Single Family Residence
253 N Coconut Ln
253 N Coconut Ln, Miami Beach FL 33139 Get directions
$11,495,000
4 Beds · 3 Baths · 2,263 SqFt
See estimated monthly costThis listing is courtesy of One Sotheby's International Realty. Jeffrey Miller
Overview
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.
Facts & features
Interior
- Living area (sq ft)
- 2,263
- Full bathrooms
- 3
- Half bathrooms
- 1
- First Floor Entry
- Built-in Features
- Cooking Island
- Elevator
- Entrance Foyer
- Volume Ceilings
- Walk-In Closet(s)
- Family Room
- Great Room
Building & exterior
- Year built
- 2026
- Lot size (sq ft)
- 7,000
- Garage spaces
- 2
- Covered spaces
- 2
- Waterfront
- Yes
- Water
- Ocean Access
- No Fixed Bridges
- Barbeque
- Lighting
- Covered
- Driveway
HOA (homeowners association)
- Association fee
- $0 per year
- Other Restrictions
Taxes
- Annual tax
- $112,636
- Tax year
- 2025
- Parcel number
- 02-42-05-002-0160
Assigned schools
- Elementary
- South Pointe
- Middle
- Nautilus
- High
- Miami Beach
Listing
- MLS number
- A11972744
- Property type
- Single Family Residence
- Price per SqFt
- $5,080
- Subdivision
- RIVIERA 1ST & 2ND ADDN AM
- On market since
- Feb 27, 2026
- Days on market
- 214
Estimated monthly cost
$76,133 per month
- Principal & interest (30 yr)
- $58,125
- Property tax
- $9,386
- Insurance (estimated)
- $8,621
An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.
Location
Nearby schools
- Miami Children''s Museum Charter School
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