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For sale

257 N Coconut Ln

Miami Beach, FL 33139

$69,000/mo

5Beds
5.5Baths
5,202Sq ft
1958Year built
Single-family homeType

About this home

Welcome to Palm Island, a place where life slows down the moment you drive through the gates. Four-car garage with a lift for a fifth. Newly renovated inside and out, this waterfront pool home has amazing views of Hibiscus Island and the bay. Inside, the home is warm, open, and designed for real living with all-new furnishings. The family room flows into a beautiful gourmet kitchen, making it easy to cook, gather, and entertain. The pool deck overlooks wide bay views, and the private dock with two boat slips means your boat is always ready for a spontaneous sunset cruise. Included is a guest house for a separate office, visiting family, long-term guests, or staff who need their own space with its own full kitchen and bath, giving everyone privacy without feeling disconnected. But what really makes this home special is the community. Palm Island is quiet, safe, and incredibly welcoming neighborhood. You get 24/7 guard-gated security, tennis courts, a covered playground, basketball court, picnic areas, and the famous Halloween Party. It feels tucked away, yet you’re minutes from South Beach, Downtown, Brickell, I95 and the airport. This is a home for someone who wants comfort, space, and the full Miami waterfront lifestyle without sacrificing warmth or privacy. A true Palm Island gem, ready to enjoy.

Features

  • Waterfront

Property details

Listing

MLS #
A12070040
Status
For sale
Listed on
Aug 14, 2026
Days on market
13 days
Listing data updated
Aug 15, 2026

Interior

Beds
5
Baths
5.5
Living area
5,202 ft²

Building & community

Type
Single-family home
Year built
1958
County
Miami-Dade

Lot & exterior

Lot size
7,000 ft²
Waterfront
Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

What's nearby

Elementary school
MIAMI CHILDREN'S MUSEUM CHARTER SCHOOL · 0.7 mi away
Middle school
DISTRICT INSTRUCTIONAL CENTER (DIC) · 1.6 mi away
High school
DISTRICT INSTRUCTIONAL CENTER (DIC) · 1.6 mi away
Transit
MAC ARTHUR CY & FOUNTAIN ST · 0.3 mi away
Supermarket
Carribean Life · 1.4 mi away
Park
Seamans Park · 0.7 mi away
Pharmacy
CVS Pharmacy · 1.5 mi away

Straight-line distances · Sources: NCES/FL DOE, GTFS Miami-Dade and Broward, OpenStreetMap

Rental details

Available from
Aug 14, 2026
Lease term
1 Year With Renewal Option,More Than 1 Year
Furnishing
Furnished
Rent includes
Pool Maintenance · Yard Maintenance

Move-in cost (estimate)

Estimated move-in total
~$207,000
Deposit includes
First Month's Rent · Cleaning Deposit · Last Month's Rent · Pets · Security Deposit
Application fee
$100
Pet fee
$300 · Nonrefundable

Figures declared by the listing in the MLS — an estimate, not a quote. Confirm every amount before signing.

Location

Equal Housing Opportunity

This listing is courtesy of Douglas Elliman.

Kayce Driscoll · 305-401-6100 · kayce.driscoll@elliman.com · 305-695-6300

Data deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

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