2945 Coconut Avenue, Miami, FL 33133

$2,800,000
3,500
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$2,800,000
Days on Market
156
Price Change
▼ $200,000 1785260536
MLS#
A11977562
Year Built
2008
Living Area
3,500
MLS Area Major
2410

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 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.

Additional Information

Taxes
$35,354
Utilities
Cable Available
Heating
Central, Separate Meters
Air Conditioning
Central Air
Exterior Construction
Block
Roof
Flat, Tile
Elementary School
Coconut Grove
Middle School
Ponce De Leon
High School
Coral Gables

Listing courtesy of Grove Town Properties, Inc..

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks