244 S Coconut Ln Miami Beach, FL 33139
Star, Palm and Hibiscus Islands NeighborhoodEstimated payment $55,779/month
Total Views
5,055
3
Beds
3
Baths
3,086
Sq Ft
$3,224
Price per Sq Ft
Highlights
- Property has ocean access
- Private Dock
- Gated Community
- South Pointe Elementary School Rated A-
- Property fronts an intracoastal waterway
- 1-minute walk to Palm Island Park
About This Home
244 South Coconut Lane is a prime waterfront property on the prestigious, police-guarded Palm Island in Miami Beach. This 8,400 sq ft lot offers 60 feet of waterfront with easy ocean access and stunning views of Biscayne Bay and the skyline. Architectural plans for a custom home are already in place, streamlining the process to bring your dream residence to life. The existing home features 3 bedrooms, 3 bathrooms, new kitchen cabinets and millwork, freshly painted interiors, and impact windows. Located just moments from world-class dining, shopping, and entertainment, this is a rare opportunity to own a piece of Miami Beach’s finest real estate.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,924
Year Built
- Built in 1963
Lot Details
- 8,400 Sq Ft Lot
- Property fronts an intracoastal waterway
- Property Fronts a Bay or Harbor
- Northeast Facing Home
- Property is zoned 0100
Property Views
- Intracoastal
- Bay
- Canal
Home Design
- Concrete Roof
Interior Spaces
- 3,086 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
Kitchen
- Self-Cleaning Oven
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Home Security
- High Impact Windows
- High Impact Door
Parking
- Covered Parking
- Circular Driveway
- Open Parking
Outdoor Features
- Property has ocean access
- Canal Width is 121 Feet or More
- Private Dock
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 02-42-05-002-0720
Community Details
Overview
- No Home Owners Association
- Voluntary home owners association
- Riviera 1St & 2Nd Addn Am Subdivision
Security
- Security Service
- Gated Community
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,924 | $925,922 | -- | -- |
| 2023 | $2,924 | $898,954 | $0 | $0 |
| 2022 | $2,924 | $872,771 | $0 | $0 |
| 2021 | $2,391 | $847,351 | $0 | $0 |
| 2020 | $2,391 | $835,652 | $0 | $0 |
| 2019 | $2,391 | $816,865 | $0 | $0 |
| 2018 | $2,300 | $801,634 | $0 | $0 |
| 2017 | $2,611 | $785,146 | $0 | $0 |
| 2016 | $2,029 | $768,998 | $0 | $0 |
| 2015 | $1,534 | $763,653 | $0 | $0 |
| 2014 | $1,625 | $757,593 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/25/2025 03/25/25 | For Sale | $9,950,000 | +53.1% | $3,224 / Sq Ft |
| 08/02/2024 08/02/24 | Sold | $6,500,000 | -5.8% | $2,106 / Sq Ft |
| 06/20/2024 06/20/24 | Pending | -- | -- | -- |
| 05/29/2024 05/29/24 | Price Changed | $6,899,000 | -4.8% | $2,236 / Sq Ft |
| 05/03/2024 05/03/24 | Price Changed | $7,250,000 | -3.3% | $2,349 / Sq Ft |
| 04/10/2024 04/10/24 | Price Changed | $7,499,000 | -6.2% | $2,430 / Sq Ft |
| 03/04/2024 03/04/24 | Price Changed | $7,995,000 | -1.9% | $2,591 / Sq Ft |
| 02/21/2024 02/21/24 | Price Changed | $8,150,000 | -4.1% | $2,641 / Sq Ft |
| 01/21/2024 01/21/24 | Price Changed | $8,495,000 | -4.5% | $2,753 / Sq Ft |
| 09/29/2023 09/29/23 | For Sale | $8,895,000 | -- | $2,882 / Sq Ft |
Source: MIAMI REALTORS® MLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $6,500,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $610,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $510,400 | New Conventional | |
| Previous Owner | $25,000 | Credit Line Revolving | |
| Previous Owner | $407,500 | New Conventional | |
| Previous Owner | $417,000 | New Conventional | |
| Previous Owner | $359,650 | Fannie Mae Freddie Mac | |
| Previous Owner | $550,000 | Unknown | |
| Previous Owner | $650,000 | New Conventional | |
| Previous Owner | $125,000 | Credit Line Revolving | |
| Previous Owner | $488,000 | New Conventional |
Source: Public Records
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Source: MIAMI REALTORS® MLS
MLS Number: A11770370
APN: 02-4205-002-0720
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