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Off market
    • $8,692,500

    251 N Coconut Ln, Miami Beach, FL 33139

    5beds
    4,171sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $8,692,500 Zestimate®
    $2,084/sqft
    $37,850 Estimated rent

    Home value

    $8,692,500

    $7.65M - $9.82M

    $37,850/mo

    Zestimate® history
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    What's special

    Outdoor covered deckOver sized poolGarage privately gatedRenovated large kitchen

    Located on the prestigious Palm Island Waterfront Paradise! 2-story amazing waterfront 5 bedroom/ 4.5 bathroom, plus a garage privately gated house. This beautiful home was built in 2002 and renovated just recently. 20 foot ceilings large open living area with oversized impact windows showcasing the water views. Renovated large kitchen. 50 Ft Water Frontage for the yacht, Over Sized Pool, Outdoor covered deck, Over 4,100 Sqft Living Space

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Washer
    • Laundry: In Unit
    Interior area
    • Total interior livable area: 4,171 sqft

    Property

    Parking
    • Parking features: Attached
    • Has attached garage: Yes
    • Details: Contact manager
    Features
    • Exterior features: Bicycle storage, Other
    • Has private pool: Yes
    Details
    • Parcel number: 0242050020170

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & HOA

    Community
    • Deposit fee: $39,900
    HOA
    • Amenities included: Pool
    Location
    • Region: Miami Beach

    Financial & listing details

    • Price per square foot: $2,084/sqft
    • Tax assessed value: $6,891,647
    • Annual tax amount: $119,521
    • Date on market: 1/23/2026
    • Date available: 01/23/2026
    • Lease term: 1 Year

    Price history

    DateEventPrice
    1/26/2026Listing removed$39,900$10/sqft
    Source: Zillow Rentals Report a problem
    1/23/2026Listed for rent$39,900+6.4%$10/sqft
    Source: Zillow Rentals Report a problem
    6/29/2024Listing removed$12,500,000$2,997/sqft
    Source: MIAMI #A11475625 Report a problem
    3/15/2024Listing removed--
    Source: Zillow Rentals Report a problem
    3/4/2024Listing removed--
    Source: MIAMI #A11475625 Report a problem
    3/1/2024Listed for sale$12,500,000$2,997/sqft
    Source: MIAMI #A11475625 Report a problem
    1/3/2024Listed for rent$37,500+7.1%$9/sqft
    Source: Zillow Rentals Report a problem
    12/17/2023Listing removed--
    Source: MIAMI #A11475625 Report a problem
    11/20/2023Price change$35,000-5.4%$8/sqft
    Source: MIAMI #A11432638 Report a problem
    10/26/2023Listed for sale$12,500,000+142.7%$2,997/sqft
    Source: MIAMI #A11475625 Report a problem
    10/24/2023Listed for rent$37,000$9/sqft
    Source: MIAMI #A11432638 Report a problem
    10/2/2023Listing removed--
    Source: MIAMI #A11432638 Report a problem
    8/8/2023Listed for rent$37,000$9/sqft
    Source: MIAMI #A11432638 Report a problem
    6/10/2021Sold$5,150,000-6.3%$1,235/sqft
    Source: MIAMI #A10965869 Report a problem
    6/1/2021Pending sale$5,495,000$1,317/sqft
    Source: MIAMI #A10965869 Report a problem
    4/20/2021Listed for sale$5,495,000$1,317/sqft
    Source: Brown Harris Stevens #A10965869 Report a problem
    4/6/2021Contingent$5,495,000$1,317/sqft
    Source: MIAMI #A10965869 Report a problem
    3/23/2021Price change$5,495,000-6.1%$1,317/sqft
    Source: MIAMI #A10965869 Report a problem
    12/4/2020Listed for sale$5,850,000+1003.8%$1,403/sqft
    Source: Real Estate Sales Force #A10965869 Report a problem
    7/20/2000Sold$530,000+35.9%$127/sqft
    Source: Public Record Report a problem
    7/10/1998Sold$390,000+6.8%$94/sqft
    Source: Public Record Report a problem
    10/20/1995Sold$365,000$88/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$119,521 +7.8%$5,840,057 +10%
    2024$110,883 +12.7%$5,311,157 +10%
    2023$98,406 +15.2%$4,828,325 +10%
    2022$85,398 +39.2%$4,389,387 +43.7%
    2021$61,351 -0.5%$3,053,654 -0.2%
    2020$61,634 -0.3%$3,060,127 -0.2%
    2019$61,817 +10.7%$3,066,600 +5%
    2018$55,856 -4.1%$2,920,473 +10%
    2017$58,245 -1.2%$2,654,976 +10%
    2016$58,979 +15.3%$2,413,615 +10%
    2015$51,166 +18.8%$2,194,196 +10%
    2014$43,065 +22.2%$1,994,724 +10%
    2013$35,256 0%$1,813,386 +10%
    2012$35,256 +1.1%$1,648,533 +3.8%
    2011$34,856 +4.9%$1,588,287 +10%
    2010$33,232 -19%$1,443,898 -25.1%
    2009$41,017 -14.3%$1,926,613 -16.6%
    2007$47,861 +14.5%$2,310,096
    2006$41,782 --
    2005$41,782 +24.8%--
    2004$33,484 +152.6%--
    2003$13,258 +48.5%--
    2001$8,926 --
    Find assessor info on the county website

    Neighborhood: Palm Island

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    Estimated market value
    $8,692,500
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    Estimated market value
    $8,692,500

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