What did 288 S Coconut Lane sell for?

288 S Coconut Lane sold for $18,518,000 on Jul 8, 2026, about 80.5% of its last asking price of $22,999,000 and about $2,036 per square foot. Recent sales like this one are what buyers and sellers nearby price against.

What are the property taxes on 288 S Coconut Lane?

The listing reported annual property taxes of $330,301 for 2024. Taxes are reassessed at the sale price after a purchase, so the new owner's bill will differ from that figure.

When was 288 S Coconut Lane built?

288 S Coconut Lane was built in 2011. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.

How long was 288 S Coconut Lane on the market?

288 S Coconut Lane was on the market for 122 days before it sold, after the asking price was reduced from $24,000,000 to $22,999,000.

Is 288 S Coconut Lane waterfront?

Yes. The listing described the water as bayfront.

Which schools serve 288 S Coconut Lane?

The MLS lists Miami Beach South Pointe (elementary), Miami Beach Nautilus (middle), Miami Beach (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.

Is 288 S Coconut Lane still for sale?

No. 288 S Coconut Lane sold on Jul 8, 2026. BreakThru Realty can show you similar homes for sale nearby, or tell you what a home like yours would sell for today; call or text and a licensed agent will follow up.

288 S Coconut Lane, Miami Beach, FL 33139

Sold $18,518,000 · Jul 8, 2026

Last asking price $22,999,000 · 80.5% of asking · 122 days on market

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524 Ocean Drive, Miami Beach, FL 33139 · $25,000,000 · 25 bd · 26 ba · 22,686 sq ft
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8 beds
9.5 baths
9,094 sq ft
Single Family Residence
Built 2011
Lot 13,939.2 sq ft
16,737 sq ft total
4 garage spaces
Miami-Dade County
MLS# A11924923
Riviera 1st & 2nd Addn Am

Photo 1 at 288 S Coconut Lane, Miami Beach

Photo 2 at 288 S Coconut Lane, Miami Beach

Photo 3 at 288 S Coconut Lane, Miami Beach

Photo 4 at 288 S Coconut Lane, Miami Beach

Photo 5 at 288 S Coconut Lane, Miami Beach

Photo 6 at 288 S Coconut Lane, Miami Beach

Photo 7 at 288 S Coconut Lane, Miami Beach

Photo 8 at 288 S Coconut Lane, Miami Beach

About this home

Experience luxury living in this exquisite 3-story waterfront estate, offering 100’ of prime water frontage on the prestigious, guard-gated Palm Island. Boasting 8 bedrooms, 9.5 baths, and a 4-car garage, this home offers ultimate comfort and style. Enjoy breathtaking views of the Miami skyline and beautiful sunsets from the expansive 5,000 SF rooftop terrace and multiple inviting living spaces. The ground level includes a spacious media room and game area while the outdoor space features a stunning pool, summer kitchen and a private dock that accommodates yachts up to 90' as well as a boat lift and floating jet ski dock. The home is complete with a private elevator and staff quarters. This is the epitome of elegance, exclusivity, and Miami’s vibrant waterfront lifestyle

Features

Entrance Foyer
Elevator
Kitchen Island
Walk-In Closet(s)
Closet Cabinetry
Barbecue
Lighting
Balcony
Bayfront
Heated
Concrete

Schools

Elementary: Miami Beach South Pointe
Middle: Miami Beach Nautilus
High: Miami Beach

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Douglas Elliman · judithcorcos@gmail.com · Listing agent: Oliver Morris Lloyd

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Thinking of Selling Nearby?

288 S Coconut Lane sold on Jul 8, 2026. Your buyer may already be looking. BreakThru Realty works with hundreds of prequalified buyers searching for properties. A broker compares your home in Palm Island with this sale and the closings nearest it, checks it against the buyers on file and calls you with your selling options. Find Out If We Have Your Buyer, or see homes for sale in Miami Beach. Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com.

Questions About 288 S Coconut Lane

What did 288 S Coconut Lane sell for?: 288 S Coconut Lane sold for $18,518,000 on Jul 8, 2026, about 80.5% of its last asking price of $22,999,000 and about $2,036 per square foot. Recent sales like this one are what buyers and sellers nearby price against.
What are the property taxes on 288 S Coconut Lane?: The listing reported annual property taxes of $330,301 for 2024. Taxes are reassessed at the sale price after a purchase, so the new owner's bill will differ from that figure.
When was 288 S Coconut Lane built?: 288 S Coconut Lane was built in 2011. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long was 288 S Coconut Lane on the market?: 288 S Coconut Lane was on the market for 122 days before it sold, after the asking price was reduced from $24,000,000 to $22,999,000.
Is 288 S Coconut Lane waterfront?: Yes. The listing described the water as bayfront.
Which schools serve 288 S Coconut Lane?: The MLS lists Miami Beach South Pointe (elementary), Miami Beach Nautilus (middle), Miami Beach (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
Is 288 S Coconut Lane still for sale?: No. 288 S Coconut Lane sold on Jul 8, 2026. BreakThru Realty can show you similar homes for sale nearby, or tell you what a home like yours would sell for today; call or text and a licensed agent will follow up.

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Nearby ZIP Codes

A comparable home, 34 W Dilido Drive, Miami Beach, FL 33139, sold for $23,500,000 in November 2026. Other Miami Beach neighborhoods include Normandy Isles and Altos del Mar. Nearby ZIP codes include 33109 and 33140. This property also neighbors Miami, Brickell, and Fisher Island. Compare it with the Miami Beach housing market report.