Multifamily in Miami, FL 33133
Frow Homestead, 3210 E Elizabeth St

Beds
1,492
SqFt
$1,257
$/SqFt
High-End Multifamily
Built in 1948
Rare development opportunity in the heart of Coconut Grove! Fully leased, income-producing duplex on a 6,000 SF duplex-zoned lot with two excellent tenants in place. Ideal for new construction, build two luxury townhomes (approx. 1,845 SF each, 3 bed / 3 bath). Estimated hard cost is $200/SF, with a projected all-in cost of $1.3M per townhome. Resale comps in the $1.6M+ range offer strong upside for developers. Utilities at street. Lot may be split, buyer to verify with city. Prime location near parks, shops, schools, and dining. Drive-by only; do not disturb tenants. Showings will be scheduled for serious buyers only. Conceptual plans available for illustration purposes only.
MLS Number: A11839361
On Site: 437 Days
Updated: 20 Days ago
Page Views: 0

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Electric
        • Cooling Description: Electric
        Building and Construction
        • Floor Description: Hardwood,Tile,Wood
        • Year Built: 1948
        • Year Built Description: Effective Year Built
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2025-07-13T00:40:48.000-00:00
          Taxes, Fees & More
          • Taxes: 14098

          Apples-to-Apples Comparables

           Closest-Match Comparables
          See closest-match comps for this subdivision
          No obligation
          Verified
          Trends
          Insights
          Best of Luxury Realty
          Talk to a local advisor
          Licensed advisors answering your questions across Miami, FL
          01
          Licensed Brokerage
          02
          Local Advisors
          03
          Direct Answers
          Exclusive real estate service partner

          Price History

          Current
          $1.9M
          High
          $2.1M
          Low
          $1.9M
          Total Change
          -5.8%
          $2.1M$2M$1.8MJul 25Sep 25Oct 25Dec 25May 26
          Date
          Event
          Price
          Change
          Price Per
          05/26/2026
          Price Reduced
          $1.9M
          -1.26%
          $1,257 ft2
          $13,527 m2
          12/30/2025
          Price Reduced
          $1.9M
          -3.85%
          $1,273 ft2
          $13,700 m2
          10/16/2025
          Price Reduced
          $2M
          -5.95%
          $1,324 ft2
          $14,249 m2
          09/08/2025
          Price Increased
          $2.1M
          5.53%
          $1,408 ft2
          $15,150 m2
          07/12/2025
          Listed
          $2M
           
          $1,334 ft2
          $14,357 m2
          05/26/2026
          $1.9M
          Event
          Price Reduced
          Change
          -1.26%
          Price Per
          $1,257 ft2
          $13,527 m2
          12/30/2025
          $1.9M
          Event
          Price Reduced
          Change
          -3.85%
          Price Per
          $1,273 ft2
          $13,700 m2
          10/16/2025
          $2M
          Event
          Price Reduced
          Change
          -5.95%
          Price Per
          $1,324 ft2
          $14,249 m2
          09/08/2025
          $2.1M
          Event
          Price Increased
          Change
          5.53%
          Price Per
          $1,408 ft2
          $15,150 m2
          07/12/2025
          $2M
          Event
          Listed
          Price Per
          $1,334 ft2
          $14,357 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Frank PotamosAvanti Way Realty LLC • Buyer Agency Compensation .

          Transit & Commute from Frow Homestead

          DriveBikeWalk
          Showing driving times from this listing.
          Add a destination to see how long it takes to get there
          32
          Traffic score
          Congested area. Frequent traffic delays
          Sign in to add destinations and see commute times

          Listing Location & Street View
          MapStreet View

          Peer Listings

          Active listings from matched communities
          Results 0 of 0
          No listings found
          Try adjusting your filters or changing your location to see available listings
          Turn on listing alerts and we'll notify you
          when matching listings appear

          Scores

          Walk Score®
          Walker's Paradise. Daily errands do not require a car
          91

          100
          Transit Score®
          Good Transit. Many nearby public transportation options
          54

          100
          Bike Score®
          Very Bikeable. Biking is convenient for most trips
          81

          100
          Sound Score®
          Bearable noise
          75

          100
          Airport Score
          Close to airports. Noticeable airport activity
          0

          100
          Traffic Score
          Congested area. Frequent traffic delays
          32

          100
          Local Score
          Limited local amenities nearby
          2

          100
          Community Snapshot
          2 – 5 BR
          Bedrooms
          $775K – $4.2M
          Price Tier
          528 - 4,081
          SqFt Range
          1962
          Year Build
          2
          Total Floors

          Miami
          High-End
          High-End Homes & Condos

          Frow Homestead Communities in Miami, FL