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Waterfront Palm Island Estate Designed By Caesar Molina Hits Market For $48.5 Million

December 15, 2023

A waterfront estate on Miami Beach’s Palm Island has hit the market for $48.5 million. The tropical modern waterfront mansion is designed by renowned architect Caesar Molina and spans nearly 15,000-square feet of stunning amenities and unparalleled, museum-like interiors furnished by Artefacto.

Located at 40 Palm Ave., the newly built home features a double-sided water feature which welcomes you upon entrance into the eight bedroom, nine full and four half bathroom estate. Thoughtfully curated with luxury in mind, find a rare full size rooftop terrace is accessible by stairs or elevator with immaculate views of Miami’s most coveted views.

The primary bedroom features a massive closet, wet bar plus a terrace with a private plunge pool. The kitchen showcases Mia Cucina cabinetry, Wolf + Subzero appliances. Additional features include a state-of-the-art home theatre, gym with steam and sauna, a four-car electric garage and detached upstairs guest house.

Outside, the backyard features a spacious infinity edge pool, patio with grill, and a private boat dock offering 100 feet of water frontage.

40 Palm Ave is listed for $48.5 million with Liz Hogan of Compass.

Images via Become Legendary

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In Development, Development News, Featured Listing, Luxury Real Estate, Luxury Homes, News, News & Features, Residential, Spec Home, Miami Beach Tags News & Features, News, Caesar Molina, Artefacto, Palm Avenue, Miami Beach, Development News, Development, Spec Home, Liz Hogan, Residential, Featured Listing, Featured Listings, Luxury Real Estate, Featured, 40 Palm Ave., Palm Island, Link In Bio
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