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+2 photosLuxury estate — 297 N Coconut Lane · Riviera 1st & 2nd Addn Am · Miami Beach
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Open property magazine$29,900,000
297 N Coconut Lane, Miami Beach, FL 33139
Miami Beach, FL, 33139
5 bd · 6 ba · 0 sqft
Listed by Fortune Christie's International Real Estate
297 N Coconut Lane, Miami Beach, FL 33139
Listed by Fortune Christie's International Real Estate
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Estimated monthly payment
$213,317/mo
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated monthly payment $213,317/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
Insurance and flood: AE · verify insurance quotes before buying.
About this home
Find similar homesWelcome 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. The outdoor oasis includes a resort-style pool, summer kitchen, rooftop terrace, and 80+ ft of water frontage with direct ocean access – perfect for boating enthusiasts. Enjoy unobstructed views of Biscayne Bay and the Miami skyline. A true trophy property on one of Miami Beach’s most prestigious islands – modern elegance, world-class design, and an unparalleled location.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
521 days on market
Longer time on market usually means the seller is more open to negotiating on price and terms.
Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.
Property Details
Your costs (est.)
≈ $213,317/mo
297 N Coconut Lane, Miami Beach, FL 33139 · Miami Beach
Location
297 N Coconut Lane, Miami Beach, FL 33139
Dock & Draft Match™
Ask about dock
Boat length up to ~583 ft · verify
One home, every check
Dock & Draft Match™ brings this home's dock length, low-water depth, every bridge, the ocean run, frontage and yacht size together in one place. Estimate only, not guaranteed. Verify before you buy or sell.
What buyers ask about this home
What are the estimated monthly carrying costs at 297 N Coconut Lane, Miami Beach, FL 33139?+
Property tax (after sale): $45,714/month est.; homeowners insurance: $12,458/month est.; HOA: $0/month. Fixed ownership costs before a mortgage: $58,172/month est. Principal and interest: $155,145/month; PMI: $0/month. Total for the payment scenario shown: $213,317/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 297 N Coconut Lane, Miami Beach, FL 33139?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 297 N Coconut Lane, Miami Beach, FL 33139 need flood insurance, and what drives the premium?+
Most of Miami Beach sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 297 N Coconut Lane, Miami Beach, FL 33139?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type, and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
What extra costs come with the waterfront at 297 N Coconut Lane, Miami Beach, FL 33139?+
Waterfront ownership adds seawall maintenance and eventual replacement, dock and lift servicing, higher flood and wind premiums, and salt-air upkeep on exterior finishes and equipment. Confirm bridge height and water depth at low tide if you plan to keep a boat.
Is there room to negotiate on 297 N Coconut Lane, Miami Beach, FL 33139?+
This listing has been on the market 521 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Miami Beach. Beachside neighborhoods with local dining, Lincoln Road shopping and connections across the causeways to Miami.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Miami Beach South Pointe Elementary School
Elementary · 1.9 mi from this home · 1050 4Th St, Miami Beach
Miami Beach Nautilus Middle School
Middle school · 3.0 mi from this home · 4301 N Michigan Ave, Miami Beach
Miami Beach Senior High School
High school · 2.4 mi from this home · 2231 Prairie Ave, Miami Beach
Zone boundaries published by Miami-Dade County Public Schools.
Other options for this address
Ebenezer Christian Academy II
Pre-K & Kindergarten · Private · Christian · Grades K–12 · Miami
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
The home, in a magazine
A closer look at this home and its lifestyle — dedicated to you and your family.
Open the magazine
Simon Gedz
Realtor® since 1995
Interested in this property?
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