Welcome to 297 Coconut Lane – a rare opportunity to own a brand-new masterpiece on Miami Beach’s exclusive Palm Island. Designed by renowned architect Ralph Choeff and meticulously built by Massimo Giordano, this stunning new construction offers a harmonious blend of tropical modernism and sophisticated luxury. This architectural gem spans over 5,000 of indoor space, featuring 4 bedrooms and 5 bathrooms, with expansive glass walls that blur the lines between indoor and outdoor living. Premium finishes, open-concept living areas, a chef’s kitchen with top-tier appliances, and spa-like baths define the essence of refined Miami living.
New construction
$29,900,000
297 N Coconut Ln, Miami Beach, FL 33139
5beds
--sqft
Single Family Residence
Built in 2025
8,667 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Spa-like bathsExpansive glass walls
- 451 days
- 502
- 13
Zillow last checked:
Listing updated:
Listed by:
Antonio Yunez 312-719-8668,
Fortune Christie's International Real Estate
Source: MIAMI,MLS#: A11816786
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Rooms
- Room types: Family Room
Heating
- Other
Cooling
- Other
Appliances
- Included: Other
Features
- Flooring: Other
Interior area
- Total structure area: 0
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Driveway
- Garage spaces: 3
- Has uncovered spaces: Yes
Features
- Stories: 2
- Entry location: First Floor Entry
- Exterior features: Balcony
- Has private pool: Yes
- Pool features: Heated
- Has view: Yes
- View description: Bay
- Has water view: Yes
- Water view: Bay
- Waterfront features: WF/Pool/No Ocean Access, Bay
- Frontage type: Bay/Harbor
- Frontage length: 0
Lot
- Size: 8,667 Square Feet
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 0242050020060
- Zoning: 0100
- Other equipment: Other
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- CBS Construction
- Roof: Other
Condition
- Under Construction
- New construction: Yes
- Year built: 2025
Utilities & green energy
- Sewer: Other
- Water: Municipal Water
Community & HOA
Community
- Features: Other Subdivision - See Remarks
- Subdivision: Riviera 1st & 2nd Addn Am
HOA
- Has HOA: No
Location
- Region: Miami Beach
Financial & listing details
- Tax assessed value: $6,933,600
- Annual tax amount: $97,618
- Date on market: 6/10/2025
- Listing terms: All Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/15/2026 | Price change | $29,900,000+7.2% |
Source:  MIAMI #A11816786 Report a problem | ||
| 6/10/2025 | Listed for sale | $27,900,000+588.9% |
Source: MIAMI #A11816786 Report a problem | ||
| 11/2/2022 | Listing removed | -- |
Source: Zillow Rental Network_1 Report a problem | ||
| 5/2/2022 | Listed for rent | $35,000+75% |
Source: Zillow Rental Network_1 #A11197665 Report a problem | ||
| 8/1/2020 | Listing removed | $19,999 |
Source: Fortune International Realty Brickell Inc #A10835995 Report a problem | ||
| 7/10/2020 | Price change | $19,999-33.3% |
Source: Fortune International Realty Brickell Inc #A10835995 Report a problem | ||
| 6/19/2020 | Listed for rent | $30,000 |
Source: Fortune International Realty Brickell Inc #A10835995 Report a problem | ||
| 5/20/2020 | Listing removed | $30,000 |
Source: Fortune International Realty Brickell Inc #A10835995 Report a problem | ||
| 3/19/2020 | Listed for rent | $30,000 |
Source: Fortune International Realty Brickell Inc #A10835995 Report a problem | ||
| 1/28/2020 | Sold | $4,050,000-11.9% |
Source: MIAMI #A10491354 Report a problem | ||
| 1/14/2020 | Pending sale | $4,595,000 |
Source: Cervera Real Estate Inc. #A10491354 Report a problem | ||
| 7/2/2018 | Listed for sale | $4,595,000-7.2% |
Source: Cervera Real Estate Inc. #A10491354 Report a problem | ||
| 5/25/2018 | Listing removed | $4,950,000 |
Source: Cervera Real Estate Inc. #A10264758 Report a problem | ||
| 5/8/2017 | Listed for sale | $4,950,000+16% |
Source: Cervera Real Estate Inc. #A10264758 Report a problem | ||
| 8/27/2015 | Sold | $4,269,000+17% |
Source: Public Record Report a problem | ||
| 3/13/2013 | Listing removed | $3,650,000 |
Source: Shelton and Stewart REALTORS #D1396999 Report a problem | ||
| 5/8/2010 | Listed for sale | $3,650,000 |
Source: SHELTON & ASSOC REALTORS INC #D1396999 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $105,572 +8.1% | $4,666,877 +9.9% |
| 2024 | $97,618 +5.1% | $4,245,505 +1.7% |
| 2023 | $92,837 +17.9% | $4,175,706 +10% |
| 2022 | $78,747 +14.1% | $3,796,097 +10% |
| 2021 | $69,023 +1.9% | $3,450,998 +1% |
| 2020 | $67,735 +2.1% | $3,416,077 +2.3% |
| 2019 | $66,311 +5% | $3,339,274 +1.9% |
| 2018 | $63,150 | $3,277,011 +2.1% |
| 2017 | $63,150 +0.3% | $3,209,610 +2.1% |
| 2016 | $62,955 +324.1% | $3,143,595 +341.1% |
| 2015 | $14,843 -2.1% | $712,646 +0.8% |
| 2014 | $15,163 +3.2% | $706,991 +1.5% |
| 2013 | $14,696 | $696,543 +1.7% |
| 2012 | $14,696 +2.1% | $684,900 +3% |
| 2011 | $14,395 -3.5% | $664,952 +1.5% |
| 2010 | $14,919 +9.1% | $655,126 +2.7% |
| 2009 | $13,669 +3.4% | $637,903 +7.5% |
| 2007 | $13,223 -10.2% | $593,205 |
| 2006 | $14,725 | -- |
| 2005 | $14,725 +2.6% | -- |
| 2004 | $14,356 +3% | -- |
| 2003 | $13,941 +1.5% | -- |
| 2002 | $13,736 | -- |
| 2001 | $13,736 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Palm Island
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