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.

Features
Swimming Pool
Heating System
Cooling System
Parking
Architectural Style
Roof:
Tile, Flat
Sewer
Address Map
State:
FL
County:
Miami-Dade
City:
Miami
Zipcode:
33133
Street:
2945 Coconut Ave, Miami, Florida 33133
Longitude:
W81° 45' 34.2''
Latitude:
N25° 44' 17.2''
MLS Addon
Association Fee Frequency:
Monthly
Building Area:
3,500 Sqft
Construction Materials:
Block
Cumulative DOM:
7
DOM:
7
Directions:
Please use GPS. In Coconut Grove on Coconut Ave.
Flooring:
Tile, Laminate
Internet Address Display:
1
Internet Listing Display:
1
Listing Terms:
Cash, Conventional
Lot Features
Parcel Number:
01-41-16-166-0001
Subdivision Name:
PALM TERRACE
Tax Annual Amount:
$35,354
Tax Year:
2025
Utilities
Virtual Tour:
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Residential Income For Sale

2945 Coconut Ave, Miami, Florida 33133, Miami, Florida 33133

3,500 Sqft
$3,000,000
MLS # #A11977562
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Price :
$3,000,000
Square Footage :
3,500 Sqft
Year Built :
2008
MLS # :
A11977562
Property Sub Type :
Quadruplex
Agent info
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