$2,500,000list price
Price cut$1,000,000
0 ba · 2,378 sq ft 2 to 4 units
3147 MCDONALD ST, MIAMI, FL 33133
Listing courtesy of Realty One Group Evolution. MLS# A11994205.On the MLS · Listed May 27
$2,550,000
2945 COCONUT AVE, MIAMI, FL 33133
0 baths3,500 sq ft2 to 4 unitsBuilt 2008
Updated today, November 3, 2026This home against Bird Grove East
$729 per sq ft, 10% under the Bird Grove East median
241 days on the market
Price cut $450,000 since it was listed at $3,000,000
$35,354 in property taxes (2025)
Bird Grove East today: 32 homes for sale, median list price $974,995.
About this home
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.
Zoned schools
Elementary: Coconut Grove Elementary School
Middle: Ponce de Leon Middle School
High: Coral Gables Senior High School
From Miami-Dade County Public Schools attendance zones.
Near this home
Park: Blanche Park, 0 mi
Grocery: Milam's Market, 0.3 mi
Distances from the center of Bird Grove East, MIAMI.
Listing courtesy of Grove Town Properties, Inc.. MLS# A11977562.
Listing information is provided by the MLS and is deemed reliable but not guaranteed.
Listed March 7, 2026.
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