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2945 Coconut Ave Miami, FL $ 3,000,000
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$ 3,000,000 Get more info
2945 Coconut Ave
$ 3,000,000
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2945 Coconut Ave

Miami, FL, 33133
$ 3,000,000
Bedrooms2 Baths2.1 Sq 3,500

Monthly Estimate*

$ 18,472

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Multi-Family Home for sale in Miami, FL

for $3,000,000 with 2 bedrooms and 2 full baths, 1 half bath. This 3,500 square foot home was built in 2008.

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.

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Multi-Family Active

Price

$ 3,000,000

Bedrooms

2

Full Bath

2

Half Bath

1

Property Type

Multi-Family

Taxes

$ 35,354

Style

Year Built

2008

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11977562
Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available
Possession Close Of Escrow
Roof Flat Tile
HOA Fee 0
Architectural Style Fourplex
Pool Features None
Construction Materials Block
Year Built 2008
Stories Count 3
Property Subtype Quadruplex
Tax Year 2025
Assoc Fee Paid Per Monthly
County Miami-Dade
Property Type Residential Income
Subdivision Name PALM TERRACE
Rent Includes None
Full Baths 2
Special Listing Conditions Listed As-Is
Status Active
Directions Please use GPS. In Coconut Grove on Coconut Ave.
City Miami
Zoning Description 3900
Number Of Units Total 2
MLS Area 41
Lot Size Units Square Feet
Listing Terms Cash Conventional
Year Built Details Resale
Tax Annual Amount 35354
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11977562
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Quadruplex
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
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Interior
Flooring Laminate Tile
Air Conditioning Y/N true
Heating Y/N true
Half Baths 1
Total Bedrooms 2
Total Baths 0
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Exterior
Lot Features < 1/4 Acre
Water Source Public
Total Parking 8
Spa false
Building Area Total 3500
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Grove Town Properties, Inc.

Broker

adamkutner@yahoo.com

Email

Affordability Calculator

$21,418
Per Month
86%
14%
0%
Monthly Principal & Interest
$18,472
Monthly Property Taxes
$2,946
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
3/9/2026 $3,000,000 Listed Price

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2945 Coconut Ave, Miami, FL, 33133 is a Multi-Family Home for sale at $3,000,000 with 3,500 sqft. 2945 Coconut Ave has 2 bedrooms, 2.1 baths, and was built in 2008. The property's zip code is 33133 which is in Miami, FL

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