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RIVIERA 1ST & 2ND ADDN AM · · MLS A11972744
253 N Coconut Ln
Asking price$11,495,000
LIVE · MLS · AS OF NOV 2, 2026
- Bedrooms
- 4
- Bathrooms · 3 full · 1 half
- 4
- Living area
- 2,263 SF
- Price per SF $5,080/SF
- Lot · 0.16 AC
- 7,000 SF
- Year built
- 2026
What's special
- On the water
- No fixed bridges to open water
- Water view
- New construction
- Elevator
- Gated community
Listed by One Sotheby's International Realty
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.
Continue reading
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.
Property information
The propertyAs the MLS records it
- Property type
- Single Family Residence
- Year built
- 2026
- Lot size
- 7,000 SF · 0.16 AC
- Garage spaces
- 2
Size and layout
- Living area
- 2,263 SF
- Bedrooms
- 4
- Bathrooms
- 3 full · 1 half
Home and lot
- Subdivision
- RIVIERA 1ST & 2ND ADDN AM
- Waterfront
Payment calculator
Estimated monthly payment
$72,057 per month
30-year fixed, 7.24% interest
- Principal and interest
- $62,671
- Property taxes
- $9,386
The calculator opens on the national average rate for a 30-year fixed-rate loan: 7.24% for the week of October 29, 2026. Source: Freddie Mac, Primary Mortgage Market Survey ↗
For illustration only: an estimate, not a loan offer or a quote. The tax is the last annual bill the MLS records for this property; in Florida a property is reassessed when it is sold, so a buyer's tax will differ. Insurance is not estimated: it is included only when you enter your own quote. The rate is a national weekly average, not the rate a lender will offer you: change it to the one you are quoted.
REQUEST A TOUR
See 253 N Coconut Ln in person.
Showings of 253 N Coconut Ln, Miami Beach, FL 33139 are by appointment. Send the request here, call or write on WhatsApp: Julian Acosta, real estate advisor with Compass, answers within one business day to confirm a day and a time.
How to request a showing
Send the request
Use the form on this page, call +1 (786) 473-2565 or write on WhatsApp.
Say when
Name the days and the times that suit you. A second option helps.
Julian confirms
He answers within one business day and confirms the day and the time with you.
The listing and who shows it
- Address
- 253 N Coconut Ln, Miami Beach, FL 33139
- MLS number
- A11972744
- Listed by
- One Sotheby's International Realty
- Showings
- Julian Acosta, real estate advisor with Compass
- Reach him
- +1 (786) 473-2565 · WhatsApp ↗ · Text message · E-mail
No lists, no obligation.
Recent market sales nearby
◆ SOURCE · MLS CLOSED SALES · THE LAST TWELVE MONTHS- This home
- Closed sales, by number
SOLD · SEP 18, 2026
SOLD · NOV 20, 2025
SOLD · MAY 14, 2026
SOLD · SEP 8, 2026Miami Beach market snapshot
Single-family homes in Miami Beach, $2,000,000 and up · Closed sales of the last twelve monthsAs of NOV 2, 2026
- Closed sales
- 205
- Since NOV 2, 2025
- Median sale price
- $5,550,000
- Half closed for more, half for less
- Median price per SF
- $1,597
- Of the sales that state a living area
The market's sales, not sales by Julian Acosta
| Year | Median price per SF | Closed sales |
|---|---|---|
| 2020 | $1,093 | 162 |
| 2021 | $1,134 | 348 |
| 2022 | $1,279 | 194 |
| 2023 | $1,254 | 164 |
| 2024 | $1,478 |
Schools
Zoned public schools · Miami-Dade County Public Schools
PK-5 Grades
- Elementary
Miami Beach South Pointe Elementary ↗
Attendance zone Elementary
Distance 1.7 mi
6-8 Grades
- Middle
Nautilus Middle ↗
Attendance zone Middle
Distance 3.0 mi
9-12 Grades
- Senior high
Miami Beach Senior High ↗
Attendance zone Senior high
Distance 2.3 mi
Elementary · PK–5Middle · 6–8Senior high · 9–12 Color marks the grades a school serves, never a rating.
◆ SOURCE · MIAMI-DADE COUNTY GIS · ATTENDANCE BOUNDARIES EDITED SEP 21, 2026
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LIVE · MLS · AS OF NOV 2, 2026
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ABOUT THIS LISTING
Where this listing's information comes from.
◆ MIAMI REALTORS® · SOUTHEAST FLORIDA MLS◆ UPDATED NOV 2, 2026◆ MLS A11972744
The information on this page is supplied by the Southeast Florida Multiple Listing Service of the MIAMI Association of REALTORS®. It is deemed reliable but is not guaranteed accurate by the MLS, and it may have changed since the date above. It is provided for your personal, non-commercial use and may not be used for any purpose other than to identify properties you may be interested in purchasing. This listing is held by One Sotheby's International Realty. Julian Acosta is a real estate advisor with Compass.
Compass Coral Gables · 1515 Sunset Dr, Suite 40, Coral Gables, FL 33143 · julian.acosta@compass.com · +1 (786) 473-2565
A listing shown here may be held by a brokerage other than Compass. To report an error in this listing's information, write to julian.acosta@compass.com.
