Recently refreshed, 11,000 sf italian palazzo on secure, gated palm island with fantastic views of the downtown miami skyline! An entertainer's paradise with double-height ceilings, stained-glass atrium, and an expansive rooftop which can be customized to your liking. Magnificent pool w/cascading fountains, jacuzzi, summer kitchen, and protected dockage for a large yacht. Palm island tennis courts, basketball court, and playground all located conveniently across the street. Best value for a large estate on miami beach! Can be combined with adjacent lot, 158 palm ave (30,000 sf lot, listed for $9,400,000) to create one magnificent estate with 60,000 sf of land and 200 ft on the bay!.