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288 S Coconut LnMiami Beach, FL 33139

For Sale

$22,475,000

Smart Buyer Rebate $224,750

Experience luxury living in this exquisite 3-story waterfront estate, offering 100’ of prime water frontage on the prestigious, guard-gated Palm Island. Boasting 8 bedrooms, 9.5 baths, and a 4-car garage, this home offers ultimate comfort and style. Enjoy breathtaking views of the Miami skyline and beautiful sunsets from the expansive 5,000 SF rooftop terrace and multiple inviting living spaces. The ground level includes a spacious media room and game area while the outdoor space features a stunning pool, summer kitchen and a private dock that accommodates yachts up to 90' as well as a boat lift and floating jet ski dock. The home is complete with a private elevator and staff quarters. This is the epitome of elegance, exclusivity, and Miami’s vibrant waterfront lifestyle

Listed by Oliver Lloyd

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License #3441492

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Douglas Elliman

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917-733-5330

Last updated July 11, 2025

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Source: MIAMIRE #A11707854

Listing Facts

  • TypeSingle-family
  • NeighborhoodPalm Island
  • Bedrooms8
  • Bathrooms10
  • Days on Prevu260
  • Taxes$328,301/year
  • Size9,094 sqft
  • Price per sqft$2,471

Amenities

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

Location

Mortgage Calculator

Listing History

07/11/2025
Price Decreased
$22,475,000
06/10/2025
Price Decreased
$22,500,000
02/18/2025
Price Decreased
$24,400,000
12/20/2024
Listed by Douglas Elliman
$24,500,000

Property Details for 288 S Coconut Ln

Association

Amenities

  • Community Features: Public Road

Exterior

Construction

  • Roof: Concrete
  • Structure Type: House
  • Year Built: 2011
  • Year Built Details: Effective Year Built
  • Architectural Style: Attached, Three Or More Stories
  • Building Name: RIVIERA 1ST & 2ND ADDN AM
  • Construction Materials: Concrete Block Construction, CBS Construction, Slab Construction
  • Entry Location: Foyer
  • Exterior Features: Barbeque, Lighting, Open Balcony

Features

  • Direction Faces: Southwest
  • Fencing: Fenced
  • Patio And Porch Features: Deck, Open Balcony, Patio
  • Pool Features: Concrete, Heated
  • View: Bay, Other
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Measurements

  • Building Area Total: 16,737
  • Building Area Units: Square Feet
  • Frontage Length: 100
  • Frontage Type: Bay
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Lot Size Square Feet: 14,000
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 02-42-05-002-0631
  • Tax Annual Amount: $328,301.00
  • Tax Year: 2023

Interior

Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator
  • Flooring: Marble, Wood
  • Interior Features: Closet Cabinetry, Cooking Island, Elevator, Entrance Foyer, Walk-In Closet(s), Den/Library/Office, Family Room, Maid/In-Law Quarters

Measurements

  • Living Area: 9,094
  • Living Area Units: Square Feet

Rooms

  • Bathrooms Full: 9
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 10
  • Bedrooms Total: 8

Other

Location

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

Parking

Parking

  • Covered Spaces: 4
  • Garage Spaces: 4
  • Garage: Yes
  • Open Parking: Yes
  • Parking Features: Covered, Driveway

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Municipal Water

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.