Palm Island is home to not only noteworthy people like actors and sports stars, but also some very noteworthy properties. One of the Miami neighborhood’s noteworthy properties, 233 North Coconut Lane, is currently on the market for $9.6 million.

Located on a 7,000-square-foot lot, it’s an extravagant “yacht-inspired,” single-family home with five bedrooms, four bathrooms, a four-car garage, a 1,500-square-foot rooftop deck, a dock, a pool, and a patio.

The 6,600-square-foot waterfront tropical modern home also features floor-to-ceiling windows, polished volcanic stone flooring, and a stairway made out of both glass and steel, as well as rich rosewood finishes, Caesarstone surfaces, and spectacular water views.

The pricey pad, which evens out to about $1,453 per square footage, is also available to be rented at the steep price of $45,000 per month.

In 2013, the home––which was built in 2010––was purchased by its current owner for $3 million less than what it is now being sold for.

Images courtesy of Zillow.com