5-Bed Single Family Residence at Palm Island in Miami Beach

$69,000

Brickellsold Estimate* (fallback: list price)$69,000 (list price)

Listing courtesy of Douglas Elliman; Kayce Driscoll. Information from the Southeast Florida Multiple Listing Service is deemed reliable but is not guaranteed accurate.

For Rent
bedrooms

5

bathrooms

5

Square Footage

5202

Type of Property

Single Family Residence, Residential Lease

Details

Overview

Sub Type
Single Family Residence
Price Per Sqft
$13/sqft
Built In
1958
Lease Term
1 Year With Renewal Option,More Than 1 Year
Payment Frequency
Monthly

Description

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.

This single family residence home located at 257 N Coconut Ln, Miami Beach FL 33139 is currently for rent and has been available on Brickellsold for 26 days. This property is listed at $69K. It has 5 beds, 5 bathrooms, and is 5202 square feet. It was built in 1958. 257 N Coconut Ln, Miami Beach FL 33139 is in Miami Beach county Miami-Dade County.

Interior

Bedrooms
5
Bathrooms
6
Bathrooms Full
5
Features
  • Flooring: Tile, Wood
  • Common walls with other units/homes: First Floor Entry
Heating
Central, Electric
Cooling
Ceiling Fan(s), Central Air, Electric
Appliances
Electric Water Heater, Dishwasher, Disposal, Dryer, Gas Range, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
Total interior livable area
5,202 sqft

Property

Parking
  • Covered Spaces: 5
  • Parking Features: Attached Carport,2 Spaces,Additional Spaces Available,Parking Garage,On Street
  • Garage Spaces: 5
Parcel Number
02-42-05-002-0150
Features
  • Entry location: First Floor Entry, Cooking Island, Roman Tub, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Den/Library/Office, Separate Guest/In-Law Quarters, Media Room
  • Exterior Features: Lighting, Open Balcony, Outdoor Shower
  • Has View: Yes
  • View Description: Bay, Intracoastal View

Construction

Property subtype
Single Family Residence, Residential Lease
Materials
CBS Construction
Condition
  • Year Built: 1958

Community & HOA

Community
  • Security Features: Smoke Detector, Gated with Guard, Security Patrol
  • Subdivision: Palm Island
HOA
  • Amenities: Bar, Guard At Gate, Security Patrol
Region
Miami Beach

Financial

Price Per Sqft
$13/sqft
On Market Date
8/13/2026
Listing Terms
Lease Option, Lease Option Available

Metadata

Added
8/14/2026
Updated
9/9/2026
MLS#
A12070040
Days on Market
26
Listed By
Douglas Elliman
Originating MLS
A-Miami Association of REALTORS

Map

Price History

EventPriceDate
Original list price$69,000Aug 14, 2026

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