2945 Coconut Avenue, Miami, FL, 33133
2008
3,500 sqft
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.
Status:
Active
Type:
Multi-family
Units:
4
Zoning:
3900
Subdivision:
PALM TERRACE
Heating:
Central, Separate Meters
Cooling:
Central Air
Levels:
3
Lot Size:
7500
Est. Taxes:
$35,354
Construction
CBS
Utilities
Cable Available
Elementary School:
Coconut Grove
Middle School:
Ponce De Leon
High School:
Coral Gables
Days on Market:
122
MLS #:
A11977562
Community Info
School Info
Walk Score
Yelp
Similar Properties
New or Coming Soon Properties
Copyright ©2026 Beaches Multiple Listing Service, Inc
Listing courtesy of Grove Town Properties, Inc. 786-554-8947