$19,500 per month

242 Palm Ave Miami Beach, FL 33139

Star, Palm and Hibiscus Islands Neighborhood
4 Beds
3.5 Baths
2,950 Sq Ft
6,000 Sq Ft Lot

Highlights

  • Bar or Lounge
  • Tennis Courts
  • Heated In Ground Pool
  • South Pointe Elementary School Rated 9+
  • Gated with Attendant
  • 1-minute walk to Palm Island Park

About This Home

A statement of refined elegance in the heart of Palm Island, this just renovated exquisite residence at 242 Palm Avenue offers 4 Bedrooms and a seamless fusion of contemporary luxury and timeless design. From the moment of arrival, the grand double-height entrance makes an unforgettable first impression a and abundant natural light. Inside, imported European wide-plank wood flooring flows throughout the upper level and imported marble downstairs Every space has been curated with precision: expansive glass doors open to a soon to be lush landscaped outdoor oasis, complete with resort-style pool. Spa-inspired bathrooms, full garage meticulous, details and bespoke millwork Positioned on one of the most prestigious and most secure addresses in Miami Beach, this residence is a rare gem.

Listing Agent

Adam Redolfi

Alure Capital License #3585733 Listed on: 11/03/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1994

Lot Details

  • 6,000 Sq Ft Lot
  • South Facing Home
  • Property is zoned 0100

Parking

  • 2 Car Attached Garage
  • 2 Carport Spaces

Property Views

  • Garden
  • Pool

Home Design

  • Composition Roof

Interior Spaces

  • 2,950 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Awning
  • Blinds
  • Bay Window
  • French Doors
  • Entrance Foyer
  • Open Floorplan
  • Den
  • Sun or Florida Room
  • Marble Flooring

Kitchen

  • Breakfast Area or Nook
  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Closet Cabinetry
  • Bathtub

Home Security

  • High Impact Windows
  • High Impact Door

Pool

  • Heated In Ground Pool
  • Fence Around Pool

Schools

  • South Pointe Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Additional Features

  • Tennis Courts
  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 11/3/25
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 02-42-05-002-0780

Community Details

Overview

  • No Home Owners Association
  • Riviera 1St & 2Nd Addn Am Subdivision

Amenities

  • Game Room
  • Bar or Lounge

Recreation

  • Recreation Facilities

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Complex Is Fenced

Home Details

Home Type

Single Family

Year Built

Built in 1994

Lot Details

0

Parking

2

Rental Info

  • Pets Allowed: Yes
  • Available Date: 2025-11-03
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1994
  • Property Sub Type: Single Family Residence
  • Architectural Style: First Floor Entry
  • Garage Yn: Yes
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Single Family-Annual, House
  • Subdivision Name: RIVIERA 1ST & 2ND ADDN AM
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • CurrentPrice: 19500
  • InternetRemarks: Newly renovated Palm Island gem with 4 beds,marble & European wood floors, custom kitchen, pool, high-end finishes throughout the home 2 CAR GARAGE
  • ShowingTimeFlag: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Trash Compactor, Dishwasher
  • Interior Amenities: First Floor Entry, Bar, Built-in Features, Closet Cabinetry, French Doors, Skylight, Vaulted Ceiling(s), Volume Ceilings, Den/Library/Office, Family Room, Florida Room, Foyer
  • Spa Yn: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: High Impact Doors, French Doors
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 2950
  • Stories: 2
  • Window Features: Skylight, Bay Window(s), Blinds, High Impact Windows
  • Bedroom Features: Primary Bath Tub
  • Dining Room Features: Breakfast Area, Dining/Living Room, Family/Dining Combination
  • Living Room Features: Den/Library/Office, Family Room, Florida Room, Foyer

Exterior Features

  • Roof: Composition Roll
  • View: Garden, Pool
  • Exterior Features: Fruit Trees, Tennis Court(s)
  • Construction Type: Concrete Block Construction
  • Direction Faces: South
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Awning(s)
  • Pool Features: In Ground, Fenced, Heated
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: RIVIERA 1ST & 2ND ADDN AM
  • Carport Spaces: 2
  • Covered Parking Spaces: 4
  • Garage Spaces: 2

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Complex Fenced, Gated with Guard

Condo/Co-op/Association

  • Amenities: Bar
  • Association: No
  • Community Features: Recreation Facilities, Game Room, Public Road, Security Patrol, Street Lights

Schools

  • Elementary School: South Pointe
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-42-05-002-0780
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 6000
  • Zoning: 0100

Map

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2025 11/03/25 For Rent $19,500 +5.4% --
08/08/2025 08/08/25 Rented $18,500 0.0% --
07/14/2025 07/14/25 For Rent $18,500 +230.4% --
07/15/2020 07/15/20 Rented $5,600 -13.8% --
06/11/2020 06/11/20 Under Contract -- -- --
06/05/2020 06/05/20 For Rent $6,500 +18.2% --
12/01/2018 12/01/18 Rented $5,500 -14.7% --
11/30/2018 11/30/18 Under Contract -- -- --
10/29/2018 10/29/18 Price Changed $6,450 -7.2% $2 / Sq Ft
09/24/2018 09/24/18 For Rent $6,950 +29.9% --
02/01/2018 02/01/18 Rented $5,350 -10.1% --
11/14/2017 11/14/17 Under Contract -- -- --
10/12/2017 10/12/17 For Rent $5,950 +8.2% --
12/01/2014 12/01/14 Rented $5,500 -15.4% --
11/01/2014 11/01/14 Under Contract -- -- --
09/08/2014 09/08/14 For Rent $6,500 -- --
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11907482

MIAMI REALTORS® MLS

APN: 02-4205-002-0780

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

242 Palm Ave, Miami Beach, FL

For Rent

Detached

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Adam Redolfi
Listing Agent
Adam Redolfi
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Alure Capital
(786) 876-6783