2945 Coconut Ave, Miami, FL 33133

• 3,500 sqft

Property Description

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.

Listing Status:

Active

Date Added:

March 9, 2026

Data Last Updated:

May 1, 2026 at 6:06AM

Listing Office:

Grove Town Properties, Inc. : 786-554-8947

Listing Agent:

Adam Kutner : 305-632-7232

MLS ID:

A11977562

Interior

• Flooring: Tile
• A/C: Central Air
• Heating: Central

Exterior

• Style: Attached
• Parking: Parking spaces: 8

Construction

• Roofing: Flat Tile
• General: CBS Construction3

Location

• HOA Amenities: 0.0Monthly
• Originating MLS: Miami Association of REALTORS®
• County: Miami-Dade County

Lot

• Zoning: 3900COCONUT DEVELOPERS CONDO PALM TERR PB 3-47 LOT 18 BLK 1 AS DESC IN DECL OR 26747-2881 LOT SIZE 7500 SQFT FAU 01-4116-029-016001-41-16-166-0001

Utilities

• Water: Municipal Water
• Sewer: Public Sewer

Financial

• Source: Miami Association of REALTORS®