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$8,910,000

  • Sold
  • Closed
  • Single Family
  • 4 Beds
  • 4 Full Baths
  • 1 Partial Bath
  • 2,340 Sq. Ft.
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Experience the chance to build your dream home or update the current 2-story waterfront residence on Palm Island's sought-after western tip, showcasing panoramic views of the Miami skyline and Biscayne Bay. The home features travertine and original wood floors, a spacious family room, and an open living area with direct access to the pool deck. The open kitchen offers a center island and an adjacent dining area. The 2nd-floor primary suite includes custom closets and a lounge area overlooking the city and bay. Outdoors, enjoy a heated pool, seating areas, and covered porch. Boaters will appreciate 78' of waterfront, private dock, and easy ocean access.

Full Property Details for 316 S Coconut Ln

General

  • Sold For: $8,910,000
  • Taxes: $85,698 (2023)
  • Status: Closed
  • Type: Single Family
  • Source: Greater_Miami
  • MLS ID: A11672207
  • Added to Site: 506 day(s) ago

Interior

  • Interior Features: Other
  • Appliances: Other Equipment/Appliances
  • Furnishings: Unfurnished
  • Flooring: Other

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 4
  • Bedroom Features: At Least 1 Bedroom Ground Level

Other Rooms

  • Living Room: Other Sq. Ft.

Additional Information

  • Pool: Yes
  • Pool Description: In Ground, 0x0

Exterior

  • Exterior Features: Other

Parking

  • Carport Spaces: 2
  • Covered Spaces: 2
  • Parking Features: Covered

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: East

Community

  • Community Name: Riviera 1st & 2nd Addn Am
  • Gated community: Yes
  • Association: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Other

Utilities

  • Sewer: Public Sewer
  • Water: Municipal Water

Structural Information

  • Architectural Style: Attached, Two Story
  • Structure Type: House
  • Detached/Attached: Detached
  • Construction: Other
  • Roof: Other
  • Building Size: 3061
  • Square Feet: 2,340
  • Living Area: 2,340 Sq. Ft.
  • Year Built: 1940

Lot Features

  • Property View: Bay
  • Lot Size (Sq. Ft.): 8,736
  • Frontage: Bay
  • Frontage Feet: 78
  • Lot Features: Less Than 1/4 Acre Lot
  • Potential Use: Unknown/Withheld
  • Zoning: 100

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: WF/Pool/No Ocean Access

Financial Considerations

  • Price Per Sq. Ft.: $3,807.69
  • Tax Amount: $85,698
  • Tax Year: 2023
  • Terms: All Cash, Conventional

Disclosures and Reports

  • Legal Description: RIVIERA 1ST & 2ND ADDN AMD LOT 2 & 20FT STRIP ADJ SAME ON BAY BLK 2 D PB 32-37 LOT SIZE 8736 SQ FT OR 18284-2631 0798 1 COC 22158-2331 03 20
  • Restrictions: No Restrictions
  • Inclusions: Private Dock
  • Property ID: 02-42-05-002-0570

Listed by Sterling Equity Realty LLC
Sold by Cervera Real Estate Inc.

Listing agents

— 316 S Coconut Ln —

  • Sterling Equity Realty LLC

  • Sterling Equity Realty LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 316 S Coconut Ln

School District:Dade County School District
NameGradesDistance
South Pointe Elementary School
1050 4th Street, Miami Beach, FL 33139
PK-51.9 mi
Nautilus Middle School
4301 N Michigan Ave, Miami Beach, FL 33140
6-83.1 mi
Miami Beach Senior High School
2231 Prairie Avenue, Miami Beach, FL 33139
9-122.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 316 S Coconut Ln

Date
Details
Price
Change
Source
5/29/2025
Sold
$8,910,000
-15.14%
MLS
2/25/2025
Price Reduced
$10,500,000
-10.79%
MLS
1/30/2025
Price Increased
$11,770,000
9.29%
MLS
1/24/2025
Price Reduced
$10,770,000
-12.86%
MLS
1/12/2025
Price Reduced
$12,360,000
-10.24%
MLS
10/06/2024
Listed
$13,770,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Sterling Equity Realty LLC
Sold by Cervera Real Estate Inc.

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316 S Coconut Ln, Miami Beach, FL 33139 (MLS# A11672207) is a Single Family property that was sold at $8,910,000 on May 29, 2025. Want to learn more about 316 S Coconut Ln? Do you have questions about finding other Single Family real estate for sale in Palm Island? You can browse all Palm Island real estate or contact a Coldwell Banker agent to request more information.