2945 Coconut Avenue, Miami, FL 33133
- $2,800,000
- 3,500
- SqFt
- List Price
- $2,800,000
- Price Change
- ▼ $200,000 1785260536
- Days on Market
- 144
- MLS#
- A11977562
- Sq. Ft
- 3,500
- Subtype
- Quadruplex
- County
- Miami-Dade
- Subdivision
- Palm Terrace
- Year Built
- 2008
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.
Additional Information
- Hoa
- Yes
- Construction
- Block
- Cooling
- Central Air
- Flooring
- Laminate, Tile
- Heating
- Central, Separate Meters
- Roof
- Flat, Tile
- Taxes
- $35,354
- Utilities
- Cable Available
- Stories
- 3
- Price Per Sqft
- $800
- Elementary School
- Coconut Grove
- Middle School
- Ponce De Leon
- High School
- Coral Gables
Mortgage Calculator
Listing courtesy of Grove Town Properties, Inc.. Contact:
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Adam G Kutner | Email: adamkutner@yahoo.com