tomo logo

$13,770,000

Beds
3
Baths
3.0
sq ft
2,340

316 S Coconut Ln, Miami Beach, FL 33139

316 S Coconut Ln

Miami Beach, FL 33139

  • 1 day on market
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.

Details

Property type

Single Family Residence

Est. home value

$6,684,332

Lot size

8,736 sq ft

Price per sq ft

$5,885

Year built

1940

Annual property taxes

$85,698

Price History

10/06/2024
SEF

SEF #A11672207

Listed
$13,770,000
+27.86%
06/25/2024
SEF

SEF #A11407747

Removed
$10,770,000
02/08/2024
SEF

SEF #A11407747

Price change
$10,770,000
+10.24%

Schools & Community

Neighborhood: 

Palm Island

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Fryd Mortgage Llc

Loan start date

June 2023

Original loan amount

$1,800,000

Est. remaining balance

Not provided

Interest rate

6.43%

Loan type

Purchase Money Mortgage

Seller

Gregory Mirmelli

Lender

Fryd Mortgage Llc

Loan start date

June 2023

Original loan amount

$1,800,000

Est. remaining balance

Not provided

Interest rate

6.43%

Loan type

Purchase Money Mortgage

Seller

Gregory Mirmelli

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 10/07/2024 at 12:15 AM

Listing updated: 10/06/2024 at 10:17 PM

Listed by: Greg Mirmelli, Sterling Equity Realty LLC Phone #: (305) 804-4848

MLS: SEF #A11672207

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