This is a small man made island in South Beach but within city limits of Miami Beach, this residential community is accessible only by land utilizing the MacArthur Causeway as the only way in and out of the island.  The island in it’s entirety covers 82 acres only, the property values are high and steady, this is home to many famous people, including Al Capone and Barbara Walters.  The island has several mansion Al Capone’s mansion is worth $8.5 million as of 2014, the island has 24 hour security and no two properties are alike.  Most properties are on the water and have dock space for Boats and Yachts Ocean Access Available.  The homes range architecturally from Art Deco typical Miami style to Modern to the Classic mediterranean style.  Palm Island is connected to adjacent island Hibiscus, which share a community Park and other amenities like Tennis and Basket Ball Courts.  This Luxurioius upscale community offers homes ranging from 3 bedrooms and up, has great schools close by from elementary to high school.