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Sold for $8,910,000
    • $8,910,000

    316 S Coconut Ln, Miami Beach, FL 33139

    4beds
    2,340sqft
    Single Family Residence
    Built in 1940
    8,736 Square Feet Lot
    $8,773,700 Zestimate®
    $3,808/sqft
    $8,411 Estimated rent

    Home value

    $8,773,700

    $7.63M - $10.09M

    $8,411/mo

    Zestimate® history
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    What's special

    Experience the chance to build your dream home or update the current 2-story waterfront residence on Palm Island’s sought-after western tip, showcasing panoramic views of the Miami skyline and Biscayne Bay. The home features travertine and original wood floors, a spacious family room, and an open living area with direct access to the pool deck. The open kitchen offers a center island and an adjacent dining area. The 2nd-floor primary suite includes custom closets and a lounge area overlooking the city and bay. Outdoors, enjoy a heated pool, seating areas, and covered porch. Boaters will appreciate 78’ of waterfront, private dock, and easy ocean access.

    Zillow last checked:

    Listing updated:

    Listed by:

    Greg Mirmelli 305-401-4800,

    Sterling Equity Realty LLC,

    Daniel Bortunk 786-897-5591,

    Sterling Equity Realty LLC

    Bought with:

    Amber Warren, 3585822

    Cervera Real Estate Inc.

    Source: MIAMI,MLS#: A11672207MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Other
    Cooling
    • Central Air
    Appliances
    • Included: Other
    Features
    • Other
    • Flooring: Other
    Interior area
    • Total structure area: 3,061
    • Total interior livable area: 2,340 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Covered
    • Carport spaces: 2
    Features
    • Stories: 2
    • Exterior features: Other
    • Has private pool: Yes
    • Pool features: In Ground
    • Has view: Yes
    • View description: Bay
    • Has water view: Yes
    • Water view: Bay
    • Waterfront features: WF/Pool/No Ocean Access, Bay
    • Frontage type: Bay/Harbor
    • Frontage length: 78
    Lot
    • Size: 8,736 Square Feet
    • Features: Less Than 1/4 Acre Lot
    Details
    • Parcel number: 0242050020570
    • Zoning: 0100
    • Other equipment: Other

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Other
    • Roof: Other
    Condition
    • Year built: 1940

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Municipal Water

    Community & HOA

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

    Financial & listing details

    • Price per square foot: $3,808/sqft
    • Tax assessed value: $7,330,374
    • Annual tax amount: $85,698
    • Date on market: 10/6/2024
    • Listing terms: All Cash,Conventional

    Price history

    DateEventPrice
    3/20/2026Listing removed$45,000$19/sqft
    Source: MIAMI #A11881640 Report a problem
    9/19/2025Listed for rent$45,000-8.2%$19/sqft
    Source: MIAMI #A11881640 Report a problem
    6/1/2025Listing removed$49,000$21/sqft
    Source: MIAMI #A11436906 Report a problem
    5/29/2025Sold$8,910,000-15.1%$3,808/sqft
    Source: MIAMI #A11672207 Report a problem
    2/25/2025Price change$10,500,000-10.8%$4,487/sqft
    Source: MIAMI #A11672207 Report a problem
    2/4/2025Price change$49,000-24.6%$21/sqft
    Source: MIAMI #A11436906 Report a problem
    1/30/2025Price change$11,770,000+9.3%$5,030/sqft
    Source: MIAMI #A11672207 Report a problem
    1/24/2025Price change$10,770,000-12.9%$4,603/sqft
    Source: MIAMI #A11672207 Report a problem
    1/12/2025Price change$12,360,000-10.2%$5,282/sqft
    Source: MIAMI #A11672207 Report a problem
    11/15/2024Price change$65,000+32.7%$28/sqft
    Source: MIAMI #A11436906 Report a problem
    10/15/2024Price change$49,000+9.1%$21/sqft
    Source: MIAMI #A11436906 Report a problem
    10/7/2024Listed for sale$13,770,000+27.9%$5,885/sqft
    Source: MIAMI #A11672207 Report a problem
    7/25/2024Price change$44,900+12.9%$19/sqft
    Source: MIAMI #A11436906 Report a problem
    6/29/2024Listing removed$10,770,000$4,603/sqft
    Source: MIAMI #A11407747 Report a problem
    6/25/2024Price change$39,770-16.6%$17/sqft
    Source: MIAMI #A11436906 Report a problem
    6/21/2024Price change$47,700-2.7%$20/sqft
    Source: MIAMI #A11436906 Report a problem
    5/6/2024Price change$49,000-16.9%$21/sqft
    Source: MIAMI #A11436906 Report a problem
    2/22/2024Price change$59,000-5.6%$25/sqft
    Source: MIAMI #A11436906 Report a problem
    2/8/2024Price change$10,770,000+10.2%$4,603/sqft
    Source: MIAMI #A11407747 Report a problem
    11/14/2023Price change$9,770,000-5.7%$4,175/sqft
    Source: MIAMI #A11407747 Report a problem
    11/3/2023Price change$10,360,000-3.8%$4,427/sqft
    Source: MIAMI #A11407747 Report a problem
    8/21/2023Price change$10,770,000-1.2%$4,603/sqft
    Source: MIAMI #A11407747 Report a problem
    8/16/2023Listed for rent$62,500$27/sqft
    Source: MIAMI #A11436906 Report a problem
    7/14/2023Listed for sale$10,900,000+122.4%$4,658/sqft
    Source: MIAMI #A11407747 Report a problem
    1/15/2021Sold$4,900,000+25.6%$2,094/sqft
    Source: MIAMI #A10917107 Report a problem
    4/24/2019Sold$3,900,000+58%$1,667/sqft
    Source: Public Record Report a problem
    10/24/2016Sold$2,468,800+257.8%$1,055/sqft
    Source: Public Record Report a problem
    9/22/1998Sold$690,000$295/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$140,504 +60.2%$7,330,374 +61%
    2024$87,728 +2.4%$4,554,116 +3%
    2023$85,698 +3.5%$4,421,472 +3%
    2022$82,806 +19.2%$4,292,692 +23.5%
    2021$69,496 +5%$3,475,482 +5.4%
    2020$66,205 -4%$3,296,256 -4%
    2019$68,932 +3%$3,433,731 -0.1%
    2018$66,918 $3,436,328 -12.9%
    2017$66,918 -13.9%$3,945,615 +191.2%
    2016$77,748 +183.8%$1,354,941 +0.7%
    2015$27,391 -1.9%$1,345,523 +0.8%
    2014$27,929 +2.8%$1,334,845 +1.5%
    2013$27,157 $1,315,119 +1.7%
    2012$27,157 +2%$1,293,136 +3%
    2011$26,629 -18.3%$1,255,472 -13.7%
    2010$32,585 -13.5%$1,455,206 -19.4%
    2009$37,678 +4.5%$1,804,582 +4.6%
    2007$36,062 -11.5%$1,725,272
    2006$40,762 --
    2005$40,762 +14.8%--
    2004$35,499 +48.5%--
    2003$23,905 +41.9%--
    2002$16,846 --
    2001$16,846 --
    Find assessor info on the county website

    Neighborhood: Palm Island

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    Estimated market value
    $8,773,700
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    Estimated market value
    $8,773,700

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