Beds
2,974
SqFt$349
$/SqFtMid-Tier MultifamilyProperty Type
1924Year Built
$349/SqFtPrice per sq ft
PatioExterior Features
PRICE REDUCED — COCONUT GROVE AREA. High-yield value-add asset priced at just $349/sqft on a massive 3,043 SF footprint with immediate $6,300/mo cash flow. 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 upon verified upfront POF submitted directly to the listing agent.
Listing Courtesy Of: Florida Capital Realty
Local Realty Services Provided By: Best of Luxury Realty
On Site: 75 DaysUpdated: 0 Days agoPage Views: 0
Features
MLS Number: A12072468
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
$1M
High
$1.1M
Low
$1M
Total Change
-9.6%Date
Event
Price
Change
Price Per
11/04/2026
Price Reduced
$1M
-5.46%$349 ft2
$3,761 m2
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
11/04/2026
$1M
Event
Price Reduced
Change
-5.46%Price Per
$349 ft2
$3,761 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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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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- SLS Lux Brickell Condo52
- Smart Brickell 1 Condo8
- South Two Seven Lofts Condo1
- South Vedado House0
- St Louis Condo0
- Stirrup Grove Mixed0
- Stuart Terrace House1
- Tamiami Heights House1
- Ten Museum Park Residential Condo18
- The Bond On Brickell Condo18
- The Coconut Grove Bayshore Condo0
- The Monarch Grove Condo1
- The Mutiny Condo4
- The Oaks Townhouse0
- The Plaza On Brickell East Condo18
- Thomas Grove Condo2
- Three Tequesta Point Condo10
- Tigertail Bay Condo1
- Tigertail Place Condo0
- Two Tequesta Point Condo7
- Victory Homesites Mixed1
- Villas At Buena Vista Mixed1
- Virginia Pointe Condo0
- Washington Place House4
- Waterbury House0
- Woodcrest House1
- Wyndwood Park Mixed25
- Yacht Harbour Condo2
- YotelPad Miami Condo24
Ultra Luxury
Ultra Luxury87
- 1600 South Bayshore Ln Condo0
- Aqua Marine Mixed3
- Asia Condo12
- Aston Martin Residences Condo6
- Banks House0
- Bay Crest House5
- Bay Heights House3
- Bay Homes House1
- Bay Point House6
- Bayshore Villas House0
- Beacon Harbour Condo0
- Belle Meade Island House2
- Biscayne Island House5
- Biscayne Island Estates House0
- Biscayne Park Terrace House0
- Bonita Park House0
- Brickell Flatiron Condo33
- Broadmoor Plaza Land3
- Camner Gables House0
- Club Residences At Park Grove Condo4
- Coco Grove House1
- Coconut Grove Manor House0
- Coconut Grove Park House2
- Crystal Bluff House1
- De Hedouvilles House0
- Douglas Circle House3
- East Utopia House0
- Echo Brickell Condo30
- Eleda House0
- Elysee Condo7
- Enchanted Grove Townhouse0
- Entrada House0
- Espanola Heights House3
- Ewanton Heights House0
- Fairhaven House2
- Four Seasons Residences Condo10
- Four Way Lodge Estates House1
- Gemini 7 Townhouse1
- Gifford Lane Townhomes Townhouse1
- Grove At Grand Bay Condo1
- Grovenor House Condo4
- Hardies Multifamily0
- Hazel Park House2
- Hills Trail Grove House1
- J W Ewans House1
- Jade Residences At Brickell Bay Condo18
- King Park House2
- Leeward Cove Land0
- Lennox Park House1
- Lookout Bay Condo1
- Milledge Heights House0
- Missoni Baia Condo24
- Mr C Tigertail Residences Condo1
- Muze At Met Condo0
- Natoma Manors House1
- Natoma Park House2
- Ocean View House0
- Ocean View Heights House1
- One Park Grove Condo1
- One Thousand Museum Condo13
- One Thousand Venetian Way Mixed4
- Parc Lofts Condo4
- Park Manor House0
- Pent Homestead Townhouse2
- Pinecrest Manor House0
- Pomona House1
- Residences At Vizcaya Condo2
- Rhodes House1
- Rockerman Heights House1
- San Marco House5
- Santa Maria Condo2
- Silver Bluff House2
- Silver Bluff Business Center House0
- Sunshine Fruits House3
- Sunshine Villas House2
- Sunshine Vistas House6
- The Elser Hotel & Residences Condo59
- The Fairchild Condo3
- The Moorings House4
- The Ritz-Carlton Executive Residences Condo0
- The Ritz-Carlton Tower Residences Condo4
- Town Hall House0
- Treasure Trove House0
- Two Park Grove Condo2
- Una Residences Condo20
- Utopia House4
- Ye Little Wood House0
Miami, FL Nearby Cities
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