290 S Coconut Ln Miami Beach, FL 33139
Star, Palm and Hibiscus Islands NeighborhoodEstimated payment $133,868/month
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 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.
Map
Home Details
Home Type
Single Family
Year Built
2026
Lot Details
6,970 Sq Ft Lot
Parking
2
Listing Details
- Prop. Type: Residential
- Property Sub Type: Single Family Residence
- Property Sub Type Additional: Single Family Residence
- Year Built: 2026
- MLS Status: Active
- Standard Status: Active
- Entry Level: 1
- Unit Levels: Three Or More
- New Construction: Yes
- DelayedMarketingYN: No
- Special Features: 4098
Interior Features
- Interior Amenities: Bathtub, Dual Sinks, Elevator, Soaking Tub, Separate Shower, Upper Level Primary
- Appliances: Dishwasher
- Full Bathrooms: 5
- Total Bedrooms: 5
- Flooring: Marble
- Living Area: 7660.0
- Stories: 3
Exterior Features
- View: Bay, Intercoastal
- Road Frontage Type: Waterfront
- Pool Features: Above Ground, Heated
- Pool Private: Yes
- View: Yes
- Waterfront Features: Bayfront, Intracoastal Access
- Waterfront: Yes
- Direction Faces: Southwest
- Property Condition: New Construction
- Roof: Other
Garage/Parking
- Covered Parking Spaces: 2.0
- Garage Spaces: 2.0
- Garage Yn: Yes
- Parking Features: Driveway, Electric Vehicle Charging Station(s)
Utilities
- Cooling: Electric
- Cooling Y N: Yes
- Heating: Central
- Heating Yn: Yes
- Sewer: Public Sewer
- Water Source: Public
Condo/Co-op/Association
- Senior Community: No
- Amenities: Gated, Maintenance
- Association: No
Schools
- Elementary School: Miami Beach South Pointe
- High School: Miami Beach
- Middle Or Junior School: Miami Beach Nautilus
Lot Info
- Parcel #: 0242050020630
- Lot Size Acres: 0.16
- Mobile Dim Units: Feet
- Zoning: 0100
Tax Info
- Tax Year: 2026
- Tax Annual Amount: 108042.0
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $108,042 | $5,600,000 | $5,600,000 | |
| 2024 | $84,936 | $4,774,000 | ||
| 2023 | $84,936 | $4,340,000 | $4,340,000 | $0 |
| 2022 | $64,083 | $3,255,000 | $3,255,000 | $0 |
| 2021 | $51,048 | $2,520,000 | $2,520,000 | $0 |
| 2020 | $51,177 | $2,520,000 | $2,520,000 | $0 |
| 2019 | $51,225 | $2,520,000 | $2,520,000 | $0 |
| 2018 | $47,103 | $2,520,000 | $2,520,000 | $0 |
| 2017 | $48,334 | $2,096,325 | $0 | $0 |
| 2016 | $44,570 | $1,905,750 | $0 | $0 |
| 2015 | $41,320 | $1,732,500 | $0 | $0 |
| 2014 | $33,625 | $1,575,000 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/20/2026 01/20/26 | For Sale | $21,950,000 | +174.4% | $2,866 / Sq Ft | |
| 09/11/2024 09/11/24 | Sold | $8,000,000 | -11.1% | $2,039 / Sq Ft | View Prior Sale |
| 08/20/2024 08/20/24 | Pending | -- | -- | -- | |
| 04/24/2024 04/24/24 | Price Changed | $9,000,000 | -17.4% | $2,294 / Sq Ft | |
| 11/22/2023 11/22/23 | For Sale | $10,900,000 | +101.9% | $2,778 / Sq Ft | |
| 12/07/2022 12/07/22 | Sold | $5,400,000 | -39.9% | $1,376 / Sq Ft | View Prior Sale |
| 11/21/2022 11/21/22 | Pending | -- | -- | -- | |
| 09/24/2021 09/24/21 | For Sale | $8,990,000 | -- | $2,291 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $8,000,000 | First American Title | |
| Warranty Deed | $5,400,000 | -- | |
| Warranty Deed | $4,350,000 | Attorney | |
| Deed | $4,500,000 | Attorney |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $6,400,000 | Construction |
Source: MIAMI REALTORS® MLS
MLS Number: A11948665
APN: 02-4205-002-0630
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