Property Miami for sale with MLS# A11536262

Developers opportunity. Approx 40,000 sq.ft. lot with 5 duplexes (10 units) 3151, 3161, 3171, 3181 McDonald and 3191 Day Ave. located in the vibrant neighborhood of Coconut Grove. Zoned T3-O. Build up to 18 units per acre. This desirable community is conveniently situated within walking distance of Coco Walk, renowned restaurants, shopping destinations, top-rated schools, and just moments away from the Bay. Residents will find themselves within easy reach of prestigious educational institutions such as Ransom Everglades and Carrollton School of the Sacred Heart, as well as Cocowalks open-air mall, picturesque parks, upscale dining options, the scenic Dinner Key Marina, and all the attractions Coconut Grove has to offer.

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Days on the market

The street address for this listing (MLS-A11536262) is private

Price
Price:
$10,000,000.00
Original List Price:
$12,000,000.00
Property Status and Type
Listing Type:
For Sale
Status:
Pending (An offer has been accepted)
Business Type:
Residential
Listing Category:
Commercial Sale
Property Type:
Multi Family
Description of Last Important Update:
Status Change
Last Major Update on:
July 13, 2025 7:06 pm
Measures
Built-Up Area:
8,000 Sqft
Lot Size Acres:
0.91
Construction
Year Built:
1955
Number of Units Total:
1
Flood Zone Code:
X
Taxes and Expenses
Tax Annual Amount:
$15,194.00
Community
Senior Community:
No
Zoning and Legal
Tax Legal Description:
21 54 41 BISCAYNE REALTY COS SUB OF PENT HOMESTEAD PB 3-85 LOT 41 LESS W15FT FOR ST LOT SIZE 50.000 X 135 OR 16684-0206 0295 1
Zoning:
5700
Listing History
Active on the market since:
February 20, 2024
Listing Agreement executed on:
February 20, 2024
Purchase Contract Date:
July 13, 2025
Price change occurred on:
June 6, 2025 2:25 pm
Listing Status Last Changed On:
July 13, 2025 7:06 pm
Photos updated on:
July 15, 2025 7:06 pm
Last Modified:
May 3, 2026 10:08 pm
Additional Information
Courtesy of:
NuGen Realty LLC
Attribution:
Not provided

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $92,734
Median Home Value $906,800
Median Rent $1,945/mo
Median Age 40
Population 34,651

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 35 Good
☀️ O3 35 Good
🫁 PM2.5 35 Good
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Association of REALTORS®
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