211 N Coconut Ln, Miami Beach, FL 33139

5 beds5 baths4,571 sqft

Sold: $6,320,000
Sold on 08/27/14
Zestimate®: $5,365,475
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

My Notes

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Waterfront opportunity! Located in prestigious guard gated Palm Island. Well maintained home ready to enjoy with spectacular views and bay access. Living room with fireplace and double height ceiling. Open kitchen with breakfast area and family room. Generous sized bedrooms with full bathroom and balcony. Private Master Suite on its own floor. 4 bedrooms plus Gym and Library main house. Separate 1 bedroom, and 1 bathroom, guest house with kitchen. 50 ft wide private boat dock, lift and davits. Community tennis and parks. 24 Hour Security. Square footage per appraisal.
Neighborhood Description
Palm Island is a man-made island located in Biscayne Bay with access managed by city police. It is a highly sought after gated community with close proximity to Downtown Miami and South Beach neighborhoods. Palm Island is also home to about 100 waterfront homes and Palm Island Park, a public park with community tennis courts, basketball, kids play area among other amenities.
Membership in the Palm - Hibiscus - Star Island Homeowner?s Association is voluntary and open to any resident of Palm, Hibiscus or Star Island. With annual dues of $500 you obtain access to two Homeowner?s Association meetings a year (February and September) and social events such as the Annual Holiday Party in December, Halloween Party, July 4 Picnic and ?Meet the Candidates? program on years of City of Miami Beach elections.
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Facts

  • Lot: 7,000 sqft
  • Single Family
  • Built in 1924
  • Cooling: Central, Other
  • Heating: Other
  • Last sold: Aug 2014 for $6,320,000
  • Price/sqft: $1,383

Features

  • Basketball Court
  • Cable Ready
  • Ceiling Fan
  • Controlled Access
  • Deck
  • Dock
  • Doorman
  • Fireplace
  • Flooring: Hardwood
  • Garden
  • Gated Entry
  • Jetted Tub
  • Lawn
  • Mother-in-Law
  • Parking: Carport, Garage - Attached, 2 spaces
  • Patio
  • Pool
  • Porch
  • Security System
  • Storage
  • Tennis Court
  • Transportation
  • Vaulted Ceiling
  • View: Water
  • Waterfront

Additional Features

  • Waterfront, 50' on the water with 50' private dock, Guard Gated Palm Island, Guest House

Appliances Included

  • Dishwasher
  • Dryer
  • Microwave
  • Range / Oven
  • Washer

Room Types

  • Family room
  • Laundry room
  • Library
  • Master bath
  • Office
  • Recreation room
  • Sun room
  • Walk-in closet
  • Workshop

Construction

  • Construction quality: 5.0
  • Exterior material: Stucco
  • Roof type: Other
  • Room count: 5
  • # Stories: 0.0
  • Structure type: Other
  • Unit count: 1

Other

  • Floor size: 4,571 sqft
  • Heating: Electric
  • Last remodel year: 1955
  • Laundry: In Unit
  • Lot depth: 140
  • Lot width: 50
  • Parcel #: 0242050020240
  • Unit floor #: 1
  • Zillow Home ID: 43908530

Zestimate Details

Zestimate
A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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$5,365,475
+$210,466 Last 30 days
$3.86M
$6.33M
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$16,586/mo
+$1,090 Last 30 days
$1.3K
$31K
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309 forecasted views of this home
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Neighborhood

Market guide

Zillow predicts 33139 home values will increase 1.3% next year, compared to a 0.5% rise for Miami Beach as a whole. Among 33139 homes, this home is valued 1348.2% more than the midpoint (median) home, and is valued 195.3% more per square foot.

Foreclosures will be a factor impacting home values in the next several years. In 33139, the number of foreclosures waiting to be sold is 6.2% greater than in Miami Beach, and 169.3% greater than the national average. This higher local number may prevent 33139 home values from rising as quickly as other regions in Miami Beach.

Learn more about forecast calculations or 33139 home values.
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