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    Miami, FL 33133

    Pending
    For Sale
    $10,000,000

    Multi Family - Miami, FL

    Type:Single Family Attached
    Days on Market:
    149
    Last Refresh:
    Dec 10 at 6:06 pm

    Property Features for

    General Information

    Property type
    Commercial Sale
    Property subtype
    Single Family Attached
    Standard status
    Pending
    Zoning
    5700
    APN
    01-41-21-021-0350

    Building Details

    Year built
    1955
    Architectural style
    Other

    NuGen Realty, LLC (786) 556-6446 [email protected]

    Listing agent Edward Ferenczi (786) 556-6446 License #3273966

    Listing date Jul 15, 2025

    MLS# A11536262 Listing URL

    Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Coconut Grove Development Opportunity

    This is a developer's opportunity to acquire an approximately 40,000 sq.ft. lot improved with 5 duplexes, totaling 10 units. The properties are located at 3151, 3161, 3171, 3181 McDonald and 3191 Day Ave in Coconut Grove, Miami, FL 33133. The zoning is T3-O, allowing for the construction of up to 18 units per acre. The location offers convenient access to Coco Walk, various restaurants, shopping destinations, and top-rated schools. Residents benefit from the proximity to Ransom Everglades and Carrollton School of the Sacred Heart, Cocowalks open-air mall, parks, upscale dining, and Dinner Key Marina.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2429
    Latitude
    25.7302

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    FAQs

    What type of property is this?
    Duplex - 40,000 sq.ft. lot with 5 duplexes in Coconut Grove.
    Where is this duplex located?
    The property is located at Miami, FL.
    What is the asking price?
    The asking price for this property is $10,000,000.
    What are key features of this property?
    This property features: - Large 40,000 sq.ft. development opportunity in Coconut Grove.; - Zoned T3-O, allowing for construction of up to 18 units per acre.; - Includes 5 existing duplexes (10 units) providing immediate income potential.
    (786) 556-6446
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Miami, FL 33133
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