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Single Family Residence
$2,450,000$2,480 / sqft
3598 Avocado Ave, Miami FL 33133
Listed
2
Bedrooms
1
Bathrooms
988 sqft
Interior
1934
Year built
None
HOA
Single Family Residence
Type
About this home
Exceptional opportunity to build new in one of Coconut Grove’s most desirable areas. The 7,000-SF lot measures 50'x140' in the Cocoanut Grove Park neighborhood. The sale includes conceptual plans by 7 Ave Design Studio. The plans envision 5 bedrooms + office, 6 baths, a 2-car garage and covered terrace, with 5,030 SF total construction and 4,100 SF A/C, designed at 17' NGVD. Also, demolition permitting for the existing structure is underway and may be transferred to the buyer, providing a meaningful head start toward new construction. The property abuts a wide 30-ft+ right-of-way, enhancing its sense of openness and curb appeal while leading toward green spaces at Plaza and Palmetto Avenues. Cocoanut Grove Park was platted in 1911 by Miami’s first architect, Walter DeGarmo, with its central plaza envisioned as a gathering place for residents. Today, the plaza remains a neighborhood park and includes the wooded area known as Charley’s Woods. Only about half a mile from the heart of Coconut Grove, the site offers convenient access to marinas, restaurants, cafés, shops, offices, highly regarded schools, and easy access to Brickell and greater Miami. Renderings and plans are conceptual only and have not been submitted to or approved by the City of Miami or Miami-Dade County. Buyer must independently verify zoning, development, permitting and approval requirements, as well as the status and transferability of existing permits.
Features
- First Floor Entry
- No Additional Rooms
- Other
Location
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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 2-bed rentals across Miami-Dade, from 160 active listings; the middle half ask $2,400–$3,800.That is what landlords ask, not what units let for — edit it if you know better.
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From the listing
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Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
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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.