ActiveQuadruplex
2945 Coconut Ave, Miami FL 33133
Miami, FL 33133 · MLS #A11977562The residence
About this property
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.
At a glance
Property details
- Property type
- Quadruplex
- Listing type
- For sale
- Status
- Active
- Living area
- 3,500 sq. ft.
- Year built
- 2008
- Lot size
- 0 sq. ft.
- Subdivision
- PALM TERRACE
- County
- Miami-Dade County
- Days on market
- 192
- Original list price
- $3,000,000
- Listing date
- March 9, 2026
- Annual property tax
- $35,354 (2025)
- Listing agent
- Adam Kutner
- Listing office
- Grove Town Properties, Inc.
- MLS number
- A11977562
Neighborhood & location
Explore PALM TERRACE
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
- $14,158
- Property taxes
- $2,946
- Homeowners insurance
- $1,400
- Estimated total
- $18,504
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.
Listing courtesy of Grove Town Properties, Inc., 786-554-8947.
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.