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$2,595,000
Monthly Est:$12,916
8 Beds
8 Baths
3,500sqft
2945 Coconut Ave, Miami, FL 33133
$2,595,000
$12,916/moEst:
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Quadruplex
Built in 2008
$-- HOA
-- sqft lot
$741/sq.ft
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 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.
- Houzeo last checked: 6 hours ago
- Listing updated: October 8, 2026 at 2:37 pm
- Listing Provided by: Adam G Kutner DRE #0688940 | Grove Town Properties, Inc. (786) 554-8947
- Source: Beaches MLS-FL | MLS#: A11977562
This condo is in:
NoneProperty Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
Year Built
2008
HOA Fees
-
Finished Area
3,500 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Beaches MLS
MLS Number
A11977562
MLS Status
Active
Days on Market
227
Cumulative Days on Market
213
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 8
Interior
Sewer
Public Sewer
Flooring
Laminate, Tile
Cooling
Central Air
Heating
Central, Separate Meters
Construction
Year Built
Year Built: 2008
Home type
Quadruplex
Roof
Flat, Tile
Construction Materials
Cbs Concrete Block Structure, Block
Property Condition
Resale
Utilities & Energy
Utilities
Cable Available
Water Source
Public
Other Features
Subdivision Name
Palm Terrace
Price History
| Date | Event | Price |
|---|---|---|
03/09/2026 Source: | Listed for Sale | $2,800,000 $987/sqft |
03/09/2026 Source: | Off Market | $2,800,000 +7.90% $987/sqft |
03/09/2026 Source: | Listed for Sale | $2,595,000 -7.32% $915/sqft |
03/09/2026 Source: | Price Decreased | $2,800,000 -6.67% $987/sqft |
03/09/2026 Source: | Price Increased | $3,000,000 +471.43% $1,057/sqft |
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IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by BeachesMLS. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This data is not verified for authenticity or accuracy and may not reflect all real estate activity in the market. Based on information © 2026 BeachesMLS, Inc. All Rights Reserved.
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