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4
Bedrooms
5
Bathrooms
— sqft
Interior
1953
Year built
None
HOA
Single Family Residence
Type
About this home
Exclusive opportunity to acquire a premium corner lot in a highly sought-after location in Coconut Grove. Bring this exceptional project to life and customize the finishes to your personal taste. The property is offered with approved permits and floor plans for a proposed 5,919 SF tri-level residence featuring two stories plus a basement, 4 bedrooms, 4.5 bathrooms, and a private pool designed for outdoor living and entertaining. Ideally positioned within the distinctive enclave bordered by Andros Ave, S Bayshore Dr, Aviation Ave, and Freeman St, this is currently the only corner-lot property offered for sale within this desirable pocket. A rare shovel-ready opportunity. Close today and begin bringing your vision to life. Renderings showcase the proposed residence. Additional plans, project details, and information are available upon request.
Features
- First Floor Entry
- Other
- None
Leasing
- Minimum lease
- Not stated
- Ok To Lease
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
Approximate — shows the building, not the unit. Open in maps
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 4-bed rentals in Coconut Grove, from 10 active listings; the middle half ask $16,000–$25,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.