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2945 Coconut Ave, Miami, FL 33133

$3,000,000
  • 2945 Coconut Ave, Miami, FL 33133 Main Photo

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Active
BEDS0 BATHS SQUARE FEET3,500 MLS#A11977562
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONPALM TERRACE

Property Description

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 Miamis 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 Ave | MLS# A11977562

This multi-family property located at 2945 Coconut Ave, Miami, FL 33133 is currently listed for sale with an asking price of $3,000,000. Search Miami real estate on www.realty100.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Home Style: Attached
Roof Type: Flat Tile
Stories: 3.0
Taxes: $35,354
Year Built: 2008

Feature Descriptions

Crops Included Y/N: No
Days on Site: 87
Directions: Please use GPS. In Coconut Grove on Coconut Ave.
Exterior: CBS Construction
Flooring: Tile
Home Warranty Y/N: No
Lease Considered Y/N: No
Listing Terms: All Cash, Conventional
Lot: Less Than 1/4 Acre Lot
Parcel#: 01-41-16-166-0001
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Units: 4
Water: Municipal Water

Listed By / Shown By

Listed By

Agency Name: Grove Town Properties, Inc.
Agency Phone: 786-554-8947

Shown By

Agency Title: Realty 100
Agency Phone: 954-859-2100

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Estimated Payment

$ 10,497.87 per month $6,676.70 Principal & Interest $2,946.17 Property Tax $875.00 Homeowner's Insurance

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