ActiveDuplex
, Miami FL 33133
Miami, FL 33133 · MLS #A12072468The residence
About this property
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.
At a glance
Property details
- Property type
- Duplex
- Listing type
- For sale
- Status
- Active
- Living area
- 2,974 sq. ft.
- Year built
- 1924
- Lot size
- 0 sq. ft.
- Subdivision
- AVALON SUB
- County
- Miami-Dade County
- Days on market
- 41
- Original list price
- $1,149,000
- Listing date
- August 21, 2026
- MLS record updated
- October 1, 2026
- Annual property tax
- $14,609 (2025)
- Listing agent
- George Gil
- Listing office
- Florida Capital Realty
- MLS number
- A12072468
Neighborhood & location
Explore AVALON SUB
Review nearby homes, local services, commute routes, schools, flood information, and community rules as part of your due diligence. Neighborhood information can change and should be verified with the appropriate local authority.
Schools
School information
- School district
- Miami-Dade County Public Schools
Plan your purchase
Mortgage calculator
- Principal & interest
- $5,557
- Property taxes
- $1,217
- Homeowners insurance
- $550
- Estimated total
- $7,324
Estimate only. Taxes, insurance, association fees, PMI, interest rate, and lender terms vary. Confirm the actual payment and closing costs with a licensed mortgage professional. Review Florida mortgage and pre-approval guidance.
Continue your search
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Listing courtesy of Florida Capital Realty, 786-953-5870.
Data provided by MIAMI Association of REALTORS®. Information is deemed reliable but is not guaranteed accurate by the MLS and should be independently verified. Property availability, price, and details are subject to change without notice.