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Haute Estate Index™

Palm Island

Miami Beach · Guarded Island Estate Community

A guarded island community in Biscayne Bay where waterfront estates and interior homes create a broader ownership ladder than the city’s pure trophy-island addresses.

Community intelligence reviewed September 1, 2026

Live market snapshot

Palm Island Market Snapshot

Verified sale and current-inventory records admitted through the reviewed Palm Island registry. Rentals are excluded from these figures.

2Active listings
1Pending / under contract
5Sold in trailing 12 months
$48,000,000–$60,000,000Asking range
$54,000,000Median asking price
$3,965Average asking $/SF
15,132Median interior SF
31,000Median lot SF

Last feed update: October 15, 2026 at 8:06 PM ET

Available inventory

4 Listings for Sale in Palm Island

130 Palm Ave, Miami Beach FL 33139Active

Palm Island

130 Palm Ave, Miami Beach FL 33139

$60,000,000

9 beds · 13 baths · 15,132 interior SF

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30 Palm Ave, Miami Beach FL 33139Active

Palm Island

30 Palm Ave, Miami Beach FL 33139

$48,000,000

9 beds · 8 baths · — interior SF

View Property →
PropertyStatusPriceBedsBathsInterior SFLot SFDOM
130 Palm Ave, Miami Beach FL 33139Palm IslandActive$60,000,00091315,13230,000563 DOM
30 Palm Ave, Miami Beach FL 33139Palm IslandActive$48,000,00098.5—32,000361 DOM

Source: MIAMI Association of REALTORS® / Southeast Florida MLS via Bridge. Information is deemed reliable but not guaranteed. Full listing-firm disclosure appears on each property page. HL Real Estate Group controls this display.

Under contract

Pending Properties · 1 under contract

185 Palm Avenue, Miami Beach FL 33139Pending

Palm Island

185 Palm Avenue, Miami Beach FL 33139

$22,900,000

5 beds · 6 baths · 5,616 interior SF

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Verified sales history

Recently Sold in Palm Island · 5 closings in the last 12 months

49 Palm Ave, Miami Beach FL 33139Closed

Palm Island

49 Palm Ave, Miami Beach FL 33139

Sold 2026-10-05 · $29,000,000

8 beds · 8 baths · 11,307 interior SF

30,000 lot SF

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16 Palm Ave, Miami Beach FL 33139Closed

Palm Island

16 Palm Ave, Miami Beach FL 33139

Sold 2025-11-21 · $22,850,000

6 beds · 6 baths · 9,209 interior SF

35,348 lot SF

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145 Palm Ave, Miami Beach FL 33139Closed

Palm Island

145 Palm Ave, Miami Beach FL 33139

Sold 2026-07-01 · $40,000,000

5 beds · 6 baths · 11,639 interior SF

60,000 lot SF

View Property →
16 Palm Ave, Miami Beach FL 33139Closed

Palm Island

16 Palm Ave, Miami Beach FL 33139

Sold 2026-06-05 · $25,000,000

6 beds · 6 baths · 9,209 interior SF

35,348 lot SF

View Property →
215 Palm Ave, Miami Beach FL 33139Closed

Palm Island

215 Palm Ave, Miami Beach FL 33139

Sold 2026-09-23 · $5,750,000

4 beds · 6 baths · 5,241 interior SF

6,000 lot SF

View Property →
Sales analytics

Market Analytics

$23,925,000Median sold price
$2,878Average sold $/SF
89.3%Average sale-to-list
$40,000,000Highest verified 12-month sale
425Average active DOM
0Coming Soon, shown separately

Inventory, sales history and market measures suppress automatically when the source is more than 12 hours old.

Live data unavailable

Market data is refreshing

Live inventory and market measures are hidden until a current MLS feed is available. The permanent Palm Island guide remains available.

Haute Snapshot

The estate market in five facts

Setting

Guarded island residential community in Biscayne Bay, connected from the MacArthur Causeway.

Ownership choice

Waterfront estates with private docks alongside interior garden homes.

Access

A single controlled entrance and an island streetscape designed without through traffic.

Boating

Waterfront parcels connect directly to Biscayne Bay; dockage depends on the individual property.

