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.
Listing Provided Courtesy of One Sotheby’s International Realty at 305-538-9711
Property Details
Price:
$11,495,000
MLS #:
A11972744
Status:
Active
Beds:
4
Baths:
3.5
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
RIVIERA 1ST & 2ND ADDN AM
Neighborhood:
2320
Listed Date:
Feb 27, 2026
Finished Sq Ft:
2,263
Total Sq Ft:
3,775
Lot Size:
304,920,000 sqft / 0.16 acres (approx)
Year Built:
2026
See this Listing
Schools
Elementary School:
Miami Beach South Pointe
Middle School:
Miami Beach Nautilus
High School:
Miami Beach
Interior
Appliances
Dishwasher, Dryer, Gas Range, Microwave, Oven, Refrigerator, Washer
Bathrooms
3 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Flooring
Marble, Wood
Heating
Central
Interior Features
Built-in Features, Elevator, Entrance Foyer, High Ceilings, Kitchen Island, Walk-In Closet(s)
Levels
Two
Exterior
Association Amenities
Security, Gated, Tennis Court(s), Other
Attached Garage YN
1
Community
55+
Construction Materials
Block, CBS
Covered Spaces
2
Direction Faces
South
Exterior Features
Barbecue, Lighting
Garage Spaces
2
New Construction YN
1
Parking Features
Attached, Attached Garage, Covered, Driveway, Garage, Garage Door Opener
Patio And Porch Features
Patio
Roof
Concrete
Security Features
Security Patrol
Senior Community YN
1
View
Water
Waterfront Features
Ocean Access, Bay, No Fixed Bridges
Financial
HOA Fee Frequency
Annually
Tax Year
2025
Taxes
$112,636
Map
Community
- Address253 N Coconut Lane Miami Beach FL
- SubdivisionRIVIERA 1ST & 2ND ADDN AM
- CityMiami Beach
- CountyMiami-Dade
- Zip Code33139
Market Summary
Current real estate data for Single Family in Miami Beach as of Oct 31, 2026
249
Single Family Listed
155
Avg DOM
1,987
Avg $ / SqFt
$10,745,485
Avg List Price
Property Summary
- Located in the RIVIERA 1ST & 2ND ADDN AM subdivision, 253 N Coconut Lane Miami Beach FL is a Single Family for sale in Miami Beach, FL, 33139. It is listed for $11,495,000 and features 4 beds, 4 baths, and has approximately 2,263 square feet of living space, and was originally constructed in 2026. The current price per square foot is $5,080. The average price per square foot for Single Family listings in Miami Beach is $1,987. The average listing price for Single Family in Miami Beach is $10,745,485.
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