NOT LISTED FOR SALE

199 Palm Ave Miami Beach, FL 33139

Star, Palm and Hibiscus Islands Neighborhood

Estimated Value: $5,957,000 - $7,404,415

5 Beds
5 Baths
3,814 Sq Ft
$1,807/Sq Ft Est. Value

Sale Details

Date Sold: May 13, 2022

Last sale price $6,000,000 $1,573 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $48,968 / mo

54 Days on Market

Highlights

  • Tennis Courts
  • Active Adult
  • Marble Flooring
  • In Ground Pool
  • Bay View
  • 1-minute walk to Palm Island Park

About This Home

As of May 2022

Luxurious 5bed/5bath home in Palm Island. This bright modern home has a huge living room overlooking the pool, high-end kitchen, double Sub-Zero fridge and freezer and a cooking island. One bedroom on the first floor and 4 bedrooms upstairs, incluing Master Suite with 2 walk-in closets and an expansive balcony. Oversized roof deck with stunning views of the bay and sunsets. Gated community with 24h security, tennis and basketball courts and private access to the park. Harmonious turnkey home, showings allowed on Mondays between 4.45pm and 5.45pm - TEXT TO SHOWExcluded items: Black Chandelier, barbecue and Garden art by Philippe Perrin.

Last Agent to Sell the Property

Juliana Savoia

Coldwell Banker Realty License #3257649 Listed on: 02/17/2022

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $55,504

Year Built

  • Built in 2016

Lot Details

  • 7,000 Sq Ft Lot
  • South Facing Home
  • Property is zoned 0100

Parking

  • 2 Car Attached Garage

Property Views

  • Bay
  • Pool

Home Design

  • Entry on the 1st floor
  • Flat Roof Shape
  • Tile Roof

Interior Spaces

  • 3,814 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Open Floorplan
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Tennis Courts

Utilities

  • Central Heating and Cooling System

Community Details

  • Active Adult
  • No Home Owners Association
  • Palm Island Subdivision
  • Maintained Community

Listing and Financial Details

  • Assessor Parcel Number 0242050010420

Home Details

Home Type

Single Family

Est. Annual Taxes

$55,504

Year Built

Built in 2016

Lot Details

7,000 Sq Ft Lot

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 2016
  • Entry Level: 1
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Features, Bathtub, Family/Dining Room, Kitchen Island, Living/Dining Room, Soaking Tub, Separate Shower, Upper Level Primary
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Flooring: Marble, Wood
  • Living Area: 3814.0
  • Stories: 2

Exterior Features

  • Exterior Features: Tennis Court(s)
  • View: Bay, Pool
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: South
  • Property Condition: Resale
  • Roof: Flat, Tile

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Covered, Garage

Utilities

  • Security: Fire Alarm
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: Yes
  • Amenities: Maintenance
  • Association: No

Lot Info

  • Parcel #: 0242050010420
  • Lot Size Acres: 0.16
  • Mobile Dim Units: Feet
  • Zoning: 0100

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 55504.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2022
Closed on
May 13, 2022
Sold by
Coconut Palm 22 Llc
Bought by
Seller's Agent
Juliana Savoia
Coldwell Banker Realty
List Price
$6,200,000
Sold Price
$6,000,000
Premium/Discount to List
-$200,000
-3.23%
Current Estimated Value
$7,378,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,378,444
Avg. Annual Appreciation
3.26%
Original Mortgage
$4,500,000
Outstanding Balance
$4,193,020
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$2,697,584

Purchase Details

Closed on
Jun 30, 2021
Sold by
Youssef Lamia Ben
Bought by
Coconut Palm 22 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2019
Sold by
Youssef Lamia Ben
Bought by
Youssef Lamia Ben

Purchase Details

Closed on
Apr 14, 2016
Sold by
El Kantaoui Invest Llc
Bought by
Youssef Lamia Ben and The Sunpalm Irrevocable Trust

Purchase Details

Closed on
Aug 16, 2013
Sold by
Ys Alliance Development Llc
Bought by
El Kantaoui Invest Llc

