290 S Coconut Ln Miami Beach, FL $ 21,950,000
290 S Coconut Ln
$ 21,950,000
Recently Listed New Construction
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290 S Coconut Ln

Miami Beach, FL, 33139
$ 21,950,000
Bedrooms5 Baths5.0 Sq 7,660

Monthly Estimate*

$ 135,150

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Single Family Home for sale in Miami Beach, FL

for $21,950,000 with 5 bedrooms and 5 full baths. This 7,660 square foot home was built in 2026.

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 October 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 Casabella 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.

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Single Family Active

Price

$ 21,950,000

Bedrooms

5

Full Bath

5

Property Type

Single Family

Taxes

$ 108,042

Style

Year Built

2026

Town/City

Miami Beach

County/Region

Miami-Dade

MLS | Web ID

A11948665

Features
General
Sewer Public Sewer
Heating Central
Cooling Electric
Possession Close Of Escrow
Roof Other
Appliances Dishwasher
Development Status New Construction
Garage Spaces 2
Pool Features Above Ground Heated Infinity Pool
Security Features Gated Community
Restrictions No Restrictions
Year Built 2026
View Bay Intercoastal
Levels Three Or More
Property Subtype Single Family Residence
Tax Year 2026
Waterfront Features Bayfront Intracoastal Access
Community Features Gated Maintained Community
County Miami-Dade
New Construction true
Property Type Residential
Subdivision Name RIVIERA 1ST & 2ND ADDN AM
Facing Direction Southwest
Garage Y/N true
Total Rooms 0
Full Baths 5
Status Active
High School Miami Beach
City Miami Beach
Disclosures None
Senior Community Y/N false
Zoning Description 0100
MLS Area 42
Lot Size Units Square Feet
Lot Size Square Feet 7000
Listing Terms Cash Conventional
Elementary School South Pointe
Year Built Details New Construction
Tax Annual Amount 108042
Middle/Junior High School Nautilus
Lease Considered Y/N false
Standard Status Active
Occupancy Type Vacant
Property Sub Type Additional Single Family Residence
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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Interior
Interior Amenities Dual Sinks First Floor Entry Separate Shower Upper Level Primary Elevator
Flooring Marble
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 5
Total Baths 5
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Exterior
Exterior Amenities Security/High Impact Doors Storm/Security Shutters
Parking Features Driveway Electric Vehicle Charging Station(s)
Lot Features < 1/4 Acre
Water Source Public
Lot Size Area 7000
Building Area Total 0
Frontage Length 50
Waterfront Y/N true
Covered Spaces 2
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* Excluded Features
List By
Haute Real Estate, Inc.

Broker

seth@hlrealestategroup.com

Email

Affordability Calculator

$144,153
Per Month
94%
6%
0%
Monthly Principal & Interest
$135,150
Monthly Property Taxes
$9,004
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
292493 Elementary School
4205765 Middle School
Miami Beach High School High School
Pricing History
Date Price Price Change Description
1/20/2026 $21,950,000 Listed Price

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290 S Coconut Ln, Miami Beach, FL, 33139 is a Single Family Home for sale at $21,950,000 with 7,660 sqft. 290 S Coconut Ln has 5 bedrooms, 5.0 baths, and was built in 2026. The property's zip code is 33139 which is in Miami Beach, FL