253 N COCONUT LN, Miami Beach, FL 33139

Parcel: 0242050020160 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$5,646,385

Property Details

Beds
3
Baths
2
Living Sqft
2,263
Year Built
1935
Lot Sqft
7,000
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$2,600,000
2014-04-28
HOLLY HUSTON &W SBAKASHKAN VAHMAN
2
$3,791,000+46%
2017-02-16
ASHKAN VAHMANISLAND BRIDGE LLC
3
$5,500,000+45%
2022-04-18
ISLAND BRIDGE LLCSOBE PROPERTY LLC
4
$5,500,000
2022-04-28

Tax Assessment History

$5,646,385
Assessed (2025)
$5,646,385
Market Value
$5,646,385
Taxable Value
$114,956
Annual Tax
2024
$5,229,439
$5,658,450
2025
$5,646,385
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $5,646,385 $5,646,385 $5,646,385 $114,956
2024 $5,229,439 $5,658,450 $5,229,439 $106,467

About 253 N COCONUT LN, Miami Beach, FL 33139

253 N COCONUT LN, Miami Beach, FL 33139 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1935 with 2,263 square feet of living space on a 7,000 square foot lot. The property is currently owned by SOBE PROPERTY LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2022-04-28 for $5,500,000. There are 4 recorded sales for this property. The 2025 assessed value is $5,646,385 with a market value of $5,646,385.

This breaks down to $5,600,000 for the land and $46,385 for the building. The assessed value increased 8% from $5,229,439 in 2024. This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain).

Flood insurance is typically required by lenders for properties in this zone. The median household income in this area is $189,605, and the median home value is $1,453,400. The population density is 3,945 people per square mile.

There are active mortgage liens totaling $3,144,521 recorded against this property. 253 N COCONUT LN, Miami Beach, FL 33139 is located in Miami Beach, Florida. Property records, tax assessments, sales history, and ownership information for this Miami Beach property are sourced from miami_dade County public records.

The complete ownership history of this property spans from 2014 to 2022, with 4 recorded transactions in the public record. The current assessed value represents 103% of the most recent sale price. Based on the most recent sale, this property traded at $2430 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

SOBE PROPERTY LLC
333 SE 2 AVE STE 4500, MIAMI, FL, 33131
Since: 2026-03-29
View owner profile →

People Behind This Entity

Registered Agent: NRAI SERVICES, INC.
View on Sunbiz →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$68,156 — $125,020
Flood $400 — $800
Property/Wind $67,756 — $124,220

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$189,605
Median Home Value$1,453,400
Pop. Density3,945/sq mi

Neighborhood 33139

20.8%
Owner-Occ
79.2%
Investor
715
Flips (4yr)
12,810
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →

Mortgages

ACTIVE
$3,300,000
~$3,144,521 bal.
PROFESSIONAL BANK · 2022-04-28
Est. Total Balance $3,144,521
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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