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Sold for $6,500,000
  • $6,500,000

    244 S Coconut Ln, Miami Beach, FL 33139

    4beds
    3,086sqft
    Single Family Residence
    Built in 1963
    8,400 Square Feet Lot
    $9,072,300 Zestimate®
    $2,106/sqft
    $16,499 Estimated rent

    Home value

    $9,072,300

    $7.80M - $10.61M

    $16,499/mo

    Zestimate® history
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    What's special

    Welcome to this waterfront mid-century modern gem in the prestigious police-guarded neighborhood of Palm Island in Miami Beach! Situated on an 8,400 SF lot with 60FT of water frontage, this 4 bedroom, 2.5 bathroom home offers panoramic views of the Downtown Miami skyline and breathtaking sunsets. The oversized primary suite features dual walk-in closets and spa-like bathroom. Additional bedrooms are expansive & boast water views. Enjoy quick and easy access to the open ocean, impact windows throughout, and spacious covered parking.

    Zillow last checked:

    Listing updated:

    Listed by:

    Liz Hogan 305-804-9700,

    Compass Florida, LLC,

    Daniel Toccin 305-343-7413,

    Compass Florida, LLC

    Bought with:

    Amber Warren, 3585822

    Cervera Real Estate Inc.

    Source: MIAMI,MLS#: A11461014MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Refrigerator, Self Cleaning Oven, Washer
    Features
    • Volume Ceilings, Walk-In Closet(s), Other
    • Flooring: Other
    • Doors: High Impact Doors
    • Windows: Clear Impact Glass, Complete Impact Glass, High Impact Windows, Impact Glass
    Interior area
    • Total structure area: 4,084
    • Total interior livable area: 3,086 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached Carport, Circular Driveway, Covered, Driveway
    • Carport spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Stories: 1
    • Entry location: First Floor Entry
    • Has view: Yes
    • View description: Bay, Canal, Intracoastal View, Water
    • Has water view: Yes
    • Water view: Bay,Canal,Intracoastal View,Water
    • Waterfront features: WF/Ocean Access, Canal Width 121 Feet Or More, Intracoastal Front, Ocean Access, Bay
    • Frontage type: Bay/Harbor
    • Frontage length: 60
    Lot
    • Size: 8,400 Square Feet
    • Features: Less Than 1/4 Acre Lot
    Details
    • Parcel number: 0242050020720
    • Zoning: 0100

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Concrete Block Construction
    • Roof: Flat Roof With Facade Front
    Condition
    • Year built: 1963

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Municipal Water

    Community & HOA

    Community
    • Features: Gated, Security Patrol, HOA
    • Subdivision: Riviera 1st & 2nd Addn Am
    HOA
    • Has HOA: Yes
    Location
    • Region: Miami Beach

    Financial & listing details

    • Price per square foot: $2,106/sqft
    • Tax assessed value: $6,803,959
    • Annual tax amount: $2,807
    • Date on market: 9/29/2023
    • Listing terms: All Cash,Conventional

    Price history

    DateEventPrice
    5/9/2025Listing removed$9,950,000$3,224/sqft
    Source: MIAMI #A11770370 Report a problem
    3/25/2025Listed for sale$9,950,000+53.1%$3,224/sqft
    Source: MIAMI #A11770370 Report a problem
    8/2/2024Sold$6,500,000-5.8%$2,106/sqft
    Source: MIAMI #A11461014 Report a problem
    6/20/2024Pending sale$6,899,000$2,236/sqft
    Source: MIAMI #A11461014 Report a problem
    5/29/2024Price change$6,899,000-4.8%$2,236/sqft
    Source: MIAMI #A11461014 Report a problem
    5/3/2024Price change$7,250,000-3.3%$2,349/sqft
    Source: MIAMI #A11461014 Report a problem
    4/10/2024Price change$7,499,000-6.2%$2,430/sqft
    Source: MIAMI #A11461084 Report a problem
    3/4/2024Price change$7,995,000-1.9%$2,591/sqft
    Source: MIAMI #A11461014 Report a problem
    2/21/2024Price change$8,150,000-4.1%$2,641/sqft
    Source: MIAMI #A11461084 Report a problem
    1/21/2024Price change$8,495,000-4.5%$2,753/sqft
    Source: MIAMI #A11461014 Report a problem
    9/29/2023Listed for sale$8,895,000+47981.1%$2,882/sqft
    Source: MIAMI #A11461014 Report a problem
    1/20/2016Sold$18,500-97%$6/sqft
    Source: Agent Provided Report a problem
    2/3/1999Sold$610,000$198/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$130,629 +4367%$6,803,959 +634.8%
    2024$2,924 $925,922 +3%
    2023$2,924 $898,954 +3%
    2022$2,924 +22.3%$872,771 +3%
    2021$2,391 $847,351 +1.4%
    2020$2,391 $835,652 +2.3%
    2019$2,391 +3.9%$816,865 +1.9%
    2018$2,300 $801,634 +2.1%
    2017$2,300 -11.9%$785,146 +2.1%
    2016$2,611 +70.3%$768,998 +0.7%
    2015$1,534 -5.6%$763,653 +0.8%
    2014$1,625 +7.6%$757,593 +1.5%
    2013$1,510 $746,398 +1.7%
    2012$1,510 +2.3%$733,922 +3%
    2011$1,476 +7.7%$712,546 +1.5%
    2010$1,371 -1.1%$702,016 +2.7%
    2009$1,385 -90.1%$683,560 +8%
    2007$14,026 -10.3%$632,989
    2006$15,634 --
    2005$15,634 +2.5%--
    2004$15,252 +2.2%--
    2003$14,920 +3.2%--
    2002$14,464 --
    2001$14,464 --
    Find assessor info on the county website

    Neighborhood: Palm Island

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $9,072,300
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $9,072,300