- MLS® #: A11942087
- 16585 Ne 3 Ave
- Miami, FL 33162-3558
- $2,950,000
- 5,850 SqFt
- Income
- MLS® #: A11977562
- 2945 Coconut Ave
- Miami, FL 33133-3787
- $3,000,000
- 3,500 SqFt
- Income
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.
View Virtual TourEssential Information
- MLS® #A11977562
- Price$3,000,000
- CAD Dollar$4,119,438
- UK Pound£2,238,129
- Euro€2,595,870
- Bathrooms0.00
- Square Footage3,500
- Year Built2008
- TypeIncome
- Sub-TypeQuadruplex
- StyleFourplex
- StatusActive
Community Information
- Address2945 Coconut Ave
- Area41
- SubdivisionPALM TERRACE
- CityMiami
- CountyMiami-Dade
- StateFL
- Zip Code33133-3787
Amenities
- UtilitiesCable Available
- Parking Spaces8
Interior
- InteriorLaminate, Tile
- HeatingCentral
- CoolingCentral Air
- # of Stories3
Exterior
- RoofFlat, Tile
- ConstructionBlock
- Office: Grove Town Properties, Inc.
2945 Coconut Ave on www.jupiteroceanfronthomes.us
Offered at the current list price of $3,000,000, this home for sale at 2945 Coconut Ave features bedrooms and 0 bathrooms. This real estate listing is located in PALM TERRACE of Miami, FL 33133-3787 and is approximately 3,500 square feet. 2945 Coconut Ave is listed under the MLS ID of A11977562 and has been on the Miami real estate market for 10 days.Facts About Miami, FL
Each winter during Carnaval Miami, salsa tunes blare and the smell of spicy chorizo fills the air on Calle Ocho, the commercial thoroughfare and heart of Miami's Little Havana. The roaring street festival, which culminates in the world's longest conga line, is the last of 10 events comprising the Latin-spiked Carnaval.
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The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the REALTOR® Association of Greater Miami and the Beaches, and is updated as of March 20th, 2026 at 6:14am CDT (date/time).
All information is deemed reliable but not guaranteed by the MLS and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Waterfront Properties and Club Communities shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2026 MLS of RAMB.
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