2945 Coconut Ave, Miami, FL 33133

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Quadruplex - Palm Terrace

$3,000,000 Built: 2008

N/A N/A N/A

Type of PropertyQuadruplex

Style of PropertyFourplex

Property Ft²3,500

Living Ft²3,500

Price per Ft²$857.14

PetsN/A

WaterfrontN/A

PoolN/A

FurnitureN/A

Property description of Quadruplex - Palm Terrace

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 of

Exterior Features

No information about Exterior Features.

Interior Features

No information about Interior Features.

Amenities

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Equipment/Appliances

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Property Features

NamePalm Terrace

MLSA11977562

ForeclosureN/A

Short SaleN/A

Parking

Parking Restrictions

Parking Spaces8

Lot Ft²

Approx. Lot Size

Boat Dock

Last Update109 days

Pet Restrictions

Floor Number

Cooling DescriptionCentral Air

Heating DescriptionCentral

View

ConstructionCBS Construction

Flooring TypeTile

Maintenance Fees

Taxes$35,354

Property contact form

Gladys Martinez PA305-321-7889gmrealtor7@gmail.com

City

Miami

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Neighborhood

Coconut Grove

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MLS Data Source: Miami Association of REALTORS. Copyright SEFMLS © 2026
Listing is a courtesy of Grove Town Properties, Inc.. Office (joey@grovetownproperties.com, 786-554-8947). Agent (adamkutner@yahoo.com, 305-632-7232).
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.

