RIVIERA 1ST & 2ND ADDN AM

260 S Coconut Ln, Miami Beach FL 33139

4 beds · 4 baths · 3,338 ft²

For Sale · Active Listing

$40,000

Est. Payment $213/mo

MLS Sheet Video

4

Bedrooms

4

Bathrooms

3,338

Sq. Ft.

1937

Year Built

1

Garage

8

Days on Market

Description

Experience the pinnacle of Miami luxury in this Palm Island estate. Offering unparalleled panoramic and sunset views of Biscayne Bay and the iconic Downtown / Brickell skyline, this magnificent 4-bedroom, 4-bathroom villa has a sophisticated, bright, and spacious design. Boast an elite backyard dock space equipped with a 27,000-lb boat lift. Direct access to Biscayne Bay ensures your vessel is always ready for paradise.

Facts

MLS#
A12046807
Subdivision
RIVIERA 1ST & 2ND ADDN AM
Property Type
Residential Lease
Property Sub Type
Single Family Residence
Year Built
1937
Lot Size
7,000 ft²
Sq. Ft.
3,338 ft²
Sq. Mt.
310 m²
Price per sq. ft.
$12/ft²
Price per sq. mt.
$129/m²
Stories
Garage
1 spaces
Pool
Days on Market
8 days
Listed
Jul 1, 2026
Last Updated
Jul 9, 2026
Price/Lot Sq.Ft.
$6/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

July 2026

100/100
Buyers marketSellers market

39

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).

7/1/2026Listed for sale$40,000

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

Location

260 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.

Affordability

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

$133,333

gross income / month to qualify

Monthly rent$40,000
Required annual income$1,600,000
Security deposit (est.)$40,000
Move-in cost (1st + last + security)$120,000

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

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.

Updated 7 hours ago

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