290 S Coconut Ln, Miami Beach FL 33139, MIAMI BEACH, FL, 33139
Active208 days on marketListed Jan 19, 2026MLS #A11948665
About this home
290 S Coconut Ln, Miami Beach FL 33139
Brand-new waterfront architectural masterpiece under construction on exclusive, gated Palm Island. Designed by renowned architect Choeff Levy Fischman, this three-story modern estate with rooftop living is scheduled for completion in October 2026 and offers unobstructed Downtown Miami skyline views. Thoughtfully designed for seamless indoor-outdoor living, the home features expansive waterfront terraces, a resort-style pool with integrated waterfall, and a dramatic rooftop entertainment level ideal for hosting and relaxation. A private dock and brand-new seawall provide direct ocean access for boating and water activities. Interiors by Casa Bella Design showcase refined modern elegance with porcelain surfaces by Porcelanosa, luxury fixtures by Dornbracht, Waterworks, Axor, and Toto, a gourmet chef’s kitchen by Ornare, custom millwork, and bespoke closets throughout. The residence includes a fully automated smart-home system with Lutron lighting, enhancing comfort, security, and ambiance. Additional features include an enclosed two-car garage and dedicated space for motorbikes and bicycles. Palm Island is a 24-hour guard-gated community offering tennis and basketball courts, a children’s playground, and close proximity to Downtown Miami, South Beach, and Coconut Grove.
Facts & features
The home at a glance
5
Bedrooms
5
Bathrooms
7,660
Sqft
2
Garage
2026
Year built
$2,866
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$135,836 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$135,836/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Miami Beach actives
$2,866 vs $728
Days on market
208 vs 91 typical
Where $2,866/sqft sits among the 394 Miami Beach actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Palm Island
Get to know Miami Beach. See the full Miami Beach guide →
Palm Island — neighborhood snapshot
Population
319
Median age
35
Median income
$249,028
Median home value
$2,000,000
Avg household
3
Households w/ children
44%
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Miami Beach market
$285K → $525K
Miami Beach median sold, yr/yr
95.1%
Sale-to-list ratio (12 mo)
19 of 394
Miami Beach actives have cut their price
Median sold price, Miami Beach, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 31257% above the MIAMI BEACH 33139 median. See the full Miami Beach market guide →
Paper trail
This home's history
Reality check
What actually sold near 290 S Coconut Ln
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jul ’26$18,518,000
288 S Coconut Ln, Miami Beach FL 33139 · same community
8 bd · 9.5 ba · 9,094 sqft · $2,036/sqft · 122 DOM
Sold · Apr ’26$7,450,000
Nearby listing · same community
4 bd · 4 ba · 4,218 sqft · $1,766/sqft
Sold · May ’26$5,450,000
291 Palm Ave, Miami Beach FL 33139 · same community
4 bd · 4.5 ba · 3,077 sqft · $1,771/sqft · 20 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 290 S Coconut Ln — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 290 S Coconut Ln — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
290 S Coconut Ln FAQs
What would the monthly payment be for 290 S Coconut Ln, Miami Beach FL 33139?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $135,836/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 290 S Coconut Ln, Miami Beach FL 33139?+
The most recent tax bill on record (2026) was $108,042. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Miami Beach?+
At $21,950,000, this home is listed about 3277% above the Miami Beach median of $649,900. The market section on this page shows how the area is trending.
Which schools are assigned to 290 S Coconut Ln, Miami Beach FL 33139?+
Miami Beach South Pointe Elementary School (elementary), Miami Beach Senior High School (high), District Instructional Center (Dic) (), Miami Beach Nautilus Middle School (middle), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$21,950,000 runs 31257% above the MIAMI BEACH 33139 median — but at 7,660 sqft it's also nearly 8 times the size of the typical Miami Beach listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Time on market is leverage
208 days on market against a Miami Beach median of 91 — sellers in this position are usually ready to negotiate.
04Strong assigned schools
Miami Beach South Pointe Elementary School, Miami Beach Senior High School, District Instructional Center (Dic), Miami Beach Nautilus Middle School, Instructional Center System Wide, Title I Migrant Education Program — Miami Beach South Pointe Elementary School rates 4 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of Haute Real Estate, Inc. · Seth Semilof. MLS #A11948665.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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