Former Budweiser estate on Palm Island listed at $14.5M

142 Palm Avenue in Miami Beach
142 Palm Avenue in Miami Beach

The historic Miami-Dade County estate built for Anheuser-Busch beer magnate Clarence M. Busch is again on the market, this time for $14.5 million, The Real Deal has learned.

The mansion, at 142 Palm Avenue on Palm Island in Miami Beach, has seven bedrooms, six bathrooms, one half-bath spread among 7,455 square feet. It was built in 1920 and is currently owned by Nora Rodriguez, who bought it in 1976 for $145,000, according to Miami-Dade property records.

In 2013, the estate was listed for $8.9 million, down from a $12 million asking price in July 2010. At that time, the listing said it still contained original touches such as white awnings over the windows and hand-painting bluebirds on the walls of the dining room. The home also features an office, pool, gym, guest house, terrace, rose garden, dock and three studios.

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Nora Walz, formerly of ONE Sotheby’s International Realty, had the listing in 2010 and in 2013. In a public records search, her middle name appears to be Rodriguez, the same name as the owner. Now working as a Realtor with Big Time Realty, she appears to have the listing again, but could not be reached for comment on Friday. The new listing appeared in a Brown Harris Stevens | Zilbert market update on Friday.

Palm Island is home to a many multimillion dollar residences. In July, a 30,000-square-foot estate at 130 Palm Avenue in Miami Beach sold for $8.6 million. Al Capone’s former mansion, at 93 Palm, is getting a facelift and new life as a production, filming and photo shoot venue, TRD previously reported.  And earlier this year, 10 Palm Avenue was listed for a whopping $39 million. Former Amazon.com executive and hospitality CEO Christian Jagodzinski owns the property.