$11,495,000
4 bd · 4 ba · 2,263 sq ft · Single Family Residence
253 N Coconut Ln, Miami Beach FL 33139
For Sale · Active listing
Est. payment $63,170/mo · Mortgage calculator
Listed by One Sotheby's International Realty / Jeffrey Miller
Contact: 305-610-4509 (listing contact).
Shown through Slice Realty. Requests from this page reach Slice Realty / Propiedad Futura, not the listing agent.
About this home
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
- MLS #
- A11972744
- Subdivision
- RIVIERA 1ST & 2ND ADDN AM
- Property type
- Residential
- Property subtype
- Single Family Residence
- Sq. ft.
- 2,263
- Price per sq. ft.
- $5,080 / sq ft
- Year built
- 2026 (New Construction)
- Days on market
- 214
- County
- Miami-Dade County
- Date listed
- Feb 27, 2026
- Last updated
- Sep 29, 2026
Financial considerations
- Taxes
- $112,636 (2025)
Exterior features
- Waterfront
- Yes
- View
- Water
- Construction
- Concrete Block Construction, CBS Construction, Elevated Construction
- Roof
- Concrete
- Additional features
- Barbeque, Lighting
Interior features
- Heating
- Central
- Cooling
- Central Air
- Appliances
- Dishwasher, Dryer, Gas Range, Microwave, Refrigerator, Wall Oven, Washer
- Window features
- Complete Impact Glass, Impact Glass
- Additional features
- First Floor Entry, Built-in Features, Cooking Island, Elevator, Entrance Foyer, Volume Ceilings, Walk-In Closet(s), Family Room, Great Room
Additional features
- Community
- Additional Amenities, Tennis Court(s), Gated Community, Security Patrol
Mortgage calculator
Includes principal and interest, taxes and insurance.
Rate: Freddie Mac 30-year average (2026-10-22). Estimate only.
Local context (our analysis)
1,888 homes and condos are listed for sale in Miami Beach, at a median list price of $649,000 and $704 per sq ft. This home asks $5,080 per sq ft.
Source: Southeast Florida MLS (SEFMLS). Last updated Sep 29, 2026, 4:39 PM ET
Listing data is deemed reliable but is not guaranteed accurate by the MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.