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$11,495,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 1 Partial Bath
  • 2,263 Sq. Ft.
  • Updated 15 hours ago
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Casa Bahia is a rare waterfront opportunity - Plans Included & Ready to Build - on the exclusive, guard-gated Palm Island, masterfully designed by Borges + Associates. Offered with the land and a full set of approved plans for a new 3,800 SF modern residence, this offering saves up to three years of design, review, and planning - allowing you to break ground immediately and be the first to enjoy this bespoke bayfront retreat. The thoughtfully curated floor plan features four bedrooms with ensuite baths, expansive light-filled living spaces, a chef's kitchen, private elevator, and a rooftop terrace designed to capture sweeping water views over Biscayne Bay. Seamless indoor-outdoor living invites tranquil mornings by the water and vibrant sunset gatherings framed by Miami's tropical skyline. Within Palm Island's private enclave, residents enjoy an exclusive park with tennis courts, basketball, soccer field, and playground. Just minutes from South Beach, Brickell, Wynwood, and the Miami Design District, Casa Bahia offers effortless access to world-class dining, luxury shopping, cultural destinations, and premier boating - while preserving the privacy, security, and prestige of island living.

Full Property Details for 253 N Coconut Ln

General

  • Price: $11,495,000
  • Taxes: $112,636 (2025)
  • Status: Active
  • Type: Single Family
  • Source: Greater_Miami
  • MLS ID: A11972744
  • Updated: 2/27/2026
  • Added to Site: 1 day(s) ago

Interior

  • Interior Features: First Floor Entry, Built-in Features, Cooking Island, Elevator, Entrance Foyer, Volume Ceilings, Walk-In Closet(s), Family Room, Great Room
  • Appliances: Dishwasher, Dryer, Microwave, Gas Range, Refrigerator, Wall Oven, Washer
  • Flooring: Marble, Wood

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Primary Bathroom: Bidet, Dual Sinks

Bedrooms

  • Total Bedrooms: 4
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Upstairs

Other Rooms

  • Living Room: Family Room, Great Room Sq. Ft.
  • Dining Room: Family/Dining Combination, Formal Dining

Additional Information

  • Pool: Yes
  • Pool Description: In Ground, 20*60
  • Equipment: Generator Hookup, Automatic Garage Door Opener, Elevator

Exterior

  • Exterior Features: Barbecue, Lighting
  • Deck/Patio: Patio

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2
  • Parking Features: Covered, Driveway

Location

  • Area: Riviera 1st & 2nd Addn Am
  • County: Miami-Dade County
  • Subdivision: RIVIERA 1ST & 2ND ADDN AM
  • Building Name: RIVIERA 1ST & 2ND ADDN AM
  • Driving Directions: Casa Bahia is located at 253 Coconut Lane on Gated Palm Island.
  • Direction Faces: South

School Information

  • Elementary School: South Pointe
  • Middle School: Nautilus
  • High School: Miami Beach

Community

  • Community Name: Riviera 1st & 2nd Addn Am
  • Gated community: Yes
  • Association: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Municipal Water

Structural Information

  • Architectural Style: Attached, Two Story
  • Structure Type: House
  • Detached/Attached: Detached
  • Model: Casa Bahia
  • Construction: Concrete Block Construction, CBS Construction, Elevated Construction
  • Roof: Concrete
  • Windows: Complete Impact Glass, Impact Glass
  • Doors: High Impact Doors
  • Entry Location: Foyer
  • Building Size: 2624
  • Square Feet: 2,263
  • Living Area: 2,263 Sq. Ft.
  • Year Built: 2026
  • Property Condition: New Construction

Lot Features

  • Property View: Water
  • Lot Size (Sq. Ft.): 7,000
  • Frontage: Bay
  • Frontage Feet: 52
  • Lot Features: Flood Zone Lot
  • Zoning: 100

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: Ocean Access, No Fixed Bridges

Financial Considerations

  • Price Per Sq. Ft.: $5,079.54
  • Assoc Fee Freq.: Annually
  • Tax Amount: $112,636
  • Tax Year: 2025
  • Terms: All Cash, Conventional

Disclosures and Reports

  • Legal Description: RIVIERA 1ST & 2ND ADDN AMD PB 32-37 LOT 17 & 20FT STRIP ADJ BLK 2 A LOT SIZE 50.000 X 140 OR 18146-2537 0698 1
  • Restrictions: Other Restrictions
  • Inclusions: Boatlock, Private Dock
  • Property ID: 02-42-05-002-0160

Listed by One Sotheby's International Realty

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— 253 N Coconut Ln —

  • One Sotheby's International Realty

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NMLS#: 1598647

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Be ready to buy your new home!

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NMLS#: 1598647

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Schools serving 253 N Coconut Ln

School District:Dade County School District
NameGradesDistance
South Pointe Elementary School
1050 4th Street, Miami Beach, FL 33139
PK-51.8 mi
Nautilus Middle School
4301 N Michigan Ave, Miami Beach, FL 33140
6-83 mi
Miami Beach Senior High School
2231 Prairie Avenue, Miami Beach, FL 33139
9-122.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 253 N Coconut Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/27/2026
Listed
$11,495,000
109%
MLS
4/18/2022
Sold
$5,500,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 253 N Coconut Ln

Year
Property Taxes
Change
Tax Assessment
Change
2025
$112,636
8%
$6,006,793
6%
2024
$104,025
12%
$5,658,450
19%
2023
$92,760
63%
$4,754,036
69%
2021
$56,745
-12%
$2,815,077
-23%
2022
$64,706
14%
$3,642,842
29%
2021
$56,745
—
$2,815,457
—
2019
$56,958
3%
$2,815,837
—
2018
$55,257
-12%
$2,816,207
-11%
2017
$62,789
8%
$3,160,095
9%
2016
$58,247
6%
$2,894,203
8%
2015
$54,718
321%
$2,684,403
347%
2014
$13,012
1%
$600,633
1%
2013
$12,842
—
$591,757
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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253 N Coconut Ln, Miami Beach, FL 33139 (MLS# A11972744) is a Single Family property with 4 bedrooms, 3 full bathrooms and 1 partial bathroom. 253 N Coconut Ln is currently listed for $11,495,000 and was received on February 27, 2026. Want to learn more about 253 N Coconut Ln? Do you have questions about finding other Single Family real estate for sale in Miami Beach? You can browse all Miami Beach real estate or contact a Coldwell Banker agent to request more information.

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