266 S Coconut Ln, Miami Beach, Florida, 33139

266 S Coconut Ln
Miami Beach FL 33139

Property

Ownership: For Sale
Type: Residential
Bedrooms: 6 BR
Bathrooms: 3
Pets: Pets Allowed
Area: 5441 sq ft

Financials

Price: $21,000,000
Annual Taxes: $113,409
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Courtesy of One Sotheby's International Realty

Description

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.

Amenities

  • Deck
  • Other
  • Tennis Court(s)

Neighborhood

More listings:

Opportunity to build up to potentially subdivide three homes with 150' linear ft of waterfrontage.

Description

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.

Amenities

  • Deck
  • Other
  • Tennis Court(s)

Neighborhood

More listings:

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.