2945 Coconut AVE, Miami, FL 33133
2945 Coconut AVE, Miami, FL 33133
2945 Coconut AVE, Miami, FL 33133
2945 Coconut AVE, Miami, FL 33133
2945 Coconut AVE, Miami, FL 33133
2945 Coconut AVE, Miami, FL 33133
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$ 3,000,000
Est. payment | /mo

3,500 SqFt


$ 3,000,000
Est. payment | /mo

3,500 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,500 sqft

Price per Sqft $857

Subdivision Palm Terrace

MLS Listing ID A11977562

Construction Status Resale

HOA Y/N Yes

Total Fin. Sqft 3500

Year Built 2008

Annual Tax Amount $35,354

Tax Year 2025

Property Sub-Type Quadruplex

Property Description

Exceptional investment opportunity in highly desirable Coconut Grove! This well-maintained fourplex features four spacious 2-bedroom, 1.5-bathroom units (875 Square Feet per unit), each offering a private patio as well as an exclusive rooftop terrace—an uncommon and highly desirable feature for star gazers. The gated property provides secure access and includes parking for two vehicles per unit.Each unit has its own separate folio number, creating a rare opportunity for a potential condo conversion or flexible ownership structure. All units are currently occupied by long-term tenants, providing immediate income, with rents currently below market rates and strong upside potential for increased revenue.Ideally located near the parks, marinas, dining, shopping, and waterfront lifestyle that make Coconut Grove one of Miami's most sought-after neighborhoods, this property offers both stable cash flow and long-term appreciation potential.DO NOT DISTURB TENANTS. Showings by appointment only after executed contract.

Location

State FL

County Miami-dade

Area 2410

Zoning 3900

Interior

Interior Features InteriorFeatures

Heating Central, Separate Meters

Cooling Central Air

Flooring Laminate, Tile

Fireplace No

Exterior

Utilities Available Cable Available

Water Access Desc Public

Roof Type Flat,Tile

Total Parking Spaces 8

Private Pool No

Building

Dwelling Type Multi Family

Story 3

Sewer Public Sewer

Water Public

Structure Type Block

New Construction No

Construction Status Resale

Schools

Elementary Schools Coconut Grove

Middle Schools Ponce De Leon

High Schools Coral Gables

Others

Tax ID 0141161660001

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11977562

BeachesMLS, Inc. (FLR) IDX
Listed by Adam G Kutner Grove Town Properties, Inc.

Nearby Locations

Rachel Small

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(305) 570-1167

rachelsellsluxury@gmail.com

323 Sunny Isles Blvd, Sunny Isles Beach, FL, 33160, USA

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2945 Coconut AVE