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$2,800,000 Beds Baths3,500 Sq. Ft.$800 / sq. ft.

2945 Coconut Ave, Miami FL 33133

Miami, FL 33133 · PALM TERRACE

Status
Active
Type
Quadruplex
Year Built
2008
Days on Market
163
MLS #
A11977562
County
Miami-Dade County

Description of 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.

Property Details for 2945 Coconut Ave, Miami FL 33133

Flooring
Tile
Heating
Central
Cooling
Central Air
Architectural Style
Attached
Pool Private
No
Year Built Details
Resale

Building Information for 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

Property Information for 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

Public Records 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

Location

2945 Coconut Ave, Miami FL 33133 · More homes in Miami

Courtesy of Grove Town Properties, Inc.

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More information about 2945 Coconut Ave, Miami FL 33133

2945 Coconut Ave is a multi-family home for sale in Miami, FL 33133. This property was listed for sale on March 9, 2026 by Grove Town Properties, Inc., it's currently listed at $2,800,000. This listing's school district is Miami-Dade County Public Schools. 2945 Coconut Ave is a 3,500 sqft multi-family home built in 2008.