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

266 S Coconut Ln

6 bedrooms | 3 bathroom | 0 half bath | 5,441 sqft | Miami Beach 33139

$25,000,000

Property Details

MLS #
A11054696
Listing Type
Single Family
Unit #
Status
Active
Address
266 S Coconut Ln  map  
Maintenance Fee
$0
Bedrooms
6
Bathrooms
3
Half Baths
0
Living Area(f2)
5,441
Lot Size (f2)
21,000
Year Built
1972
Parking Spaces
0
Waterfront
Yes
Complex
RIVIERA 1ST & 2ND ADDN AM
Days On Market
94
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

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.

Property Amenities

Equipment

  • Other Equipment/Appliances

Interior Features

  • Other

Exterior Features

  • Fruit Trees
  • Other

Similar Properties

Address Price %Chng Bed/Bath Square Feet Squarem2 $/sq.ft. $/m2 Maint/$ List Date Floor
241 Palm Ave $1,750,000  new 3/2 2,259 210 $775 $8,339 $0 09/02/2021
259 S Coconut Ln $2,950,000  13.46%   4/4 2,469 229 $1,195 $12,861 $0 03/06/2019
254 Palm Ave $5,295,000  12.78%   5/5 0 0 $0 $0 $0 02/11/2021
247 Palm Ave $5,500,000  12.24%   4/4 3,397 316 $1,619 $17,428 $0 12/30/2020
216 Palm Ave $15,000,000  3.45%   6/6 0 0 $0 $0 $0 02/18/2021
93 Palm Ave $16,950,000  new 7/5 7,507 697 $2,258 $24,305 $500 08/31/2021
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
120 Palm Ave $20,000,000   6/6 6,014 559 $3,326 $35,797 $0 07/30/2021
266 S Coconut Ln $25,000,000  19.05%   6/3 5,441 505 $4,595 $49,459 $0 06/14/2021
276 S Coconut Ln $25,000,000  19.05%   3/3 2,440 227 $10,246 $110,290 $0 06/14/2021
16 Palm Ave $29,500,000   6/6 9,209 856 $3,203 $34,482 $0 05/17/2021
70 Palm Ave $33,900,000  new 7/9 19,970 1,855 $1,698 $18,273 $0 08/26/2021
158 Palm Ave $41,500,000   8/9 0 0 $0 $0 $0 08/19/2021
130 Palm Ave $49,500,000  23.75%   9/11 15,132 1,406 $3,271 $35,212 $0 06/09/2021
# of Units Avg Price Avg $/Square Ft Lowest Median Highest Avg Days on Market
15 $20,683,000 $2,443 $1,750,000 $19,900,000 $49,500,000 167
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
08/16/2021 $30,000,000 $34,500,000 8 9 10,984 $3,141 $33,810 1 year
08/09/2021 $20,250,000 $29,000,000 6 5 8,056 $3,600 $38,749 5 months
08/04/2021 $18,000,000 $19,900,000 9 10 10,853 $1,834 $19,737 6 months
07/01/2021 $3,700,000 $3,900,000 4 4 5,968 $653 $7,034 1 year
06/10/2021 $5,150,000 $5,495,000 4 4 4,171 $1,317 $14,181 6 months
04/26/2021 $4,360,000 $4,490,000 4 4 2,322 $1,934 $20,815 2 months
04/16/2021 $3,400,000 $3,400,000 4 4 2,866 $1,186 $12,770 10 months

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