Basic Information

  • MLS # A11977562
  • Type Duplex / Quad Plex / Triplex
  • Status
  • Subdivision/Complex Palm Terrace
  • Year Built 2008
  • Total Sqft 3,500
  • Date Listed 03/09/2026
  • Days on Market 4
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.

Exterior Features

  • Waterfront No
  • Pool No
  • Parking Spaces 0
  • Parking Description

Interior Features

  • Adjusted Sqft 3,500
  • Sqft 3,500

Property Features

  • Aprox. Lot Size 3,500
  • Furnished Info No
  • Lot Description Less Than Quarter Acre
  • Short Sale Regular Sale
  • HOA Fees N/A
  • Subdivision Complex
  • Subdivision Info Palm Terrace
  • Tax Amount $35,354
  • Tax Year 2025

2945 Coconut Ave

Miami, FL 33133

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Grove Town Properties, Inc.. tel: 786-554-8947

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