Opportunity to build up to & potentially subdivide three homes

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Home Off Market

266 S Coconut Ln

Miami Beach, Florida 33139

Miami-Dade County

Waterfront: Yes

Community: RIVIERA 1ST & 2ND ADDN AM

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$29,900,000 0 br, 0.0 bath 0 sq. ft. 0.480 acres

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

Interior:
  • Bedrooms: 0
  • Baths: 0.0
  • Sq Ft: 0
  • Year Built: 0
  • Utilities: 
  • Fireplaces: 
  • Stories: 
  • Heat/AC: 
  • Garage: 
Exterior:
  • Lot Size: 0.480 acre
  • Lot Dimensions: 
  • Waterfront: Yes
  • View Types: 
  • Yard: 
  • Siding: 
  • Roof: Unknown
  • Property Taxes: $113,409
  • MLS #: A11055300
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Contact Information:
Beach Home Off Market in Miami Beach, Florida
Ad Number: 1624187
Viewed 163 times.
Updated: Jan 21, 2022

This property is a Home located at 266 S Coconut Ln, Miami Beach, Florida 33139, and is currently Off Market at $29,900,000. This Home has 0 bedrooms, 0.0 baths, 0 sq ft.

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