2986 Coconut Ave, Coconut Grove, FL 33133 — MLS photo

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2986 Coconut Ave, Coconut Grove, FL 33133

Active · Townhouse

$2,975,000

2986 Coconut Ave, Coconut Grove, FL 33133

Beds
4
Baths
4
Living area
3,108 sq ft
$ / sq ft
$957/sq ft
Year built
2022
Lot size
—
HOA fee
—
Annual tax
$26,579

About this property

This beautifully designed two-story townhome in the heart of Coconut Grove seamlessly blends contemporary architecture, exceptional craftsmanship, and effortless indoor-outdoor living. Offering 4 bedrooms and 3.5 bathrooms, the open-concept floor plan is enhanced by floor-to-ceiling windows that fill the interiors with natural light, creating a bright and airy atmosphere throughout. Thoughtfully curated finishes, expansive living and dining spaces provide both comfort and sophistication, while the sleek kitchen integrates seamlessly into the home's entertaining areas. Designed for the Grove lifestyle, the property features two summer kitchens and an expansive 1,000-square-foot rooftop terrace ideal for outdoor dining, entertaining, or enjoying sunset views. Situated in the heart of Coconut Grove, residents enjoy walkable access to parks, restaurants, cafés, and boutiques while experiencing the charm, privacy, and sense of community that make this neighborhood one of Miami's most desirable destinations.

Property location

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2986 Coconut Ave, Coconut Grove, FL 33133

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Facts & features

Interior

Bedrooms
4
Bathrooms
4
Living area
3,108 sq ft
Flooring
Tile
Appliances
Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Breakfast Bar, Built In Features, Closet Cabinetry, Dining Area, Separate Formal Dining Room, Dual Sinks, Upper Level Primary, Walk In Closets

Exterior & Structure

Property type
Townhouse
Year built
2022
Stories
2
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Barbecue
View
Garden

Parking

Garage spaces
1
Covered spaces
1
Parking features
Attached, Covered, Garage, Two Or More Spaces, Garage Door Opener

HOA, Community & Financials

Amenities
None
Pets allowed
No, Yes
Annual tax
$26,579
Subdivision
PALM TERRACE
County
Miami-Dade
Days on market
138
MLS listing ID
A12027155
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$5,655

Cap rate
3.4%
Net yield
3.4%
Cash-on-cash return
-8.1%
Gross yield
5.6%
Mortgage payment
$14,103/mo
Down payment
$743,750
Loan amount
$2,231,250
Annual NOI
$101,377

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.