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244 S Coconut Ln, Miami Beach, FL 33139
$7,499,000
244 S Coconut Ln, Miami Beach, FL 33139View this property at 244 S Coconut Ln, Miami Beach, FL 33139
244 S Coconut LnMiami BeachFL33139
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Property Description
EXCEPTIONAL opportunity to build your dream waterfront home or renovate the existing residence in the coveted Palm Island. Sitting on an 8,400 SF lot with 60FT of water frontage, this south-facing home offers panoramic views of the Miami skyline and breathtaking sunsets. Enjoy quick and easy access to the open ocean and ultimate privacy in this police-guarded, gated community.
Full Property Details
Full Property Details for 244 S Coconut Ln
General
- Price: $7,499,000
- Taxes: $2,807 (2022)
- Status: Active
- Type: Land Residential
- MLS ID: A11461084
- Updated: 4/10/2024
- Added to Site: 211 day(s) ago
Location
- Area: Riviera 1st & 2nd Addn Am
- County: Miami-Dade County
- Subdivision: RIVIERA 1ST & 2ND ADDN AM
- Building Name: RIVIERA 1ST & 2ND ADDN AM
- Direction Faces: Northeast
Community
- Community Name: Riviera 1st & 2nd Addn Am
- Gated community: Yes
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Structure Type: Residential
- Detached/Attached: Detached
- Windows: Clear Impact Glass, Complete Impact Glass
- Current Bldg. Use: Residential, Check Land Use Plan
Additional Structures
- Other Structures: Livable
Lot Features
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,400
- Frontage: Bay
- Frontage Feet: 60
- Lot Features: Less Than 1/4 Acre Lot, Other
- Development Status: Recorded Plat
- Trees/Vegetation: Partially Wooded
- Zoning: 100
Water Features
- Water Front: Yes
- Water Front Desc.: Canal Width 121 Feet Or More, Intracoastal Front, Ocean Access
Financial Considerations
- Tax Amount: $2,807
- Tax Year: 2022
- Terms: All Cash, Conventional
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Legal Description: RIVIERA 1ST & 2ND ADDN AMD LOT 19 & 20FT STRIP ADJ SAME ON BAY BLK 2 D PB 32-37 LOT SIZE 60.000 X 140 OR 18463-1220 01 1999 1
- Inclusions: Private Dock
- Property ID: 02-42-05-002-0720
Listed by Compass Florida, LLC
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Schools
Schools serving 244 S Coconut Ln
School District:Miami-Dade County School District
Rating | Name | Grades | Distance |
---|---|---|---|
1050 4th St, Miami Beach, FL 33139 | PK-5 | 1.7 mi | |
12829 Sw 272nd St, Homestead, FL 33032 | PK-8 | 23.4 mi | |
4301 N Michigan Ave, Miami Beach, FL 33140 | 6-8 | 3.1 mi | |
2231 Prairie Ave, Miami Beach, FL 33139 | 9-12 | 2.4 mi | |
Robert Morgan Educational Center and Technical College
18180 Sw 122 Avenue, Miami, FL 33177 | 9-12 | 18.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 244 S Coconut Ln
Date
Details
Price
Change
Source
4/10/2024
Price Reduced
$7,499,000
-6.2%
MLS
3/04/2024
Price Reduced
$7,995,000
-1.9%
MLS
2/21/2024
Price Reduced
$8,150,000
-4.06%
MLS
1/21/2024
Price Reduced
$8,495,000
-4.5%
MLS
9/29/2023
Listed
$8,895,000
1358.2%
MLS
2/03/1999
Sold
$610,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 244 S Coconut Ln
Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,924
22%
$898,954
6%
2021
$2,391
-18%
$847,351
-3%
2022
$2,924
22%
$872,771
4%
2021
$2,391
—
$835,652
2%
2019
$2,391
4%
$816,865
2%
2018
$2,300
-12%
$801,634
2%
2017
$2,611
29%
$785,146
2%
2016
$2,029
32%
$768,998
1%
2015
$1,534
-6%
$763,653
1%
2014
$1,625
—
$757,593
1%
2013
$1,625
—
$746,398
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 244 S Coconut Ln
244 S Coconut Ln, Miami Beach, FL 33139 (MLS# A11461084) is a Land Residential property with a lot size of 0.19 acres. 244 S Coconut Ln is currently listed for $7,499,000 and was received on September 29, 2023. Want to learn more about 244 S Coconut Ln? Do you have questions about finding other Land Residential real estate for sale in Miami Beach? You can browse all Miami Beach real estate or contact a Coldwell Banker agent to request more information.