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$5,795,000

Beds
4
Baths
4.5
sq ft
2,741

291 Palm Ave, Miami Beach, FL 33139

291 Palm Ave

Miami Beach, FL 33139

  • 211 days on market
Brand new modern masterpiece coming soon to the exclusive Palm Island! Comprised of 4 en-suite bedrooms, this 3,077-sf residence has been designed to perfection featuring sleek interior finishes, an open floor plan and functional indoor-outdoor living. Other features include parking court and garage,private pool surrounded by lush landscape and a 370 Sqft rooftop deck offering incredible views of the skyline and bay. Palm Island offers 24/7 police gated security,lighted basketball/tennis courts, and children’s playground. Centrally located just minutes from South Beach, Downtown, Miami airport, and the best dining/social scenes. This is the only non-waterfront new construction available on Palm Island. Currently under construction. Est completion Q3/Q4 2024. Price is for the finished home.

Details

Property type

Single Family Residence

Est. home value

$5,030,831

Lot size

6,018 sq ft

Price per sq ft

$2,115

Year built

1935

Annual property taxes

$39,750

Price History

01/26/2024
SEF

SEF #A11494470

Price change
$5,795,000
+3.57%
12/04/2023
SEF

SEF #A11494470

Listed
$5,595,000

Schools & Community

Neighborhood: 

Palm Island

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Universal Private Loans Llc

Loan start date

May 2023

Original loan amount

$2,250,000

Est. remaining balance

Not provided

Interest rate

6.42%

Loan type

Commercial

Seller

Villa Lalani Llc

Lender

Universal Private Loans Llc

Loan start date

May 2023

Original loan amount

$2,250,000

Est. remaining balance

Not provided

Interest rate

6.42%

Loan type

Commercial

Seller

Villa Lalani Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/02/2024 at 6:55 PM

Listing updated: 05/31/2024 at 5:04 PM

Listed by: Mallory McGuire, One Sotheby's International Re Phone #: (305) 538-9711

MLS: SEF #A11494470

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