Interior
- Bedrooms
- 5
- Bathrooms
- 6
- Living area
- 0 sq ft
Active · SingleFamilyResidence
$29,900,000
297 N Coconut Ln, Miami Beach, FL 33139
- Beds
- 5
- Baths
- 6
- Living area
- 0 sq ft
- $ / sq ft
- —
- Year built
- 2025
- Lot size
- 8,667 sq ft
- HOA fee
- —
- Annual tax
- —
About this property
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
Get Directions297 N Coconut Ln, Miami Beach, FL 33139
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Facts & features
Exterior & Structure
- Property type
- SingleFamilyResidence
- Year built
- 2025
- Lot size
- 8,667 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- County
- Miami-Dade
- MLS listing ID
- A11816786
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$58,520
- Cap rate
- 3.3%
- Net yield
- 3.3%
- Cash-on-cash return
- -8.4%
- Gross yield
- 6.6%
- Mortgage payment
- $141,741/mo
- Down payment
- $7,475,000
- Loan amount
- $22,425,000
- Annual NOI
- $998,660
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.