Quadruplex in 2945 Coconut Avenue, Miami, FL 33133 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 Avenue, Miami, FL 33133
- Price:
- $2,800,000.00
- Original List Price:
- $3,000,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $800.00
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential Income (Multifamily 2-4)
- Property Type:
- Fourplex (Quadruplex)
- Description of Last Important Update:
- Price Reduced
- Last Major Update on:
- July 28, 2026 1:19 pm
- Living Area:
- 3,500 Sqft
- Built-Up Area:
- 3,500 Sqft
- Lot Size Dimensions and Info:
- 7500
- Waterfront:
- No
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central, Separate Meters
- Year Built:
- 2008
- Roof:
- Flat, Tile
- Number of Units Total:
- 4
- Levels:
- Two
- Construction Materials:
- CBS
- Flooring:
- Tile, Laminate
- Number of stories:
- 3
- Structure Type:
- Multi Family
- Number of Units in the Community or Building:
- 4
- Flood Zone Code:
- X
- Property Condition:
- Resale
- Tax Annual Amount:
- $35,354.00
- Tax Year:
- 2025
- Association Fee Frequency:
- Monthly
- Property Tax Details:
- Tax Reflects No Exemptions
- Sewer:
- Public Sewer
- Utilities Available:
- Cable Available
- Water Source:
- Public
- Association
- Association Type:
- Condominium
- Subdivision Name:
- PALM TERRACE
- Senior Community:
- No
- Documents Available:
- Deposit - Security, Copy Of Lease(s), Deposit - Last Months Rent
- Listing Terms Considered by Seller:
- Cash, Conventional
- 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):
- 0141161660001
- Zoning:
- 3900
- Elementary School:
- Beacon Cove Intermediate
- High School:
- Coral Gables
- Middle Or Junior School:
- Ponce De Leon
- Active on the market since:
- March 9, 2026
- Listing Agreement executed on:
- March 9, 2026
- Price change occurred on:
- July 28, 2026 1:19 pm
- Listing Status Last Changed On:
- March 9, 2026 4:00 am
- Photos updated on:
- July 30, 2026 11:54 pm
- Last Modified:
- July 31, 2026 12:01 am
- Courtesy of:
- Grove Town Properties, Inc.
- Attribution:
- Not provided
- Street Name:
- Coconut
- Street Number:
- 2945
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33133
- County:
- Miami-Dade
- Latitude:
- N25° 44' 16.9''
- Longitude:
- W81° 45' 34''
- Street Suffix:
- Avenue
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
Ver la propiedad 2945 Coconut Avenue, Miami, FL 33133
