Seller's Agent in 2025
Greg Mirmelli
Sterling Equity Realty LLC
(305) 401-4800
2 in this area
9 Total Sales
316 S Coconut Ln Miami Beach, FL 33139
Star, Palm and Hibiscus Islands Neighborhood
3
Beds
3
Baths
2,410
Sq Ft
8,736
Sq Ft Lot
Highlights
- Ocean Front
- Private Dock
- Gated Community
- South Pointe Elementary School Rated A-
- In Ground Pool
- 4-minute walk to Watson Island Park
About This Home
As of May 2025Rare Development opportunity on the tip of guard gated Palm Island. Lot features direct downtown views, 78feet
of water frontage and a 50 foot dock. Own the best view in Miami Beach. Seller Financing available.
Last Agent to Sell the Property
Gilda Molina
MMLS Assoc.-Inactive Member License #0503132 Listed on: 11/15/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $66,918
Year Built
- Built in 1940
Lot Details
- 8,736 Sq Ft Lot
- 70 Ft Wide Lot
- Ocean Front
- Property Fronts a Bay or Harbor
- West Facing Home
- Property is zoned 0100
Parking
- 2 Car Garage
- Converted Garage
- Driveway
- Open Parking
Home Design
- Tile Roof
Interior Spaces
- 2,410 Sq Ft Home
- 2-Story Property
- Casement Windows
- Den
- Marble Flooring
- Ocean Views
- Laundry in Utility Room
- Attic
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
- 3 Full Bathrooms
- Dual Sinks
- Bathtub and Shower Combination in Primary Bathroom
Outdoor Features
- In Ground Pool
- Property has ocean access
- No Fixed Bridges
- Private Dock
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 02-42-05-002-0570
Community Details
Overview
- Property has a Home Owners Association
- Riviera 1St & 2Nd Addn Am Subdivision
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 6, 2024
Closed on
May 20, 2025
Sold by
Mms 316 Coconut Llc
Bought by
316 South Coconut Lane Llc
Seller's Agent
Greg Mirmelli
Sterling Equity Realty LLC
Buyer's Agent
Amber Warren
Cervera Real Estate Inc.
List Price
$13,770,000
Sold Price
$8,910,000
Premium/Discount to List
-$4,860,000
-35.29%
Views
250
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,525
Avg. Annual Appreciation
4.86%
Purchase Details
Closed on
Jul 23, 2024
Sold by
Mirmelli Gregory
Bought by
Mms 316 Coconut Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000,000
Interest Rate
6.86%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 22, 2021
Sold by
Mms 316 Coconut Llc
Bought by
Mirmelli Gregory Lawrence
Purchase Details
Listed on
Aug 29, 2020
Closed on
Jan 15, 2021
Sold by
Bork International Llc
Bought by
Mms 316 Coconut Llc
Seller's Agent
Daniel Sepe
COSMORE Florida Corp.
Buyer's Agent
Greg Mirmelli
Sterling Equity Realty LLC
List Price
$5,200,000
Sold Price
$4,900,000
Premium/Discount to List
-$300,000
-5.77%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.03%
Original Mortgage
$2,500,000
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Listed on
Nov 15, 2018
Closed on
Mar 28, 2019
Sold by
Sheddfi Fl5 Llc
Bought by
Bork International Llc
Seller's Agent
Gilda Molina
MMLS Assoc.-Inactive Member
Buyer's Agent
Daniel Sepe
COSMORE Florida Corp.
