RIVIERA 1ST & 2ND ADDN AM
290 S Coconut Ln, Miami Beach FL 33139
5 beds · 5 baths · 7,660 ft²
$21,950,000
Est. Payment $116,827/mo
5
Bedrooms
5
Bathrooms
7,660
Sq. Ft.
2026
Year Built
2
Garage
10
Days on Market
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 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.
Facts
- MLS#
- A11948665
- Subdivision
- RIVIERA 1ST & 2ND ADDN AM
- Property Type
- Residential
- Property Sub Type
- Single Family Residence
- Year Built
- 2026
- Lot Size
- 7,000 ft²
- Sq. Ft.
- 7,660 ft²
- Sq. Mt.
- 712 m²
- Price per sq. ft.
- $2,866/ft²
- Price per sq. mt.
- $30,829/m²
- Stories
- —
- Garage
- 2 spaces
- Pool
- —
- Days on Market
- 10 days
- Listed
- Jan 19, 2026
- Last Updated
- Jan 29, 2026
- Price/Lot Sq.Ft.
- $3,136/ft²
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Market insights for Miami Beach
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
May 2026
43
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).
| 1/19/2026 | Listed for sale | $21,950,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
American High School LLCKG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.4 mi
American High School6 · private · 0.4 mi
Peters Elementary SchoolPK,KG,1,2,3,4,5 · public · 0.7 mi
Spring Gate SchoolKG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.8 mi
Mizrahi Torah AcademyKG,1,2,3,4,5,6,7,8 · private · 0.8 mi
Plantation Middle School6,7,8 · public · 0.9 mi
Plantation Methodist PreschoolPK,KG · private · 0.9 mi
Renaissance Charter School at PlantationKG,1,2,3,4,5,6,7,8 · charter · 1.0 mi
Dickens Sanomi AcademyKG,1,2,3,4,5,6,7,8,9,10,11,12,UG · private · 1.0 mi
Our Savior Lutheran SchoolPK,KG,1,2,3,4,5,6,7,8 · private · 1.2 mi
Estimated Monthly Payment
$135,269/mo
Principal & Interest
$116,827
Property Tax
$18,292
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
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 and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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