Address Withheld By Seller, Miami, FL 33133

Miami
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
Address Withheld By Seller,Miami, FL 33133
$1,039,000
Virtual Tour
  • - Beds
  • - Baths
  • 2,974 sq. ft.
  • Multi-family
  • Active
Listed by: george gil
Office: florida capital realty786-953-5870
MLS#:A12072468
Source:SEFMLS

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Price summary

  • Price:$1,039,000
  • Price per sq. ft.:$324.48

About this home

PRICE REDUCED — COCONUT GROVE AREA. High-yield value-add asset priced at just $349/sqft on a massive 3,043 SF footprint with immediate $6,300/mo cash flow. Discounted for some cosmetic updates. Great growth potential for cash buyer/1031 Exchange. • Asset & Lot: 100% Occupied Active multi-unit rental stream on an oversized ~6,953 sqft lot with ample parking. Some updates unlock a 7.5%+ Pro-Forma Cap Rate based on market rent projections. • Zoning & History: Grandfathered legal duplex. Features a legally permitted, structurally superior 1984 rear expansion (fully documented SF). Property search shows 1 unit because it has not been updated there, but the multi-unit layout is legal and fully established. • Roof & Location: Premium roof replaced just 3 years ago, drastically lowering insurance. Blocks to Coral Gables, Coconut Grove, Douglas Park, and Metrorail for a fast commute to Brickell/Downtown. Notice: Long-term residents are not yet aware of the sale; strictly do not disturb the...

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Home facts

  • Year built:1924
  • Subdivision & Development:AVALON SUB
  • Listing ID #:A12072468
  • Updated:November 06, 2026 at 11:06 AM

Rooms and interior

  • Flooring:Ceramic Tile, Terrazzo
  • Living area:2,974 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans, Central Air, Electric
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Flat, Shingle
  • Year built:1924
  • Building area:2,974 sq. ft.
  • Lot Features:Oversized Lot
  • Construction Materials:Block, Stone
  • Exterior Features:Patio
  • Levels:1 Story

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,039,000
  • Price per sq. ft.:$324.48
  • Tax amount:$14,609 (2025)

Parking

  • Total parking spaces:6
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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