2945 Coconut Ave, Miami, FL 33133
Property image
Property image
FOR SALE
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$2,800,000

Original price: $3,000,000
  • 8 Beds
  • 8 Baths
  • 3,500 sqft

2945 Coconut Ave, Miami, FL 33133

North-East Coconut Grove
Est. Mortgage $18,986/mo*
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Home Highlights

Multi-Family
Built in 2008
$800/sqft
8 Parking Spaces

Local Information

  • Map ViewExplore the area around 2945 Coconut Ave.
  • Schools2 Preschool Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

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.
Last check for updates: about 11 hours ago
Listing courtesy of Adam Kutner, (305) 632-7232
Grove Town Properties, Inc.
Originating MLS: A-Miami Association of REALTORS
Source: MIAMI, MLS#A11977562
Also Listed on MIAMI.

Home Details for 2945 Coconut Ave

Interior Features

Beds & Baths
Number of Bedrooms: 8Number of Bathrooms: 8
Dimensions and Layout
Living Area: 3500 Square Feet
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Fireplace & Spa
No Spa
Windows, Doors, Floors & Walls
Flooring: Tile
Levels, Entrance, & Accessibility
Stories: 3Number of Stories: 3Floors: Tile

Exterior Features

Exterior Home Features
Roof: Flat TileNo Private Pool
Parking & Garage
Parking Spaces: 8
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses
Surface & Elevation
Elevation Units: Feet

Days on Market

Days on Market: 179

Property Information

Year Built
Year Built: 2008
Property Type / Style
Property Type: Residential IncomeProperty Subtype: QuadruplexStructure Type: Quadruplex, AttachedArchitecture: Quadruplex,Attached
Building
Building Name: Palm TerraceConstruction Materials: CBS Construction
Property Information
Parcel Number: 0141161660001

Price & Status

Price
List Price: $2,800,000Price Per Sqft: $800

Active Status

MLS Status: Active

Media

Location

Direction & Address
City: MiamiCommunity: Palm Terrace

Agent Information

Listing Agent
Listing ID: A11977562

Building

Building Area
Building Area: 3500 Square Feet

Community

Units in Building: 4

HOA

Association for this Listing: A-Miami Association of REALTORSHas an HOAHOA Fee: No HOA Fee

Offer

Listing Terms: All Cash, Conventional

Rental Terms, Policies & Fees

Rent Includes: None

Miscellaneous

Mls Number: A11977562

Additional Information

Source Internet Entire Listing Display

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

North-East Coconut Grove
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about North-East Coconut Grove

At least 122 Trulia users voted on each feature.

