266 S Coconut Ln, Miami Beach, FL 33139

$25,000,000
6
BD
3
BA
5,441
SqFt
List Price
$25,000,000
Price Change
▲ $4,000,000 1628890627
MLS#
A11054696
Subdivision
Riviera 1st & 2nd Addn Am
Status
ACTIVE
Type
Single Family Residential
Bedrooms
6
Full baths
3
Living Area
5,441

Property Description

Opportunity to build up to & potentially subdivide three homes with 150' linear ft of waterfrontage. Spectacular & premier downtown Miami skyline views. Half acre (150' wide by 140' deep) on newly restored 24/7 guard gated Palm Island. Two homes, with 276 S Coconut currently long-term leased at $15K/month. Sale includes both 266 & 276 S Coconut Lane. 266 has a double-sized lot, 100 ft water frontage w/newer Dock, open floorplan, high ceilings and a Grand Master Suite. Zoned RS-4: Options are a) build a single home up to 10,500 SF or b) divide lots and build three new separate homes, or c) keep as is and renovate the two existing homes.

Additional Information

Days on Market
99
View
Ocean, Direct Ocean
Waterfront Description
Ocean Access, No Fixed Bridges, Seawall
Tax Amount
$113,409
Water Access
Dock Available
Pool
Yes
Parcel Number
02-42-05-002-0671
Pool Description
In Ground
Bedroom Description
Other
Front Exposure
Southwest
Lot Size
21,000
Exterior Features
Fruit Trees, Other
Parking Restrictions
Other
Address
266 S Coconut Ln, Miami Beach
SqFt Liv Area
5,441
Year Built
1972
Design
Detached, Other
Development Name
Riviera 1st & 2nd Addn Am
Style
House
Construction Type
Other
Interior Features
Other
Section
5

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Calculator source: Real Geeks

Listing courtesy of One Sotheby's International Realty.