Experience unrivaled luxury on Miami Beach's exclusive, guard-gated Palm Island. This extraordinary 11,650 SF estate boasts 100 feet of prime waterfront with sweeping Biscayne Bay views, direct access, and private dockage. Designed for effortless resort-style living, the 8-bedroom, 9 full and 2 half bath residence features expansive interiors, a gourmet chef's kitchen, formal dining, and elegant entertaining spaces. Outside, enjoy a private pool, covered terraces, and lush tropical landscaping. Just minutes from South Beach, the Design District, and world-class dining and shopping.
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House for rent
$125,000/mo
198 Palm Ave, Miami Beach, FL 33139
8beds
11,650sqft
Price may not include required fees and charges.
Singlefamily
Available now
Cats, small dogs OK
Central air, electric
In unit laundry
Attached garage parking
Electric, central
What's special
- 139 days |
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Zillow last checked: 8 hours ago
Listing updated: December 02, 2025 at 10:56am
Travel times
Looking to buy when your lease ends?
Consider a first-time homebuyer savings account designed to grow your down payment with up to a 6% match & a competitive APY.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 11
- Full bathrooms: 9
- 1/2 bathrooms: 2
Heating
- Electric, Central
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
- Laundry: In Unit, Laundry Room
Features
- Bar, Built-in Features, Closet Cabinetry, Entrance Foyer, First Floor Entry, Game Room, Other, View, Volume Ceilings, Walk-In Closet(s), Wet Bar
- Furnished: Yes
Interior area
- Total interior livable area: 11,650 sqft
Video & virtual tour
Property
Parking
- Parking features: Attached, Carport, Garage, On Street, Covered
- Has attached garage: Yes
- Has carport: Yes
- Details: Contact manager
Features
- Exterior features: 1/4 To Less Than 1/2 Acre Lot, Additional Spaces Available, Attached Carport, Bar, Barbecue, Built-in Features, Closet Cabinetry, Entrance Foyer, Fire Alarm, First Floor Entry, Floor Covering: Marble, Flooring: Marble, Game Room, Gated with Guard, Guest, Heating system: Central, Heating: Electric, High Impact Doors, In Ground, Laundry Room, Lighting, Lot Features: 1/4 To Less Than 1/2 Acre Lot, Maintained Community, On Street, Other, Other Subdiv/Park Info, Parking Garage, Patio, Paved Road, Picnic Area, Roof Type: Barrel, Sidewalks, Smoke Detector, Street Lights, View Type: Bay, Volume Ceilings, Walk-In Closet(s), Wet Bar
- Has private pool: Yes
- Has spa: Yes
- Spa features: Hottub Spa
- Has view: Yes
- View description: Water View
- Has water view: Yes
- Water view: Waterfront
Details
- Parcel number: 0242050010510
Construction
Type & style
- Home type: SingleFamily
- Property subtype: SingleFamily
Condition
- Year built: 2016
Community & HOA
Community
- Security: Gated Community
HOA
- Amenities included: Pool
Location
- Region: Miami Beach
Financial & listing details
- Lease term: More Than 1 Year,12 Months
Price history
| Date | Event | Price |
|---|---|---|
| 10/29/2025 | Listing removed | $99,000,000$8,498/sqft |
Source:  Douglas Elliman #A11833354 | ||
| 7/22/2025 | Listed for rent | $125,000+31.6%$11/sqft |
Source:  MIAMI #A11844617 | ||
| 7/9/2025 | Listed for sale | $99,000,000+482.4%$8,498/sqft |
Source: MIAMI #A11833354 | ||
| 9/18/2024 | Listing removed | $95,000$8/sqft |
Source: MIAMI #A11591219 | ||
| 5/21/2024 | Listed for rent | $95,000-29.6%$8/sqft |
Source: MIAMI #A11591219 | ||
