Home in 290 S Coconut Lane, Miami Beach, FL 33139 for sale with MLS# A11948665

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 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.

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Days on the market

290 S Coconut Lane, Miami Beach, FL 33139

Price
Price:
$21,950,000.00
Original List Price:
$21,950,000.00
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Property Type:
Single Family House
Description of Last Important Update:
New Listing
Last Major Update on:
January 20, 2026 12:11 am
Rooms Distribution
Bedrooms:
5
Bathrooms Total:
5
Full Bath:
5
Room Type:
Family Room, Den, Media Room
Rooms Total:
3
Master Bedroom Bath:
Master Bdrm - Upstairs, Separate Shower, Dual Sinks, Separate Tub
Measures
Living Area:
7,660 Sqft
Lot Size Acres:
0.16
Property Features
View from the Property:
Bay, Intracoastal
Waterfront:
Yes
Waterfront Features:
Bayfront, Intracoastal
Frontage Length:
50
Private Pool
Swimming Pool Features:
Heated, Above Ground
Appliances:
Dishwasher
Interior:
Elevator
Air Conditioning
Air Conditioning System:
Electric
Heating
Heating System:
Central
Boat and Dock Features:
Private Dock
Property Entrance Faces:
Southwest
Storm Protection Impact Glass:
Partial
Construction
Year Built:
2026
Roof:
Other
Levels:
Three Or More
Entry Level (floor):
1
Flooring:
Marble
Number of stories:
3
Flood Zone Code:
AE
Property Condition:
New Construction
Taxes and Expenses
Tax Annual Amount:
$108,042.00
Tax Year:
2026
Property Tax Details:
New Construction
Parking
Garage
Garage Spaces:
2
Covered Spaces:
2
Parking Features:
Driveway, Electric Vehicle Charging Station(s)
Utilities
Sewer:
Public Sewer
Water Source:
Public
Community
Amenities Provided by the Homeowner's Association (HOA):
Gated, Maintained Community
Subdivision Name:
RIVIERA 1ST & 2ND ADDN AM
Senior Community:
No
Restrictions:
No Restrictions
Community Dock
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax 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)
Real Estate Folio Number (Parcel Number):
0242050020630
Zoning:
0100
Public Schools Assigned
Elementary School:
Miami Beach South Pointe
High School:
Miami Beach
Middle Or Junior School:
Miami Beach Nautilus
Listing History
Active on the market since:
January 20, 2026
Listing Agreement executed on:
January 19, 2026
Listing Status Last Changed On:
January 20, 2026 12:11 am
Photos updated on:
January 29, 2026 3:53 pm
Last Modified:
July 9, 2026 6:12 am
Additional Information
Courtesy of:
Haute Real Estate, Inc.
Attribution:
Not provided
Location
Street Name:
Coconut
Street Number:
290
City:
Miami Beach
State:
Florida
Zip Code:
33139
County:
Miami-Dade
Latitude:
N25° 46' 52.4''
Longitude:
W81° 49' 57.4''
Street Suffix:
Lane
Street Direction Prefix:
S
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $63,368
Median Home Value $480,500
Median Rent $1,745/mo
Median Age 42
Population 34,406

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 70 Moderate
☀️ O3 25 Good
🫁 PM2.5 70 Moderate

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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.