RIVIERA 1ST & 2ND ADDN AM

297 N Coconut Ln, Miami Beach FL 33139

5 beds · 5.5 baths

For Sale · Active Listing

$29,900,000

7.17%

Est. Payment $159,140/mo

MLS Sheet Video

5

Bedrooms

5.5

Bathrooms

2025

Year Built

3

Garage

309

Days on Market

Description

Welcome to 297 Coconut Lane – a rare opportunity to own a brand-new masterpiece on Miami Beach’s exclusive Palm Island. Designed by renowned architect Ralph Choeff and meticulously built by Massimo Giordano, this stunning new construction offers a harmonious blend of tropical modernism and sophisticated luxury. This architectural gem spans over 5,000 of indoor space, featuring 4 bedrooms and 5 bathrooms, with expansive glass walls that blur the lines between indoor and outdoor living. Premium finishes, open-concept living areas, a chef’s kitchen with top-tier appliances, and spa-like baths define the essence of refined Miami living.

Facts

MLS#
A11816786
Subdivision
RIVIERA 1ST & 2ND ADDN AM
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
2025
Lot Size
8,667 ft²
Sq. Ft.
Sq. Mt.
Price per sq. ft.
Price per sq. mt.
Stories
Garage
3 spaces
Pool
Days on Market
309 days
Listed
Jun 10, 2025
Last Updated
Apr 15, 2026
Price/Lot Sq.Ft.
$3,450/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami Beach

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100
Buyers marketSellers market

45

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

4/15/2026Price change$29,900,000+7.2%
6/10/2025Listed for sale$27,900,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

297 N Coconut Ln, Miami Beach FL 33139Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$184,207/mo

Principal & Interest

$159,140

Property Tax

$24,917

Insurance

$150

HOA

$0

20% ($5,980,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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Updated within 24 hours

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