Multi-Family
3,500
SQUARE FEET
Quadruplex
Type
2008
Built
Listing courtesy of
Grove Town Properties, Inc.
Adam Kutner
MLS® #A11977562
Listing information last updated March 28, 2026
MiamiCityRealty.com is an agent's best friend. We proudly co-broke and partner with Grove Town Properties, Inc. — and every agent and broker in Miami — to get the deal done.
Overview
This quadruplex in Coconut Grove offers 3,500 square feet, and is listed for sale at $3,000,000 (about $857 per square foot). Built in 2008.
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 history
Listed for sale
Mar 9, 2026 · MIAMI MLS
$3,000,000
Days on market
as of today
134 days
Building & financials
FROM MIAMI MLSThe carrying-cost and structural facts that close or kill a Miami deal — straight from the listing feed.
Annual property tax (2025)
$35,354
Association type
Condo
FEMA flood zone
X
Dues, taxes, and association data per MIAMI MLS and public records; flood zone from FEMA NFHL. Verify with the HOA, county, and your insurer during due diligence.
Property details
Features & amenities
Location
2945 Coconut Ave, Miami FL 33133
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Est. monthly payment
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List your rental →Listing data © MIAMI MLS · IDX information deemed reliable but not guaranteed · 134 days on market.
We do not advertise a “free” buyer’s agent; buyer-representation compensation is disclosed in writing. Bitcoin pricing is indicative and updates with the market — not financial, tax, or legal advice. Buyer to independently verify all measurements, assessments, and flood & insurance facts.