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Coconut Grove Fourplex Investment Opportunity
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3057 Day Ave, Miami, FL 33133

Fourplex in prime location near CocoWalk with redevelopment potential.

Property Size3,060 SF
Lot Size0.21 Acres
Price / SF$816.99
Days on Market747

Property Features for 3057 Day Ave

General Information

Standard status Active
Size 3,060 SF
Lot size 0.21 Acres
Property subtype Multifamily

Building Details

Year Built 1971
Listing Agency: London Foster Realty
Listed By: Arman Amirianfar · License #3281533
Source: Crexi
Added: Jul 16, 2024 Changed: Jul 6 Last Checked: Jul 31 at 3:51PM

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 London Foster Realty

Investment Insights

Based on property information with market context.

Located just two blocks from CocoWalk, this fully occupied fourplex presents an investment opportunity in the Coconut Grove neighborhood. The property is situated on a 9,280 square foot lot. The building has a property size of 3,060 square feet. The property is currently generating rental income. The location is near shops, restaurants, parks, and schools. The property may be suitable for redevelopment or long-term investment.

Key Highlights

  • Prime location: Just 2 blocks from CocoWalk in Coconut Grove.
  • Income‑generating: Fully occupied fourplex with steady rental income.
  • Development potential: Large 9,280 sq ft lot suitable for redevelopment.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Mobile Phone Store Grocery & Convenience Store Tanning Salon Restaurant Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,624
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Fourplex in prime location near CocoWalk with redevelopment potential.
Where is this quadplex located?
The property is located at 3057 Day Ave Miami, FL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Prime location: Just 2 blocks from CocoWalk in Coconut Grove.; Income‑generating: Fully occupied fourplex with steady rental income.; Development potential: Large 9,280 sq ft lot suitable for redevelopment.
(310) 903-7990 Call to check price and availability
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