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    Palm Island 222 S Coconut Ln

    222 S Coconut Ln, Miami Beach, FL 33139

    $5,450,000for sale
    5 beds
    3.5 baths
    3,686 sf
    /sf
    $1,479.00
    Monthly cost
    -/mo
    Maintenance per month-
    Taxes per year$69,291
    WaterfrontYes
    TypeSingle Family
    MLSA10993333

    Listing Description

    PALM ISLAND UNIQUE WATERFRONT OPPORTUNITY TO WORK ON PLANS FOR A REMODEL OR NEW CONSTRUCTION WITH HEFTY RENTAL INCOME! Tenant Occupied through Aug 2022 @ $25,500/M. Here is your Opportunity to have any Construction Plans Designed & Approved whilst Receiving an Excellent Rental Income. This 7,000 Sq Ft Private Cul-de-Sac LOT on Palm Island Featuring 50' of Waterfrontage with Direct Ocean Access and Features Magnificent Skyline Views. Mediterranean Villa with High Ceilings Renovated in 2014 with 3,686 Sq Ft of Living Space Encompassing 5 Bedrooms + Office + 3.5 Baths with Fireplace & Laundry Room. Royal Palms Frame the Dock and Pool Deck Receiving Direct Sunlight All Day. Nestled between South Beach & Downtown with Gated Security, Park & Tennis courts. PALM ISLAND IS PERFECT FOR FAMILIES!

    Listing information courtesy of Luxe Living Realty. Source: A-Miami Association of REALTORS. Data updated 04/21/2021.

    Facts and Features

    Type
    Single Family
    Year Built
    1927
    Heating
    Central
    Cooling
    Central Air
    Parking
    Driveway
    Swimming pool
    Yes
    HOA
    Days on market
    58
    Status
    Active

    Features

    Bedrooms

    Beds: 5
    Bedroom Description: At Least 1 Bedroom Ground Level, Master Bedroom Upstairs
    Design: Detached,Two Story,Mediterranean

    Rooms Description:

    Den/Library/Office, Utility Room/Laundry

    Heating:

    Central

    Cooling:

    Central Air

    Equipment Appliances:

    Dishwasher, Dryer, Microwave, Gas Range, Refrigerator

    Windows Treatment:

    Clear Impact Glass

    Flooring

    Floor Description: Marble, Wood

    Interior features:

    Den/Library/Office

    Water Access:

    Private Dock, Dock Owned/Included, Private Dock

    Lot Description

    Lot: 7,000 sqft

    Building

    Parking

    Parking: Attached garage
    Parking description: Driveway

    Construction

    Construction Type:

    Concrete Block Construction

    Listing Type:

    Exclusive Right To Sell

    Property Type:

    Residential

    Style:

    House

    Roof Description:

    Barrel Roof

    Finance

    Taxes:

    $69,291

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    Palm Island Overview

    Avg. days on market
    178
    SF range
    2,440-11,650sf
    Price range for Sale
    $3m - 34m
    Price range for Rent
    $25k - 60k
    Median Sale price per sqft
    $2.4k
    Median Rent price per sqft
    $9.4
    Avg. Sale price
    $14m
    Avg. Rent price
    $41.6k
    Read more

    Palm Island Homes for Sale

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    built in
    1991
    Palm Island - 10 PALM AVENUE, Miami Beach, FL 33139
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    built in
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    built in
    2011
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