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  • 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.

    • Additional Details
      • Address276 S Coconut Ln
      • Bedrooms3
      • Bathrooms (full)3
      • Price$25,000,000
      • CityMiami Beach
      • MLS #A11054869
      • Property TypeResidential
      • Year Built1962
      • Property ClassResidential
      • Type of PropertyDetached, Other
      • StatusActive-Available
      • Waterfront?Yes
      • Water ViewOcean Access, No Fixed Bridges, Seawall
      • ViewOcean, Direct Ocean
      • SubdivisionRiviera 1st & 2nd Addn Am
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