A simple coumarin hydrazine Schiff base bearing a thioether recognition fragment (compound CBBS) has been rationally designed and easily prepared. CBBS exhibited an excellent selectivity for Pd(II) and a low detection limit of 65 nM (S/N = 3). The fluorescence emission intensities of CBBS at 495 nm were linear to Pd(II) concentrations in a wide range from 0 to 80 μM. Moreover, CBBS has been well used in fluorescence imaging of Pd(II) in living A549 cells. CBBS as a simple coordination-based fluorescent probe will inspire the researchers to develop a polymer for selective detection and adsorption of Pd(II).