Irina Kim-Sang | 305-562-5864 | ENGUSA RUSRussian

222 S Coconut Ln

5 bedrooms | 3 bathroom | 1 half bath | 3,686 sqft | Miami Beach 33139

$5,450,000

Property Details

MLS #
A10993333
Listing Type
Single Family
Unit #
Status
Active
Address
222 S Coconut Ln  map  
Maintenance Fee
$0
Bedrooms
5
Bathrooms
3
Half Baths
1
Living Area(f2)
3,686
Lot Size (f2)
7,000
Year Built
1927
Parking Spaces
2
Waterfront
Yes
Complex
PALM ISLAND
Days On Market
167
Pool
Yes
Pets Allowed
N/A
Irina Kim-Sang

      Irina Kim-Sang

      Broker

      Atlantic VIP Realty LLC

      305-562-5864
Irina Kim-Sang
Irina Kim-Sang
Inquire About this Property

Property Description

PALM ISLAND UNIQUE WATERFRONT OPPORTUNITY TO WORK ON PLANS FOR A REMODEL OR NEW CONSTRUCTION WITH HEFTY RENTAL INCOME! Tenant Occupied through Aug 2022 @ $25,500/M. Here is your Opportunity to have any Construction Plans Designed & Approved whilst Receiving an Excellent Rental Income. This 7,000 Sq Ft Private Cul-de-Sac LOT on Palm Island Featuring 50' of Waterfrontage with Direct Ocean Access and Features Magnificent Skyline Views. Mediterranean Villa with High Ceilings Renovated in 2014 with 3,686 Sq Ft of Living Space Encompassing 5 Bedrooms + Office + 3.5 Baths with Fireplace & Laundry Room. Royal Palms Frame the Dock and Pool Deck Receiving Direct Sunlight All Day. Nestled between South Beach & Downtown with Gated Security, Park & Tennis courts. PALM ISLAND IS PERFECT FOR FAMILIES!

Property Amenities

Equipment

  • Dishwasher
  • Dryer
  • Microwave
  • Gas Range
  • Refrigerator

Interior Features

  • Den/Library/Office

Similar Properties

Address Price %Chng Bed/Bath Square Feet Squarem2 $/sq.ft. $/m2 Maint/$ List Date Floor
259 S Coconut Ln $2,950,000  13.46%   4/4 2,469 229 $1,195 $12,861 $0 03/06/2019
243 Palm Ave $3,450,000  25.45%   4/4 3,612 336 $955 $10,281 $0 05/15/2019
254 Palm Ave $5,295,000  12.78%   5/5 0 0 $0 $0 $0 02/11/2021
222 S Coconut Ln $5,450,000   5/3 3,686 342 $1,479 $15,916 $0 02/12/2021
300 Palm Ave $5,900,000   4/4 4,714 438 $1,252 $13,472 $0 02/19/2021
216 Palm Ave $15,000,000  3.45%   6/6 0 0 $0 $0 $0 02/18/2021
24 Palm Ave $18,500,000  -7.5%   7/8 6,712 624 $2,756 $29,669 $0 03/11/2021
198 Palm Ave $19,900,000  17.07%   7/8 11,650 1,082 $1,708 $18,387 $0 04/07/2021
288 S Coconut Ln $19,900,000  -4.78%   9/10 10,853 1,008 $1,834 $19,737 $0 01/13/2021
276 S Coconut Ln $21,000,000   3/3 2,440 227 $8,607 $92,643 $0 06/14/2021
266 S Coconut Ln $21,000,000   6/3 5,441 505 $3,860 $41,546 $0 06/14/2021
10 PALM AVENUE $26,500,000   8/6 9,893 919 $2,679 $28,834 $500 07/01/2021
39 Palm Ave $29,000,000  16%   6/5 8,056 748 $3,600 $38,749 $0 03/02/2021
16 Palm Ave $29,500,000   6/6 9,209 856 $3,203 $34,482 $0 05/17/2021
94 Palm Ave $34,500,000  15.38%   8/9 10,984 1,020 $3,141 $33,810 $500 02/28/2020
# of Units Avg Price Avg $/Square Ft Lowest Median Highest Avg Days on Market
15 $17,189,667 $2,418 $2,950,000 $19,900,000 $34,500,000 243
Price Reductions This Week: 0
Price Reductions last 30 Days: 0
Price Reductions last 90 Days: 0

Recent Sales

Unit # Closed Date Sold Price List Price Bed Bath Living Area $/sf $/m<sup>2</sup> Days on Market
03/10/2021 $3,425,000 $3,449,000 5 4 4,216 $818 $8,806 6 months
03/08/2021 $3,162,000 $3,495,000 5 4 3,084 $1,133 $12,199 3 months
02/03/2021 $3,100,000 $3,300,000 5 5 3,617 $912 $9,821 1 month

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