$2,200,000New
3,400 sqft
905 SW 13th Ct, Miami, FL 33135
1ST WESTMORELAND ADDN
2945 Coconut Ave, Miami, FL 33133
$2,595,000— Beds— Baths3,500 Sq. Ft.$741 / sq. ft.
Miami, FL 33133 · PALM TERRACE
Status
Active
Type
Quadruplex
Year Built
2008
Days on Market
213
MLS #
A11977562
County
Miami-Dade County
About 2945 Coconut Ave, Miami, FL 33133
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.
How This Listing Compares in Miami
Per square foot, it is asking 87% above the Miami median for sales closed over the last twelve months — typical of premium views, newer construction or a top-tier building.
| This home | Miami median (12 mo) | |
|---|---|---|
| Price per sq. ft. | $741 | $397 |
| Days on market | 213 | 51 |
Medians from closed MLS sales in Miami; a starting point, not an appraisal.
Home Features at 2945 Coconut Ave, Miami, FL 33133
- Flooring
- Tile
- Heating
- Central
- Cooling
- Central Air
- Architectural Style
- Attached
- Pool Private
- No
- Year Built Details
- Resale
The Building at 2945 Coconut Ave, Miami, FL 33133
- Building Name
- PALM TERRACE
- Building Area Total
- 3500
- Building Area Units
- Square Feet
- Stories
- 3
- Stories Total
- 3
- Association
- Yes
- Association Fee
- 0
- Association Fee Frequency
- Monthly
Lot, Views & Construction at 2945 Coconut Ave, Miami, FL 33133
- Lot Features
- Less Than 1/4 Acre Lot
- Lot Size Square Feet
- 0
- Waterfront
- No
- View
- No
- Construction Materials
- CBS Construction
- Roof
- Flat Tile
- Sewer
- Public Sewer
- Water Source
- Municipal Water
- New Construction
- No
Taxes & Public Record for 2945 Coconut Ave, Miami, FL 33133
- Parcel Number
- 01-41-16-166-0001
- Tax Annual Amount
- $35,354
- Tax Year
- 2,025
- Tax Legal Description
- 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
- Zoning
- 3900
- County Or Parish
- Miami-Dade County
Map & Neighborhood
2945 Coconut Ave, Miami, FL 33133 · More homes in Miami
Courtesy of Grove Town Properties, Inc.
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2945 Coconut Ave, Miami, FL 33133 at a Glance
Offered for sale in Miami 33133, 2945 Coconut Ave is a multi-family home with about 3,500 square feet of living space, dating to 2008. The asking price is $2,595,000, on the market since March 9, 2026, with Grove Town Properties, Inc. as the listing brokerage. Public schools are run by the Miami-Dade County school district. Ask Matthew Gromadzki for a private showing, the full disclosure package, or comparable sales before you make an offer.