Description

Gorgeous waterfront estate on exclusive Palm Island with guest house and 5 car garage. Enjoy sweeping bay views from your private dock, pool deck, and balconies. Designed for both grand entertaining and intimate living, the open-concept layout flows seamlessly from family room to the gourmet kitchen and wet bar—perfect for those looking for exclusivity, boat lovers, and families alike. A separate guest suite with its own full kitchen and bath offers privacy and flexibility for visiting family, staff, or long-term guests. Includes 5-car garage and 2 boat slips. Located on prestigious Palm Island, residents enjoy exclusive access to tennis courts, a covered playground, basketball court, picnic areas, and 24/7 guard-gated security—ensuring peace of mind and a true sense of community.

Address

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Address: Coconut Ln
City: Miami Beach
State/county: Miami-Dade County
Zip/Postal Code: 33139
Area: PALM ISLAND

Details

Updated on January 8, 2026 at 7:41 pm

Property ID A11864048
Price $34,000
Property Size 5202 Square Feet
Bedrooms 5
Bathrooms 6
Garages 5
Year Built 1958
Type Single Family Residence
Property Status Residential Lease

Additional details

ArchitecturalStyle First Floor Entry
AssociationAmenities Bar, Guard At Gate, Security Patrol
AvailabilityDate 2025-09-01
BathroomsFull 6
BathroomsHalf 0
BuildingAreaUnits Square Feet
BuildingName Palm Island
CarportSpaces 0
CommunityFeatures Lawn/Pool Maintenance, Tennis Court(s), Gated Community, Picnic Area, Security Patrol, Street Lights
ConstructionMaterials CBS Construction
ContractStatusChangeDate 2025-09-04
Cooling Ceiling Fan(s), Central Air, Electric
CoveredSpaces 5
DaysOnMarket 124
DirectionFaces South
Directions ENTER THROUGH GUARD GATE ONTO PALM ISLAND; TAKE 3RD EXIT IN ROUND ABOUT HEADING WEST ON PALM AVENUE; FIRST RIGHT ONTO N COCONUT LANE; HOUSE ON THE RIGHT.
ElementarySchool South Pointe
ExpirationDate 2026-08-28
Fencing Fenced
FireplaceFeatures Fireplace
Flooring Tile, Wood
FrontageLength 50
FrontageType Bay
Furnished Unfurnished
Heating Central, Electric
HighSchool Miami Beach
Inclusions Deeded Dock, Dock Available, Private Dock, Unrestricted Salt Water Access, Dock Owned/Included, Private Dock
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
LeaseAmountFrequency Monthly
LeaseConsideredYN 1
LeaseRenewalOptionYN 1
LeaseTerm 1 Year With Renewal Option, Short Term Lease
Levels 2
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 305-401-6100
ListingTerms Lease Option, Lease Option Available
LotFeatures 1/4 To Less Than 1/2 Acre Lot
LotSizeSquareFeet 7000
MLSAreaMajor Palm Island
MajorChangeTimestamp January 6, 2026 at 02:19pm
MajorChangeType Price Decrease
MiddleOrJuniorSchool Nautilus
MlsStatus Active
ModificationTimestamp January 6, 2026 at 02:19pm
OnMarketDate 2025-09-04
OriginalEntryTimestamp September 4, 2025 at 07:26pm
OriginalListPrice 47000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherEquipment Automatic Garage Door Opener, Natural Gas
OtherExpense 0
ParcelNumber 02-42-05-002-0150
ParkingFeatures Attached Carport, 2 Spaces, Additional Spaces Available, Electric Vehicle Charging Station(s), Parking Garage, On Street
PatioAndPorchFeatures Porch/Balcony, Deck, Open Balcony
PetsAllowed Yes
PhotosChangeTimestamp November 4, 2025 at 03:14am
PhotosCount 35
PoolFeatures In Ground
PostalCodePlus4 5161
PreviousListPrice 41000
PriceChangeTimestamp January 6, 2026 at 02:19pm
PropertyCondition Substantially Remodeled, Completely Renovated
PublicSurveyRange 42
PublicSurveySection 5
PublicSurveyTownship 42
Roof Barrel Roof
SecurityFeatures Smoke Detector, Gated with Guard, Security Patrol
Sewer Sewer
ShowingContactType Agent
ShowingInstructions Call Listing Agent, Showing Assist
SourceSystemKey 419627760
StateOrProvince FL
StatusChangeTimestamp September 4, 2025 at 07:26pm
Stories 2
StoriesTotal 2
StreetDirPrefix N
StreetName Coconut Ln
StreetNumber 257
StreetNumberNumeric 257
StructureType Single Family-Annual, House
SyndicationRemarks Gorgeous waterfront estate on exclusive Palm Island with guest house and 5 car garage. Enjoy sweeping bay views from your private dock, pool deck, and balconies. Designed for both grand entertaining and intimate living, the open-concept layout flows seamlessly from family room to the gourmet kitchen and wet bar—perfect for those looking for exclusivity, boat lovers, and families alike. A separate guest suite with its own full kitchen and bath offers privacy and flexibility for visiting family, staff, or long-term guests. Includes 5-car garage and 2 boat slips. Located on prestigious Palm Island, residents enjoy exclusive access to tennis courts, a covered playground, basketball court, picnic areas, and 24/7 guard-gated security—ensuring peace of mind and a true sense of community.
TaxLegalDescription RIVIERA 1ST & 2ND ADDN AMDPB 32-37LOT 16 & 20FT STRIP ADJ BLK 2 ALOT SIZE 50.000 X 140OR 17926-0863 1297 4
View Bay, Intracoastal View
WaterSource Municipal Water
WaterfrontFeatures Navigable Water, No Fixed Bridges, Ocean Access
WindowFeatures Blinds
YearBuiltDetails Resale
Zoning RS-4