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 $9,100,000) to create one magnificent estate with 60,000 SF of land and 200 FT on the bay!