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Address Withheld By Seller, Miami, FL 33133

Miami
Local realty services provided by:CENTURY 21 Move With Us
Address Withheld By Seller,Miami, FL 33133
$1,099,000
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  • - Beds
  • - Baths
  • 2,974 sq. ft.
  • Multi-family
  • Active
Listed by: george gil
Office: florida capital realty
MLS#:A12072468
Source:FL_RAMC

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Price summary

  • Price:$1,099,000
  • Price per sq. ft.:$343.22

About this home

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...

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Home facts

  • Year built:1924
  • Subdivision & Development:AVALON SUB
  • Listing ID #:A12072468
  • Added:56 day(s) ago
  • Updated:October 27, 2026 at 05:01 PM

Rooms and interior

  • Flooring:Ceramic Tile, Terrazzo
  • Living area:2,974 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans, Central Air, Electric
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Composite Shingle, Mansard, Shingle
  • Year built:1924
  • Building area:2,974 sq. ft.
  • Construction Materials:Block, Concrete, Stone
  • Exterior Features:Patio
  • Levels:1 Story

Utilities

  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$1,099,000
  • Price per sq. ft.:$343.22
  • Tax amount:$14,609 (2025)

Parking

  • Total parking spaces:6
MLS LogoThe data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of the Realtor<REGISTERED_LOGO> Association of Martin County, Inc. MLS. Real estate listings held by brokerage firms other than CENTURY 21 Move With Us are marked with the IDX logo (Broker Reciprocity) or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed.

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