Building Lasting Relationships that will Move You!
Waterfront - New Construction
266 S Coconut Ln Miami Beach, FL
$ 20,000,000
Property Attributes
  • MLS#A10944374
  • TypeSingle Family
  • CountyMIAMI-DADE
  • CityMiami Beach
  • Area42
  • NeighborhoodRIVIERA 1ST & 2ND ADDN AM
  • Zip33139
  • StyleDetached
  • Price$ 20,000,000
  • Bedrooms9
  • Full Bathrooms6
  • Half Bathrooms0
  • Sqr Footage7881
  • Lot Size0.48 Acres
Listing Provided Courtesy Of:
Westside Estate Agency Florida
Data Source:
Southeast Florida MLS SEFMLS
Property Description

EXTREMELY RARE OPPORTUNITY to build your estate on 150' on water on a square half acre (150' wide by 140' deep) with the very best views of downtown Miami from prestigious Palm Island. Collect rent from the 2 homes while you prepare plans and obtain building permits. Sale includes both 266 & 276 S Coconut Lane. 276 is rented for $15k/mo until Oct 31, 2021 with a 12 month option to extend and 266 is owner occupied but would leaseback if of interest to buyer. Zoned RS-4: Options are a) build a single home up to 10,500 SF, or b) divide lots and build 3 new separate homes, or c) keep as is and renovate the 2 existing homes.

Price History
10/17/2020 Listed $20,000,000

General Features

Appliances None
Architectural Style Detached, Other
Carport Spaces 0.0
Carport Y/N No
Community Features Other, TennisCourts
Cooling None
Exterior Features Deck, FruitTrees
Flooring Other
Garage Spaces 0.0
Garage Y/N No
Heating None
Housing Older Persons Act No HOPA
Interior Features Other
MLS Area 42
Parking Features None
Patio/Porch Features Deck
Pool Features InGround, Pool
Property SubType SingleFamilyResidence
Property Type Residential
Roof Other
Senior Community Y/N No
Sewer PublicSewer
Terms Cash, Conventional
View Ocean
Waterfront Features BayFront, NoFixedBridges, OceanAccess, Seawall
Year Built Details New Construction
Zoning Description 0100

Interior Features

Air Conditioning Y/N No
Full Baths 6
Heating Y/N No
Living Area 7881.0

Exterior Features

Building Area Total 8694.0
Covered Spaces 0.0
Frontage Length 150
Lot Features Item14to12AcreLot
Lot Size Area 21000.0
Lot Size Square Feet 21000.0
Lot Size Units SquareFeet
Spa Yes
View Y/N Yes
Water Source Public
Waterfront Y/N Yes


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

Property vs Zip Code Average in 33139

AVG $5.83M
AVG 182
Year Built
AVG 1971
AVG 56
Data Provided by Walkscore ® not using MLS data

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