$1,039,000
MLS# A12072468
3202 sqft
1 / 9
Property Description
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.
Details
Contract Information
Comp Sale YN: No
Listing Date: 2026-08-21
Status: Active
Original List Price: 1149000
List Price: $1,039,000
Current Price: $1,039,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami
Municipal Code: 1
Postal Zip: 33133
Subdivision Number: 17
Flood Zone: X
State Or Province: FL
Postal Code: 33133
Postal Code +4: 3434
Subdivision Name: AVALON SUB
Elementary School: Frances S. Tucker
High School: Coral Gables
Zoning: 5700
General Property Information
Adjusted Area Main: 3043
Living Area Main: 2974
Parking Total: 6
Outdoor Living Spaces YN: Yes
Stories Total: 1
Pool Private YN: No
Property Sub Type: Duplex
Building Area Main: 3202
Year Built: 1924
Financial Information
Estimated Monthly Assoc Recurring Fee: 0
Tax Annual Amount: 14609
Tax Year: 2025
Tax Legal Description: 16 54 41 AVALON SUB PB 4-140 LOT 3 BLK 2 LOT SIZE 48.620 X 143 OR 16467-3832 0894 1 COC 26003-0774 09 2007 5
Office/Member Information
DXORIGMLSID: SEF
Electric
Circuit Breakers: 1
Flooring
Ceramic Tile: 1
Terrazzo: 1
Short Sale Details
Short Sale Addendum: No
Documents Available
Rent Rolls: 1
Structure Type
Duplex: 1
Possession
Subject To Tenant Rights: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Heating
Central: 1
Electric: 1
Separate Meters: 1
Construction Materials
Block: 1
Stone Veneer: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Oversized Lot: 1
Roof
Flat: 1
Shingle: 1
Income and Expenses
Gross Income: 0
Cooling
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Tax Information
City/County: 1
Outdoor Living Spaces
Patio: 1
Unit 1 Details
Baths Full: 1
Beds Total: 3
Efficiency YN: No
Unit 1 Lease Description
Lease Term: Month To Month
Unit 1 Parking Features
Parking Space: 1
Unit 2 Details
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Unit 2 Lease Description
Lease Term: Month To Month
Unit 2 Parking Features
Parking Space: 1
Price Calculations
Current Price To SqFt: 349.36
Section Details
Parcel Number MLX: 0210
Status Change Information
Major Change Timestamp: 2026-11-04T21:22:42Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-11-04T21:22:42Z
Status Change Date: 2026-08-21
Originating Details
Originating System Key: 553171494
Originating System ID: M00000151
Property Features
Documents Available: Rent Rolls
Electric: Circuit Breakers
Flooring: Ceramic Tile; Terrazzo
Structure Type: Duplex
Construction Materials: Block; Stone Veneer
Cooling: Ceiling Fan(s); Central Air
Heating: Central; Electric; Separate Meters
Listing Terms: Cash; Conventional
Lot Features: Oversized Lot
Possession: Subject To Tenant Rights
Roof: Flat; Shingle
Sewer: Public Sewer
Tax Information: City/County
Utilities: Cable Available
Showing Requirements: Appointment Only; Call Listing Agent
Outdoor Living Spaces: Patio
Unit 1 Parking Features: Parking Space
Unit 2 Parking Features: Parking Space
Listing Office: Florida Capital Realty
Last Updated: November - 04 - 2026
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