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Sold for $18,518,000
  • $18,518,000

    288 S Coconut Ln, Miami Beach, FL 33139

    8beds
    9,094sqft
    Single Family Residence
    Built in 2011
    0.32 Acres Lot
    $18,513,300 Zestimate®
    $2,036/sqft
    $113,440 Estimated rent

    Home value

    $18,513,300

    $16.29M - $21.11M

    $113,440/mo

    Zestimate® history
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    What's special

    Boat liftPrivate elevatorSummer kitchenStunning poolMultiple inviting living spacesSpacious media roomGame area
    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

    Zillow last checked:

    Listing updated:

    Listed by:

    Oliver Lloyd 917-733-5330,

    Douglas Elliman

    Bought with:

    Dina Goldentayer, 3116846

    Douglas Elliman

    Source: MIAMI,MLS#: A11924923MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 10
    • Full bathrooms: 9
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Den/Library/Office, Family Room, Recreation Room
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator
    Features
    • Closet Cabinetry, Kitchen Island, Elevator, Entrance Foyer, Walk-In Closet(s), Maid/In-Law Quarters
    • Flooring: Marble, Wood
    Interior area
    • Total structure area: 16,737
    • Total interior livable area: 9,094 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Covered, Driveway
    • Garage spaces: 4
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Accessible Elevator Installed
    Features
    • Levels: Three Or More
    • Entry location: Foyer
    • Patio & porch: Deck, Patio
    • Exterior features: Barbecue, Lighting, Balcony
    • Has private pool: Yes
    • Pool features: Concrete, Heated
    • Fencing: Fenced
    • Has view: Yes
    • View description: Bay, Other
    • Has water view: Yes
    • Water view: Bay
    • Waterfront features: Ocean Access, WF/Pool/Ocean Access, Bay
    • Frontage type: Bay/Harbor
    • Frontage length: 100
    Lot
    • Size: 0.32 Acres
    • Features: 1/4 To Less Than 1/2 Acre Lot
    Details
    • Parcel number: 0242050020631
    • Zoning: 0100

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Concrete Block Construction, CBS Construction
    • Foundation: Slab
    • Roof: Concrete
    Condition
    • Year built: 2011

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Municipal Water

    Community & HOA

    Community
    • Security: Fire Alarm
    • Subdivision: Riviera 1st & 2nd Addn Am
    HOA
    • Has HOA: No
    Location
    • Region: Miami Beach

    Financial & listing details

    • Price per square foot: $2,036/sqft
    • Tax assessed value: $17,447,386
    • Annual tax amount: $330,301
    • Date on market: 1/9/2026
    • Listing terms: All Cash,Conventional

    Price history

    DateEventPrice
    7/8/2026Sold$18,518,000-19.5%$2,036/sqft
    Source: MIAMI #A11924923 Report a problem
    5/14/2026Pending sale$22,999,000$2,529/sqft
    Source: MIAMI #A11924923 Report a problem
    5/8/2026Price change$22,999,000-2.1%$2,529/sqft
    Source: MIAMI #A11924923 Report a problem
    4/16/2026Price change$23,499,000-3.1%$2,584/sqft
    Source: MIAMI #A11924923 Report a problem
    2/20/2026Price change$24,250,000+1%$2,667/sqft
    Source: MIAMI #A11924923 Report a problem
    1/9/2026Listed for sale$24,000,000+7.1%$2,639/sqft
    Source: MIAMI #A11924923 Report a problem
    11/25/2025Listing removed$22,399,000$2,463/sqft
    Source: Douglas Elliman #A11707854 Report a problem
    10/8/2025Price change$22,399,000-0.3%$2,463/sqft
    Source: MIAMI #A11707854 Report a problem
    7/11/2025Price change$22,475,000-0.1%$2,471/sqft
    Source: MIAMI #A11707854 Report a problem
    6/10/2025Price change$22,500,000-7.8%$2,474/sqft
    Source: MIAMI #A11707854 Report a problem
    2/18/2025Price change$24,400,000-0.4%$2,683/sqft
    Source: MIAMI #A11707854 Report a problem
    12/20/2024Listed for sale$24,500,000+11.4%$2,694/sqft
    Source: MIAMI #A11707854 Report a problem
    11/19/2024Sold$22,000,000+22.2%$2,419/sqft
    Source: Public Record Report a problem
    8/4/2021Sold$18,000,000-9.5%$1,979/sqft
    Source: MIAMI #A10978063 Report a problem
    6/7/2021Pending sale$19,900,000$2,188/sqft
    Source: MIAMI #A10978063 Report a problem
    4/1/2021Price change$19,900,000-4.8%$2,188/sqft
    Source: MIAMI #A10978063 Report a problem
    1/13/2021Price change$20,900,000-4.1%$2,298/sqft
    Source: Douglas Elliman #A10978063 Report a problem
    8/31/2020Listed for sale$21,800,000$2,397/sqft
    Source: Douglas Elliman #A10919253 Report a problem
    9/17/2016Listing removed$21,800,000$2,397/sqft
    Source: Douglas Elliman #A10053780 Report a problem
    3/22/2016Listed for sale$21,800,000+707.4%$2,397/sqft
    Source: Douglas Elliman #A10053780 Report a problem
    5/19/2009Sold$2,700,000-26.8%$297/sqft
    Source: Public Record Report a problem
    10/14/2008Price change$3,690,000-10%$406/sqft
    Source: NRT Florida #M1079888 Report a problem
    6/20/2008Listed for sale$4,100,000+105%$451/sqft
    Source: NRT Florida #M1079888 Report a problem
    2/10/2003Sold$2,000,000+263.6%$220/sqft
    Source: Public Record Report a problem
    12/24/1996Sold$550,000$60/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$330,301 +0.6%$17,447,386 +0.8%
    2024$328,301 +3.5%$17,315,268 +5.4%
    2023$317,171 +11.8%$16,432,593 +10%
    2022$283,612 +226%$14,938,721 +237.8%
    2021$86,995 +1.1%$4,422,685 +1.4%
    2020$86,041 +2.2%$4,361,623 +2.3%
    2019$84,222 +5%$4,263,562 +1.9%
    2018$80,207 $4,184,065 +2.1%
    2017$80,207 +0.4%$4,098,007 +2.1%
    2016$79,872 +0.2%$4,013,719 +0.7%
    2015$79,702 -1.8%$3,985,819 +0.8%
    2014$81,147 +2.6%$3,954,186 +1.5%
    2013$79,100 0%$3,895,750 +1.7%
    2012$79,100 +55.7%$3,830,630 +71%
    2010$50,817 -23.8%$2,240,767 -29.4%
    2009$66,664 -13.8%$3,173,358 -15.8%
    2007$77,321 +79.7%$3,770,330
    2006$43,024 --
    2005$43,024 -5.3%--
    2004$45,411 +125.1%--
    2003$20,169 +2.8%--
    2002$19,620 -0.6%--
    2001$19,736 --
    Find assessor info on the county website

    Neighborhood: Palm Island

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: South Pointe
    • Middle: Nautilus
    • High: Miami Beach

    Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $18,513,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $18,513,300