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277 N Coconut Ln, Miami Beach, FL, 33139

$8,495,000

5 Bedrooms
5 Full Baths, 1 Partial
2,608 SqFt
$3,257/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Detached, Garage
Garage2 spaces
Year Built1950
HeatingCentral
CoolingCentral Air
WaterfrontOcean Access, Other, Seawall
ViewIntercoastal, Ocean, Water
MLS #A11466958
StatusAccepting Backup Offers
(Active Under Contract)

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, new dock and a 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, Tub Shower

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Waterfront: Ocean Access, Other, Seawall
  • View: Intercoastal, Ocean, Water
  • Exterior: Balcony, Security/High Impact Doors, Outdoor Shower, Other

Parking Information:

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

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $8,495,000
  • Price Per SqFt: $3,257/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

$604.5K

Med. Price/SqFt

$600

Avg. Days On Market

101

# of Sold Homes

92

277 N Coconut Ln vs Miami Beach

403 DAYS ON ROCKET

+302 Days

$8,495,000

+$7.8M More

$3,257/SqFt

+$2.6K More

KEY TAKEAWAY

This property is $7.8M more than the Median Sold Price and $2.6K/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: 11/17/2024, 2:20:52 PM 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

$42.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$25.5K

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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.

Nearby Schools

school-card-donut-445023
9
/10
  • Miami Children's Museum Charter School

  • 980 MacArthur Cswy

  • 0.65 miles

  • Public Charter Grades KG-5

school-card-donut-445024
4
/10
  • Bridgeprep Academy of Greater Miami

  • 137 NE 19th St

  • 1.80 miles

  • Public Charter Grades KG-5

school-card-donut-445025
6
/10
  • South Pointe Elementary School

  • 1050 4th St

  • 1.81 miles

  • Public District Grades PK-5

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+. Typical family type 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 $8,495,000.

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?

Accepting Backup Offers: 277 N Coconut Ln is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

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 $8,495,000.

In October 2024, from all listings sold in Miami Beach, FL there were more than 6 sold above asking price, over 77 sold below and more than 9 were sold right at the asked price. Between September 2024 and October 2024, Miami Beach, FL real estate market has seen increase in the number of listings by 15.1%. In October 2024, listings were on the market for 101 days. During the same period, the median list price in this real estate market was $604,583.

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

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