Waterfront - New Construction
Address
290 S Coconut Ln, Miami Beach, FL
Price
$ 21,950,000
Property Attributes
- MLS#A11948665
- TypeSingle Family
- Listing Status Active
- CountyMiami-Dade
- CityMiami Beach
- Area42
- NeighborhoodRIVIERA 1ST & 2ND ADDN AM
- Zip33139
- Style
- Year Built2026
- Taxes$ 108042
- Price$ 21,950,000
- Bedrooms5
- Full Bathrooms5
- Half Bathrooms0
- Sqr Footage7660
Data Source:
Southeast Florida MLS (SEFMLS)
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 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.
| Elementary School | Middle School | High School |
|---|---|---|
| South Pointe Elementary School | Nautilus Middle School | Miami Beach High School |
| Price History | |
|---|---|
| 1/20/2026 | Listed $21,950,000 |
General Features
| 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 |
| 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 |
| Virtual Tour | https://www.propertypanorama.com/instaview/mia/A11948665 |
| Standard Status | Active |
| Occupancy Type | Vacant |
| Property Sub Type Additional | Single Family Residence |
| PostalCity | Miami Beach |
| 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) |
Interior Features
| 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 |
| LivingAreaSource | Builder |
| Total Baths | 5 |
Exterior Features
| 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 |
| Frontage Length | 50 |
| Private Pool | true |
| Waterfront Y/N | true |
| Covered Spaces | 2 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 33139
Price
Taxes
Year Built
In The Neighborhood
Water Views
Miami Beach
$ 4,250,000
288 Palm Ave
Miami Beach, FL 33139
- Type
- Single Family
- Size
- 2,022 SqFt
- Rooms
- 3 Beds + 2.5 Baths
Reduced
Miami Beach
$ 6,500,000
215 Palm Ave
Miami Beach, FL 33139
- Type
- Single Family
- Size
- 5,241 SqFt
- Rooms
- 4 Beds + 5.5 Baths
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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.
Updated on September 17, 2026 1:23 AM UTC
Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.
Data Last Updated: September 17, 2026 2:36 AM UTC
