266 S Coconut Ln, Miami Beach, Fl

$21,000,000
6
Bedrooms
3
Bathrooms
5 441
ft2
21 000
ft2
ONE Sotheby's International Realty
Listed on June 16, 2021 2 Views 3 Saves

Description

Opportunity to build up to and potentially subdivide three homes with 150' linear feet of waterfrontage. Spectacular and premier downtown Miami skyline views. Half acre (150' wide by 140' deep) on newly restored 24 hours and 7 days guard gated Palm Island. Two homes, with 276 S Coconut currently long-term leased at $15K/month. Sale includes both 266 and 276 S Coconut Lane. 266 has a double-sized l…
Opportunity to build up to and potentially subdivide three homes with 150' linear feet of waterfrontage. Spectacular and premier downtown Miami skyline views. Half acre (150' wide by 140' deep) on newly restored 24 hours and 7 days guard gated Palm Island. Two homes, with 276 S Coconut currently long-term leased at $15K/month. Sale includes both 266 and 276 S Coconut Lane. 266 has a double-sized lot, 100 feet water frontage with 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 Square Feet or b) divide lots and build three new separate homes, or c) keep as is and renovate the two existing homes.

Amenities

Lot

Waterfront

Price Insights

new

Building Info

Year build
1972
Property type
House

Location

266 S Coconut Ln, Miami Beach, FL 33139, Miami Beach, Florida, United States

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For sale by

Registered on JamesEdition
2015
Address
119 Washington Ave. Suite 102, Miami Beach, FL, United States
Listing Reference
JBN2R6

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