Welcome to Palm Island, a place where life slows down the moment you drive through the gates. Four-car garage with a lift for a fifth. Newly renovated inside and out, this waterfront pool home has amazing views of Hibiscus Island and the bay. Inside, the home is warm, open, and designed for real living with all-new furnishings. The family room flows into a beautiful gourmet kitchen, making it easy to cook, gather, and entertain. The pool deck overlooks wide bay views, and the private dock with two boat slips means your boat is always ready for a spontaneous sunset cruise. Included is a guest house for a separate office, visiting family, long-term guests, or staff who need their own space with its own full kitchen and bath, giving everyone privacy without feeling disconnected. But what really makes this home special is the community. Palm Island is quiet, safe, and incredibly welcoming neighborhood. You get 24/7 guard-gated security, tennis courts, a covered playground, basketball court, picnic areas, and the famous Halloween Party. It feels tucked away, yet you're minutes from South Beach, Downtown, Brickell, I95 and the airport. This is a home for someone who wants comfort, space, and the full Miami waterfront lifestyle without sacrificing warmth or privacy. A true Palm Island gem, ready to enjoy.
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House for rent
$75,000/moFees may apply
257 N Coconut Ln, Miami Beach, FL 33139
5beds
5,202sqft
Price may not include required fees and charges. Learn more|
Singlefamily
Available Sat Aug 1 2026
Cats, dogs OK
What's special
Waterfront pool homeAll-new furnishings
- 21 days |
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Listing updated:
Travel times
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Features
- Cooking Island, Den/Library/Office, First Floor Entry, Media Room, Roman Tub, Separate Guest/In-Law Quarters, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
Interior area
- Total interior livable area: 5,202 sqft
Property
Parking
- Details: Contact manager
Features
- Stories: 2
- Pool features: In Ground
Details
- Parcel number: 0242050020150
Construction
Type & style
- Home type: SingleFamily
- Property subtype: SingleFamily
Condition
- Year built: 1958
Community & HOA
Location
- Region: Miami Beach
Financial & listing details
- Lease term: 1 Year With Renewal Option,More Than 1 Year
Nearby apartments for rent
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Listed for rent | $75,000+120.6%$14/sqft |
Source:  MIAMI Report a problem | ||
| 1/27/2026 | Listing removed | $34,000$7/sqft |
Source: MIAMI #A11864048 Report a problem | ||
| 1/6/2026 | Price change | $34,000-17.1%$7/sqft |
Source: MIAMI #A11864048 Report a problem | ||
| 10/9/2025 | Price change | $41,000-12.8%$8/sqft |
Source: MIAMI #A11864048 Report a problem | ||
| 9/4/2025 | Listed for rent | $47,000+88%$9/sqft |
Source: MIAMI #A11864048 Report a problem | ||
| 12/16/2018 | Listing removed | $25,000$5/sqft |
Source: Owner Report a problem | ||
| 6/14/2018 | Price change | $25,000+16.3%$5/sqft |
Source: Douglas Elliman #A10486365 Report a problem | ||
| 10/16/2017 | Listed for rent | $21,500+10.3%$4/sqft |
Source: Douglas Elliman #A10348898 Report a problem | ||
| 5/10/2017 | Listing removed | $19,500$4/sqft |
Source: Douglas Elliman #A10196183 Report a problem | ||
| 4/30/2017 | Sold | $18,000-99.6%$3/sqft |
Source: Agent Provided Report a problem | ||
| 4/25/2017 | Listed for rent | $19,500$4/sqft |
Source: Douglas Elliman #A10196183 Report a problem | ||
| 7/28/2016 | Sold | $5,000,000-11.1%$961/sqft |
Source: Public Record Report a problem | ||
| 4/27/2016 | Price change | $5,625,000-4.7%$1,081/sqft |
Source: Douglas Elliman #A2204418 Report a problem | ||
| 3/10/2016 | Price change | $5,900,000-9.2%$1,134/sqft |
Source: Douglas Elliman #A2204418 Report a problem | ||
| 12/9/2015 | Listed for sale | $6,500,000$1,250/sqft |
Source: Douglas Elliman #A2204418 Report a problem | ||
| 11/30/2015 | Pending sale | $6,500,000$1,250/sqft |
Source: Douglas Elliman #A2204418 Report a problem | ||
| 11/17/2015 | Listed for sale | $6,500,000+19.3%$1,250/sqft |
Source: Douglas Elliman Report a problem | ||
| 9/22/2015 | Listing removed | $5,450,000$1,048/sqft |
Source: ONE Sotheby's International Realty #A2100865 Report a problem | ||
| 4/14/2015 | Listed for sale | $5,450,000+1457.1%$1,048/sqft |
Source: ONE Sotheby's International Realty #A2100865 Report a problem | ||
| 11/9/1993 | Sold | $350,000$67/sqft |
Source: Public Record Report a problem | ||
Neighborhood: Palm Island
Nearby schools
GreatSchools rating
- 9/10South Pointe Elementary SchoolGrades: PK-5Distance: 1.8 mi
- 5/10Nautilus Middle SchoolGrades: 6-8Distance: 3 mi
- 5/10Miami Beach Senior High SchoolGrades: 9-12Distance: 2.3 mi
