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253 N Coconut LnMiami Beach, FL 33139

For Sale

$11,495,000

Smart Buyer Rebate $114,950

Casa Bahia is a rare waterfront opportunity - Plans Included & Ready to Build - on the exclusive, guard-gated Palm Island, masterfully designed by Borges + Associates. Offered with the land and a full set of approved plans for a new 3,800 SF modern residence, this offering saves up to three years of design, review, and planning - allowing you to break ground immediately and be the first to enjoy this bespoke bayfront retreat. The thoughtfully curated floor plan features four bedrooms with ensuite baths, expansive light-filled living spaces, a chef’s kitchen, private elevator, and a rooftop terrace designed to capture sweeping water views over Biscayne Bay. Seamless indoor-outdoor living invites tranquil mornings by the water and vibrant sunset gatherings framed by Miami’s tropical skyline. Within Palm Island’s private enclave, residents enjoy an exclusive park with tennis courts, basketball, soccer field, and playground. Just minutes from South Beach, Brickell, Wynwood, and the Miami Design District, Casa Bahia offers effortless access to world-class dining, luxury shopping, cultural destinations, and premier boating - while preserving the privacy, security, and prestige of island living.

Listed by Jeffrey Miller

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License #3173481

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One Sotheby's International Realty

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305-610-4509

Last updated March 05, 2026

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Source: MIAMIRE #A11972744

Listing Facts

  • TypeSingle-family
  • NeighborhoodPalm Island
  • Bedrooms4
  • Bathrooms4
  • Days on Prevu18
  • Taxes$112,636/year
  • Size2,263 sqft
  • Price per sqft$5,080

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Washer/Dryer
  • Pets Allowed
  • Air Conditioning
  • Elevator
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

02/27/2026
Listed by One Sotheby's International Realty
$11,495,000

Property Details for 253 N Coconut Ln

Association

Amenities

  • Community Features: Additional Amenities, Tennis Court(s), Gated Community, Security Patrol

Exterior

Construction

  • New Construction: Yes
  • Property Condition: New Construction
  • Roof: Concrete
  • Structure Type: House
  • Window Features: Complete Impact Glass, Impact Glass
  • Year Built: 2026
  • Year Built Details: New Construction
  • Architectural Style: Attached, Two Story
  • Building Name: RIVIERA 1ST & 2ND ADDN AM
  • Construction Materials: Concrete Block Construction, CBS Construction, Elevated Construction
  • Entry Location: Foyer
  • Exterior Features: Barbeque, Lighting

Features

  • Direction Faces: South
  • Patio And Porch Features: Patio
  • Pool Features: In Ground
  • View: Water
  • Waterfront Features: Ocean Access, No Fixed Bridges
  • Waterfront: Yes

Measurements

  • Building Area Total: 3,775
  • Building Area Units: Square Feet
  • Frontage Length: 52
  • Frontage Type: Bay
  • Lot Features: Flood Zone Lot
  • Lot Size Square Feet: 7,000
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 02-42-05-002-0160
  • Tax Annual Amount: $112,636.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Dishwasher, Dryer, Microwave, Gas Range, Refrigerator, Wall Oven, Washer
  • Flooring: Marble, Wood
  • Interior Features: First Floor Entry, Built-in Features, Cooking Island, Elevator, Entrance Foyer, Volume Ceilings, Walk-In Closet(s), Family Room, Great Room

Measurements

  • Living Area: 2,263
  • Living Area Units: Square Feet

Rooms

  • Bathrooms Full: 3
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 4

Other

Location

  • Subdivision Name: RIVIERA 1ST & 2ND ADDN AM

Parking

Parking

  • Attached Garage: Yes
  • Covered Spaces: 2
  • Garage Spaces: 2
  • Garage: Yes
  • Open Parking: Yes
  • Parking Features: Covered, Driveway

Schools

Elementary School

  • Elementary School: South Pointe

High School

  • High School: Miami Beach

Middle or Junior School

  • Middle Or Junior School: Nautilus

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Other Equipment: Generator Hookup, Automatic Garage Door Opener, Elevator
  • Sewer: Public Sewer
  • Water Source: Municipal Water

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 4 bedrooms and 4 bathrooms in this single-family home at 253 N Coconut Ln.

What schools are nearby to 253 N Coconut Ln?

Nearby schools include the South Pointe Elementary School, Nautilus Middle School, and Miami Beach High School.

Does this single-family home have parking?

Yes, there are 2 parking spaces available for 253 N Coconut Ln.

What are the annual taxes for 253 N Coconut Ln?

Annual taxes for this single-family home are estimated at $112,636.

How does 253 N Coconut Ln compare to other single-family homes in Palm Island?

This single-family home is listed 68% below the average price for single-family homes in Palm Island and has been on the market for 165 less days than the typical home in this area.

What building or home owners association is the single-family home part of?

This single-family home is in the RIVIERA 1ST & 2ND ADDN AM building.

What is the square footage on this single-family home?

According to the MLS, this listing is 2,263 sqft.

253 N Coconut Ln is a 4-bedroom, 4-bath single-family home for sale in Miami Beach FL 33139. On Prevu for 18 days at $11,495,000. This residence features 2,263 square feet of living space, located in Palm Island. The median listing price for single-family homes in this area is $24,400,000. Nearby schools include South Pointe Elementary School, Nautilus Middle School, and Miami Beach High School. Property amenities include private outdoor space, dishwasher, pets allowed, elevator, air conditioning, parking, swimming pool, and washer/dryer. Explore more single-family home listings in Miami Beach.

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.