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Italian Palazzo in Miami Beach asks $15M

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Palm Island’s sixth priciest home

A yellow Italian Palazzo in Miami Beach with massive palms out front
166 Palm Avenue, Miami Beach
via Ralph Arias, One Sotheby’s

An Italian Palazzo in Miami Beach just hit the market for $14.95 million after selling for $11.5 million in Spring 2016.

Measuring just under 11,000 square feet, the gated Palm Island residence includes seven bedrooms, eight bathrooms, dramatic double-height ceilings and a stained-glass-topped atrium. There’s also an enormous rooftop deck and a pool overlooking the bay with cascading fountains, a hot tub, summer kitchen, and dockage.

It’s the sixth priciest home for sale in Palm Island, which is among Miami Beach’s most lavish barrier islands.