- Overview
- Description
- Property Details
- Location
- Facts & Features
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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: 12 hours ago
- Listing updated: October 8, 2026 at 2:35 pm
- Listing Provided by: Adam Kutner (305) 632-7232 DRE #0688940 | Grove Town Properties, Inc. (786) 554-8947
- Source: Miami MLS-FL | MLS#: A11977562
Part of
Property 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
Miami MLS
MLS Number
A11977562
MLS Status
Active
Days on Market
214
Cumulative Days on Market
213
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 8
Interior
Cooling
Central Air
Flooring
Laminate, Tile
Sewer
Public Sewer
Heating
Central
Construction
Year Built
Year Built: 2008
Home type
Quadruplex
Construction Materials
Cbs Concrete Block Structure, Block
Roof
Flat, Tile
Architectural Style
Fourplex
Utilities & Energy
Utilities
Cable Available
Pool Features
None
Water Source
Public
Other Features
Lot Features
Less Than Quarter Acre
Subdivision Name
Palm Terrace
Price History
| Date | Event | Price |
|---|---|---|
10/07/2026 Source: | Price Decreased | $2,595,000 -7.32% $741/sqft |
03/09/2026 Source: | Price Decreased | $2,800,000 -6.67% $800/sqft |
03/09/2026 Source: | Price Increased | $3,000,000 +7.14% $857/sqft |
03/09/2026 Source: | Off Market | $2,800,000 -6.67% $800/sqft |
03/05/2026 Source: | Listed for Sale | $3,000,000 $857/sqft |
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Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS® through Oct 09, 2026, 02:30PM. The MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law. Copyright Southeast Florida MLS a/k/a SEFMLS © 2026. All rights reserved.
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