316 S COCONUT LN, Miami Beach, FL 33139

Parcel: 0242050020570 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$7,330,374

Property Details

Beds
3
Baths
3
Living Sqft
2,781
Year Built
1940
Lot Sqft
8,736
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$2,695,000
2021-12-22
MMS 316 COCONUT LLCGREGORY MIRMELLI
2
$100non-market transfer
2024-07-18
GREGORY MIRMELLIMMS 316 COCONUT LLC
3
N/A
2024-08-09
4
$8,910,000
2025-05-20
MMS 316 COCONUT LLC316 SOUTH COCONUT LANE LLC
5
$8,910,000
2025-06-10

Tax Assessment History

$7,330,374
Assessed (2025)
$7,330,374
Market Value
$7,330,374
Taxable Value
$149,241
Annual Tax
2024
$4,554,116
$6,778,689
2025
$7,330,374
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $7,330,374 $7,330,374 $7,330,374 $149,241
2024 $4,554,116 $6,778,689 $4,504,116 $91,700

About 316 S COCONUT LN, Miami Beach, FL 33139

316 S COCONUT LN, Miami Beach, FL 33139 is a 3-bedroom, 3-bathroom residential - single family : 1 unit built in 1940 with 2,781 square feet of living space on a 8,736 square foot lot. The property is currently owned by 316 SOUTH COCONUT LANE LLC C/O KATSKY KORINS LLP, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2025-06-10 for $8,910,000. There are 5 recorded sales for this property. The 2025 assessed value is $7,330,374 with a market value of $7,330,374.

This breaks down to $6,988,800 for the land and $341,574 for the building. The assessed value increased 61% from $4,554,116 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 $6,000,000 recorded against this property. 316 S 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 2021 to 2025, with 5 recorded transactions in the public record. The current assessed value represents 82% of the most recent sale price. Based on the most recent sale, this property traded at $3204 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

316 SOUTH COCONUT LANE LLC C/O KATSKY KORINS LLP
605 3 AVE 17 FLR, NEW YORK, NY, 10158
Since: 2026-04-19
View owner profile →

People Behind This Entity

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$88,364 — $162,068
Flood $400 — $800
Property/Wind $87,964 — $161,268

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
$6,000,000
FRYD MORTGAGE LLC · 2024-08-09
Est. Total Balance $6,000,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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