2945 Coconut Ave, Miami, FL 33133

Miami
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
2945 Coconut Ave,Miami, FL 33133
$2,800,000
Virtual Tour
  • - Beds
  • - Baths
  • 3,500 sq. ft.
  • Multi-family
  • Active
Listed by: adam kutner
Office: grove town properties, inc.786-554-8947
MLS#:A11977562
Source:SEFMLS

Price summary

  • Price:$2,800,000
  • Price per sq. ft.:$800

About this home

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...

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Home facts

  • Year built:2008
  • Subdivision & Development:PALM TERRACE
  • Listing ID #:A11977562
  • Updated:August 14, 2026 at 09:51 AM

Rooms and interior

  • Flooring:Tile
  • Living area:3,500 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Flat, Tile
  • Year built:2008
  • Building area:3,500 sq. ft.
  • Architectural Style:Fourplex
  • Construction Materials:Block
  • Levels:3 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,800,000
  • Price per sq. ft.:$800
  • Tax amount:$35,354 (2025)

Parking

  • Total parking spaces:8
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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