Home in 257 N Coconut Lane, Miami Beach, FL 33139 for rent with MLS# A12046643

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.

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Days on the market

257 N Coconut Lane, Miami Beach, FL 33139

Price
Price:
$75,000.00 Monthly
Original List Price:
$75,000.00
List Price per Sq Ft (Calculated, Approx.):
$14.41
Frequency:
Monthly
Lease Details
Available On:
August 1, 2026
Owner Pays:
Grounds Care, Pool Maintenance, Common Area Maintenance
Total Move-In Cost:
$225,000.00
Property Status and Type
Listing Type:
For Rent
Status:
Active
Listing Category:
Residential Lease (Rental)
Property Type:
Single Family House
Description of Last Important Update:
New Listing
Last Major Update on:
July 2, 2026 4:00 am
Rooms Distribution
Bedrooms:
5
Bathrooms Total:
6
Full Bath:
5
Half Bath:
1
Room Type:
Den, Media Room, Maid/in-law Quarters
Master Bedroom Bath:
Master Bdrm - Upstairs, Separate Shower, Separate Tub
Dining Area:
Formal Dining, Snack Bar/counter, Eat-in Kitchen
Measures
Living Area:
5,202 Sqft
Lot Size Acres:
0.16
Property Features
View from the Property:
Bay, Intracoastal
Waterfront:
Yes
Waterfront Features:
Ocean Access, Navigable Water, No Fixed Bridges, Bayfront, No Fixed Bridge
Frontage Length:
50
Private Pool
Swimming Pool Features:
In Ground
Pool Size (W × L):
25x10
Security:
Smoke Detector(s), Gated With Guard, Security Patrol
Furnished:
Furnished
Appliances:
Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Gas Range, Gas Water Heater, Electric Water Heater, Ice Maker, Water Heater, Oven
Interior:
Walk-In Closet(s), Kitchen Island, Vaulted Ceiling(s), Wet Bar, Roman Tub
Exterior:
Balcony, Lighting, Outdoor Shower
Patio and Porch:
Deck
Windows:
Blinds
Fireplace
Air Conditioning
Air Conditioning System:
Central Air, Ceiling Fan(s), Electric
Heating
Heating System:
Central, Electric
Fence:
Fenced
Boat and Dock Features:
Private Dock, Electric Available, No Wake Zone, Deeded Dock
Property Entrance Faces:
South
Balcony Details:
Balcony - Open
Construction
Year Built:
1958
Roof:
Barrel
Levels:
Two
Entry Level (floor):
1
Entry Level Location:
First Floor Entry
Construction Materials:
CBS
Flooring:
Tile, Wood
Number of stories:
2
Stories:
2
Parking
Garage
Garage Spaces:
5
Parking Features:
Garage, Garage Door Opener, Attached, On Street, Attached Carport, Carport, Attached Garage
Carport
Utilities
Utilities Available:
Cable Available, Sewer Available
Community
Application Required
Application Fee:
$100.00
Application Information:
Rapid Approval, Credit Report Required
Pets Allowed?
Amenities Provided by the Homeowner's Association (HOA):
Bar, Security, Picnic Area, Tennis Court(s), Street Lights
Subdivision Name:
Palm Island
Senior Community:
Yes
Development Name:
Palm Island
Community Dock
Zoning and Legal
Tax Legal Description:
RIVIERA 1ST & 2ND ADDN AMDPB 32-37LOT 16 & 20FT STRIP ADJ BLK 2 ALOT SIZE 50.000 X 140OR 17926-0863 1297 4
Real Estate Folio Number (Parcel Number):
0242050020150
Public Schools Assigned
Elementary School:
Miami Beach South Pointe
High School:
Miami Beach
Middle Or Junior School:
Miami Beach Nautilus
Listing History
Active on the market since:
July 2, 2026
Listing Agreement executed on:
July 2, 2026
Listing Status Last Changed On:
July 2, 2026 4:00 am
Photos updated on:
August 5, 2026 8:04 pm
Last Modified:
August 5, 2026 8:04 pm
Additional Information
Courtesy of:
Douglas Elliman
Attribution:
Not provided
Location
Street Name:
Coconut
Street Number:
257
City:
Miami Beach
State:
Florida
Zip Code:
33139
County:
Miami-Dade
Latitude:
N25° 46' 55.8''
Longitude:
W81° 50' 4''
Street Suffix:
Lane
Street Direction Prefix:
N
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $63,368
Median Home Value $480,500
Median Rent $1,745/mo
Median Age 42
Population 34,406

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 45 Good
☀️ O3 35 Good
🫁 PM2.5 45 Good
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Association of REALTORS®
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