$29,900,000
297 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
- $29,900,000
- Price per sq ft
- N/A
- Original price
- Unchanged
- Days on market
- 470
This 5-bedroom single-family home in Riviera 1st & 2nd Addn Am is listed at $29,900,000. It has been on the market for 470 days.
Estimated monthly payment
$157,137 /mo
Principal and interest only, based on $5,980,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $29,900,000
- Days on Site
- 470 Days
- Bedrooms
- 5
- Total Baths
- 6
- Full Baths
- 5
- Partial Baths
- 1
- Lot Size
- 0.2 Acres
- Year Built
- 2025
- Property Type
- Single Family
- MLS #
- A11816786
- Property Tax
- $97,618 (2024)
- Subdivision
- RIVIERA 1ST & 2ND ADDN AM
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
Welcome to 297 Coconut Lane – a rare opportunity to own a brand-new masterpiece on Miami Beach’s exclusive Palm Island. Designed by renowned architect Ralph Choeff and meticulously built by Massimo Giordano, this stunning new construction offers a harmonious blend of tropical modernism and sophisticated luxury.This architectural gem spans over 5,000 of indoor space, featuring 4 bedrooms and 5 bathrooms, with expansive glass walls that blur the lines between indoor and outdoor living. Premium finishes, open-concept living areas, a chef’s kitchen with top-tier appliances, and spa-like baths define the essence of refined Miami living. The outdoor oasis includes a resort-style pool, summer kitchen, rooftop terrace, and 80+ ft of water frontage with direct ocean access – perfect for boating enthusiasts. Enjoy unobstructed views of Biscayne Bay and the Miami skyline. A true trophy property on one of Miami Beach’s most prestigious islands – modern elegance, world-class design, and an unparalleled location.
Virtual TourGeneral Features
- Property Type
- Single Family
- Status
- Active
- Year Built
- 2025
- Property Condition
- Under Construction
- Number of Stories
- 2
- Levels
- Two
- Garage Spaces
- 3
- Parking
- Driveway
- Direction Faces
- East
- Lot Size (Acres)
- 0.2
- Water Source
- Public
- Zoning
- 0100
Interior Features
- Cooling
- Other
- Heating
- Other
- Flooring
- Other
- Interior Features
- Bedroom On Main Level
Exterior Features
- Construction
- Block
- Roof
- Other
- Exterior Features
- Balcony / Outdoor Living Area
- Private Pool
- Yes
- Pool Features
- Heated
- Patio & Porch
- Open / Balcony
- Waterfront
- Yes
- Waterfront Features
- Bayfront / Other
- Frontage Length
- 0.00 ft
- View
- Bay
Community & HOA
- Association Amenities
- Other
- Utilities
- Sewer Available
- 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
- 244
Frequently Asked Questions
- How do I schedule a tour of 297 N Coconut Lane, Miami Beach, FL 33139?
- Use the Tour button on this listing to request a showing of 297 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 297 N Coconut Lane, Miami Beach, FL 33139 still available?
- 297 N Coconut Lane, Miami Beach, FL 33139 is currently listed as Active, and has been on the market 470 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 297 N Coconut Lane, Miami Beach, FL 33139?
- With 20% down ($5,980,000) on the $29,900,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 297 N Coconut Lane, Miami Beach, FL 33139 is about $157,137/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 297 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 297 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 297 N Coconut Lane, Miami Beach, FL 33139?
- 297 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 297 N Coconut Lane, Miami Beach, FL 33139?
- Often, yes. The right offer on 297 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 Fortune Christie's International Real Estate
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.
$29,900,000
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Listed by Antonio S Yunez, Fortune Christie's International Real Estate
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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.
