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Single Family Residence
$1,350,000$1,291 / sqft
3637 Frow Ave, Miami FL 33133
Listed
2
Bedrooms
1
Bathrooms
1,046 sqft
Interior
1936
Year built
None
HOA
Single Family Residence
Type
About this home
Unparalleled Development Opportunity in West Coconut Grove! This shovel ready lot offers the chance to develop a 3000 sqft SFH in one of Miami’s most coveted neighborhoods. Pending approved plans for a 4 bedroom / 3.5 bathroom residence (~3,000 SF) designed to maximize modern living, indoor-outdoor flow, and strong market appeal. Location is everything. Just minutes from CocoWalk, The Shops at Merrick Park, Peacock Park, Elizabeth Virrick New Aquatic Center, Grove Village Bimini Block, marinas, dining, and cultural attractions, this property offers residents a walkable, vibrant lifestyle in the heart of Coconut Grove. Opportunities like this don’t come often—contact us immediately to secure your chance to build in one of Miami’s most up and coming desirable neighborhoods.
Features
- First Floor Entry
- No Additional Rooms
- Fruit Trees
- Garden
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$6,826
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
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 2-bed rentals across Miami-Dade, from 153 active listings; the middle half ask $2,350–$3,750.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.