Purchase Details

Listed on
Dec 7, 2012
Closed on
Apr 19, 2013
Sold by
Spiegel Michael and Spiegel Marilyn
Bought by
Ys Alliance Development Llc
Buyer's Agent
Alejandro Daguer
AAA International Realty
List Price
$950,000
Sold Price
$860,000
Premium/Discount to List
-$90,000
-9.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.83%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Star, Palm and Hibiscus Islands, FL

  • Nancy Batchelor Real Estate Agent - Compass Florida, LLC

    Nancy Batchelor

    Compass Florida, LLC

    (786) 685-4740

    388 Total Sales

    1 in Star, Palm and Hibiscus Islands

    $4,250,000 Price

    Nancy Batchelor
     Section Image
  • Cyril Bijaoui Real Estate Agent - The Corcoran Group

    Cyril Bijaoui

    The Corcoran Group

    (786) 485-1158

    52 Total Sales

    1 in Star, Palm and Hibiscus Islands

    $7,550,000 Price

    Cyril Bijaoui
     Section Image
  • Santiago Ferreira Real Estate Agent - One Sotheby's International Realty

    Santiago Ferreira

    One Sotheby's International Realty

    (866) 505-1945

    1 Total Sale

    1 in Star, Palm and Hibiscus Islands

    $3,350,000 Price

    Santiago Ferreira
     Section Image
  • Kimberly Rodstein Real Estate Agent - Douglas Elliman

    Kimberly Rodstein

    Responds Quickly

    Douglas Elliman

    (888) 589-5234

    81 Total Sales

    1 in Star, Palm and Hibiscus Islands

    $12,250,000 Price

    Kimberly Rodstein
     Section Image

  • MS

    May Shekouri

    Responds Quickly

    Bespoke Realty Group Miami, LLC

    (786) 977-9190

    26 Total Sales

    2 in Star, Palm and Hibiscus Islands

    $15,000,000 Price Range

    May Shekouri
     Section Image

  • BS

    Bryan Sereny

    Responds Quickly

    Douglas Elliman

    (888) 612-4556

    127 Total Sales

    2 in Star, Palm and Hibiscus Islands

    $13,750,000 Price Range

    Bryan Sereny
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$6,000,000 None Listed On Document
Coconut Palm 22 Llc -- Accommodation
Youssef Lamia Ben -- Attorney
Youssef Lamia Ben $3,700,000 Pinnacle Title Group Llc
El Kantaoui Invest Llc -- Attorney
Ys Alliance Development Llc $860,000 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $4,500,000
Previous Owner Coconut Palm 22 Llc $1,050,000
Previous Owner El Kantaoui Invest Llc $500,000
Previous Owner El Kantaoui Invest Llc $900,000
Previous Owner Spiegel Michael $938,250
Previous Owner Spiegel Michael $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/13/2022 05/13/22 Sold $6,000,000 -3.2% $1,573 / Sq Ft
04/12/2022 04/12/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $6,200,000 +620.9% $1,626 / Sq Ft
04/19/2013 04/19/13 Sold $860,000 -9.5% $400 / Sq Ft View Prior Sale
03/27/2013 03/27/13 Pending -- -- --
12/07/2012 12/07/12 For Sale $950,000 -- $442 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $99,090 $5,141,840 $1,960,000 $3,181,840
2024 $97,753 $5,158,789 $1,959,772 $3,199,017
2023 $97,753 $5,018,256 $1,784,858 $3,233,398
2022 $57,060 $2,881,185 $1,302,030 $1,579,155
2021 $55,504 $2,750,821 $1,155,060 $1,595,761
2020 $55,968 $2,767,428 $1,155,060 $1,612,368
2019 $56,342 $2,784,034 $1,155,060 $1,628,974
2018 $54,950 $2,799,867 $1,155,060 $1,644,807
2017 $53,166 $2,654,758 $0 $0
2016 $18,735 $778,961 $0 $0
2015 $17,366 $708,147 $0 $0
2014 $17,324 $772,683 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • JS

    Seller's Agent in 2022

    Juliana Savoia

    Coldwell Banker Realty

  • AD

    Buyer's Agent in 2013

    Alejandro Daguer

    AAA International Realty

See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: A11161800

BeachesMLS (Greater Fort Lauderdale)

APN: 02-4205-001-0420

Florida Miami/Dade County Miami Beach 33139 Star, Palm and Hibiscus Islands

199 Palm Ave, Miami Beach, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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