NOT LISTED FOR SALE

302 S Coconut Ln Miami Beach, FL 33139

Star, Palm and Hibiscus Islands Neighborhood

Estimated Value: $7,106,000 - $9,055,000

5 Beds
4 Baths
3,746 Sq Ft
$2,152/Sq Ft Est. Value

Last Sold June 15, 2016

Last sale price $4,700,000 $1,255 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $49,461/month

26 Days on Market

Highlights

  • Property has ocean access
  • Deeded Boat Dock
  • Property Fronts a Bay or Harbor
  • South Pointe Elementary School Rated 9+
  • Boat Lift
  • 4-minute walk to Watson Island Park

About This Home

As of June 2016

Waterfront Gem on Gated Palm Island. Stunning city views & quality finishes w/ many thought out details. Modern home, Open & Bright. 5bd/4bth, Large Master Suite, custom closets. Theater room w/ private Wine storage. Chef's kitchen, Italian Cabinets, Subzero & Gaggenau appliances, Industrial hood, Prep sink, Deep fryer, Conventional & Steam Oven, Teppanyaki grill & Wine Station. 80' waterfrontage, heated pool, Outdoor Kitchen, huge terrace. Savant sysytem, Bang & Olufson Audio. Solar Panels.

Last Agent to Sell the Property

Albert Justo

One Sotheby's International Realty License #3070592 Listed on: 05/12/2016

One Sotheby's International Realty

Co-Listed By

Mirce Curkoski

One Sotheby's International Realty License #3187828

Last Buyer's Agent

Jeanie Pulles

Elite Realty Inc. License #0631251

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $60,072

Year Built

  • Built in 1985

Lot Details

  • 8,736 Sq Ft Lot
  • 80 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • West Facing Home
  • Property is zoned RS-4

Parking

  • 2 Car Attached Garage
  • 2 Attached Carport Spaces
  • Driveway
  • Open Parking

Property Views

  • Bay
  • Pool

Home Design

  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,746 Sq Ft Home
  • Ceiling Fan
  • Awning
  • Formal Dining Room
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Free-Standing Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Solar Heating System

Pool

  • Solar Heated In Ground Pool
  • Gunite Pool
  • Outdoor Shower

Outdoor Features

  • Property has ocean access
  • Boat Lock
  • Boat Lift
  • Deeded Boat Dock
  • Balcony
  • Patio
  • Outdoor Grill

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Water Purifier

Listing and Financial Details

  • Assessor Parcel Number 02-42-05-002-0600

Community Details

Overview

  • No Home Owners Association
  • Riviera Add 01 02 Amd,Palm Island Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$60,072

Year Built

Built in 1985

Lot Details

8,736 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1985
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Other
  • Carport Y N: Yes
  • Co List Office Mls Id: OSIR03
  • Co List Office Phone: 305-538-9711
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift,Boatlock,Deeded Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: Riviera Add 01 02 Amd,PALM ISLAND
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Free-Standing Freezer, Ice Maker, Microwave, Water Purifier, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Other
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Flooring: Carpet, Concrete
  • Furnished: Unfurnished
  • Living Area: 3746
  • Other Equipment: Natural Gas
  • Possible Use: Unknown/Withheld
  • Bedroom Features: Primary Bedroom Ground Level
  • Dining Room Features: Formal Dining
  • Living Room Features: Other

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Bay, Pool
  • Exterior Features: Barbeque, Open Balcony, Outdoor Shower
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Lot Features: Other Lot Description
  • Patio And Porch Features: Awning(s), Open Balcony, Patio
  • Pool Features: In Ground, Gunite, Heated, Solar Heat
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Riviera Add 01 02 Amd
  • Carport Spaces: 2
  • Covered Parking Spaces: 4
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Attached Carport, Driveway

Utilities

  • Sewer: Other
  • Water Source: Municipal Water, Other
  • Cooling: Ceiling Fan(s), Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Solar
  • Heating Yn: Yes
  • Security: Fire Alarm, Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: Gated Community

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-42-05-002-0600
  • Lot Size Sq Ft: 8736
  • Zoning: RS-4
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 60072

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2016
Closed on
Jun 13, 2016
Sold by
G3 Visas & Passports Inc
Bought by
Montoya Mario and Montoya Marcia Diaz
Seller's Agent
Albert Justo
One Sotheby's International Realty
Buyer's Agent
Jeanie Pulles
Elite Realty Inc.
List Price
$5,495,000
Sold Price
$4,700,000
Premium/Discount to List
-$795,000
-14.47%
Current Estimated Value
$8,376,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,676,564
Avg. Annual Appreciation
5.70%

Purchase Details

Closed on
Jan 22, 2008
Sold by
Hoffman Jonathan and Hoffman Meredith L
Bought by
G3 Visas & Passports Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,875,000
Interest Rate
6.12%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 7, 2002
Sold by
Gary A Brown M and Gary Donna L
Bought by
Hoffman Jonathan and Hoffman Meridith L
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Montoya Mario $4,700,000 Attorney
G3 Visas & Passports Inc $3,125,000 Attorney
Hoffman Jonathan $1,630,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner G3 Visas & Passports Inc $2,875,000
Previous Owner Hoffman Jonathan $102,805
Previous Owner Hoffman Jonathan $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2016 06/15/16 Sold $4,700,000 -14.5% $1,255 / Sq Ft
06/08/2016 06/08/16 Pending -- -- --
05/12/2016 05/12/16 For Sale $5,495,000 0.0% $1,467 / Sq Ft
12/08/2014 12/08/14 Rented $23,500 -6.0% --
11/08/2014 11/08/14 Under Contract -- -- --
06/01/2014 06/01/14 For Rent $25,000 -- --
Source: MIAMI REALTORS® MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $76,228 $4,056,477 -- --
2024 $74,471 $3,942,155 -- --
2023 $74,471 $3,827,335 $0 $0
2022 $71,968 $3,715,860 $0 $0
2021 $71,258 $3,607,632 $3,144,960 $462,672
2020 $71,556 $3,613,410 $3,144,960 $468,450
2019 $71,735 $3,619,187 $3,144,960 $474,227
2018 $69,693 $3,624,963 $3,144,960 $480,003
2017 $80,623 $4,137,428 $0 $0
2016 $64,342 $2,823,601 $0 $0
2015 $60,072 $2,566,910 $0 $0
2014 $50,184 $2,333,555 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Albert Justo

    Seller's Agent in 2016

    Albert Justo

    One Sotheby's International Realty

    (786) 326-9613

    7 in this area

    35 Total Sales

    Albert Justo
    Section Image
  • Mirce Curkoski

    Seller Co-Listing Agent in 2016

    Mirce Curkoski

    One Sotheby's International Realty

    (305) 538-9711

    5 in this area

    24 Total Sales

    Mirce Curkoski
    Section Image
  • Jeanie Pulles

    Buyer's Agent in 2016

    Jeanie Pulles

    Elite Realty Inc.

    (305) 970-1577

    15 Total Sales

    Jeanie Pulles
    Section Image
  • Jon Corso

    Seller's Agent in 2014

    Jon Corso

    Coldwell Banker Realty

    (305) 788-4117

    46 Total Sales

    Jon Corso
    Section Image

  • J

    Buyer's Agent in 2014

    Joonok Yang

    MMLS Assoc.-Inactive Member

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10080973

MIAMI REALTORS® MLS

APN: 02-4205-002-0600

Florida Miami/Dade County Miami Beach 33139 Star, Palm and Hibiscus Islands

302 S Coconut Ln, Miami Beach, FL

Not Listed for Sale

Detached

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