Part of a trio also comprised of Star and Hibiscus Island, Palm Island just like its two aforementioned siblings also features a mix of stunningly extravagant and luxurious waterfront mansions that reach up to $20 million in value and come with more than twelve bedrooms.

For a cool sum of just over $1 million, you have the fortunate luxury of living in a pleasant two story Spanish deco inspired home with three bedrooms and two bathrooms.  Although the majority of properties on Palm Island range in the millions, the diversity of choices and prices they carry are significantly better than other nearby Miami Beach island communities.

And just like the aforementioned two, Palm Island lies just moments from Miami Beach and also has it own gated entry.  Not only do Palm Island residents get to live near the pristine waterfront, they also get to enjoy it in the seclusion of a tropically infused island residence.

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