7 months on rocket

244 S Coconut Ln, Miami Beach, FL, 33139

$7,499,000

0.19 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeResidential
WaterfrontBay Front, Canal, Water Access, Ocean Access
MLS #A11461084
Lot Size0.19 Acres
StatusActive

About 244 S Coconut Ln

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.

Property Details

Property Features

Listing Office:

  • Office Name: Compass Florida, LLC
  • Office Phone: (305) 851-2820
  • Listing Agent: Liz Hogan

Exterior Features

Exterior Information:

  • Waterfront: Bay Front, Canal, Water Access, Ocean Access
  • Exterior: Security/High Impact Doors

Virtual/3D Tour

  • Virtual Tour: 244 S Coconut Ln

Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

School Info

Assigned Schools Information:

  • Miami Beach Senior High School, Public District Grades 9-12
  • Nautilus Middle School, Public District Grades 6-8
  • South Pointe Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $7,499,000

Tax Information:

  • Annual Amount: $2,391
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Miami Beach, FL.

Med. Sold Price

$569.7K

Med. Price/SqFt

$574

Avg. Days On Market

85

# of Sold Homes

136

244 S Coconut Ln vs Miami Beach

210 DAYS ON ROCKET

+125 Days

$7,499,000

+$6.9M More

KEY TAKEAWAY

This property is $6.9M more than the Median Sold Price in Miami Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11461084

Listing Office:

  • Office Name: Compass Florida, LLC
  • Office Phone: (305) 851-2820
  • Listing Agent: Liz Hogan

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 7:25:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,391$835,652
2018$2,300$801,634
2017$2,611$785,146

History based on county public records data.

Payment Calculator

$37.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$22.5K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1082790
6
/10
  • South Pointe Elementary School

  • 1050 4th St

  • 1.74 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1082791
5
/10
  • Nautilus Middle School

  • 4301 N Michigan Ave

  • 3.11 miles

  • Public District Grades 6-8

High School

school-card-donut-1082792
5
/10
  • Miami Beach Senior High School

  • 2231 Prairie Ave

  • 2.36 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $102,500. Typical income of Miami Beach, FL residents is $200k+ annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 244 S Coconut Ln

What is the listing price of this property?

The listing price of 244 S Coconut Ln property is $7,499,000.

What type of property is this?

The property 244 S Coconut Ln is land located in Miami Beach, Florida, 33139.

Is this property for sale now?

Active Listing: 244 S Coconut Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 244 S Coconut Ln are:
South Pointe Elementary School: GreatSchools Rating 6/10
Nautilus Middle School: GreatSchools Rating 5/10
Miami Beach Senior High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,391 (source: MLS/based on county public records data).

How much acreage is this property?

The property 244 S Coconut Ln is 0.19 acres.
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Rocket HomesFloridaMiami-Dade CountyMiami Beach33139244 S Coconut Ln

This home is located at 244 S Coconut Ln in Miami Beach, FL and zip code 33139 in the Palm Island neighborhood. This home sits on a 0.19 acre lot. It has been listed on Rocket Homes since September 29, 2023 and is currently priced at $7,499,000.

In March 2024, from all listings sold in Miami Beach, FL there were more than 6 sold above asking price, over 118 sold below and more than 12 were sold right at the asked price. In March 2024 in Miami Beach, FL there were 8.6% more homes for sale than in February 2024. In March 2024, listings were on the market for 85 days. During the same period, the median list price in this real estate market was $569,797.

From Rocket Homes Real Estate and based on county public records data.

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