Waterfront
Address
266 S Coconut Ln Miami Beach, FL
Price
$ 29,900,000
Property Attributes
  • MLS#A11054696
  • TypeSingle Family
  • CountyMIAMI-DADE
  • CityMiami Beach
  • Area42
  • NeighborhoodRIVIERA 1ST & 2ND ADDN AM
  • Zip33139
  • StyleDetached
  • Year Built1972
  • Taxes$ 113409
  • Price$ 29,900,000
  • Bedrooms6
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage5441
  • Lot Size0.482094 Acres
Listing Provided Courtesy Of:
One Sotheby's International Realty
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description

Opportunity to build up to & potentially subdivide three homes with 150' linear ft of waterfrontage. Spectacular & premier downtown Miami skyline views. Half acre (150' wide by 140' deep) on newly restored 24/7 guard gated Palm Island. Two homes, with 276 S Coconut currently long-term leased at $15K/month. Sale includes both 266 & 276 S Coconut Lane. 266 has a double-sized lot, 100 ft water frontage w/newer Dock, open floorplan, high ceilings and a Grand Master Suite. Zoned RS-4: Options are a) build a single home up to 10,500 SF or b) divide lots and build three new separate homes, or c) keep as is and renovate the two existing homes.

Price History
6/14/2021 Listed $21,000,000

General Features

Housing Older Persons Act Unverified
Restrictions NoRestrictions

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 33139

Price
AVG $14.07M
$29.9M
Taxes
AVG $75,805
$113,409
Visits
AVG 250
111
Year Built
AVG 1987
1972
Walkscore
AVG 44
3
Data Provided by Walkscore ® not using MLS data

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