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$1,099,000
Monthly Est:$5,470
5 Beds
- 2 Baths
2,974sqft
(Undisclosed), Miami, FL 33133
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$1,099,000
$5,470/moEst:
Get Pre-Approved
Duplex
Built in 1924
$-- HOA
-- sqft lot
$370/sq.ft
Description
PRICE REDUCED — COCONUT GROVE AREA. 5.17% INITIAL CAP / 7.5%+ PRO-FORMA YIELD. High-yield value-add asset priced at just $361/sqft on a massive 3,043 SF footprint. 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 occupants. Full financials will be shared upon request. Interior access will be granted ONLY upon verified upfront POF submitted directly to the listing agent.
- Houzeo last checked: 10 minutes ago
- Listing updated: October 1, 2026 at 5:48 pm
- Listing Provided by: George Luis Gil DRE #3310528 | Florida Capital Realty (786) 953-5870
- Source: Beaches MLS-FL | MLS#: A12072468

Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
Year Built
1924
HOA Fees
-
Finished Area
2,974 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Beaches MLS
MLS Number
A12072468
MLS Status
Active
Days on Market
68
Cumulative Days on Market
41

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Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 2
Interior
Heating
Central, Electric, Separate Meters
Exterior Features
Outdoor Living Area
Cooling
Central Air, Ceiling Fans, Electric
Flooring
Ceramic Tile, Terrazzo
Sewer
Public Sewer
Construction
Year Built
Year Built: 1924
Home type
Duplex
Roof
Flat, Shingle
Construction Materials
Block, Stone Veneer
Utilities & Energy
Utilities
Cable Available
Electric
Circuit Breakers
Other Features
Disclosures
Owner Is Listing Agent
Subdivision Name
Avalon Sub
Lot Features
Oversized Lot
Patio And Porch Features
Patio
Price History
| Date | Event | Price |
|---|---|---|
08/21/2026 Source: | Listed for Sale | $1,099,000 $370/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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