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$1,099,000
$50KBeds
2,974
SqFt$370
$/SqFtPremium Multifamily
Built in 1924
Patio
PRICE REDUCED — COCONUT GROVE AREA. 5.17% INITIAL CAP / 7.5%+ PRO-FORMA YIELD. High-yield value-add asset priced at just $361/sqft on a massive 3,043 SF footprint. Discounted for some cosmetic updates. Great growth potential for cash buyer/1031 Exchange.
• Asset & Lot: 100% Occupied Active multi-unit rental stream on an oversized ~6,953 sqft lot with ample parking. Some updates unlock a 7.5%+ Pro-Forma Cap Rate based on market rent projections.
• Zoning & History: Grandfathered legal duplex. Features a legally permitted, structurally superior 1984 rear expansion (fully documented SF). Property search shows 1 unit because it has not been updated there, but the multi-unit layout is legal and fully established.
• Roof & Location: Premium roof replaced just 3 years ago, drastically lowering insurance. Blocks to Coral Gables, Coconut Grove, Douglas Park, and Metrorail for a fast commute to Brickell/Downtown.
Notice: Long-term residents are not yet aware of the sale; strictly do not disturb the occupants. Full financials will be shared upon request. Interior access will be granted ONLY upon verified upfront POF submitted directly to the listing agent.
MLS Number: A12072468
On Site: 52 Days
Updated: 11 Days ago
Page Views: 0
Features
Bedrooms
Bathrooms
Exterior and Lot Features
- Exterior Features: Patio
Interior, Heating and Cooling
- Heating Description: Central,Electric
- Cooling Description: CentralAir, CeilingFans, Electric
Building and Construction
- Floor Description: CeramicTile,Terrazzo
- Year Built: 1924
- Year Built Description: Effective Year Built
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2026-08-21T17:23:52.000-00:00
Taxes, Fees & More
- Taxes: 14609
Apples-to-Apples Comparables
Price History
Current
$1.1M
High
$1.1M
Low
$1.1M
Total Change
-4.4%Date
Event
Price
Change
Price Per
10/01/2026
Price Reduced
$1.1M
-4.35%$370 ft2
$3,978 m2
08/17/2026
Listed
$1.1M
$386 ft2
$4,159 m2
10/01/2026
$1.1M
Event
Price Reduced
Change
-4.35%Price Per
$370 ft2
$3,978 m2
08/17/2026
$1.1M
Event
Listed
Price Per
$386 ft2
$4,159 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by George Gil • Florida Capital Realty • Buyer Agency Compensation .
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Scores
80
100
57
100
83
100
68
100
0
100
40
100
2
100
Community Snapshot
$1.1M – $1.1M
Price Tier
665 - 5,000
SqFt Range
2015
Year Build
2
Total Floors
Subdivision Amenities
None
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- Robbins-Graham & Chillingsworth Land1
- Rock Reef House0
- Rosemount Multifamily2
- Santa Maria Condo2
- Sawyer & Roberts Multifamily0
- Serendipity In The Grove Townhouse0
- Shore Acres House2
- Silver Bluff Estates House8
- SLS Brickell Condo43
- SLS Lux Brickell Condo49
- Smart Brickell 1 Condo9
- South Bay Terrace Mixed1
- South Two Seven Lofts Condo1
- South Vedado House0
- St Louis Condo0
- Stirrup Grove Mixed0
- Stuart Terrace House1
- Tamiami Heights House1
- The Bond On Brickell Condo18
- The Coconut Grove Bayshore Condo0
- The Grove Club Condo1
- The Mutiny Condo5
- The Oaks Townhouse0
- The Orange Grove Townhouse0
- The Plaza On Brickell East Condo17
- Three Tequesta Point Condo11
- Tigertail Bay Condo1
- Tigertail Place Condo0
- Two Tequesta Point Condo5
- Utopia House2
- Victory Homesites Mixed1
- Villas At Buena Vista Mixed1
- Virginia Pointe Condo0
- Washington Place House2
- Waterbury House1
- Woodcrest House2
- Woodside Multifamily2
- Wyndwood Park Mixed25
- Yacht Harbour Condo3
- YotelPad Miami Condo24
Ultra Luxury
Ultra Luxury74
- Aqua Marine Mixed2
- Aston Martin Residences Condo6
- Banks House0
- Bay Crest House4
- Bay Homes House1
- Bay Point House5
- Bayshore Villas House0
- Beacon Harbour Condo1
- Belle Meade Island House2
- Biscayne Park Terrace House0
- Bonita Park House0
- Brickell Flatiron Condo29
- Camner Gables House0
- Club Residences At Park Grove Condo5
- Coconut Grove Manor House2
- Coconut Grove Park House5
- Crystal Bluff House1
- Douglas Circle House3
- East Utopia House0
- Echo Brickell Condo29
- Eleda House0
- Elysee Condo7
- Enchanted Grove Townhouse0
- Entrada House0
- Espanola Heights House3
- Ewanton Heights House0
- Fairhaven House2
- Four Seasons Residences Condo7
- Four Way Lodge Estates House1
- Gifford Lane Townhomes Townhouse1
- Grove At Grand Bay Condo1
- Grovenor House Condo4
- Hardies Multifamily0
- Hazel Park House1
- J W Ewans House1
- Joseph Manor Multifamily1
- King Park House2
- Leeward Cove Land0
- Lennox Park House0
- Mr C Tigertail Residences Condo1
- Muze At Met Condo0
- Natoma Manors House2
- Natoma Park House2
- Ocean View House0
- Ocean View Heights House1
- One Park Grove Condo2
- One Thousand Museum Condo11
- One Thousand Venetian Way Mixed5
- Parc Lofts Condo3
- Park Manor House0
- Pent Homestead Townhouse0
- Pinecrest Manor House1
- Pomona House1
- Residences At Vizcaya Condo2
- Rockerman Heights House1
- San Marco House5
- Sans Souci House0
- Silver Bluff House2
- Silver Bluff Business Center House0
- Sunshine Fruits House2
- Sunshine Villas House0
- Sunshine Vistas House4
- The Elser Hotel & Residences Condo55
- The Fairchild Condo4
- The Justison & Frantz House0
- The Moorings House4
- The Ritz-Carlton Executive Residences Condo0
- The Ritz-Carlton Tower Residences Condo2
- Town Hall House0
- Treasure Trove House0
- Two Park Grove Condo2
- Una Residences Condo19
- Villas De Vizcaya House1
- Ye Little Wood House0
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