244 South Coconut Lane is a prime waterfront property on the prestigious, police-guarded Palm Island in Miami Beach. This 8,400 sq ft lot offers 60 feet of waterfront with easy ocean access and stunning views of Biscayne Bay and the skyline. Architectural plans for a custom home are already in place, streamlining the process to bring your dream residence to life. The existing home features 3 bedrooms, 3 bathrooms, new kitchen cabinets and millwork, freshly painted interiors, and impact windows. Located just moments from world-class dining, shopping, and entertainment, this is a rare opportunity to own a piece of Miami Beach’s finest real estate.
Type:
Single-family residential
Subdivision:
RIVIERA 1ST & 2ND ADDN AM
Garage:
Circular Driveway, Covered, Driveway
Lot Description:
< 1/4 Acre
View Description:
Bay,Canal,Intercoastal,Water
Appliances:
Dryer, Dishwasher, Microwave, Refrigerator, Self Cleaning Oven, Washer
244 S Coconut Ln, Miami Beach, FL, 33139
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
