3147 Mcdonald St, Miami FL 33133

Located in the heart of Coconut Grove, this attached duplex at 3147 Mcdonald St, Miami FL 33133 (BISCAYNE REALTY COS subdivision/building) is a prime residential income and development opportunity. Built in 1968, the property offers 2,378 sq ft of living area on a 6,750 sq ft lot and sits in Miami-Dade County. The home features central air and central heating, with utilities available at the street.
One unit is currently well rented (can be delivered vacant if preferred), making this ideal for investors or developers. With the changing neighborhood, the site is well suited to build brand-new luxury duplexes or townhouses—potential to build a couple of ~1,800 sq ft units. Estimated build cost is about $1.35M per unit, and recent resale comps in the area are in the $1.7M+ range, offering attractive upside.
Please drive by only; do not disturb tenants. Showings will be scheduled for serious buyers by appointment. BISCAYNE REALTY COS — Residential Income / Duplex (Attached).