Quadruplex in 2945 Coconut Ave Miami for sale with MLS# A11977562
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.
2945 Coconut Ave, Miami, FL 33133
- Price:
- $3,000,000.00
- Original List Price:
- $3,000,000.00
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Listed As Is
- Listing Category:
- Residential Income (Multifamily 2-4)
- Property Type:
- Fourplex (Quadruplex)
- MLS Number:
- A11977562
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- March 9, 2026 10:14 am
- Living Area:
- 3,500 Sqft
- Built-Up Area:
- 3,500 Sqft
- Lot Size Unit:
- Square Feet
- Lot Features:
- Less Than Quarter Acre
- Waterfront:
- No
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central
- Year Built:
- 2008
- Year Built Details:
- Resale
- Roof:
- Flat, Tile
- Architectural Style:
- Fourplex
- Construction Materials:
- Block
- Flooring:
- Tile, Laminate
- Stories:
- 3
- Tax Annual Amount:
- $35,354.00
- Tax Year:
- 2025
- Association Fee Frequency:
- Monthly
- Property Tax Status:
- Tax Reflects No Exemptions
- Parking Total Spaces:
- 8
- Covered Spaces:
- 0
- Sewer:
- Public Sewer
- Utilities Available:
- Cable Available
- Water Source:
- Public
- Subdivision Name:
- PALM TERRACE
- Senior Community:
- No
- Documents Available:
- Lease
- Listing Terms Considered by Seller:
- Cash, Conventional
- Occupant Type:
- Tenant
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- 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
- Real Estate Folio Number (Parcel Number):
- 01-41-16-166-0001
- Zoning Description:
- 3900
- Originally published on:
- March 9, 2026 10:14 am
- Active on the market since:
- March 9, 2026
- Price change occurred on:
- March 5, 2026 4:42 pm
- Listing Status Last Changed On:
- March 9, 2026 10:14 am
- Photos updated on:
- March 28, 2026 2:36 pm
- Last Modified:
- March 28, 2026 2:36 pm
- Flood Zone:
- X
- Type of Association:
- Condo
- Style:
- Fourplex
- Municipal Code:
- 1
- Subdivision Number:
- 166
- Courtesy of:
- Grove Town Properties, Inc.
- Attribution:
- Not provided
- Street Name:
- Coconut Ave
- Street Number:
- 2945
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33133
- County:
- Miami-Dade
- Latitude:
- N25° 44' 17.2''
- Longitude:
- W81° 45' 34.2''
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
Want to schedule an in-person or virtual tour? Have questions?
Want to schedule an in-person or virtual tour? Have questions?
Schedule a Tour or Ask a Question
Ver la propiedad 2945 Coconut Ave
