$11,495,000
253 N Coconut Lane
Miami Beach, FL 33139
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $11,495,000
- Price per sq ft
- $5,080
- Vs. nearby sales
- 186.8% above
- Days on market
- 214
This 4-bedroom single-family home in Riviera 1st & 2nd Addn Am is listed at $11,495,000, or $5,080 per square foot. It has been on the market for 214 days. The 3 most recent single-family home sales in the closings shown below sold at a median of $1,771 per square foot, so the asking price is 186.8% above what comparable homes here actually sold for.
Estimated monthly payment
$60,411 /mo
Principal and interest only, based on $2,299,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $11,495,000
- Days on Site
- 214 Days
- Bedrooms
- 4
- Total Baths
- 4
- Full Baths
- 3
- Partial Baths
- 1
- Living Area
- 2,263 sqft
- Total Sq Ft
- 3,775 sqft
- Lot Size
- 0.16 Acres
- Year Built
- 2026
- Property Type
- Single Family
- MLS #
- A11972744
- Property Tax
- $112,636 (2025)
- Subdivision
- RIVIERA 1ST & 2ND ADDN AM
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
Casa Bahia is a rare waterfront opportunity - Plans Included & Ready to Build - on the exclusive, guard-gated Palm Island, masterfully designed by Borges + Associates. Offered with the land and a full set of approved plans for a new 3,800 SF modern residence, this offering saves up to three years of design, review, and planning - allowing you to break ground immediately and be the first to enjoy this bespoke bayfront retreat. The thoughtfully curated floor plan features four bedrooms with ensuite baths, expansive light-filled living spaces, a chef’s kitchen, private elevator, and a rooftop terrace designed to capture sweeping water views over Biscayne Bay. Seamless indoor-outdoor living invites tranquil mornings by the water and vibrant sunset gatherings framed by Miami’s tropical skyline. Within Palm Island’s private enclave, residents enjoy an exclusive park with tennis courts, basketball, soccer field, and playground. Just minutes from South Beach, Brickell, Wynwood, and the Miami Design District, Casa Bahia offers effortless access to world-class dining, luxury shopping, cultural destinations, and premier boating - while preserving the privacy, security, and prestige of island living.
Virtual TourGeneral Features
- Property Type
- Single Family
- Status
- Active
- Year Built
- 2026
- Property Condition
- New Construction
- New Construction
- Yes
- Number of Stories
- 2
- Levels
- Two
- Garage Spaces
- 2
- Attached Garage
- Yes
- Parking
- Attached / Covered / Driveway / Garage / Garage Door Opener
- Direction Faces
- South
- Lot Size (Acres)
- 0.16
- Living Sq Ft
- 2,263
- Total Sq Ft
- 3,775
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 0100
Interior Features
- Appliances
- Dryer / Dishwasher / Gas Range / Microwave / Oven / Refrigerator / Washer
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Marble / Wood
- Interior Features
- Bidet / Built In Features / Dining Area / Separate Formal Dining Room / Dual Sinks / Entrance Foyer / Elevator / Family Dining Room / High Ceilings / Kitchen Island / Main Level Primary / Upper Level Primary / Walk In Closets
- Total Rooms
- 2
Exterior Features
- Construction
- Block
- Roof
- Concrete
- Exterior Features
- Barbecue / Lighting / Outdoor Living Area
- Private Pool
- Yes
- Pool Features
- In Ground
- Patio & Porch
- Patio
- Waterfront
- Yes
- Waterfront Features
- Bayfront / No Fixed Bridges / Ocean Access
- Frontage
- Waterfront
- Frontage Length
- 52.00 ft
- View
- Water
Community & HOA
- Association Amenities
- Gated / Other / Security / Tennis Courts
- Community Features
- Home Owners Association
- Security
- Security Guard
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Other Restrictions
- MLS Area
- 2320
Schools
- Elementary School
- Miami Beach South Pointe
- Middle School
- Miami Beach Nautilus
- High School
- Miami Beach
About the Community
Riviera 1st & 2nd Addn Am is a luxury waterfront, luxury community in Miami Beach, Miami-Dade County, Florida. Properties are priced from $7,000,000 to $29,900,000. Pure Equity lists homes in Riviera 1st & 2nd Addn Am and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 4
- Median List Price
- $16,722,500
- Median $/Sq Ft
- $2,866
- Avg Days on Market
- 243
Frequently Asked Questions
- How do I schedule a tour of 253 N Coconut Lane, Miami Beach, FL 33139?
- Use the Tour button on this listing to request a showing of 253 N Coconut Lane, Miami Beach, FL 33139. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 253 N Coconut Lane, Miami Beach, FL 33139 still available?
- 253 N Coconut Lane, Miami Beach, FL 33139 is currently listed as Active, and has been on the market 214 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 253 N Coconut Lane, Miami Beach, FL 33139?
- With 20% down ($2,299,000) on the $11,495,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 253 N Coconut Lane, Miami Beach, FL 33139 is about $60,411/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 253 N Coconut Lane, Miami Beach, FL 33139?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 253 N Coconut Lane, Miami Beach, FL 33139. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 253 N Coconut Lane, Miami Beach, FL 33139?
- 253 N Coconut Lane, Miami Beach, FL 33139 is zoned for Miami Beach South Pointe (elementary), Miami Beach Nautilus (middle), Miami Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 253 N Coconut Lane, Miami Beach, FL 33139?
- Often, yes. The right offer on 253 N Coconut Lane, Miami Beach, FL 33139 depends on how it's priced against comparable single family sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of One Sotheby's International Realty
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$11,495,000
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Listed by Jeffrey M Miller, One Sotheby's International Realty
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Recent Sales
Recently sold homes in Riviera 1st & 2nd Addn Am
These are the last 3 recorded closings in Riviera 1st & 2nd Addn Am, with the price each home actually sold for rather than what it was listed at. They closed at a median of $1,771 per square foot. The most recent closed on September 23, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$5,750,000
Sold · September 23, 2026
215 Palm Avenue
4 bed · 5.5 bath · 5,241 sqft · $1,097/sqft
$750,000 under the asking price
Sold$18,518,000
Sold · July 8, 2026
288 S Coconut Lane
8 bed · 9.5 bath · 9,094 sqft · $2,036/sqft
$4,481,000 under the asking price
Sold$5,450,000
Sold · May 13, 2026
291 Palm Avenue
4 bed · 4.5 bath · 3,077 sqft · $1,771/sqft
$145,000 under the asking price
See every recorded sale in Riviera 1st & 2nd Addn Am or find out what your Riviera 1st & 2nd Addn Am home is worth.
