Riviera, 316 S Coconut Ln

$13.8M35.3%
$8,910,000
4
Beds
41/2
Baths
2,340
SqFt
Status
Sold - May 29, 2025
Parking
No info
Size
2,340 SqFt (217 m2)
Price
$3,808/SqFt ($40,986/m2)
Type
House
Built
1940
MLS Number
A11672207
View
Bay
On Site
708 Days
Updated
18 Days ago
Page Views
0
Experience the chance to build your dream home or update the current 2-story waterfront residence on Palm Island’s sought-after western tip, showcasing panoramic views of the Miami skyline and Biscayne Bay. The home features travertine and original wood floors, a spacious family room, and an open living area with direct access to the pool deck. The open kitchen offers a center island and an adjacent dining area. The 2nd-floor primary suite includes custom closets and a lounge area overlooking the city and bay. Outdoors, enjoy a heated pool, seating areas, and covered porch. Boaters will appreciate 78’ of waterfront, private dock, and easy ocean access.

Features

Bedrooms
  • Bedrooms: 4
Bathrooms
  • Bathrooms: 4
  • Half Bathrooms: 1
Exterior and Lot Features
  • Exterior Features: Other
  • View: Bay
Interior, Heating and Cooling
  • Interior Features: BedroomOnMainLevel
  • Equipment / Appliances: Other
  • Heating Description: Other
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: Other
  • Year Built: 1940
  • Year Built Description: Unknown
  • Style: TwoStory
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
    Other Property Info
    • Garage: No info
    • Listing Date: 2024-10-06T21:51:00.000-00:00
    • Directions: East
    Taxes, Fees & More
    • Taxes: 85698
    • Security Information: GatedCommunity
    • Parking Description: Covered

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    Price History

    Current
    $8.9M
    High
    $13.8M
    Low
    $8.9M
    Total Change
    -35.3%
    $14.4M$11.3M$8.3MOct 24Jan 25Jan 25Jan 25Feb 25May 25
    Date
    Event
    Price
    Change
    Price Per
    05/29/2025
    Sold
    $8.9M
    -15.14%
    $3,808 ft2
    $40,986 m2
    02/25/2025
    Price Reduced
    $10.5M
    -10.79%
    $4,487 ft2
    $48,300 m2
    01/30/2025
    Price Increased
    $11.8M
    9.29%
    $5,030 ft2
    $54,142 m2
    01/24/2025
    Price Reduced
    $10.8M
    -12.86%
    $4,603 ft2
    $49,542 m2
    01/12/2025
    Price Reduced
    $12.4M
    -10.24%
    $5,282 ft2
    $56,856 m2
    10/06/2024
    Listed
    $13.8M
     
    $5,885 ft2
    $63,342 m2
    05/29/2025
    $8.9M
    Event
    Sold
    Change
    -15.14%
    Price Per
    $3,808 ft2
    $40,986 m2
    02/25/2025
    $10.5M
    Event
    Price Reduced
    Change
    -10.79%
    Price Per
    $4,487 ft2
    $48,300 m2
    01/30/2025
    $11.8M
    Event
    Price Increased
    Change
    9.29%
    Price Per
    $5,030 ft2
    $54,142 m2
    01/24/2025
    $10.8M
    Event
    Price Reduced
    Change
    -12.86%
    Price Per
    $4,603 ft2
    $49,542 m2
    01/12/2025
    $12.4M
    Event
    Price Reduced
    Change
    -10.24%
    Price Per
    $5,282 ft2
    $56,856 m2
    10/06/2024
    $13.8M
    Event
    Listed
    Price Per
    $5,885 ft2
    $63,342 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by Greg MirmelliSterling Equity Realty LLC • 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