Advisory lens

Lot position, water frontage, bridge-side exposure and condition matter more than the island name alone.

Why Palm Island

An island address with a real ownership ladder

Palm Island offers a distinct version of Miami Beach island living: controlled access, a calm residential street grid and an address in the middle of Biscayne Bay, between Downtown Miami and South Beach.

Unlike islands where every parcel is a uniform waterfront trophy lot, Palm Island mixes perimeter homes with private water frontage and interior garden parcels. That difference creates meaningfully different entry points, views, privacy and resale audiences inside the same gate.

The way to buy here is property-first. A waterfront position, dockage, water orientation and road exposure can matter as much as the house itself. HL Real Estate Group reads those variables against the buyer’s actual lifestyle before treating any address as interchangeable.

Estate Intelligence

The land, read line by line

Lot characterThe waterfront/interior distinction is fundamental: homes on the perimeter and homes within the island are not interchangeable comparables.
Waterfront & dockagePrivate docks and bay access are property-specific. Confirm dock configuration, water depth, permits and bridge route during diligence.
Access & privacyControlled island entry reduces casual traffic; buyers should still assess the particular approach, neighbor context and bay activity around a home.
Renovation vs. new constructionThe market spans older Miami Beach architecture and contemporary rebuilds. Land, permits and replacement cost should be read together.
Resale audiencePalm Island can serve a broader buyer range than a pure trophy enclave, but the strongest waterfront parcels still compete internationally.

Community context reviewed against public materials · Live MLS inventory and market history appear above

The Community

Geography is the asset

Palm Island sits in Biscayne Bay off the MacArthur Causeway, part of the cluster of private residential islands between Miami Beach and Downtown Miami.

Its geography creates the decision framework: perimeter versus interior, water access versus garden setting, and the specific relationship of each parcel to the bridge, bay and neighboring islands.

Miami Beach market →All neighborhoods →
Significant Sales

The record book

Source standardAddress, close date, recorded consideration and a supporting source are required before a sale appears in the Estate Index record book.
Current statusVerified closed sales from the live MLS feed appear in Recently Sold in Palm Island.

Sale records publish only with address, close date and source trail · Verified MLS sales history is live above

The Haute Perspective™

How we read Palm Island

Best for

Buyers who value a guarded island setting but want choice between waterfront dockage and an interior, lower-exposure residential experience.

Strengths

A controlled residential setting, direct Biscayne Bay context for waterfront homes, and a more varied ownership ladder than single-product trophy islands.

Consider

The island’s range makes generic comps unreliable. Water orientation, access, dockage, lot position and condition must be evaluated property by property.

Also compare

Star Island for a uniformly waterfront trophy address; Hibiscus Island for a quieter adjacent option; Sunset Islands for gated island living near Sunset Harbour.

Compare Estate Markets

Weigh it against the alternatives

Star Island

A pure 34-lot, all-waterfront trophy market with a different level of scarcity and recognition.

Explore →Hibiscus Island

An adjacent private island community with a quieter residential character and its own position within the Palm–Hibiscus–Star cluster.

Explore →Gables Estates

Gated waterfront acreage in Coral Gables, oriented around deep-water canal access and estate land.

Explore →
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Questions

Palm Island, answered

Is Palm Island gated?

Palm Island is accessed from the MacArthur Causeway through a controlled entrance. Buyers should confirm any current access, security and association details during diligence.

Are all Palm Island homes waterfront?

No. The island includes waterfront and interior homes, which is why lot position and water access are essential parts of valuation and buyer fit.

Can waterfront homes have private dockage?

Many waterfront parcels have private docks, but dock design, water depth, permits and navigation conditions should be verified for the specific property.

How does Palm Island compare with Star Island?

Star Island is a small, uniformly waterfront trophy market. Palm Island offers a broader mix of waterfront and interior homes, so it can create more ownership options within a guarded-island setting.

How can I see private opportunities?

HL Real Estate Group can assess current listed and discreet opportunities against your required waterfront, privacy and lifestyle criteria.

Private Advisory

Considering Palm Island?

We’ll compare the community against your full shortlist — waterfront, dockage, privacy, land value and provenance — and tell you honestly where we’d buy.

HL Real Estate Group · Advisory Team

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