This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/12
$21,950,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/12
Property Description
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.
Full Property Details
Full Property Details for 290 S Coconut Ln
General
- Price: $21,950,000
- Taxes: $108,042 (2026)
- Status: Active
- Type: Single Family
- Source: Greater_Miami
- MLS ID: A11948665
- Updated: 1/20/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: First Floor Entry, Elevator, Den/Library/Office, Family Room, Media Room
- Appliances: Dishwasher
- Flooring: Marble
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
- Primary Bathroom: Dual Sinks, Separate Tub & Shower
Bedrooms
- Total Bedrooms: 5
- Bedroom Features: Primary Bath Shower, Primary Bedroom Upstairs
Other Rooms
- Living Room: Den/Library/Office, Family Sq. Ft.
Additional Information
- Pool: Yes
- Pool Description: Above Ground, Heated, 20
- Equipment: Elevator
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Driveway, Electric Vehicle Charging Station(s)
Location
- Area: Riviera 1st & 2nd Addn Am
- County: Miami-Dade County
- Subdivision: RIVIERA 1ST & 2ND ADDN AM
- Building Name: RIVIERA 1ST & 2ND ADDN AM
- Direction Faces: Southwest
School Information
- Elementary School: South Pointe
- Middle School: Nautilus
- High School: Miami Beach
Community
- Community Name: Riviera 1st & 2nd Addn Am
- Gated community: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Attached, Three Or More Stories
- Structure Type: House
- Detached/Attached: Detached
- Roof: Other
- Windows: Hurricane Shutters
- Doors: High Impact Doors
- Square Feet: 7,660
- Sq. Ft. Source: Developer
- Living Area: 7,660 Sq. Ft.
- Year Built: 2026
- Property Condition: New Construction
Lot Features
- Property View: Bay, Intracoastal View
- Lot Size (Sq. Ft.): 7,000
- Frontage: Bay
- Frontage Feet: 50
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 100
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: WF/Pool/No Ocean Access, Intracoastal Front
Financial Considerations
- Price Per Sq. Ft.: $2,865.54
- Tax Amount: $108,042
- Tax Year: 2026
- Terms: All Cash, Conventional
Disclosures and Reports
- 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)
- Restrictions: No Restrictions
- Inclusions: Private Dock
- Property ID: 02-42-05-002-0630
Listed by Haute Real Estate, Inc.
Get Pre-Approved Today
Schools
Schools serving 290 S Coconut Ln
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
South Pointe Elementary School 1050 4th Street, Miami Beach, FL 33139 | PK-5 | 1.8 mi |
Nautilus Middle School 4301 N Michigan Ave, Miami Beach, FL 33140 | 6-8 | 3.1 mi |
Miami Beach Senior High School 2231 Prairie Avenue, Miami Beach, FL 33139 | 9-12 | 2.4 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 290 S Coconut Ln
Date
Details
Price
Change
Source
1/19/2026
Listed
$21,950,000
2643.75%
MLS
9/11/2024
Sold
$800,000
—
Public Record
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
Tax History for 290 S Coconut Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$95,777
13%
$5,250,000
21%
2023
$84,936
33%
$4,340,000
33%
2022
$64,083
26%
$3,255,000
29%
2021
$51,048
—
$2,520,000
—
2019
$51,225
9%
$2,520,000
9%
2018
$47,103
-3%
$2,305,957
-21%
2017
$48,334
8%
$2,926,000
54%
2016
$44,570
8%
$1,905,750
10%
2015
$41,320
23%
$1,732,500
10%
2014
$33,625
21%
$1,575,000
30%
2013
$27,763
—
$1,211,210
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 290 S Coconut Ln
290 S Coconut Ln, Miami Beach, FL 33139 (MLS# A11948665) is a Single Family property with 5 bedrooms and 5 full bathrooms. 290 S Coconut Ln is currently listed for $21,950,000 and was received on January 19, 2026. Want to learn more about 290 S 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.

