- $2,800,000
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.
Address
Open on Google Maps-
Address: Coconut
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City: Miami
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State/county: Miami-Dade
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Zip/Postal Code: 33133
Details
Updated on July 31, 2026 at 11:54 am-
Property ID A11977562
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Price $2,800,000
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Property Size 3500 Sq Ft
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Year Built 2008
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Type Quadruplex
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Property Status Residential Income
Additional details
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AssociationFee 0
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AssociationFeeFrequency Monthly
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BuildingAreaTotal 3500
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CLIP 6077036636
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CommonInterest Condominium
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ConstructionMaterials Block
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ContractStatusChangeDate 2026-03-09
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Cooling Central Air
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CumulativeDaysOnMarket 143
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CurrentPrice 2800000
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DaysOnMarket 143
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DaysOnMarketReplication 143
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DaysOnMarketReplicationDate 2026-07-30
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DaysOnMarketReplicationIncreasingYN 1
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Directions Please use GPS. In Coconut Grove on Coconut Ave.
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DocumentsAvailable Lease
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DocumentsChangeTimestamp 2026-07-30T19:46:38.000-00:00
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DocumentsCount 0
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ElementarySchool Coconut Grove
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Flooring Laminate, Tile
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GrossIncome 13400
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Heating Central, Separate Meters
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HighSchool Coral Gables
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InternetAddressDisplayYN 1
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InternetEntireListingDisplayYN 1
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ListAOR Miami REALTORS
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ListAgentAOR Miami Association of REALTORS
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ListAgentDirectPhone 305-632-7232
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ListAgentEmail adamkutner@yahoo.com
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ListAgentFirstName Adam
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ListAgentFullName Adam G Kutner
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ListAgentKey 26733842
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ListAgentKeyNumeric 26733842
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ListAgentLastName Kutner
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ListAgentMiddleName G
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ListAgentMlsId SEF0688940
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ListAgentNationalAssociationId 279519022
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ListAgentOfficePhone 786-554-8947
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ListAgentPreferredPhone 305-632-7232
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ListAgentStateLicense 0688940
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ListOfficeAOR Miami Association of REALTORS
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ListOfficeEmail joey@grovetownproperties.com
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ListOfficeKey 5901182
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ListOfficeKeyNumeric 5901182
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ListOfficeMlsId SEFBVRG01
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ListOfficeName Grove Town Properties, Inc.
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ListOfficePhone 786-554-8947
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ListingAgreement Exclusive Agency
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ListingContractDate 2026-03-09
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ListingKey 1154822220
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ListingKeyNumeric 1154822220
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ListingTerms Cash, Conventional
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LotSizeDimensions 7500
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MLSAreaMajor 2410
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MajorChangeTimestamp July 28, 2026 at 09:19am
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MajorChangeType Price Change
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MapCoordinateSource Imported
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MiddleOrJuniorSchool Ponce De Leon
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MlsStatus Active
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MobileDimUnits Feet
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ModificationTimestamp July 31, 2026 at 08:59am
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NumberOfUnitsInCommunity 4
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NumberOfUnitsTotal 4
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OnMarketDate 2026-03-09
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OnMarketTimestamp 2026-03-09T00:00:00.000-00:00
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OpenHouseModificationTimestamp 2026-07-30T20:03:29.980-00:00
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OriginalEntryTimestamp March 9, 2026 at 11:14am
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OriginalListPrice 3000000
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OriginatingSystemID M00000151
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OriginatingSystemKey 550983522
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OriginatingSystemListAgentMemberKey 1202327
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OriginatingSystemListOfficeKey 1251516
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OriginatingSystemModificationTimestamp 2026-07-30T20:03:29.980-00:00
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OriginatingSystemName BEACH
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OriginatingSystemSubName BEACH_MIAMI
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ParcelNumber 0141161660001
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ParkingTotal 8
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Permission IDX
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PhotosChangeTimestamp July 31, 2026 at 08:59am
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PhotosCount 27
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Possession Close Of Escrow
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PostalCity Miami
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PostalCode 33133
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PostalCodePlus4 3787
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PreviousListPrice 3000000
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PriceChangeTimestamp July 28, 2026 at 09:19am
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PropertyCondition Resale
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PropertySubTypeAdditional Quadruplex
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PublicSurveyTownship 1
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Roof Flat, Tile
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Sewer Public Sewer
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SourceSystemID TRESTLE
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SourceSystemKey 1154822220
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SourceSystemName flexmls
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StateOrProvince FL
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StatusChangeTimestamp March 9, 2026 at 12:00am
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StoriesTotal 3
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StreetName Coconut
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StreetNumber 2945
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StreetNumberNumeric 2945
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StreetSuffix Avenue
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StructureType Multi Family
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SubdivisionName PALM TERRACE
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TaxAnnualAmount 35354
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TaxLegalDescription COCONUT DEVELOPERS CONDO PALM TERR PB 3-47 LOT 18 BLK 1 AS DESC IN DECL OR 26747-2881 LOT SIZE 7500 SQFT FAU 01-4116-029-0160
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TaxYear 2025
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UniversalPropertyId US-12025-N-0141161660001-R-N
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Utilities Cable Available
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VideosChangeTimestamp 2026-07-31T08:59:44.100-00:00
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VideosCount 0
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WaterSource Public
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Zoning 3900
Overview
- Quadruplex
- 3500 Sq Ft
Mortgage Calculator
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
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PMI
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Monthly HOA Fees
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Contact Information
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