Palm Island

  • $49,500,000
  • $48,500,000
  • $43,000,000
  • $13,900,000
  • $6,000,000
  • $4,199,000
  • $3,749,000
  • $3,550,000
  • $3,500,000

Palm Island

Palm Island is a man-made island located in Biscayne Bay in the city of Miami Beach. Palm Island lies just south of Hibiscus Island. It is a peaceful residential area, the site of an exclusive neighborhood and multi-million dollar luxury homes. Both Palm Island and Hibiscus island are only accessible via the MacArthur Causeway or via boat on the Biscayne Bay.

This gated subdivision of Miami Beach - Palm Island, features luxury waterfront homes and luxurious estates characterized by Mediterranean-style architecture with elegant entryways leading into large and beautiful homes with many featuring large, comfortable and tropical Florida rooms.

Palm Island homes often feature and include many other designer touches that include; spa bathrooms, marble floors, vaulted ceilings, and outdoor pools with lushly landscaped pool decks. Waterfront residents of Palm Island can dock their boats at their own private docks in this beautiful island community of luxury estates and homes.

The amenities on Palm Island include a park with picnic area, childrens playground, tennis courts and 24/7 security.

This exclusive island is located off the MacArthur Causeway within minutes of South Beach, Miami Beach and Miami Downtown, Port of Miami and all the attractions Miami, Miami Beach and South Florida has to offer.

A Palm Island Home offers you peaceful private island living on the beautiful Biscayne Bay, while you are just a short drive from all the excitement and amenities that Miami Beach, South Beach and all of South Florida has to offer.

A Short History of Palm Island & Hibiscus Island

Today's Palm Island and Hibiscus Island still bear historical evidence of a grand and illustrious history, visible immediately beyond the guard gates at the entrance to Palm Island. As one proceeds onto the island, the first thing you pass is a childrens playground full of swing sets, slides and see-saws. But half a century ago this location was an altogether different sort of playground, the island and this area was the site of the Famous Latin Quarter Nightclub.

The Latin Quarter Nightclub - owned by Lou Walters, father of The View’s Barbara Walters, the Latin Quarter was a mid-century mecca for big-named entertainers who performed for winter crowds of tourists and celebrities arriving in Miami Beach each December. Entertainers like Frank Sinatra, Dean Martin & Jerry Lewis, Jack Benny and Tony Bennett all intermingled with waves of high-kicking chorus girls to perform three shows a night at the Latin Quarter.

A bit earlier, beginning in the early 1930's, Palm Island became the winter home of such notables as Al Capone and many notable celebrities, who took to Miami Beach's beauty and warm weather. They built various incredible waterfront estates on Palm Island and Hibiscus Island. Many of these historic estates were restored to their full glory during the real estate boom of the late 1980's and early 1990's.

View all Palm Island homes for sale and Palm Island real estate for sale below.

4 Bedroom Homes for sale

Address
Price
Bed/Baths
Interior Space
$sf/$m²
WF/Pool
MLS Number
1728 Lenox Ave
$6,000,000
4 / 4
3,750sf / 348m²
$1,600 / $17,223m²
N / Y
1800 Jefferson Ave
$4,199,000
4 / 4
3,281sf / 305m²
$1,280 / $13,776m²
N / Y
265 Palm Ave
$3,500,000
4 / 3
1,534sf / 143m²
$2,282 / $24,560m²
N / N

5 Bedroom Homes for sale

Address
Price
Bed/Baths
Interior Space
$sf/$m²
WF/Pool
MLS Number
222 S Coconut Ln
$13,900,000
5 / 5
4,507sf / 419m²
$3,084 / $33,198m²
Y / Y
1735 Lenox Ave
$3,749,000
5 / 5
2,680sf / 249m²
$1,399 / $15,058m²
N / Y
1710 Jefferson Ave
$3,550,000
5 / 4
3,129sf / 291m²
$1,135 / $12,213m²
N / N

8 Bedroom Homes for sale

Address
Price
Bed/Baths
Interior Space
$sf/$m²
WF/Pool
MLS Number
40 Palm Ave
$48,500,000
8 / 13
14,930sf / 1387m²
$3,248 / $34,968m²
Y / Y

9 Bedroom Homes for sale

Address
Price
Bed/Baths
Interior Space
$sf/$m²
WF/Pool
MLS Number
130 Palm Ave
$49,500,000
9 / 15
15,132sf / 1406m²
$3,271 / $35,212m²
Y / Y
30 Palm Ave
$43,000,000
9 / 9
N/A / N/A
N/A / N/A
Y / Y

About the Area

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Palm Island Info

  • Area:
    Miami Beach
  • Price Range:
    $3,500,000-$49,500,000
  • Rental Price Range:
    $6,500-$135,000
  • Status:
    Re-Sales

Palm Island Stats
Palm Island Stats

Sale
9
Rental
4
Sold
7

Palm Island Price Averages

  • Average Sold Price
    $9,604,285
  • Average Listing Price
    $19,544,222
  • Average Rental Price
    $44,325/mo
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