Own this Elegant Waterfront Villa on Palm Island for $8.6 Million

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Poised on Miami Beach’s Palm Island, this two-story, 7,700-square-foot waterfront villa offers seamless indoor-outdoor living.

250 South Coconut Lane

Presently on the market for $8,650,000, the stunning residence opens to a 25-foot high foyer leading to a spectacular floating staircase, punctuated by a Swarovski crystal chandelier.

250 South Coconut Lane

25-foot high foyer with a majestic floating staircase, puncuated by a large entry Swarovski crystal chandelier

Upstairs lies three spacious bedrooms, accompanied by two more on the lower level (each with its own en suite bathroom and fully-furnished walk-in closets). The beautiful ceramic master bath—dotted with mosaic accents—touts a phenomenal shower, his-and-hers lavatories, glass-tile accents, and last but certainly not least, a two-person Jacuzzi hot tub.

250 South Coconut Lane

Extravagantly-sized master suite with views of Biscayne Bay

Among the home’s bevy of unique, covetable facets is a Compac quartz wet bar complete with a SubZero wine cooler—not to mention a modern marble powder room and ample storage areas, from sizable closets, to the pantry and kitchen cabinetry. Speaking of, the gourmet space—a veritable chef’s dream—comes with Granite countertops and brand new appliances, including a SubZero refrigerator and freezer; an Electrolux induction cooktop and oven; and a Boch dishwasher. The adjacent breakfast nook—which features a granite table—is adorned with a sparkling Eurofase crystal chandelier, while the pantry and laundry room showcase new quartz countertops, plus a full-sized washer and dryer surrounded by custom cabinetry. The marvelous estate also houses an N’finity Pro wine cellar, which can accommodate up to 332 bottles of vino.

250 South Coconut Lane

Unparalleled panorama of Biscayne Bay from the living room

The luxurious abode’s high-tech features include the home’s enviable Bang & Ofulsen sound system; a hydraulic elevator; an upgraded a Nutone Intercome system; a three-zone air conditioning system; and an alarm system complete with four infrared cameras and a digital recording system, on top of a central VacuFlo vacuum system. In addition, soundproof windows and retractable blinds ensure the ultimate entertainment experience in the Bower & Wilkins, Denon, and Epson-equipped home theater.

Outfitted with newly-minted, hurricane-proof windows dressed with bespoke Zebra shades, the high-ceilinged home also comes with a 40-foot by 16-foot, saltwater infinity pool, sweetened with a waterfall glass tile wall, built-in Tucci flush mounts, Italian Tucci square umbrellas, and a remote-controlled pool system and heating pump. Outside also lies a tiled shower with black-and-white stone accents, along with a full-functioning dock.

250 South Coconut Lane

Fully working dock with 2014 pedestal with electrical and water supply, on 60 feet of waterfront

250 South Coconut Lane

Impressive saltwater infinite swimming pool with waterfall glass tile wall

To view the incredible property’s full listing, click here

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