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297 N Coconut Ln, Miami Beach FL 33139
About this home
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.
Features
- First Floor Entry
- Family Room
- Open Balcony
- Bay
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $151,191
- HOA
- None
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.