2 months on rocket

316 S Coconut Ln, Miami Beach, FL, 33139

$13,770,000

4 Bedrooms
4 Full Baths, 1 Partial
2,340 SqFt
$5,885/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingCovered
Year Built1940
HeatingOther
CoolingCentral Air
WaterfrontBay Front
ViewBay
MLS #A11672207
StatusActive

About 316 S Coconut Ln

Experience the chance to build your dream home or update the current 2-story waterfront residence on Palm Island’s sought-after western tip, showcasing panoramic views of the Miami skyline and Biscayne Bay. The home features travertine and original wood floors, a spacious family room, and an open living area with direct access to the pool deck. The open kitchen offers a center island and an adjacent dining area. The 2nd-floor primary suite includes custom closets and a lounge area overlooking the city and bay. Outdoors, enjoy a heated pool, seating areas, and covered porch. Boaters will appreciate 78’ of waterfront, private dock, and easy ocean access.

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1940
  • Stories: 2
  • Living Area: 2,340 SqFt

Listing Office:

  • Office Name: Sterling Equity Realty LLC
  • Office Phone: (305) 804-4848
  • Listing Agent: Greg Mirmelli

Interior Features

Interior Information:

  • Appliances: Other
  • Flooring Type: Other
  • Interior: Bedroom on Main Level

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Waterfront: Bay Front
  • View: Bay
  • Exterior: Other

Parking Information:

  • Parking: Covered

Virtual/3D Tour

  • Virtual Tour: 316 S Coconut Ln
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Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $13,770,000
  • Price Per SqFt: $5,885/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

$617.5K

Med. Price/SqFt

$605

Avg. Days On Market

97

# of Sold Homes

73

316 S Coconut Ln vs Miami Beach

72 DAYS ON ROCKET

-25 Days

$13,770,000

+$13.1M More

$5,885/SqFt

+$5.2K More

KEY TAKEAWAY

This property is $13.1M more than the Median Sold Price and $5.2K/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: #A11672207

Listing Office:

  • Office Name: Sterling Equity Realty LLC
  • Office Phone: (305) 804-4848
  • Listing Agent: Greg Mirmelli

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: 12/18/2024, 8:20:50 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

$68.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$41.3K

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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.

Nearby Schools

school-card-donut-4467507
9
/10
  • Miami Children's Museum Charter School

  • 980 MacArthur Cswy

  • 0.57 miles

  • Public Charter Grades KG-5

school-card-donut-4467508
4
/10
  • Bridgeprep Academy of Greater Miami

  • 137 NE 19th St

  • 1.73 miles

  • Public Charter Grades KG-5

school-card-donut-4467509
6
/10
  • South Pointe Elementary School

  • 1050 4th St

  • 1.89 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. Residents of Miami Beach, FL typically earn $200k+ each year. Typical family type is single, no kids. 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 $13,770,000.

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 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 2,340 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 2,340 square foot home was built in 1940. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since October 07, 2024 and is currently priced at $13,770,000.

While more than 2 listings in Miami Beach, FL in November 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 65 were sold below. The number of homes for sale in Miami Beach, FL increased by 14.3% between October 2024 and November 2024. The median list price of listings available in November 2024 was $617,500, while the average time on the real estate market was 97 days.

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

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