1 graham cracker or ready to eat pie shell
1 (8 oz.) cream cheese
16 oz. Cool Whip
14 oz. condensed milk
1 stick butter
1 bottle caramel ice cream topping
1 can shredded coconut

FILLING: Mix cream cheese, Cool Whip, and condensed milk at medium speed for about 2 minutes.

TOPPING: Mix (microwaveable bowl) softened butter, 1/2 caramel, 1/2 coconut for about 1 1/2 minutes. Stir well until mixed.

Pour filling into pie shell. Then pour topping generously over filling. Put in freezer for about 2 hours.