Opportunity to build up to & potentially subdivide three homes with 150' linear ft of water frontage.
Spectacular & premier downtown Miami skyline views.
Half acre (150' wide by 140' deep) on newly restored 24/7 guard gated Palm Island.
Two homes, with 276 S Coconut currently long-term leased at $15K/month.
Sale includes both 266 & 276 S Coconut Lane.
266 has a double-sized lot, 100 ft water frontage w/newer Dock, open floor plan,
high ceilings and a Grand Master Suite.
Zoned RS-4: Options are:
a) build a single home up to 10, 500 SF or
b) divide lots and build three new separate homes, or
c) keep as is and renovate the two existing homes.