List Price
$4,195,000
Sold Price
$3,900,000
Premium/Discount to List
-$295,000
-7.03%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.52%
Original Mortgage
$2,695,000
Interest Rate
4.3%
Mortgage Type
Construction
Purchase Details
Closed on
Mar 14, 2016
Sold by
Maino Walter
Bought by
Sheddfi Fl5 Llc
Purchase Details
Closed on
Jul 16, 2009
Sold by
Pereira Darcy G
Bought by
Maino Walter
Purchase Details
Closed on
Mar 29, 2004
Sold by
Pereira Darcy G
Bought by
Pereira Darcy G and Maino Walter
Purchase Details
Closed on
Sep 22, 1998
Sold by
Vestey Angela
Bought by
Pereira Darcy G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,000
Interest Rate
6.95%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $8,910,000 | None Listed On Document | |
| Special Warranty Deed | $8,910,000 | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | $2,695,000 | Mirmelli Law Firm Pa | |
| Warranty Deed | $4,900,000 | Attorney | |
| Warranty Deed | $4,900,000 | None Listed On Document | |
| Special Warranty Deed | $3,900,000 | Attorney | |
| Warranty Deed | $2,468,800 | Attorney | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | $260,000 | -- | |
| Warranty Deed | $690,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $6,000,000 | New Conventional | |
| Previous Owner | $1,800,000 | New Conventional | |
| Previous Owner | $2,500,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $2,940,000 | Commercial | |
| Previous Owner | $2,340,000 | Construction | |
| Previous Owner | $2,695,000 | Construction | |
| Previous Owner | $2,000,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $1,140,000 | Unknown | |
| Previous Owner | $552,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/29/2025 05/29/25 | Sold | $8,910,000 | -15.1% | $3,808 / Sq Ft |
| 02/25/2025 02/25/25 | Price Changed | $10,500,000 | -10.8% | $4,487 / Sq Ft |
| 01/30/2025 01/30/25 | Price Changed | $11,770,000 | +9.3% | $5,030 / Sq Ft |
| 01/24/2025 01/24/25 | Price Changed | $10,770,000 | -12.9% | $4,603 / Sq Ft |
| 01/12/2025 01/12/25 | Price Changed | $12,360,000 | -10.2% | $5,282 / Sq Ft |
| 10/06/2024 10/06/24 | For Sale | $13,770,000 | +181.0% | $5,885 / Sq Ft |
| 01/15/2021 01/15/21 | Sold | $4,900,000 | -5.8% | $2,094 / Sq Ft |
| 12/01/2020 12/01/20 | Pending | -- | -- | -- |
| 08/29/2020 08/29/20 | For Sale | $5,200,000 | +33.3% | $2,222 / Sq Ft |
| 03/31/2019 03/31/19 | Sold | $3,900,000 | -2.3% | $1,618 / Sq Ft |
| 01/13/2019 01/13/19 | Price Changed | $3,990,000 | -4.9% | $1,656 / Sq Ft |
| 11/15/2018 11/15/18 | For Sale | $4,195,000 | -- | $1,741 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 | $87,728 | $7,235,625 | $6,988,800 | $246,825 |
| 2024 | $85,698 | $4,554,116 | -- | -- |
| 2023 | $85,698 | $4,421,472 | $0 | $0 |
| 2022 | $82,806 | $4,292,692 | $4,062,240 | $230,452 |
| 2021 | $69,496 | $3,475,482 | $3,144,960 | $330,522 |
| 2020 | $66,205 | $3,296,256 | $3,144,960 | $151,296 |
| 2019 | $68,932 | $3,433,731 | $3,144,960 | $288,771 |
| 2018 | $66,918 | $3,436,328 | $3,144,960 | $291,368 |
| 2017 | $77,748 | $3,945,615 | $0 | $0 |
| 2016 | $27,560 | $1,354,941 | $0 | $0 |
| 2015 | $27,391 | $1,345,523 | $0 | $0 |
| 2014 | $27,929 | $1,334,845 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Greg Mirmelli
-
Daniel Bortunk
Seller Co-Listing Agent in 2025
Daniel Bortunk
Sterling Equity Realty LLC
(786) 405-9589
1 in this area
3 Total Sales
-
Amber Warren
A
Buyer's Agent in 2025
Amber Warren
Cervera Real Estate Inc.
(312) 498-0499
2 in this area
2 Total Sales
-
Daniel Sepe
Seller's Agent in 2021
Daniel Sepe
COSMORE Florida Corp.
(786) 252-5771
1 in this area
12 Total Sales
-
G
Seller's Agent in 2019
Gilda Molina
MMLS Assoc.-Inactive Member
-
Alejandro Diaz-Bazan
A
Seller Co-Listing Agent in 2019
Alejandro Diaz-Bazan
Coldwell Banker Realty
(305) 666-1800
1 in this area
20 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: A10572159
APN: 02-4205-002-0570
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