112 W Palm Midway Miami Beach, FL 33139
Star, Palm and Hibiscus Islands NeighborhoodEstimated payment $47,186/month
Highlights
- In Ground Pool
- Gated Community
- Maid or Guest Quarters
- South Pointe Elementary School Rated A-
- Waterfront
- Deck
About This Home
An architectural masterpiece in the exclusive Hibiscus Island. This ultra-luxurious estate features 5 beds + 5.5 baths. Spanning 4,781 SF of meticulously designed living spaces, blending modern elegance w/ tropical sophistication. Designed for discerning Buyers, estate features white oak flooring, linear diffusers, soaring ceilings, natural light t/o & covered terraces. Gourmet kitchen boasts top-of-the-line appliances, gas stove, custom cabinetry & massive island ideal for entertaining. Primary suite includes a private terrace, spa-like bath w/ dual vanities, soaking tub + oversized walk-in closet. Enjoy the outdoors w/ a stunning pool, wood-planked ceilings & summer kitchen. Just minutes from SoBe, Brickell & Design District, 112 W Palm Midway offers the ultimate Miami Beach lifestyle.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $99,830
Year Built
- Built in 2022
Lot Details
- 9,750 Sq Ft Lot
- Waterfront
- East Facing Home
- Property is zoned 0100
Property Views
- Garden
- Pool
Interior Spaces
- 4,781 Sq Ft Home
- 2-Story Property
- Built-In Features
- Vaulted Ceiling
- Blinds
- Entrance Foyer
- Great Room
- Family Room
- Formal Dining Room
- Tile Flooring
Kitchen
- Eat-In Kitchen
- Built-In Self-Cleaning Oven
- Gas Range
- Dishwasher
- Cooking Island
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom Upstairs
- Closet Cabinetry
- Walk-In Closet
- Maid or Guest Quarters
- Dual Sinks
- Separate Shower in Primary Bathroom
- Soaking Tub
Laundry
- Laundry in Utility Room
- Dryer
- Washer
Home Security
- High Impact Windows
- High Impact Door
- Fire and Smoke Detector
Parking
- Driveway
- On-Street Parking
- Open Parking
Outdoor Features
- In Ground Pool
- Balcony
- Deck
- Patio
- Exterior Lighting
- Outdoor Grill
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 02-32-32-005-0310
Community Details
Overview
- Property has a Home Owners Association
- Hibiscus Island Subdivision
Amenities
- Picnic Area
Recreation
- Tennis Courts
Security
- Security Service
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $112,414 | $5,822,662 | $2,632,500 | $3,190,162 |
| 2024 | $102,755 | $5,811,245 | -- | -- |
| 2023 | $102,755 | $5,282,950 | $2,028,000 | $3,254,950 |
| 2022 | $25,517 | $1,072,500 | $0 | $0 |
| 2021 | $21,217 | $975,000 | $975,000 | $0 |
| 2020 | $21,267 | $975,000 | $975,000 | $0 |
| 2019 | $22,993 | $1,063,140 | $1,063,140 | $0 |
| 2018 | $26,309 | $1,276,752 | $975,000 | $301,752 |
| 2017 | $30,837 | $1,482,207 | $0 | $0 |
| 2016 | $29,784 | $1,428,857 | $0 | $0 |
| 2015 | $10,454 | $490,633 | $0 | $0 |
| 2014 | $10,698 | $486,740 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/01/2025 08/01/25 | For Sale | $7,295,000 | +14.0% | $1,526 / Sq Ft |
| 04/20/2022 04/20/22 | Sold | $6,400,000 | -5.9% | $1,906 / Sq Ft |
| 04/13/2022 04/13/22 | Pending | -- | -- | -- |
| 03/11/2022 03/11/22 | For Sale | $6,800,000 | +32.7% | $2,025 / Sq Ft |
| 03/07/2022 03/07/22 | Sold | $5,125,000 | -6.8% | $1,156 / Sq Ft |
| 04/08/2021 04/08/21 | Pending | -- | -- | -- |
| 03/31/2021 03/31/21 | For Sale | $5,500,000 | 0.0% | $1,240 / Sq Ft |
| 03/15/2021 03/15/21 | Pending | -- | -- | -- |
| 02/08/2021 02/08/21 | For Sale | $5,500,000 | +249.2% | $1,240 / Sq Ft |
| 07/31/2015 07/31/15 | Sold | $1,575,000 | -12.3% | $469 / Sq Ft |
| 05/21/2015 05/21/15 | Pending | -- | -- | -- |
| 04/21/2015 04/21/15 | Price Changed | $1,795,000 | -5.0% | $535 / Sq Ft |
| 03/26/2015 03/26/15 | For Sale | $1,890,000 | -- | $563 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,575,000 | Attorney |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $300,000 | Balloon | |
| Closed | $700,000 | Balloon | |
| Closed | $2,500,000 | Balloon |
Source: MIAMI REALTORS® MLS
MLS Number: A11850871
APN: 02-3232-005-0310
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