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3500
Quadruplex, Residential 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.
This quadruplex home located at 2945 Coconut Ave, Miami FL 33133 is currently for sale and has been available on Brickellsold for 7 days. This property is listed at $3M. It has N/A beds, N/A bathrooms, and is 3500 square feet. It was built in 2008. 2945 Coconut Ave, Miami FL 33133 is in Miami county Miami-Dade County.
