Home » Properties » 297 N Coconut Ln, Miami Beach FL 33139

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Stunning New Single Family Home on Palm Island, Miami Beach

Brand-new 5-bedroom, 5-bath residence on exclusive Palm Island, Miami Beach, designed by Ralph Choeff with luxury finishes and open-concept living.

$29,900,000

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MLS #A11816786

Listing Updated: 2026-07-15 18:37:22

Listed By: Fortune Christie's International Real Estate

Overview

Welcome to 297 N Coconut Ln, a newly constructed single family residence on Miami Beach’s prestigious Palm Island. Completed in 2025, this home showcases a sophisticated blend of tropical modernism and luxury design by architect Ralph Choeff and builder Massimo Giordano. The property features 5 bedrooms and 5 bathrooms, with expansive glass walls that seamlessly connect indoor and outdoor spaces. Highlights include a chef’s kitchen with premium appliances, spacious family room, open balcony, and a three-car garage. This residence offers a refined living experience in one of Miami Beach’s most sought-after neighborhoods.

Property Highlights

5 bedrooms, 5 bathrooms, designed by Ralph Choeff, built by Massimo Giordano, open balcony, chef’s kitchen, 3-car garage, tropical modernism, Palm Island location, 2025 construction.

Property Details

City: Miami Beach

State: FL

Zip Code: 33139

Address: 297 N Coconut Ln, Miami Beach FL 33139

Year Built: 2025

Property Type: Residential

Property Sub Type: Single Family Residence

Listing Office Name: Fortune Christie's International Real Estate

County: Miami-Dade County

Garage Spaces: 3

Parking Features: Driveway

Interior Features: First Floor Entry, Family Room

Exterior Features: Open Balcony

Waterfront: Yes

Pool: No

HOA Fee: $0

Annual Tax: $97,618

Days On Market: 361 Days

Original Listing Description

Welcome 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.

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

297 N Coconut Ln, Miami Beach FL 33139

About This Neighborhood

Palm Island is one of Miami Beach’s most exclusive neighborhoods, offering a tranquil yet accessible environment. Residents enjoy proximity to Miami Beach’s vibrant cultural scene, beaches, and dining options while benefiting from a private island atmosphere. The community is known for its luxury homes, waterfront views, and peaceful streets, making it a favored location for those seeking a refined lifestyle close to urban amenities.

Walkability & Lifestyle

Palm Island provides a serene setting with limited commercial activity, emphasizing privacy and exclusivity. However, nearby Miami Beach neighborhoods offer walkable access to restaurants, shopping centers, and waterfront parks. Residents can enjoy leisurely strolls along scenic routes and quick drives to vibrant districts featuring diverse dining and entertainment options, combining tranquility with urban convenience.

Things To Do Nearby

Living on Palm Island places residents close to Miami Beach’s renowned beaches, marinas, and cultural attractions. Outdoor activities such as boating, fishing, and beach outings are easily accessible. The nearby Miami Beach area offers a rich variety of dining experiences, nightlife, art galleries, and shopping venues, providing a balanced lifestyle of relaxation and entertainment.

Nearby Schools

Miami Beach offers access to a variety of educational institutions ranging from public to private schools. Families residing on Palm Island benefit from convenient commutes to nearby schools known for their academic programs. The neighborhood’s location allows easy access to educational resources within Miami-Dade County, supporting families with school-age children in balancing lifestyle and schooling needs.

Why Buyers Like This Area

Buyers appreciate Palm Island for its combination of privacy, luxury, and proximity to Miami Beach’s amenities. The neighborhood’s exclusivity and waterfront setting create a desirable living environment. The modern design and high-quality construction of homes like 297 N Coconut Ln appeal to those seeking contemporary elegance with comfortable indoor-outdoor living. Accessibility to cultural and recreational options enhances the area’s appeal.

Investment Potential

This Palm Island residence offers a unique opportunity in a highly desirable Miami Beach neighborhood. Its new construction and high-end finishes attract discerning buyers seeking luxury and exclusivity. The location on Palm Island is known for privacy and prestige, which supports sustained interest from buyers and renters looking for upscale living. While market fluctuations can occur, properties in this area typically maintain strong appeal due to limited inventory and consistent demand.

Market Trends

Miami Beach’s luxury real estate market continues to attract attention for its blend of new developments and classic estates. Demand for properties on Palm Island remains steady due to its exclusivity and limited availability. Buyers are drawn to modern architectural designs combined with premium amenities. Inventory in this segment tends to be limited, supporting competitive pricing and long-term desirability among affluent buyers.

Rental Income Potential

Properties on Palm Island typically appeal to high-end renters seeking privacy and luxury in Miami Beach. The area’s reputation and amenities contribute to steady tenant interest, especially during peak seasons. While rental income can vary, the location’s exclusivity and quality of construction make it a desirable rental option for short-term or seasonal leasing, attracting tenants who prioritize upscale living environments.