276 S Coconut Ln, Miami Beach, FL 33139

$20,000,000
3
BD
3
BA
2,440
SqFt
List Price
$20,000,000
MLS#
A11010060
Subdivision
Riviera 1st & 2nd Addn Am
Status
ACTIVE
Type
Single Family Residential
Bedrooms
3
Full baths
3
Living Area
2,440

Property Description

EXTREMELY RARE OPPORTUNITY to build your estate on 150' on water on a square half acre (150' wide by 140' deep) with the very best views of downtown Miami from prestigious Palm Island. Collect rent from the 2 homes while you prepare plans and obtain building permits. Sale includes both 266 & 276 S Coconut Lane. 276 is rented for $15k/mo until Oct 31, 2021 with a 12 month option to extend and 266 is owner occupied but would leaseback if of interest to buyer. Zoned RS-4: Options are a) build a single home up to 10,500 SF, or b) divide lots and build 3 new separate homes, or c) keep as is and renovate the 2 existing homes.

Additional Information

Days on Market
43
View
Ocean, Direct Ocean
Waterfront Description
Ocean Access, No Fixed Bridges, Seawall
Water Access
Dock Available
Pool
Yes
Parcel Number
02-42-05-002-0660
Pool Description
In Ground
Bedroom Description
Other
Front Exposure
Southwest
Lot Size
21,000
Exterior Features
Fruit Trees, Other
Parking Restrictions
None
Address
276 S Coconut Ln, Miami Beach
SqFt Liv Area
2,440
Year Built
1962
Design
Detached, Other
Development Name
Riviera 1st & 2nd Addn Am
Style
House
Construction Type
Other
Interior Features
Other
Section
5

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Westside Estate Agency Florida.