Coconut Grove Development
For Sale
$1,875,000
3210 E Elizabeth St, Miami, FL 33133
Income-producing duplex, ideal for new construction in Coconut Grove.
Property Size1,492 SF
Days on Market262
Property Features for 3210 E Elizabeth St
General Information
Standard status
Active
Size
1,492 SF
Property subtype
Other
Taxes and HOA fees
Annual Taxes
$14,098
Building Details
Building Size
1,492 SF
Year Built
1948
Stories
2
Listing Agency:
Avanti Way Realty
(305) 495-8419
Listed By:
Frank Potamos · License #3309816
(305) 495-8419
Source:
Elliman
Added: Nov 27, 2025
Changed: Aug 8
Last Checked: Aug 8 at 1:09PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Avanti Way Realty
Investment Insights
Based on property information with market context.
This property presents a development opportunity in Coconut Grove, featuring a fully leased, income-producing duplex situated on a duplex-zoned lot. Conceptual plans are available for constructing two luxury townhomes, each approximately 1,845 square feet with 3 bedrooms and 3 bathrooms. The estimated hard cost is around $200 per square foot, with a projected all-in cost per townhome of approximately $1.3 million. Resale comparisons in the $1.6 million and above range suggest potential upside for developers. Utilities are available at the street. A survey and conceptual plans are available. The lot may be split, subject to buyer verification with the city. The location is near parks, shops, schools, and dining.
Key Highlights
- Rare development opportunity in Coconut Grove.
- Duplex‑zoned lot ideal for building two luxury townhomes.
- Conceptual plans available for two 3 bed / 3 bath townhomes (approx. 1,845 SF each).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,901
Businesses Nearby
Explore this area
Business Placement
Demographics for 33133, FL
34,141
Population
17,235
Households
2
Avg Household Size
43
Median Age
62%
College-Educated
95%
High-School Grad
4.2 sq mi
ZIP Area
8,129
Density / Sq Mi
$92,734
Median Household Income
$58,233
Median Earnings
$1,945
Median Rent
$906,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Income-producing duplex, ideal for new construction in Coconut Grove.
Where is this residential land & home lot located?
The property is located at 3210 E Elizabeth St Miami, FL.
What is the asking price?
The asking price for this property is $1,875,000.
What are key features of this property?
This property features: Rare development opportunity in Coconut Grove.; Duplex‑zoned lot ideal for building two luxury townhomes.; Conceptual plans available for two 3 bed / 3 bath townhomes (approx. 1,845 SF each).
