- $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: Array
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City: Miami
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State/county: Miami-Dade
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Zip/Postal Code: Array
Details
Updated on August 27, 2026 at 8:53 am-
Property ID Array
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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 170
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CurrentPrice 2800000
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DaysOnMarket 170
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DaysOnMarketReplication 170
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DaysOnMarketReplicationDate 2026-08-26
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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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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 2026-07-28T09:19:36.000-00:00
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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 2026-08-27T05:13:13.240-00:00
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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 2026-08-26T19:24:01.713-00:00
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OriginalEntryTimestamp 2026-03-09T11:14:45.000-00:00
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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 2026-08-26T19:24:01.713-00:00
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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 2026-08-27T05:13:13.173-00:00
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PhotosCount 57
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Possession Close Of Escrow
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PostalCity Miami
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PostalCodePlus4 3787
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PreviousListPrice 3000000
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PriceChangeTimestamp 2026-07-28T09:19:36.000-00:00
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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 2026-03-09T00:00:00.000-00:00
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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 2026-08-27T05:13:13.173-00:00
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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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