6 months on rocket

277 N Coconut Ln, Miami Beach, FL, 33139

$8,100,000

5 Bedrooms
5 Full Baths, 1 Partial
2,608 SqFt
$3,106/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Detached, Garage
Garage2 spaces
Year Built1950
HeatingCentral
CoolingCentral Air
WaterfrontBay Front
ViewBay, Intercoastal
MLS #A11466958
StatusActive

About 277 N Coconut Ln

This spectacular waterfront home has been totally renovated with a construction upgrade of a new entrance and third floor railings in 2019. All the bedrooms are in suites and facing the open bay. 5 bed 5 1/2 bath with rooftop terraces. 36 x 24 CARIBBEAN BLUE marble & wood floors throughout. Beautiful kitchen with top of the line appliances, granite counter tops, impact windows, storage room, sound system, brand new back-up generator installed in 2023, solar heated pool, new dock and new 50 linear foot seawall. New floating lift that holds up to 25, 000 lbs, and a floating dock for 2 jet ski. The Second and third floor of the house were built in 1989. With breathtaking views this beautiful property is ready for a new owner. Come enjoy the gorgeous view of the bay, and Miami.

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Living Area: 2,608 SqFt

Listing Office:

  • Office Name: Compass Florida, LLC.
  • Office Phone: (305) 972-6218
  • Listing Agent: Yohane Carcases

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Trash Compactor, Washer
  • Flooring Type: Marble
  • Interior: Bedroom on Main Level, First Floor Entry

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Bay Front
  • View: Bay, Intercoastal
  • Exterior: Balcony, Security/High Impact Doors, Outdoor Shower, Other

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Driveway, Detached, Garage

Virtual/3D Tour

  • Virtual Tour: 277 N Coconut Ln

Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

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: $8,100,000
  • Price Per SqFt: $3,106/SqFt

Tax Information:

  • Annual Amount: $59,956
  • 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

277 N Coconut Ln vs Miami Beach

199 DAYS ON ROCKET

+114 Days

$8,100,000

+$7.5M More

$3,106/SqFt

+$2.5K More

KEY TAKEAWAY

This property is $7.5M more than the Median Sold Price and $2.5K/SqFt more than other homes in Miami Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11466958

Listing Office:

  • Office Name: Compass Florida, LLC.
  • Office Phone: (305) 972-6218
  • Listing Agent: Yohane Carcases

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, 2:25:14 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$59,956$2,973,435
2018$58,431$2,985,023
2017$67,297$3,396,817

History based on county public records data.

Payment Calculator

$40.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$24.3K

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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-995936
6
/10
  • South Pointe Elementary School

  • 1050 4th St

  • 1.81 miles

  • Public District Grades PK-5

Middle School

school-card-donut-995937
5
/10
  • Nautilus Middle School

  • 4301 N Michigan Ave

  • 3.02 miles

  • Public District Grades 6-8

High School

school-card-donut-995938
5
/10
  • Miami Beach Senior High School

  • 2231 Prairie Ave

  • 2.32 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. Most Miami Beach, FL residents have annual incomes $200k+. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 277 N Coconut Ln

What is the listing price of this property?

The listing price of 277 N Coconut Ln property is $8,100,000.

What type of property is this?

The property 277 N Coconut Ln is a house located in Miami Beach, Florida, 33139.

Is this property for sale now?

Active Listing: 277 N 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 277 N 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 $59,956 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 277 N Coconut Ln has 5 bedrooms and 5 full and 1 half bathrooms.

What is the square footage of this property?

The property 277 N Coconut Ln is 2,608 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 277 N Coconut Ln is 1950.
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Rocket HomesFloridaMiami-Dade CountyMiami Beach33139277 N Coconut Ln

This home is located at 277 N Coconut Ln in Miami Beach, FL and zip code 33139 in the Palm Island neighborhood. This 2,608 square foot home was built in 1950. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since October 10, 2023 and is currently priced at $8,100,000.

Miami Beach, FL housing market in March 2024 saw over 6 listings sold above listed price, more than 12 sold at listed price and over 118 sold below. The number of listings in Miami Beach, FL increased by 8.6% between February 2024 and March 2024. In March 2024 median list price was $569,797 and the average listing age was 85 days.

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

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