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266 S Coconut Ln
Miami Beach, FL 33139
1 Price Changes (-$ 4,900,000)
Half Baths
Size Sq. Ft.
266 S Coconut Ln Miami Beach, FL 33139
6 Beds, 3 Baths, Single Family Residence 5,441 Sq.Ft.

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.

Listing Summary
  • City Miami Beach
  • County Miami-Dade County
  • Zip 33139
  • Price $29,900,000
  • Status Active
  • County Miami-Dade County
  • Subdivision Riviera 1st & 2nd Addn Am
  • Pet Restrictions No
  • MLS® # A11054696
  • Property Type Residential
  • Property Sub TypeSingle Family Residence
  • Square Feet 5,441
  • Year Built 1972
  • Waterfront Yes
  • HOA Fees
  • Taxes $113,409
  • Tax Year 2020
  • Status Active
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266 S Coconut Ln
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The data relating to real estate for sale on this web site comes in part from the participating Associations of the Miami Multiple Listing Service. The MLS data provided for the property above (A11131773) is provided courtesy of (Luxe Living Realty). The information being provided is 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. Information is deemed reliable but not guaranteed. Data last updated on 01-26-2022. IDX powered by Realty Net Media