266 S Coconut Ln

Miami Beach, Florida, 33139

$25,000,000

$25,000,000
Active
Active
 - For Sale
property_type
Other
Opportunity to build up to and potentially subdivide three homes with 150' linear feet of waterfrontage. Spectacular and 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 and 276 S Coconut Lane. 266 has a double-sized lot, 100 feet 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 Square feet or b) divide lots and build three new separate homes, or c) keep as is and renovate the two existing homes.
MLS ID:
A11055300
Listed:
6/13/21
Updated:
9/17/21
Sotheby's International Realty
Joelle Oiknine

Exterior/Building Features

Lot Size
0.48 acres lot
Architectural Style
Other Style
Lot Details
Under 1/2 Acre
Sewer
Public

Other Property Details

Attached Garage
No
County
Miami-Dade
Water Source
Municipal Water
Pool
No

Property History

Date
Event
Price
Value
8/14/21
Price Change
$25,000,000
119%

Courtesy of Allan Kleer

Based on information from Sotheby's International Realty (SIR) as of 9/17/21. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

©2021 Sotheby's International Realty (SIR). All rights reserved. 

Data last updated 1:31 PM UTC, 9/17/21

Sotheby's International Realty
Joelle Oiknine
Contact Agent