House 261m² for sale in Miami Beach. Opportunity to create your dream waterfront home in guard gated Palm Island. Least expensive waterfront property on Palm and Hibiscus Islands. Renovate/Expand existing home or build new. Beautiful panoramic water views. Existing 4 car carport could potentially be converted to enclosed garages. 8000 foot lot with 50 feet water frontage This quiet oasis is 5 minutes to South Beach and Downtown Miami.