Eric Farmelant
Compass Florida, LLC
(754) 714-5305
83 Total Sales
2 in Key Biscayne
$680K - $2.7M Price Range
5 Coconut Ln Key Biscayne, FL 33149
Key Biscayne AreaEstimated Value: $4,597,918
5
Beds
6.5
Baths
3,990
Sq Ft
$1,152/Sq Ft
Est. Value
Highlights
- Gated with Attendant
- In Ground Pool
- Wood Flooring
- Key Biscayne K-8 Center Rated A-
- Maid or Guest Quarters
- 5-minute walk to Paradise Park
About This Home
As of June 2026Discover a rare opportunity to lease a stunning 5-bed, 6.5-bath home in the prestigious gated community of Grand Bay Villas & Estates of Key Biscayne. This 3,900 sq ft residence offers refined island living with privacy and 24/7 security, steps from beaches, parks, and top schools. Soaring ceilings and natural light enhance the open layout, featuring a gourmet kitchen, spacious family/media rooms, and a 2-car garage. Enjoy a luxe primary suite with dual baths, en-suite bedrooms, private office, and a covered terrace with BBQ, heated pool, and lush landscaping. Direct access to the community park makes it feel like an extension of your backyard. Just 15 mins to Brickell and close to Miami International Airport. Annual lease, furnished or unfurnished (art excluded).
Last Agent to Rent the Property
One Sotheby's International Realty License #3016066 Listed on: 03/13/2026
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Home Details
Home Type
- Single Family
Year Built
- Built in 1998
Lot Details
- 5,450 Sq Ft Lot
- East Facing Home
- Property is zoned 0100
Parking
- 2 Car Attached Garage
- Automatic Garage Door Opener
Home Design
- Slate Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 3,990 Sq Ft Home
- Property has 3 Levels
- Built-In Features
- Blinds
- Family Room
- Combination Dining and Living Room
- Garden Views
Kitchen
- Built-In Oven
- Electric Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- Closet Cabinetry
- Walk-In Closet
- Maid or Guest Quarters
Laundry
- Dryer
- Washer
Home Security
- High Impact Windows
- Fire and Smoke Detector
Outdoor Features
- In Ground Pool
- Patio
- Porch
- Awning
Schools
- Keybiscayne Elementary School
Utilities
- Cooling Available
- Heating Available
- Electric Water Heater
Listing and Financial Details
- Property Available on 3/13/26
- More Than 1 Year Lease Term
- Assessor Parcel Number 24-52-05-047-0500
Community Details
Overview
- No Home Owners Association
- G B Villas Subdivision
- Maintained Community
- The community has rules related to no recreational vehicles or boats, no trucks or trailers
Recreation
- Community Playground
Security
- Gated with Attendant
- Complex Is Fenced
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 11, 2016
Closed on
Jul 5, 2016
Sold by
Bought by
Seller's Agent
Chris Kruger
MMLS Assoc.-Inactive Member
Buyer's Agent
Liz Hogan
Compass Florida, LLC
List Price
$2,899,000
Sold Price
$2,687,500
Premium/Discount to List
-$211,500
-7.3%
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
$1,910,418
Avg. Annual Appreciation
5.47%
Original Mortgage
$1,881,250
Outstanding Balance
$1,524,217
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,073,701
Purchase Details
Closed on
Aug 2, 2012
Sold by
Bought by
Purchase Details
Closed on
Jul 16, 2003
Sold by
Bought by
Purchase Details
Closed on
Jun 30, 1998
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Key Biscayne, FL
-
Eric Farmelant
-
Adriana Vollmer-Aguilar
Adriana Vollmer-Aguilar
Coldwell Banker Realty
(786) 746-7594
4 Total Sales
2 in Key Biscayne
$635K - $2.7M Price Range
-
Maria Becerra
Maria Becerra
Cutting Edge Investments & Realty Inc
(954) 280-5472
104 Total Sales
1 in Key Biscayne
$1,260,000 Price
-
Beatriz Rocha
Beatriz Rocha
Coldwell Banker Realty
(786) 460-3503
20 Total Sales
6 in Key Biscayne
$426K - $3.9M Price Range
-
Antonella Lagomarsino Silva
Antonella Lagomarsino Silva
Avanti Way Realty LLC
(312) 626-5805
48 Total Sales
3 in Key Biscayne
$400K - $940K Price Range
-
Victoria Brisky
Victoria Brisky
Urdapilleta Real Estate, LLC
(786) 741-7902
24 Total Sales
5 in Key Biscayne
$395K - $1.9M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,687,500 | Attorney | ||
| -- | None Available | ||
| -- | -- | ||
| -- | -- | ||
| $938,700 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,881,250 | ||
| Previous Owner | $750,000 | ||
| Previous Owner | $400,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/30/2026 06/30/26 | Rented | $22,000 | -11.6% | -- | |
| 05/04/2026 05/04/26 | Under Contract | -- | -- | -- | |
| 03/13/2026 03/13/26 | For Rent | $24,900 | 0.0% | -- | |
| 07/12/2016 07/12/16 | Sold | $2,687,500 | -7.3% | $674 / Sq Ft | View Prior Sale |
| 04/27/2016 04/27/16 | Pending | -- | -- | -- | |
| 04/11/2016 04/11/16 | For Sale | $2,899,000 | -- | $727 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $40,692 | $2,662,716 | ||
| 2024 | $37,233 | $2,420,651 | ||
| 2023 | $37,233 | $2,200,592 | $0 | $0 |
| 2022 | $33,098 | $2,000,539 | $0 | $0 |
| 2021 | $30,987 | $1,818,672 | $921,050 | $897,622 |
| 2020 | $30,217 | $1,830,179 | $921,050 | $909,129 |
| 2019 | $31,294 | $1,890,736 | $970,100 | $920,636 |
| 2018 | $30,465 | $1,902,243 | $970,100 | $932,143 |
| 2017 | $34,173 | $2,115,401 | $0 | $0 |
| 2016 | $17,938 | $1,123,753 | $0 | $0 |
| 2015 | $18,205 | $1,115,942 | $0 | $0 |
| 2014 | $18,480 | $1,107,086 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jorge Boj
Landlord's Agent in 2026
Jorge Boj
One Sotheby's International Realty
(305) 803-6956
42 Total Sales
-
Brigitte Nachtigall
Landlord's Co-Listing Agent in 2026
Brigitte Nachtigall
One Sotheby's International Realty
(305) 710-9664
69 Total Sales
-
Melissa Llaury
Tenant's Agent in 2026
Melissa Llaury
One Sotheby's International Realty
(713) 899-5297
20 Total Sales
-
C
Seller's Agent in 2016
Chris Kruger
MMLS Assoc.-Inactive Member
-
Liz Hogan
Buyer's Agent in 2016
Liz Hogan
Compass Florida, LLC
(305) 804-9700
290 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11982802
APN: 24-5205-047-0500
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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