290 S Coconut Ln
Miami Beach, FL 33139
$21,950,000
$2,866/ft²
About this home
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.
Features
- Waterfront
Property details
Listing
- MLS #
- A11948665
- Status
- For sale
- Listed on
- Jan 19, 2026
- Days on market
- 203 days
- Listing data updated
- Jan 29, 2026
Interior
- Beds
- 5
- Baths
- 5
- Living area
- 7,660 ft²
- Price per ft²
- $2,866/ft²
Building & community
- Type
- Single-family home
- Year built
- 2026
- County
- Miami-Dade
Lot & exterior
- Lot size
- 7,000 ft²
- Waterfront
- Yes
Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.
True monthly cost
- Mortgage (principal & interest)
- $110,991
- Property taxes (est.)
- $20,121
- Home insurance (est.)
- $600
- Flood insurance (est.)
- —
Estimated total$131,712*/mo
* Some cost lines aren't available yet for this listing; the total shown is incomplete.
Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.
Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.
What will this home really cost you?
Location
Mortgage calculator
$110,991/moEstimated principal & interest. Taxes, insurance, and HOA are not included. This is an estimate, not a quote or financial advice.
This listing is courtesy of Haute Real Estate, Inc..
Seth Semilof · 646-599-2750 · seth@hlrealestategroup.com · 786-363-2917
Data deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
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