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MLS #A11977562 image #0
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.
Current real estate data for Multi Family in Miami as of Nov 05, 2026
550
Multi Family Listed
128
Avg DOM
473
Avg $ / SqFt
$1,161,867
Avg List Price
Listing Provided Courtesy of Grove Town Properties, Inc. at 786-554-8947

Property Details

Price:
$2,550,000
MLS #:
A11977562
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
PALM TERRACE
Neighborhood:
2410
Listed Date:
Mar 9, 2026
Finished Sq Ft:
3,500
Total Sq Ft:
3,500
Year Built:
2008
Units:
4
Palm TerraceCoconut GrovePonce De LeonCoral Gables

Schools

Elementary School:
Coconut Grove
Middle School:
Ponce De Leon
High School:
Coral Gables

Interior

Cooling
Central Air
Flooring
Laminate, Tile
Heating
Separate Meters, Central

Exterior

Construction Materials
CBS
Roof
Flat, Tile

Financial

HOA Fee Frequency
Monthly
Tax Year
2025
Taxes
$35,354

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Property Summary

    Located in the PALM TERRACE subdivision, 2945 Coconut Avenue Miami FL is a Multi Family for sale in Miami, FL, 33133. It is listed for $2,550,000 To schedule a showing of MLS#a11977562 at 2945 Coconut Avenue in Miami, FL, contact your Trust House Realty agent at 9543362003.

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