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