, Miami, FL 33133 (MLS# A12072468)

Miami, FL 33133

$1,039,000

Stucco exterior featuring a covered front porch, dark-toned decking, clean-lined roof structure, and a fenced yard

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12072468

Property Type: Residential Income Square Footage: 3,202 Status: Active

Current Price: $1,039,000 List Date: 8/21/2026 Last Modified: 11/04/2026

Overview

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 ... (Read more)

Listing Details MLS# A12072468

General Property Information

Property Sub Type: Duplex
Building Area Main: 3202
Living Area Main: 2974
Adjusted Area Main: 3043
Year Built: 1924
Parking Total: 6
Outdoor Living Spaces YN: Yes
Stories Total: Yes
Pool Private YN: No

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

Contract Information

Comp Sale YN: No
Original List Price: 1149000

Location and Legal

County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami
Municipal Code: Yes
State Or Province: FL
Postal Code: 33133
Postal Code +4: 3434
Postal Zip: 33133
Subdivision Name: AVALON SUB
Elementary School: Frances S. Tucker
High School: Coral Gables
Subdivision Number: 17
Zoning: 5700
Flood Zone: X

Financial Information

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

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

More Information

Short Sale Details

Short Sale Addendum: No

Unit 1 Details

Baths Full: Yes
Efficiency YN: No

Unit 1 Lease Description

Lease Term: Month To Month

Unit 2 Details

Baths Full: Yes
Efficiency YN: No

Unit 2 Lease Description

Lease Term: Month To Month

Price Calculations

Current Price To SqFt: 349.36

Section Details

Parcel Number MLX: 0210

Originating Details

Originating System Key: 553171494
Originating System ID: M00000151

Listing Office: Florida Capital Realty

Last Updated: November - 04 - 2026

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