  • 88 % Say it's dog friendly

  • 79 % Say there are sidewalks

  • 78 % Say people would walk alone at night

  • 77 % Say it's walkable to restaurants

  • 71 % Say yards are well-kept

  • 68 % Say it's walkable to grocery stores

  • 68 % Say they plan to stay for at least 5 years

  • 66 % Say there's holiday spirit

  • 65 % Say streets are well-lit

  • 64 % Say parking is easy

  • 64 % Say it's quiet

  • 61 % Say kids play outside

  • 60 % Say car is needed

  • 56 % Say neighbors are friendly

  • 50 % Say there's wildlife

  • 41 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "I have lived in the neighborhood for the past 15 years and I am very interested in staying in the neighborhood. Thank you."
    18
    Flag
  • Trulia User
    "The top schools in the area are located in this community. The local parks, library, and community center offer a plethora of activities for children of all ages. "
    0
    Flag
  • Trulia User
    "This community is a dog owner’s heaven. There are multiple well-maintained dog parks. Almost all of the restaurants welcome dogs, and there are many businesses that cater to dogs. "
    1
    Flag
  • Trulia User
    "There is public transportation that is just a couple of blocks away that connects to the main transit system. "
    0
    Flag
  • Feeling Grovey
    "This is a very safe neighborhood with many businesses focused on families with children. There are several parks and lots of waterfront pubic spaces. "
    0
    Flag
  • Trulia User
    "Good quality of life, close to water, marinas, parks, schools. Quiet in the weekends. Easy to drive around. "
    1
    Flag
  • Trulia User
    "Fantastic safe neighborhood Nice scenery Safe for kids Parks lots of schools Close to cocowalk Real sense of small village "
    0
    Flag
  • Omrvieito
    "A lot of people are dog owners. On the weekend, you can see whole families with their dogs. We have three dog parks in the neighborhood. You can go with your furry friend to walk in the marina. I love it!"
    0
    Flag
  • Patricia P.
    "There is always something cool going on in Coconut Grove! Art, books, music, food, and the houses decorations for every holidays are worthy to walk around and check it out "
    1
    Flag
  • Cristiano T.
    "Walkability, nature and safity. Plus a lot of redevelopment in the area, with new hotels, shops, restaurants, and the bay right there is simply amazing."
    3
    Flag
  • Cynthia S.
    "Coconut Grove Elementary A+ Virrick Park is the best Milam’s is a family-run store Ace’s Icees in Kennedy Park Shake A Leg has a wonderful Summer Camp "
    0
    Flag
  • Mercedes.stelin
    "The grove is truly a lovely area. I have been leaving here for 7 years I wouldn’t move to any other place in Miami. "
    0
    Flag
  • Jorge
    "Coconut Grove is family oriented neighborhood that’s walkable , safe and Fun. It is a unique neighborhood in Miami with lush of canopy of trees and peacocks"
    1
    Flag
  • Sylvia C.
    "Great schools, parks and waterfront activities for kids. Skateboard park, kid friendly restaurants."
    0
    Flag
  • Nardiloli
    "I got broken into 2 days ago :( houses are pretty, trees are gorgeous but if is not SAFE If you move in make sure to set up all possible security "
    1
    Flag
  • Mary Z.
    "Great family oriented community with excellent restaurants, coffee shops, and areas to recreate. Highly recommend this area to anyone!"
    0
    Flag
  • Daren
    "Best city in Miami. Lot’s of trees, friendly neighbors, great for families. Centrally located to Brickell, South Beach, Airport, and Coral Gables. "
    0
    Flag
  • Randydotbrown
    "Annual Art Festival and Fireworks. Village-like downtown area. Close to Brickell - Downtown Miami and Brickell. Close to the Airport "
    0
    Flag
  • Atlorchard05
    "I visit/stay in this area a few times a year. It’s a nice dog friendly neighborhood. If I lived in Miami, it would be on the top of my list for areas to live."
    4
    Flag
  • Katrina B.
    "Sense of history. Village and buildings are on human scale. Good restaurants, quaint shops. Bookstore & cinema within walking distance. Great parks, entertainment, culture. "
    3
    Flag
  • Miriam_glz_garza
    "Great neighborhood!! Lots of parks, restaurants, great schools, great people, and you can walk/run by the ocean!!! "
    0
    Flag
  • Niniiiiii
    "All the festivals that take place year round : arts, pumpkin patch, Christmas, beer, seafood etc. the grove always has something going on"
    0
    Flag
  • Daren
    "Very eclectic neighborhood and homes. Safe, convenient and friendly people. Very little neighborhood traffic. Conservation and citizen care of of trees and plants. "
    0
    Flag
  • Miriam_glz_garza
    "Great people, great schools, great restaurants, you can get anything you need walking distance, pharmacy, supermarket, stores, restaurants, movies, parks, the ocean itself!!! 😁 so happy to live here! 🌴🦚"
    2
    Flag
  • Nursebatsh
    "The commute is only the metro from Coconut Grove to Kendall and to downtown and more, but inside the neighborhood there’s not much for commuters "
    0
    Flag
  • Manuela I.
    "I love living in coconut grove!! Is very family oriented and calm!! People are nice, I walk at night to the movies and restaurant and feel super safe!! "
    0
    Flag
  • Nursebatsh
    "Unique neighborhood where walk and ride bikes is part of the life like no other city. I love to live in a multicultural neighborhood where every body is different but sharing is part of our life "
    0
    Flag

Market trends in North-East Coconut Grove

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$1.66M
$39.17KMoM
Sale-to-List Price
—
Price per sq ft
$888
$11MoM
Available listings
125
22MoM

Home Value

Trulia Estimate
$2.52M
Since last month
Increased$4K (+0.2%)
Since last year
Decreased$288K (-10.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by -10% in the last 10 years
MonthEstimated value
2026
August 2026$2.52M
August 2026$2.52M
June 2026$2.71M
April 2026$2.73M
March 2026$2.81M

