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Duplex with Development Potential
For Sale
$3,000,000

3147 Mcdonald Street, Miami, FL 33133

Existing two-unit property with one rented unit and utilities available at the street.

Property Size2,378 SF
Lot Size0.15 Acres
Price / SF$1,261
Days on Market107

Property Features for 3147 Mcdonald Street

General Information

Standard status Active
Size 2,378 SF
Lot size 0.15 Acres
Property subtype Multi-family
Lease Term []

Additional Details

Utilities to Site Yes
Multifamily Units 2

Building Details

Year Built 1968
Listing Agency: Realty One Group Evolution
Listed By: Osmany Sisto · License #3547789
Source: Onesothebysrealty
Added: May 17 Changed: Aug 29 Last Checked: Aug 30 at 5:59PM

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 Realty One Group Evolution

Investment Insights

Based on property information with market context.

Located at 3147 McDonald St in Miami’s Coconut Grove area, this duplex contains 2,378 square feet of living area on a 6,750-square-foot lot. The property includes two residential units, with one currently rented; the occupied unit may be delivered vacant for a buyer who prefers that arrangement.

Utilities are available at the street. The property is near parks, shops, schools, dining, and the beach. The existing duplex provides an established residential configuration, while the site is also presented as suitable for future redevelopment into a new duplex or townhouse project. Showings are scheduled in advance, and tenants should not be disturbed during drive-by visits.

Key Highlights

  • 2,378 SF duplex on a 6,750‑square‑foot lot
  • Two‑unit residential configuration
  • One unit is currently rented

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Tanning Salon Restaurant Garden Center Grocery & Convenience Store

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

Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

3,716
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Existing two-unit property with one rented unit and utilities available at the street.
Where is this duplex located?
The property is located at 3147 Mcdonald Street Miami, FL.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 2,378 SF duplex on a 6,750‑square‑foot lot; Two‑unit residential configuration; One unit is currently rented
More about this property
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