A historic Palm Island estate originally built in 1928 that has been meticulously updated and expanded can now be yours for $16.499 million. In its current form the masterpiece home brings the original 1928 portion made of rare coral rock together with a 12,000 SF new construction. The home features 8 bedrooms, 10 full bathrooms and 2 half baths spread over 13,201 SF. There is also a movie theater with private entertainment bar, grand hallway,  Outside features multiple lounge areas, an expansive swimming pool, cabana and over 100' of waterfront with views of Biscayne Bay and the Flagler Memorial. 

55 Palm Ave, Miami Beach currently listed for $16,499,000 with Brian Judge & Diana Garchitorena of Douglas Elliman.