A newly constructed residence at 158 Palm Ave. in the exclusive Palm Island community recently sold for $32 million, setting the record for the priciest sale on Palm Island. The waterfront property boasts over 14,000 square feet with six beds, six and a half baths, an office, a movie theater, an oversize chef’s kitchen, a primary suite, and a detached five-car garage with a second-floor guest house. It also features a private dock with 100-foot water frontage providing stunning bay and skyline views.

The buyer is represented by David Pullman with The Waterfront Team at ONE Sotheby’s International Realty, while Lourdes Alatriste represents the seller with Douglas Elliman.