RIVIERA 1ST & 2ND ADDN AM

316 S Coconut Ln, Miami Beach FL 33139

4 beds · 4.5 baths · 2,340 ft²

Closed

$10,500,000

23.75%

Est. Payment $55,885/mo

MLS Sheet Video

4

Bedrooms

4.5

Bathrooms

2,340

Sq. Ft.

1940

Year Built

207

Days on Market

Description

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.

Facts

MLS#
A11672207
Subdivision
RIVIERA 1ST & 2ND ADDN AM
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1940
Lot Size
8,736 ft²
Sq. Ft.
2,340 ft²
Sq. Mt.
217 m²
Price per sq. ft.
$4,487/ft²
Price per sq. mt.
$48,387/m²
Stories
Garage
Pool
Days on Market
207 days
Listed
Oct 6, 2024
Last Updated
Jun 1, 2025
Price/Lot Sq.Ft.
$1,202/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami Beach

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100
Buyers marketSellers market

45

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

6/1/2025Sold$10,500,000
2/25/2025Price change$10,500,000-23.7%
10/6/2024Listed for sale$13,770,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

316 S Coconut Ln, Miami Beach FL 33139Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$64,785/mo

Principal & Interest

$55,885

Property Tax

$8,750

Insurance

$150

HOA

$0

20% ($2,100,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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