9 months on rocket

316 S Coconut Ln, Miami Beach, FL, 33139

$10,770,000

4 Bedrooms
4 Full Baths, 1 Partial
2,767 SqFt
$3,892/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1940
HeatingCentral, Electric
CoolingCentral Air, Electric
WaterfrontBay Front, Ocean Access
ViewBay
MLS #A11407747
StatusActive

About 316 S Coconut Ln

Discover this amazing opportunity to build your dream home or renovate the existing 2-story waterfront home on the coveted Western tip of Palm Island offering stunning unobstructed views of the Miami Skyline & Biscayne Bay. Sports travertine & original wood flooring, large family/entertainment room & open living area w/direct access to pool deck & water views. Open kitchen w/eat-in center island & adjacent dining area. Spacious 2nd floor principal suite boasts custom closet spaces & lounge area that overlooks the city & bay. The outdoor spaces designed to entertain featuring a heated pool, comfortable seating areas, and a covered porch with al fresco dining table to enjoy stunning sunsets over Biscayne Bay. Boaters will enjoy 78’ of waterfront, a large private dock & easy ocean access.

Property Details

Property Features

Property Information:

  • Architectural Style: Detached, Two Story
  • Year Built: 1940
  • Stories: 2
  • Living Area: 2,767 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (305) 672-6300
  • Listing Agent: Jill Eber

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Refrigerator
  • Flooring Type: Marble, Wood
  • Interior: Dual Sinks, Living/Dining Room, Separate Shower, Upper Level Primary, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Bay Front, Ocean Access
  • View: Bay
  • Exterior: Lighting, Patio

Parking Information:

  • Parking: Driveway

Virtual/3D Tour

  • Virtual Tour: 316 S Coconut Ln

Virtual Tour

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

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: $10,770,000
  • Price Per SqFt: $3,892/SqFt

Tax Information:

  • Annual Amount: $66,205
  • 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

316 S Coconut Ln vs Miami Beach

278 DAYS ON ROCKET

+193 Days

$10,770,000

+$10.2M More

$3,892/SqFt

+$3.3K More

KEY TAKEAWAY

This property is $10.2M more than the Median Sold Price and $3.3K/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: #A11407747

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (305) 672-6300
  • Listing Agent: Jill Eber

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: 4/18/2024, 12:25:14 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$66,205$3,296,256
2018$66,917$3,436,328
2017$77,748$3,945,615

History based on county public records data.

Payment Calculator

$53.8K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$32.3K

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NMLS#3030

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-588573
6
/10
  • South Pointe Elementary School

  • 1050 4th St

  • 1.88 miles

  • Public District Grades PK-5

Middle School

school-card-donut-588574
5
/10
  • Nautilus Middle School

  • 4301 N Michigan Ave

  • 3.10 miles

  • Public District Grades 6-8

High School

school-card-donut-588575
5
/10
  • Miami Beach Senior High School

  • 2231 Prairie Ave

  • 2.41 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. Residents of Miami Beach, FL typically earn $200k+ each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 316 S Coconut Ln

What is the listing price of this property?

The listing price of 316 S Coconut Ln property is $10,770,000.

What type of property is this?

The property 316 S Coconut Ln is a house located in Miami Beach, Florida, 33139.

Is this property for sale now?

Active Listing: 316 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 316 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 $66,205 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 316 S Coconut Ln has 4 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 316 S Coconut Ln is 2,767 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 316 S Coconut Ln is 1940.
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Rocket HomesFloridaMiami-Dade CountyMiami Beach33139316 S Coconut Ln

This home is located at 316 S Coconut Ln in Miami Beach, FL and zip code 33139 in the Palm Island neighborhood. This 2,767 square foot home was built in 1940. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since July 14, 2023 and is currently priced at $10,770,000.

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. The median list price of listings available in March 2024 was $569,797, while the average time on the real estate market was 85 days.

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

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