Active
quadruplex
SALE
2945 Coconut Avenue, Miami, Florida 33133
Miami, FL 33133
$2,800,000
3,500 sqft
Property Details
MLS#
A11977562
Type
Quadruplex
Square Footage
3,500
Year Built
2008
Tax Amount
$35,354
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.
Amenities
3 Stories
Built 2008
Cooling: Central Air
Heating: Central, Separate Meters
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30 Year Fixed, 6.59% Interest
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Property Location
Listing Office:
Grove Town Properties, Inc.
Listing Agent:
Adam Kutner
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