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ActiveMLS listing sourceMIAMI REALTORS® MLS
ActiveMLS® A11972744
$11,495,000

253 N Coconut Lane, Miami Beach, FL 33139

Beds
4
Baths
4
Sqft
2,263
Est. payment$74,779/mo
Home type
Single Family Residence
Year built
2026
Lot size
6,970 sqft
Price / sqft
$5,080
HOA
$0/mo
Community
RIVIERA 1ST & 2ND ADDN AM

Property description

Casa Bahia is a rare waterfront opportunity - Plans Included & Ready to Build - on the exclusive, guard-gated Palm Island, masterfully designed by Borges + Associates. Offered with the land and a full set of approved plans for a new 3,800 SF modern residence, this offering saves up to three years of design, review, and planning - allowing you to break ground immediately and be the first to enjoy this bespoke bayfront retreat. The thoughtfully curated floor plan features four bedrooms with ensuite baths, expansive light-filled living spaces, a chef’s kitchen, private elevator, and a rooftop terrace designed to capture sweeping water views over Biscayne Bay. Seamless indoor-outdoor living invites tranquil mornings by the water and vibrant sunset gatherings framed by Miami’s tropical skyline. Within Palm Island’s private enclave, residents enjoy an exclusive park with tennis courts, basketball, soccer field, and playground. Just minutes from South Beach, Brickell, Wynwood, and the Miami Design District, Casa Bahia offers effortless access to world-class dining, luxury shopping, cultural destinations, and premier boating - while preserving the privacy, security, and prestige of island living.

Listing activity

Days on market
214
Listed
Feb 27, 2026
MLS listing updated
2 hours ago
Feed last checked
1 minute ago

Listed by Jeffrey M Miller · One Sotheby's International Realty

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
4
Bathrooms
4
Bathrooms (decimal)
3.5
Full bathrooms
3
Half bathrooms
1

Rooms & features

Rooms
2
Interior features
Built-in Features, Elevator, Entrance Foyer, High Ceilings, Kitchen Island, Walk-In Closet(s)
Flooring
Marble, Wood
Appliances
Dishwasher, Dryer, Gas Range, Microwave, Oven, Refrigerator, Washer

Heating & cooling

Heating
Central
Cooling
Central Air
Property

Parking

Garage spaces
2
Garage
Yes
Covered spaces
2
Parking features
Attached, Attached Garage, Covered, Driveway, Garage, Garage Door Opener
Attached garage
Yes

Exterior

Stories
2
Building area
3,775 sqft
Entry level
1
Patio & porch
Patio
Exterior features
Barbecue, Lighting
Pool
Yes
Pool features
In Ground
View
Water
Waterfront
Ocean Access, Bay, No Fixed Bridges
Waterfront property
Yes

Lot

Lot size
6,970 sqft
Lot size (acres)
0.16 acres
Lot dimensions
7552
Zoning
0100
Construction

Type & style

Home type
Single Family Residence
Year built
2026
New construction
Yes

Materials

Construction
Block, CBS
Roof
Concrete
Property condition
New Construction
Levels
Two
Faces
South
Utilities & green energy

Utilities

Sewer
Public Sewer
Water
Public
Community & HOA

Community

Subdivision
RIVIERA 1ST & 2ND ADDN AM
MLS area
2320
Security
Security Patrol
55+ community
Yes

Association

Has association
Yes
Association fee
$0 annually
Estimated monthly dues
$0
Amenities
Security, Gated, Tennis Court(s), Other
Lease details

Not reported by the listing source.

Location

Area details

City
Miami Beach
County
Miami-Dade
ZIP code
33139
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A11972744
Possession
Negotiable
Original list price
$11,495,000
Parcel number
0242050020160
Annual property tax
$112,636
Tax year
2025
Tax legal description
RIVIERA 1ST & 2ND ADDN AMD PB 32-37 LOT 17 & 20FT STRIP ADJ BLK 2 A LOT SIZE 50.000 X 140 OR 18146-2537 0698 1
Additional MLS details

Reported by the listing source

Association Amenities
Security, Gated, Tennis Court(s), Other
Association Fee Frequency
Annually
Association
Yes
Bathrooms Total Decimal
3.5
Bathrooms Total Integer
4
Building Area Total
3775
Construction Materials
Block, CBS
County Or Parish
Miami-Dade
Days On Market
214
Direction Faces
South
Elementary School
Miami Beach South Pointe
High School
Miami Beach
List Price
11495000
Listing Contract Date
2026-02-27
Living Area
2263
Lot Size Acres
0.16
Lot Size Area
7000
Lot Size Dimensions
7552
MLSArea Major
2320
Middle Or Junior School
Miami Beach Nautilus
Mls Status
Active
On Market Date
2026-02-27
Patio And Porch Features
Patio
Photos Count
5
Postal Code
33139
Property Sub Type
Single Family Residence
Property Type
Residential
Rooms Total
2
Security Features
Security Patrol
Senior Community
Yes
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-02-27T05:00:00Z
Stories Total
2
Subdivision Name
RIVIERA 1ST & 2ND ADDN AM
Water Source
Public
Waterfront Features
Ocean Access, Bay, No Fixed Bridges
Tax Annual Amount
112636
Bathrooms Full
3
Pool Private
Yes
Bedrooms Total
4
Bathrooms Half
1
General Property Information: Senior Community
Yes

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Feb 27, 2026ListedMIAMI REALTORS® MLS$11,495,000$5,080/sqft

Public tax history

YearProperty taxesAssessment
2025$112,636—

Payment calculator

Estimated monthly payment$74,779/moIllustrative estimate, not a loan offer.
Principal & interest
$59,645
Property taxes
$9,386
Insurance
$5,748
Association dues
$0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

RIVIERA 1ST & 2ND ADDN AM

Miami Beach · Miami-Dade County · 33139

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Miami Beach South PointeElementary
—
Miami Beach NautilusMiddle
—
Miami BeachHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

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MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of One Sotheby's International Realty. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.