$21,950,000
290 S 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
- $21,950,000
- Price per sq ft
- $2,866
- Original price
- Unchanged
- Days on market
- 247
This 5-bedroom single-family home in Riviera 1st & 2nd Addn Am is listed at $21,950,000, or $2,866 per square foot. It has been on the market for 247 days.
Estimated monthly payment
$115,357 /mo
Principal and interest only, based on $4,390,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $21,950,000
- Days on Site
- 247 Days
- Bedrooms
- 5
- Total Baths
- 5
- Full Baths
- 5
- Living Area
- 7,660 sqft
- Lot Size
- 0.16 Acres
- Year Built
- 2026
- Property Type
- Single Family
- MLS #
- A11948665
- Property Tax
- $108,042 (2026)
- Subdivision
- RIVIERA 1ST & 2ND ADDN AM
- County
- Miami Dade
- Status
- Active
About This Property
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 December 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.
Virtual TourGeneral Features
- Property Type
- Single Family
- Status
- Active
- Year Built
- 2026
- Property Condition
- New Construction
- New Construction
- Yes
- Number of Stories
- 3
- Levels
- Three Or More
- Garage Spaces
- 2
- Parking
- Driveway / Electric Vehicle Charging Stations
- Direction Faces
- Southwest
- Lot Size (Acres)
- 0.16
- Living Sq Ft
- 7,660
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 0100
Interior Features
- Appliances
- Dishwasher
- Cooling
- Electric
- Heating
- Central
- Flooring
- Marble
- Interior Features
- Bathtub / Dual Sinks / Elevator / Soaking Tub / Separate Shower / Upper Level Primary
Exterior Features
- Roof
- Other
- Private Pool
- Yes
- Pool Features
- Above Ground / Heated
- Waterfront
- Yes
- Waterfront Features
- Bayfront / Intracoastal Access
- Frontage
- Waterfront
- Frontage Length
- 50.00 ft
- View
- Bay / Intercoastal
Community & HOA
- Association Amenities
- Gated / Maintenance
- 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
- 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 290 S Coconut Lane, Miami Beach, FL 33139?
- Use the Tour button on this listing to request a showing of 290 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 290 S Coconut Lane, Miami Beach, FL 33139 still available?
- 290 S Coconut Lane, Miami Beach, FL 33139 is currently listed as Active, and has been on the market 247 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 290 S Coconut Lane, Miami Beach, FL 33139?
- With 20% down ($4,390,000) on the $21,950,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 290 S Coconut Lane, Miami Beach, FL 33139 is about $115,357/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 290 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 290 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 290 S Coconut Lane, Miami Beach, FL 33139?
- 290 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 290 S Coconut Lane, Miami Beach, FL 33139?
- Often, yes. The right offer on 290 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 Haute Real Estate, Inc.
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.
$21,950,000
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Listed by Seth Allan Semilof, Haute Real Estate, Inc.
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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.
