PALM ISLAND

224 S Coconut Ln, Miami Beach FL 33139

5 beds · 5 baths · 3,609 ft²

Closed

$49,000

Est. Payment $261/mo

MLS Sheet Video

Bedrooms

Bathrooms

3,609

Sq. Ft.

Days on Market

Description

5/5 WATERFRONT PALM ISLAND VILLA, TROPICAL PARADISE OASIS, WHERE OLD SPANISH MEDITERRANEAN ARCHITECTURE FUSES INTERIOR MODERN CONTEMPORARY EUROPEAN DESIGN. ENTER A GATED FOUNTAIN COURTYARD TO A ZEN ETHNIC JAZZY POSH HOME HOSTING A 2 STORY POOL DECK OVERSEEING OCEAN & DOWNTOWN MIAMI SKYLINE-CRUSIE SHIPS-SUNSETS, HEATED POOL, 2 INDOOR & 2 OUTDOOR JACUZZIS, PRIVATE DOCK, RIVER ROCK CABANA STEAM/AROMA THERAPY 4 PERSON STEAM BATH SPA, WALK-IN 270 DEGREE GLASS WINE CELLAR UNDER A REVOLVING STAIRCASE, STAINLESS STEEL APPLIANCES, STEREO ADVANCE ROOM VOLUME CONTROLS, TALL CEILINGS, LOTS OF WINDOWS AND LIGHT. BEST, MOST DESIRABLE AND CLOSEST DOWNTOWN WATER VIEW LOCATION. ISLAND IS SECURITY GATED, HAS A PARK WITH PLAYGROUND, TENNIS, BASKETBALL, AND RACKET BALL COURTS. PLUMBING, ELECTRICAL, ALL APPLICANCES, ROOF AND AC ARE UNDER HOME WARRANTY. AVAILABLE WENGE FURNISHED FOR ADDITIONAL FEE.

Facts

MLS#: A12018656
Subdivision: PALM ISLAND
Property Type: Residential Lease
Property Sub Type: Single Family Residence
Year Built: —
Lot Size: 0 sqft
Sq. Ft.: 3,609 ft²
Sq. Mt.: 335 m²
Price per sq. ft.: $14/ft²
Price per sq. mt.: $146/m²
Stories: —
Garage: —
Pool: Private
Days on Market: 7 days
Listed: May 13, 2026
Last Updated: May 24, 2026
Price/Lot Sq.Ft.: —

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Market insights for Miami Beach

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

Sellers market

June 2026

100/100

Buyers marketSellers market

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).

5/24/2026	Sold	$49,000
5/13/2026	Listed for sale	$49,000

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

Location

224 S Coconut Ln, Miami Beach FL 33139Directions

GreatSchools Summary Ratings

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

Marware Montessori Academy
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12,UG · private · 0.3 mi
Ben Gamla Charter School
KG,1,2,3,4,5,6,7,8 · charter · 0.6 mi
Ben Gamla Charter School North Campus
KG,1,2,3,4,5,6,7,8 · charter · 0.6 mi
Hollywood Central Elementary School
PK,KG,1,2,3,4,5 · public · 0.6 mi
Sungate Academy
1,2,3,4,5,6,7,8 · private · 0.6 mi
Sunnyland Private School
PK,KG · private · 0.6 mi
Ben Gamla Preparatory School
6,7,8 · charter · 0.6 mi
Ben Gamla Preparatory Charter High School
6,7,8 · charter · 0.6 mi
Hollywood Academy Of Arts & Science
KG,1,2,3,4,5 · charter · 0.7 mi
Hollywood Academy of Arts and Science Middle School
6,7,8 · charter · 0.7 mi

Affordability

What you'd typically need to qualify for this rental under the standard 30% rule.

$163,333

gross income / month to qualify

Monthly rent$49,000

Required annual income$1,960,000

Security deposit (est.)$49,000

Move-in cost (1st + last + security)$147,000

Based on the 30% rule (rent ≤ 30% of gross monthly income). Move-in estimate assumes first month + last month + one month security; landlord requirements vary.

Rangely Adames

Sales Associate | Sunland Group

(954) 604-3276 info@rangelyadames.com

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