290 S Coconut Ln Miami Beach, FL 33139
Star, Palm and Hibiscus Islands NeighborhoodEstimated payment $127,909/month
Highlights
- Private Dock
- Property fronts an intracoastal waterway
- New Construction
- South Pointe Elementary School Rated 9+
- Media Room
- 1-minute walk to Palm Island Park
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 October 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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $108,042
Year Built
- Built in 2026 | New Construction
Lot Details
- 7,000 Sq Ft Lot
- 50 Ft Wide Lot
- Property fronts an intracoastal waterway
- Property Fronts a Bay or Harbor
- Southwest Facing Home
- Property is zoned 0100
Parking
- 2 Car Garage
- Electric Vehicle Home Charger
- Driveway
- Open Parking
Property Views
- Intracoastal
- Bay
Interior Spaces
- 7,660 Sq Ft Home
- Family Room
- Media Room
- Den
- Marble Flooring
- High Impact Door
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom Upstairs
- 5 Full Bathrooms
- Dual Sinks
- Separate Shower in Primary Bathroom
- Primary Bathroom includes a Walk-In Shower
Accessible Home Design
- Accessible Elevator Installed
Outdoor Features
- Heated Above Ground Pool
- Private Dock
Schools
- South Pointe Elementary School
- Nautilus Middle School
- Miami Beach High School
Utilities
- Cooling Available
- Central Heating
Listing and Financial Details
- Assessor Parcel Number 02-42-05-002-0630
Community Details
Overview
- No Home Owners Association
- Riviera 1St & 2Nd Addn Am Subdivision
- Maintained Community
Security
- Gated Community
Map
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 |
|---|---|---|---|---|---|
| 01/19/2026 01/19/26 | 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 | -25.0% | $1,376 / Sq Ft | View Prior Sale |
| 11/23/2022 11/23/22 | Pending | -- | -- | -- | |
| 10/04/2022 10/04/22 | For Sale | $7,199,000 | +33.3% | $1,835 / Sq Ft | |
| 10/03/2022 10/03/22 | Off Market | $5,400,000 | -- | -- | |
| 07/20/2022 07/20/22 | Price Changed | $7,199,000 | +2.9% | $1,835 / Sq Ft | |
| 07/14/2022 07/14/22 | Price Changed | $6,999,000 | -11.4% | $1,784 / Sq Ft | |
| 04/04/2022 04/04/22 | For Sale | $7,900,000 | +46.3% | $2,013 / Sq Ft | |
| 01/22/2022 01/22/22 | Off Market | $5,400,000 | -- | -- | |
| 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 |
Source: MIAMI REALTORS® MLS
MLS Number: A11948665
APN: 02-4205-002-0630
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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