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2955 Bird Ave, Miami, FL
0.16
Multi-Family Home
$4,075,000
05/08/26
9
6
8,412
2928 Louise St, Miami, FL
0.10
Multi-Family Home
$1,525,000
03/25/26
5
3
2,260
2946 SW 26th St, Miami, FL
0.35
Multi-Family Home
$950,000
01/15/26
5
6
2,174
2645 SW 28th Ct, Miami, FL
0.31
Multi-Family Home
$820,000
02/17/26
6
4
2,160
2826-2828 SW 32nd Court, Miami, FL
0.41
Multi-Family Home
$940,000
04/14/26
6
4
2,980
2371 SW 27th St, Miami, FL
0.55
Multi-Family Home
$1,350,000
08/10/26
8
4
3,066
2893 SW 32nd Ct, Miami, FL
0.39
Multi-Family Home
$1,000,000
07/30/26
5
4
2,132
3156-3158 SW 27th St, Miami, FL
0.36
Multi-Family Home
$837,000
09/05/25
5
3
1,929
2801 SW 24th St, Miami, FL
0.61
Multi-Family Home
$830,000
07/28/26
6
4
2,805

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
2957 Coconut Ave, Coconut Grove, FL 33133
0.02
$2,163,500
4
3.5
3,108
Off Market
2955 Coconut Ave, Miami, FL 33133
0.02
$2,280,600
4
3.5
3,108
Off Market
2980 Coconut Ave, Coconut Grove, FL 33133
0.04
$3,064,500
5
5.5
5,055
Off Market
2980 Coconut Ave #2980, Miami, FL 33133
0.04
$3,030,400
5
4.5
9,966
Off Market
2945 Coconut Ave #1, Miami, FL 33133
0.00
$700,000
2
1.5
875
For Sale
2945 Coconut Ave #3, Miami, FL 33133
0.00
$700,000
2
1.5
875
For Sale
2945 Coconut Ave #4, Miami, FL 33133
0.00
$700,000
2
1.5
875
For Sale
2945 Coconut Ave #2, Miami, FL 33133
0.00
$700,000
2
1.5
875
For Sale
2972 Coconut Ave, Miami, FL 33133
0.04
-
4
3.5
3,108
Off Market
2980 Coconut Ave, Miami, FL 33133
0.04
$3,050,000
5
5.5
4,089
Recently Sold
2962 Coconut Ave, Miami, FL 33133
0.03
$2,514,700
5
4.5
4,251
Off Market

Price and Tax history

DateEventPrice
Jul 28, 2026
Source: MIAMI #A11977562
PriceChange
$2,800,000
Price decreased by 7%
Mar 9, 2026
Source: MIAMI #A11977562
Listed For Sale
$3,000,000

LGBTQ Local Legal Protections

Adam Kutner, Grove Town Properties, Inc.
Agent Phone: (305) 632-7232
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Frequently asked questions about 2945 Coconut Ave

  • What is the estimated monthly payment for 2945 Coconut Ave?
    Based on a $2,800,000 list price with 20% down at today's rates, the estimated monthly payment for 2945 Coconut Ave in Miami, FL is approximately $19,055 (about $14,687 principal & interest, $4,293 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 2945 Coconut Ave compare to homes in Miami?
    2945 Coconut Ave in Miami, FL is listed at $2,800,000, about 68% above the $1.66M median sale price in Miami.
  • What do residents say about the North-East Coconut Grove neighborhood?
    Residents describe the North-East Coconut Grove neighborhood in Miami, FL as dog-friendly, pedestrian-friendly, and walkable to restaurants. See homes for sale in North-East Coconut Grove, Miami.
  • What are the closest schools to 2945 Coconut Ave?
    The closest schools to 2945 Coconut Ave in Miami, FL are Coconut Grove Elementary School (Pre-K, rated 10/10), Coral Gables Senior High School (Pre-K, rated 5/10), Ponce De Leon Middle School (rated 6/10).
  • Does 2945 Coconut Ave have air conditioning?
    Yes, 2945 Coconut Ave in Miami, FL has air conditioning.
  • Does 2945 Coconut Ave have parking?
    Yes, 2945 Coconut Ave in Miami, FL has on-site parking.
2945 Coconut Ave, Miami, FL 33133 is a 8 bedroom, 8 bathroom, 3,500 sqft multi-family built in 2008. 2945 Coconut Ave is located in North-East Coconut Grove, Miami. This property is currently available for sale and was listed by MIAMI on Mar 9, 2026. The MLS # for this home is MLS# A11977562.