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
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.
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.