Prepare Coconut: Start by preparing your medium coconut; use a corkscrew or a sharp knife to create a hole and drain the coconut water into a bowl. Carefully slice the coconut open and chop the flesh into small pieces, ensuring you have about 1 to 2 cups ready for blending.

Blend Ingredients: In your blender, combine the chopped coconut flesh, drained coconut water, 4 cups of water, sweetened condensed milk, evaporated milk, and a splash of pure vanilla extract. Blend all the ingredients on high for about 30-60 seconds, until the mixture is smooth and creamy.

Strain Mixture: Next, strain half of the blended mixture into a large pitcher using a fine mesh sieve or cheesecloth. This will give you a silky drink while allowing some of the chunkier coconut bits to remain.

Dilute and Serve: Pour the strained mixture back into the pitcher and stir in an additional 4 cups of water until you've reached your desired taste and consistency. Mix well to ensure everything is evenly incorporated and serve immediately over ice.

Garnish: To elevate your Coconut Cooler, consider garnishing it with slices of fresh coconut, a sprig of mint, or juicy pineapple wedges.