New Construction
$21,950,000

290 S Coconut Ln, Miami Beach FL 33139

5  beds
5  baths
7,660  sqft
Single Family Residence
Built in 2026
7,000 Square Feet lot
$2,866/sqft
10 days on market

About this property

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.

Interior Details

Bedrooms & bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 5

Heating & cooling

  • Heating: Central
  • Cooling: Electric

Features

  • Flooring: Marble
  • Window Features: Hurricane Shutters
  • Door Features: High Impact Doors

Extras

Property Details

Parking

  • Garage spaces: 2
  • Parking features: Driveway, Electric Vehicle Charging Station(s)

Features

  • Has water view: Yes
  • Waterfront features: WF/Pool/No Ocean Access, Intracoastal Front

Public Info

  • Lot Size: 7,000 Square Feet
  • Interior Livable Area: 7,660 sqft
  • Year Built: 2026
  • APN: 02-42-05-002-0630
  • County: Miami-Dade County

Tax Information

  • Annual Tax Amount: $108,042
  • Tax Year: 2026

Price History

1/29/2026 Listed for Sale
Source: Miami REALTORS®
$21,950,000
$2,865/sqft
9/27/2024 Sold
Source: Miami REALTORS®
$9,000,000
12/9/2022 Sold
Source: Miami REALTORS®
$7,199,000

Estimated Monthly Payment

Customize assumptions below to estimate your monthly cost.

Est.
$130,214
Principal & Interest $113,894
Property Taxes $9,004
Home Insurance $7,317
HOA Fees $0

Walk Score

Walk Score
15
Walk Score®
Car-Dependent
Transit Score
48
Transit Score®
Some Transit
Full Walk Score
Bike Score
36
Bike Score®
Somewhat Bikeable
Kevin McCarthy
Kevin McCarthy
Broker & Executive Director of Luxury Sales






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      By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from miamiforward.com and about your inquiry and other home-related matters, but not as a condition of any purchase.