2945 Coconut Avenue, Miami, FL 33133

Listing Snapshot

About This Home

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.

General Features

Property Type

ResidentialIncome

Sub-type

Quadruplex

Stories

3

Parking Spaces

8

Zoning

3900

Utilities

CableAvailable

Subdivision

PALM TERRACE

Interior Features

Flooring

Laminate,Tile

Heating

Central,SeparateMeters

Cooling

CentralAir

Exterior Features

Construction

Block

Roof

Flat,Tile

Pool

No

Waterfront

No

Community Features

Association Dues

$0 / monthly

MLS Area

2410

Schools

Map

Virtual Tour