Nestled on a gated private island, this Miami Beach waterfront mansion can be a modern tropical oasis for $29.5 million.

Located at 73 Palm Ave. in the Palm Island community, the estate provides unobstructed waterfront views and privacy.

The main entrance features a granite driveway and a carved limestone waterfall feature near the front door. A set of floor-to-ceiling glass windows allows guests a sneak peek inside the two-story home.

Inside, Portuguese limestone flooring is used throughout the home, as well as European smoked oakwood details.

The 13,676-square-foot home boasts nine bedrooms, 10 bathrooms, a powder room and a two-story bronze fireplace. There is a 2,500-square-foot rooftop terrace.

Several reflecting ponds can be found throughout the home providing zen-like areas for lounging and entertaining.

The mansion also features a movie theater, elevator, wine storage, four-car garage and an oversized infinity pool.

There is a secluded hot tub off the master bedroom terrace.

Choeff Levy Fischman, a Miami-based architecture and design firm, are known for their expertise in indoor-outdoor living and prefer to use warm elements such as wood and stone to create a tropical atmosphere that works perfectly in South Florida.

Outside, the backyard showcases a large grass area, more than 100 feet of dock space, an outdoor kitchen and cabana with rooftop access and a large Banyan tree.

“The grounds included a timeless natural banyan tree that was a focal point of the outdoor environment,” said architect Ralph Choeff. “We decided to design around it so that it could enhance the overall experience, creating a sense of peace and tranquility, while also maximizing views.”

Mirce Curkoski, of ONE Sotheby’s International Realty, holds the listing.

Palm Island is a man-made island just west of Star Island in Biscayne Bay. It’s accessible via the MacArthur Causeway, which connects Miami and Miami Beach.

To view a video tour of the residence, visit The South Florida Sun Sentinel.