Waterfront
Address
266 S Coconut LN Miami Beach, FL
Price
$ 20,000,000
Property Attributes
  • MLS#A10944384
  • TypeLand
  • CountyMIAMI-DADE
  • CityMiami Beach
  • Area42
  • NeighborhoodRIVIERA 1ST & 2ND ADDN AM
  • Zip33139
  • StyleResidential
  • Price$ 20,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.49 Acres
Listing Provided Courtesy Of:
Westside Estate Agency Florida
Data Source:
Southeast Florida MLS SEFMLS
Property Description

EXTREMELY RARE OPPORTUNITY to build your estate on 150' on water on a square half acre (150' wide by 140' deep) with the very best views of downtown Miami from prestigious Palm Island. Collect rent from the 2 homes while you prepare plans and obtain building permits. Sale includes both 266 & 276 S Coconut Lane. 276 is rented for $15k/mo until Oct 31, 2021 with a 12 month option to extend and 266 is owner occupied but would leaseback if of interest to buyer. Zoned RS-4: Options are a) build a single home up to 10,500 SF, or b) divide lots and build 3 new separate homes, or c) keep as is and renovate the 2 existing homes.

Price History
10/17/2020 Listed $20,000,000

General Features

Community Features TennisCourts
MLS Area 42
Property SubType Residential
Property Type Land
Sewer PublicSewer
Terms Cash, Conventional
Waterfront Features BayFront, NoFixedBridges, OceanAccess, Seawall
Zoning Description 0100

Exterior Features

Covered Spaces 0.0
Frontage Length 150
Lot Features Item14to12AcreLot
Lot Size Acres 0.49
Lot Size Area 21000.0
Lot Size Square Feet 21000.0
Lot Size Units SquareFeet
Number of Lots 2
Water Source Public
Waterfront Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33139

Price
AVG $6.49M
$20M
Visits
AVG 142
210
Walkscore
AVG 63
6
Data Provided by Walkscore ® not using MLS data

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