Home/Search/290 S Coconut Ln, Miami Beach FL 33139
290 S Coconut Ln, Miami Beach FL 331391 / 12
For Sale
Single Family Residence
Waterfront

$21,950,000

290 S Coconut Ln, Miami Beach FL 33139

5

Bedrooms

5

Bathrooms

7,660

Sq Ft

About This Property

Brand-new waterfront architectural masterpiece under construction on exclusive, gated Palm Island. Designed by renowned architect Choeff Levy Fischman, this three-story modern estate with rooftop living is scheduled for completion in December 2026 and offers unobstructed Downtown Miami skyline views. Thoughtfully designed for seamless indoor-outdoor living, the home features expansive waterfront terraces, a resort-style pool with integrated waterfall, and a dramatic rooftop entertainment level ideal for hosting and relaxation. A private dock and brand-new seawall provide direct ocean access for boating and water activities. Interiors by Casa Bella Design showcase refined modern elegance with porcelain surfaces by Porcelanosa, luxury fixtures by Dornbracht, Waterworks, Axor, and Toto, a gourmet chef’s kitchen by Ornare, custom millwork, and bespoke closets throughout. The residence includes a fully automated smart-home system with Lutron lighting, enhancing comfort, security, and ambiance. Additional features include an enclosed two-car garage and dedicated space for motorbikes and bicycles. Palm Island is a 24-hour guard-gated community offering tennis and basketball courts, a children’s playground, and close proximity to Downtown Miami, South Beach, and Coconut Grove.

Property Details

MLS #:A11948665
Price:$21,950,000
Status:For Sale
Days on Market:220
Date Listed:Jan 19, 2026
Bedrooms:5
Total Bathrooms:5
Full Bathrooms:5
Living Area:7660 sqft
Lot Size:7000 sqft
Price per Sqft:$2,866/sqft
Year Built:2026
Property Type:Residential
Property Sub Type:Single Family Residence
New Construction:Yes

Bedrooms:5
Full Bathrooms:5
Heating:Central
Cooling:Electric
Appliances:Dishwasher
Flooring:Marble
Interior Features:First Floor Entry, Elevator, Den/Library/Office, Family Room, Media Room
Window Features:Hurricane Shutters
Door Features:High Impact Doors
Virtual Tour:Available

Architectural Style:Attached, Three Or More Stories
Structure Type:House
Roof:Other
Lot Features:Less Than 1/4 Acre Lot
Lot Size:7000 sqft
Pool:Above Ground, Heated
Waterfront:Yes – WF/Pool/No Ocean Access, Intracoastal Front
View:Bay, Intracoastal View
Sewer:Public Sewer
Water Source:Municipal Water

Parking Features:Driveway, Electric Vehicle Charging Station(s)
Garage Spaces:2
Covered Spaces:2

Community Features:Gated Community, Maintained Community

Area/Region:Riviera 1st & 2nd Addn Am
Direction Faces:Southwest
Elementary School:South Pointe
Middle School:Nautilus
High School:Miami Beach
Zoning:0100

Price per Sqft:$2,866/sqft
Annual Tax Amount:$108,042
Tax Year:2026
Listing Terms:All Cash, Conventional
Parcel Number:02-42-05-002-0630
Legal Description:RIVIERA 1ST & 2ND ADDN AMD LOT 8 & 20FT STRIP ADJ SAME ON BAY BLK 2 D PB 32-37 LOT SIZE 50.000 X 140 COC22074-1334 022004 2 (2)

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$21,950,000
$108,042
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Estimated Monthly Payment

$138,286/mo

Principal & Interest$110,991
Property Tax$9,004
Insurance$18,292
Loan Amount$17,560,000
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Listing courtesy of Haute Real Estate, Inc.. Data last updated August 27, 2026 at 08:13 PM.