$18,518,000
Sold · July 8, 2026
288 S Coconut Lane
Miami Beach, FL 33139
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $18,518,000
- Vs. list price
- 19.5% under
- Days on market
- 122
- Price per sq ft
- $2,036
This 8-bedroom single-family home in Riviera 1st & 2nd Addn Am sold for $18,518,000 on July 8, 2026. That was 19.5% below its final list price of $22,999,000. It first came on the market at $24,000,000, so the price was adjusted before it sold. It spent 122 days on the market.
Listing Snapshot
- Sold Price
- $18,518,000
- Sold On
- July 8, 2026
- Days on Site
- 122 Days
- Bedrooms
- 8
- Total Baths
- 10
- Full Baths
- 9
- Partial Baths
- 1
- Living Area
- 9,094 sqft
- Total Sq Ft
- 16,737 sqft
- Lot Size
- 0.32 Acres
- Year Built
- 2011
- Property Type
- Single Family
- MLS #
- A11924923
- Property Tax
- $330,301 (2024)
- Subdivision
- RIVIERA 1ST & 2ND ADDN AM
- County
- Miami Dade
- Status
- Sold
About This Property
Experience luxury living in this exquisite 3-story waterfront estate, offering 100’ of prime water frontage on the prestigious, guard-gated Palm Island. Boasting 8 bedrooms, 9.5 baths, and a 4-car garage, this home offers ultimate comfort and style. Enjoy breathtaking views of the Miami skyline and beautiful sunsets from the expansive 5,000 SF rooftop terrace and multiple inviting living spaces. The ground level includes a spacious media room and game area while the outdoor space features a stunning pool, summer kitchen and a private dock that accommodates yachts up to 90' as well as a boat lift and floating jet ski dock. The home is complete with a private elevator and staff quarters. This is the epitome of elegance, exclusivity, and Miami’s vibrant waterfront lifestyle
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Sold
- Year Built
- 2011
- Number of Stories
- 3
- Levels
- Three Or More
- Garage Spaces
- 4
- Parking
- Covered / Driveway
- Direction Faces
- Southwest
- Lot Size (Acres)
- 0.32
- Living Sq Ft
- 9,094
- Total Sq Ft
- 16,737
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 0100
Interior Features
- Appliances
- Dryer / Dishwasher / Disposal / Microwave / Refrigerator
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Marble / Wood
- Interior Features
- Bathtub / Closet Cabinetry / Dual Sinks / Entrance Foyer / Elevator / Kitchen Island / Kitchen Dining Combo / Living Dining Room / Main Level Primary / Soaking Tub / Separate Shower / Tub Shower / Upper Level Primary / Walk In Closets
- Total Rooms
- 4
Exterior Features
- Construction
- Block
- Roof
- Concrete
- Exterior Features
- Balcony / Barbecue / Lighting / Outdoor Living Area
- Private Pool
- Yes
- Pool Features
- Concrete / Heated
- Patio & Porch
- Deck / Open / Patio / Balcony
- Lot Features
- Quarter To Half Acre Lot
- Waterfront
- Yes
- Waterfront Features
- Bayfront
- Frontage
- Waterfront
- Frontage Length
- 100.00 ft
- View
- Bay / Other
Community & HOA
- Security
- Fire Alarm
- Financing Terms
- Cash / Conventional
- Restrictions
- No Restrictions
- MLS Area
- 2420
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
- 3
- Under Contract
- 0
- Median List Price
- $11,495,000
- Median $/Sq Ft
- $3,591
- Avg Days on Market
- 246
Frequently Asked Questions
- How do I schedule a tour of 288 S Coconut Lane, Miami Beach, FL 33139?
- Use the Tour button on this listing to request a showing of 288 S 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 288 S Coconut Lane, Miami Beach, FL 33139 still available?
- 288 S Coconut Lane, Miami Beach, FL 33139 is currently listed as Sold, and has been on the market 122 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 288 S Coconut Lane, Miami Beach, FL 33139?
- With 20% down ($4,599,800) on the $22,999,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 288 S Coconut Lane, Miami Beach, FL 33139 is about $120,870/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 288 S 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 288 S 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 288 S Coconut Lane, Miami Beach, FL 33139?
- 288 S 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 288 S Coconut Lane, Miami Beach, FL 33139?
- Often, yes. The right offer on 288 S 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 Douglas Elliman
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 July 1, 2026.
$18,518,000
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Listed by Oliver Morris Lloyd, Douglas Elliman
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Recent Sales
Recently sold homes in Riviera 1st & 2nd Addn Am
These are the last 2 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$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.
