Palm Terrace 3
#MLS: A12067167
$ 700 000
Listing date08/07/2026
CityMiami, FL 33133
Address2945 Coconut Ave, #3
Area875 sqft
Tax/year$ 8 000
Built year2008
2945 Coconut Ave # 3, Miami FL 33133
Discover a rare investment opportunity in the heart of Coconut Grove. Located east of US-1 in Miami-Dade County, this 875 square foot residential condominium at Palm Terrace offers comfortable living, strong rental potential, and an excellent location.
Palm Terrace Unit 3 is a two-bedroom, one-and-a-half-bathroom townhouse with first-floor entry, a private patio, balcony, and access to a large rooftop terrace. The home features a garden view, central air conditioning, central heating, and a practical kitchen equipped with a dishwasher, disposal, dryer, ice maker, microwave, refrigerator, and washer. The fenced complex includes two carport spaces and additional parking for two or more vehicles. Monthly association fees apply.Palm Terrace Unit 3
This property is part of the COCONUT DEVELOPERS CONDO, built in 2008. Please note that all four units must be purchased together for $2,800,000; the units will not be divided for individual sale. Each unit offers a similar two-bedroom, one-and-a-half-bathroom layout, making this a compelling income-producing property.
Coconut Grove is known for its relaxed atmosphere, lush surroundings, waterfront charm, and convenient access to Miami’s beaches, restaurants, shopping, nightlife, and cultural attractions. With warm weather throughout much of the year and excellent access to Coral Gables, downtown Miami, and major roads, this location is ideal for both residents and investors. Nearby schools include Coconut Grove Elementary, Ponce De Leon Middle School, and Coral Gables High School.
For more information or to schedule a private conversation, call or WhatsApp +1 786.468.4380. Mention 2945 Coconut Ave # 3, Miami FL 33133 and Palm Terrace Unit 3.