
MIAMI REALTORS® MLS2945 Coconut Avenue, Miami, FL 33133
- Beds
- —
- Baths
- 0
- Sqft
- 3,500
- Home type
- Quadruplex
- Year built
- 2008
- Lot size
- —
- Price / sqft
- $800
- HOA
- $0/mo
- Community
- PALM 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 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.
Listing activity
- Days on market
- 198
- Listed
- Mar 9, 2026
- MLS listing updated
- Sep 23, 2026
- Feed last checked
- 9 minutes ago
Listed by Adam G Kutner · Grove Town Properties, Inc.
Map
Map location is based on MLS-supplied coordinates. Verify the location before relying on it.
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms
- 0
- Bathrooms (decimal)
- 0
Rooms & features
- Flooring
- Laminate, Tile
Heating & cooling
- Heating
- Separate Meters, Central
- Cooling
- Central Air
Property
Exterior
- Stories
- 3
- Building area
- 3,500 sqft
- Pool
- No
- Waterfront property
- No
Lot
- Lot dimensions
- 7500
- Zoning
- 3900
Construction
Type & style
- Home type
- Quadruplex
- Structure type
- Multi Family
- Year built
- 2008
- New construction
- No
Materials
- Construction
- CBS
- Roof
- Flat, Tile
- Property condition
- Resale
Utilities & green energy
Utilities
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Cable Available
Community & HOA
Community
- Subdivision
- PALM TERRACE
- MLS area
- 2410
Association
- Has association
- Yes
- Association fee
- $0 monthly
- Estimated monthly dues
- $0
Lease details
Not reported by the listing source.
Location
Area details
- City
- Miami
- County
- Miami-Dade
- ZIP code
- 33133
Manufactured home details
Not reported by the listing source.
Financial & listing details
Listing
- MLS number
- A11977562
- Possession
- Close Of Escrow
- Original list price
- $3,000,000
- Parcel number
- 0141161660001
- Annual property tax
- $35,354
- Tax year
- 2025
- Tax legal description
- COCONUT DEVELOPERS CONDO PALM TERR PB 3-47 LOT 18 BLK 1 AS DESC IN DECL OR 26747-2881 LOT SIZE 7500 SQFT FAU 01-4116-029-0160
Additional MLS details
Reported by the listing source
- Association Fee Frequency
- Monthly
- Association
- Yes
- Bathrooms Total Decimal
- 0
- Bathrooms Total Integer
- 0
- Building Area Total
- 3500
- Construction Materials
- CBS
- County Or Parish
- Miami-Dade
- Days On Market
- 198
- Elementary School
- Coconut Grove
- High School
- Coral Gables
- List Price
- 2800000
- Listing Contract Date
- 2026-03-09
- Living Area
- 3500
- Lot Size Dimensions
- 7500
- MLSArea Major
- 2410
- Middle Or Junior School
- Ponce De Leon
- Mls Status
- Active
- On Market Date
- 2026-03-09
- Photos Count
- 57
- Postal Code
- 33133
- Price Change Timestamp
- 2026-07-28T13:19:36Z
- Property Sub Type
- Quadruplex
- Property Type
- Residential Income
- Standard Status
- Active
- State Or Province
- FL
- Status Change Timestamp
- 2026-03-09T04:00:00Z
- Stories Total
- 3
- Subdivision Name
- PALM TERRACE
- Water Source
- Public
- Tax Annual Amount
- 35354
- Pool Private
- No
- Waterfront
- No
Market value
Price history
| Date | Event | Price |
|---|---|---|
| Mar 9, 2026 | ListedMIAMI REALTORS® MLS | $3,000,000$857/sqft |
| Jul 28, 2026 | Price reducedMIAMI REALTORS® MLS | $2,800,000$800/sqft |
Public tax history
| Year | Property taxes | Assessment |
|---|---|---|
| 2025 | $35,354 | — |
Payment calculator
- Principal & interest
- $14,529
- Property taxes
- $2,946
- Insurance
- $1,400
- Association dues
- $0
Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.
Neighborhood
Area
PALM TERRACEMiami · Miami-Dade County · 33133
Climate risk
—No licensed climate-risk source is connected.
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