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Name	Address	Type	# of Students	Grades	Distance
Coconut Grove Montessori School - Main Campus	2850 SW 27TH AVE # 4	private	76	PK - 5	0.16 mi
Mater Grove Academy	2805 SW 32ND AVE	public	1215	KG - 8	0.31 mi
Silver Bluff Elementary School	2609 SW 25TH AVE	public	399	PK - 5	0.51 mi
Coconut Grove Elementary School	3351 MATILDA ST	public	541	PK - 5	0.65 mi
Mca Academy	2911 GRAND AVE STE 500	private	61	2 - 12	0.67 mi
St Stephen's Episcopal Day School	3439 MAIN HWY	private	245	PK - 5	0.78 mi
Brito Miami Private School	3030 CORAL WAY	private	156	1 - 12	0.82 mi
Ransom Everglades School	2045 S BAYSHORE DR	private	1121	6 - 12	0.85 mi
Mlc Preparatory Academy	2710 SW 37TH AVE	private	30	4 - 12	0.88 mi
The Miami Sudbury School	2700 SW 37TH AVENUE	private	17	PK - 11	0.89 mi
St Hugh Catholic School	3460 ROYAL RD	private	248	PK - 8	1.07 mi
Francis S.tucker K-8 Center	3500 S DOUGLAS RD	public	305	PK - 8	1.2 mi
Jose Marti School 1	2660 SW 17TH ST	private	38	PK - 3	1.23 mi
Carrollton School-sacred Heart	3747 MAIN HWY	private	811	PK - 12	1.26 mi
Jose Marti School #2	1685 SW 32ND AVE	private	57	4 - 8	1.29 mi
George Washington Carver Middle School	4901 LINCOLN DR	public	971	6 - 8	1.37 mi
Shenandoah Middle School	1950 SW 19TH ST	public	1296	6 - 8	1.39 mi
Banyan Day School	340 PALERMO AVE	private	10	PK	1.39 mi
International Childrens School	414 VELARDE AVE	private	10	PK	1.39 mi
George W. Carver Elementary School	238 GRAND AVE	public	566	PK - 5	1.42 mi
Coral Gables Senior High School	450 BIRD RD	public	2824	9 - 12	1.44 mi
Coral Gables Preparatory Academy	105 MINORCA AVE	public	862	PK - 8	1.54 mi
Vanguard School Of Coconut Grove Fl	3939 MAIN HWY	private	35	PK	1.57 mi
True North Classical Academy High School	9393 SUNSET DR	public	299	9 - 12	1.61 mi
Somerset Gables Academy	624 ANASTASIA AVE	public	473	KG - 8	1.66 mi
The Growing Place	536 CORAL WAY	private	25	PK - 1	1.73 mi
Immaculata-la Salle High School	3601 S MIAMI AVE	private	876	9 - 12	1.76 mi
Coral Way K-8 Center	1950 SW 13TH AVE	public	1064	PK - 8	1.82 mi
Shenandoah Elementary School	1023 SW 21ST AVE	public	787	PK - 5	1.84 mi
International Studies Charter Middle School	2480 SW 8TH ST	public	315	6 - 8	1.88 mi
International Studies Virtual Academy	2480 SW 8TH ST	public	23	6 - 12	1.88 mi
International Studies Charter High School	2480 SW 8TH ST	public	352	9 - 12	1.89 mi
Crystal Academy Primary School Caps Intern	110 PHOENETIA AVE	private	39	PK	1.9 mi
Granada Presbyterian Day School	900 UNIVERSITY DR	private	12	PK	1.93 mi
Bridgeprep Academy Interamerican Campus	621 BEACOM BLVD	public	186	KG - 8	1.99 mi
Auburndale Elementary School	3255 SW 6TH ST	public	706	PK - 5	2.06 mi
Gables Montessori School	990 S LE JEUNE RD	private	5	PK	2.2 mi
La Prima Casa Montessori School	2733 SW 3RD AVE	private	21	PK - 3	2.24 mi
Sts Peter & Paul School	1435 SW 12TH AVE	private	325	PK - 8	2.27 mi
Miami Senior High School	2450 SW 1ST ST	public	2905	9 - 12	2.3 mi
Gordon Day School Of Beth David Cong.	2625 SW 3RD AVE	private	69	PK - 5	2.31 mi
Henry S. West Laboratory School	5300 CARILLO ST	public	392	KG - 8	2.38 mi
Tamiami United Methodist Elementary	726 SW 14TH AVE	private	252	PK - 8	2.41 mi
Carpe Diem Academia Little Havana	2095 SW 1ST ST	private	18	1 - 11	2.43 mi
St Philip's Episcopal School	1121 ANDALUSIA AVE	private	140	PK - 5	2.44 mi
Ponce De Leon Middle School	5801 AUGUSTO ST	public	888	6 - 8	2.44 mi
A & G Day Care Learning Center	2123 W FLAGLER ST	private	47	PK	2.51 mi
Ebenezer Day Care	4111 SW 4TH ST	private	52	PK - 2	2.54 mi
St Michael The Archangel	300 NW 28TH AVE	private	322	PK - 8	2.57 mi
St Michael The Archangel Catholic School	300 NW 28TH AVE	private	323	PK - 8	2.57 mi
St Theresa School	2701 INDIAN MOUND TRL	private	740	PK - 8	2.58 mi
Kids Small World Learning Center	1835 W FLAGLER ST	private	62	PK - 5	2.59 mi
Alpha Charter Of Excellence	1217 SW FOURTH ST	public	259	KG - 5	2.72 mi
Citrus Grove Middle School	2153 NW 3RD ST	public	781	6 - 8	2.74 mi
Carousel Learning Academy	470 NW 22 AVE	private	4	PK	2.81 mi
Riverside Elementary School	1190 SW 2ND ST	public	993	PK - 5	2.83 mi
Citrus Grove Elementary School	2121 NW 5TH ST	public	866	PK - 5	2.85 mi
Kinloch Park Elementary School	4275 NW 1ST ST	public	537	PK - 5	2.86 mi
La Progresiva School	2480 NW 7TH ST	private	703	PK - 12	2.86 mi
Young Womens Preparatory Academy	1150 SW 1ST ST	public	350	6 - 12	2.9 mi
Kensington Park Elementary School	711 NW 30TH AVE	public	922	PK - 5	2.91 mi
Green Springs High School	3555 NW 7TH ST	public	547	9 - 12	2.94 mi
Kinloch Park Middle School	4340 NW 3RD ST	public	643	6 - 8	2.96 mi
David Fairchild Elementary School	5757 SW 45TH ST	public	468	PK - 5	2.97 mi
Mater Academy Kiwanis	1450 NE 2ND AVE # 912	public	158	KG - 7	3 mi