257 N Coconut Ln
Miami Beach, FL 33139
$69,000/mo
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
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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