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2945 Coconut Avenue

Miami, FL 33133
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Bed 8

Bed

Bath 8

Bath

SqFt3,500

Sqft

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 m ake 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.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $3,000,000

AD Id : 76030551

MLS Id : A11977562

Beds : 8

Living Area Size : 3,500

Year Built : 2008

County : Miami-Dade

Subdivision: Palm Terrace

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Feature Features

  • Interior Features

    Roof: Flat, Tile
  • Heating & Cooling

    Has Heating: Yes Heating: Central, SeparateMeters Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 2008
    Building Area Total: 3500
    Construction Materials: Block
    Private Pool: No
    Association Fee Frequency: Monthly

  • Lot Information

    Lot Dimensions: 7500

    Property Information

    Subdivision: PALM TERRACE Source Property Type: ResidentialIncome Postal Code Plus 4: 3787 Property SubType: Quadruplex Property Age: 18

  • Listing Price Information

    Listing Price: $3000000
    Cash, Conventional

  • Tax Information

    Parcel Number: 0141161660001 Tax Year: 2025 Annual Tax: $35354 Tax Legal Desc: COCONUT DEVELOPERS CONDO PALM TERR PB 3-47 LOT 18 BLK 1 AS DESC IN DECL OR 26747-2881 LOT SIZE 7500 SQFT FAU 01-4116-029-0160

  • Parking Information

    Parking Total: 8

    Homeowners Association Information

    Has Association: Yes

  • School Information

    Elementary School: Coconut Grove Junior High School: Ponce De Leon Senior High School: Coral Gables
  • Utility Information

    CableAvailable
  • Location Information

    Direction: Please use GPS. In Coconut Grove on Coconut Ave. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2887 SW 33rd Ave, Miami, FL, 33133 $2,495,000 8 8 5,000 5,000 SqFt
2783 - 2785 SW 33rd Ct, Miami, FL, 33133 $999,000 3 2 1,280 1,280 SqFt
2660 SW 36th Ave, Miami, FL, 33133 $1,500,000 4 2 2,112 2,112 SqFt
1866 SW 25th Terrace, Miami, FL, 33133 $1,250,000 5 6 1,561 1,561 SqFt
2221 SW 26th Lane, Miami, FL, 33133 $1,250,000 5 4 2,200 2,200 SqFt
2371 SW 27th Street, Miami, FL, 33133 $1,475,000 8 4 3,066 3,066 SqFt
3121-3123 SW 25th Terrace, Miami, FL, 33133 $895,000 3 2 1,472 1,472 SqFt
3147 Mcdonald Street, Miami, FL, 33133 $3,299,000 4 2 2,378 2,378 SqFt
2784 SW 31st Place, Miami, FL, 33133 $730,000 2 2 1,050 1,050 SqFt
3210 E Elizabeth St, Miami, FL, 33133 $1,875,000 4 2 1,492 1,492 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 07/12/2026 @ 18:58

MLS: A11977562 LISTED BY: Adam Kutner, Grove Town Properties, Inc. 786-554-8947 SOURCE: Beaches MLS

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