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Active - Quadruplex for sale

2945 Coconut Ave, Miami FL 33133

3,500 sqft

Facts & features

Quadruplex Property type
250 days on Beycome
2008 Year built
$693 Price/Sqft.

Why you’ll love it

Do not miss this 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.

Translating description...

Listings courtesy of Grove Town Properties, Inc..

Listed by: Adam Kutner • 305-632-7232 • Grove Town Properties, Inc.

Co-listed by: Grove Town Properties, Inc.

Source: Miami MLS, MLS#: A11977562 Miami MLS logo

Based on info available as of Nov 13, 2026 at 7:00 PM EST.

Come see by yourself

Affordability

$1,575,000$3,275,000
1%20%
0%90%
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Estimated monthly payment

$15,208/mo

  • Mortgage$12,262
  • Property tax$2,946
  • HOA fee
  • Homeowners insurance
Due at closing$1,927,875
Down payment held in escrow$485,000
Closing costs$36,375
beycome credit Est.$48,500

Beycome estimates only. Actual amounts and terms vary by lender and location.

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About Palm Terrace

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Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Copyright ©2026. Based on information as of Nov 13, 2026 at 07:00pm EST.

$2,425,000 Listed price

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$48,500 Credit back

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