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Newly renovated home on Palm Island for $4.25M

Bright and open with an excellent view

253 North Coconut Lane
via Douglas Elliman

Here’s a fully renovated home at 253 North Coconut Lane on Palm Island in Miami Beach for $4.25 million, a $150,000 reduction since its initial ask last April.

The 2,283-square-foot home has three bedrooms, three bathrooms, and a bright and open living area with vaulted ceilings overlooking the bay.

It was previously listed for rent asking $20,000 and last sold for $2.6 million in 2014.