Basic Information
- MLS # A11977562
- Type Duplex / Quad Plex / Triplex
- Subdivision/Complex Palm Terrace
- Year Built 2008
- Total Sqft 3,500
- Date Listed 03/09/2026
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.
Exterior Features
- Waterfront No
- Parking Spaces 0
- Pool No
- Parking Description
Interior Features
- Adjusted Sqft 3,500Sq.Ft
- Sqft 3,500 Sq.Ft
Property Features
- Aprox. Lot Size 3,500
- Furnished Info No
- Lot Description Less Than Quarter Acre
- Short Sale Regular Sale
- HOA Fees N/A
- Subdivision Complex
- Subdivision Info Palm Terrace
- Tax Amount $35,354
- Tax Year 2025
2945 Coconut Ave
Miami, FL 33133Similar Properties For Sale
-
$3,500,0004 Beds4 Baths3,716 Sq.Ft4065 Battersea Rd, Coconut Grove, FL 33133 -
$3,299,0004 Beds4 Baths3,825 Sq.Ft3675 Loquat Ave, Miami, FL 33133 -
$3,295,0005 Beds4 Baths3,725 Sq.Ft2000 S Bayshore Dr #47, Miami, FL 33133 -
$3,250,0004 Beds4 Baths3,725 Sq.Ft2000 S Bayshore Dr #4, Coconut Grove, FL 33133 -
$3,199,0005 Beds5.5 Baths4,035 Sq.Ft2000 S Bayshore Dr #69, Miami, FL 33133 -
$3,000,0004 Beds3.5 Baths3,209 Sq.Ft4125 Poinciana Ave, Miami, FL 33133 -
$2,999,0005 Beds4 Baths3,439 Sq.Ft3211 Morris Ln, Coconut Grove, FL 33133 -
$2,975,0004 Beds3.5 Baths2,976 Sq.Ft3222 Matilda St #3222, Miami, FL 33133 -
$2,975,0005 Beds4 Baths2,781 Sq.Ft2650 Hilola St, Miami, FL 33133 -
$2,800,0004 Beds5 Baths2,837 Sq.Ft3144 Elizabeth St, Coconut Grove, FL 33133 -
$2,750,0003 Beds3.5 Baths3,493 Sq.Ft2000 S Bayshore Dr #46, Miami, FL 33133 -
$2,750,0004 Beds5 Baths2,837 Sq.Ft3142 Elizabeth St, Coconut Grove, FL 33133 -
$2,747,0003 Beds3.5 Baths2,802 Sq.Ft2977 Bridgeport Ave, Miami, FL 33133 -
$2,700,0002 Beds2.5 Baths2,710 Sq.Ft3535 Hiawatha Ave #305, Coconut Grove, FL 33133 -
$2,650,0003 Beds3.5 Baths2,913 Sq.Ft1648 Nocatee Dr, Miami, FL 33133 -
$2,597,0004 Beds4 Baths2,655 Sq.Ft3084 Indiana St, Miami, FL 33133 -
$2,500,0004 Beds4 Baths2,865 Sq.Ft3151 Hibiscus St #3151, Miami, FL 33133 -
$2,400,0000 Beds0 Baths3,195 Sq.Ft2960 Whitehead St, Coconut Grove, FL 33133 -
$2,400,0004 Beds3.5 Baths2,955 Sq.Ft3072 Indiana St #3072, Coconut Grove, FL 33133 -
$2,395,0003 Beds3.5 Baths2,950 Sq.Ft10 Edgewater Dr #4F, Coral Gables, FL 33133 -
$2,348,8884 Beds4.5 Baths2,945 Sq.Ft1769 Wa Kee Na Dr, Miami, FL 33133
The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Grove Town Properties, Inc.. tel: 786-554-8947
Real Estate IDX Powered by: TREMGROUP
