Riviera, 291 N Coconut Ln

0.16
Acre
Status
OFF MARKETExpired
Size
0.16 Acres (650 m2)
Price
$48,593,750/Acre ($11,956/m2)
Type
Land
MLS Number
A11228778
View
Bay,Water
On Site
1541 Days
Updated
1336 Days ago
Page Views
0
Irreplaceable opportunity to build a tropical modern masterpiece on the best 7,000sf lot in prestigious police-guarded Palm Island. Perfectly nestled between South Beach and Downtown Miami yet benefiting from the utmost privacy. Only lot of its size where 50ft waterfront opens past Hibiscus to the Venetians offering beautiful wide views. Features newly completed 500sf Ipe dock, elevated seawall and retaining wall. Includes complete full set of plans for a new single family home conceived by Owade Development + Design with Praxis Architecture. Enjoy on-island tennis and basketball courts, playground when not strolling or cycling through lush palm tree-lined walkways in this MBPD-secured enclave.The Island recently completed a 5yr modernization of all roads, water systems and infrastructure.

Features

All features
  • Property SqFt: 7000
  • Remarks: Irreplaceable opportunity to build a tropical modern masterpiece on the best 7, 000sf lot in prestigious police-guarded Palm Island. Perfectly nestled between South Beach and Downtown Miami yet benefiting from the utmost privacy. Only lot of its size where 50ft waterfront opens past Hibiscus to the Venetians offering beautiful wide views. Features newly completed 500sf Ipe dock, elevated seawall and retaining wall. Includes complete full set of plans for a new single family home conceived by Owade Development + Design with Praxis Architecture. Enjoy on-island tennis and basketball courts, playground when not strolling or cycling through lush palm tree-lined walkways in this MBPD-secured enclave.The Island recently completed a 5yr modernization of all roads, water systems and infrastructure.
  • Internet Remarks: Irreplaceable opportunity to build a tropical modern masterpiece on the best 7, 000sf lot in prestigious police-guarded Palm Island. Perfectly nestled between South Beach and Downtown Miami yet benefiting from the utmost privacy. Only lot of its size where 50ft waterfront opens past Hibiscus to the Venetians offering beautiful wide views. Features newly completed 500sf Ipe dock, elevated seawall and retaining wall. Includes complete full set of plans for a new single family home conceived by Owade Development + Design with Praxis Architecture. Enjoy on-island tennis and basketball courts, playground when not strolling or cycling through lush palm tree-lined walkways in this MBPD-secured enclave.The Island recently completed a 5yr modernization of all roads, water systems and infrastructure.
  • View: Bay,Water
  • Waterfront: Yes
  • Directions: Northeast
  • Days on Market: 205
  • Compass Point: N
  • Office Name: Miles Goldstein Real Estate
  • Area: 7000
  • Taxes: 58273
  • Tax Year: 2021
  • Listing Date: 2022-06-27T08:22:48.410-00:00
  • Lot Size Square Feet: 7000

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Price History

Date
Event
Price
Change
Price Per
06/27/2022
Listed
$7.8M
 
$1,111 ft2
$11,956 m2
06/27/2022
$7.8M
Event
Listed
Price Per
$1,111 ft2
$11,956 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Alexander GoldsteinMiles Goldstein Real Estate • Buyer Agency Compensation .

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Scores

Walk Score®
Car-Dependent. Almost all errands require a car
10

100
Transit Score®
Some Transit. A few nearby public transportation options
48

100
Bike Score®
Somewhat Bikeable. Minimal bike infrastructure
37

100
Sound Score®
Bearable noise
76

100
Airport Score
Close to airports. Noticeable airport activity
0

100
Traffic Score
Congested area. Frequent traffic delays
30

100
Local Score
Limited local amenities nearby
0

100
Community Snapshot
3 – 5 BR
Bedrooms
$4.3M – $29.9M
Price Tier
1,534 - 10,853
SqFt Range
1963
Year Build
1
Total Floors

Subdivision Amenities

Guard
Playground
Security

Miami Beach
Ultra Luxury
Ultra Luxury Homes & Condos

Palm Island Communities in Miami Beach, FL