Zoned T3-O Duplex Development
For Sale
$10,000,000
Pending
Miami, FL 33133, Miami, FL 33133
MULTI_FAMILY - Miami, FL
Property SizeContact for details
Lot Size0.91 Acres
Days on Market395
Property Features
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
5700
Subdivision
41
Standard status
Pending
APN
01-41-21-021-0350
Lot size
0.91 Acres
Taxes and HOA fees
Tax Description
21 54 41 BISCAYNE REALTY COS SUB OF PENT HOMESTEAD PB 3-85 LOT 41 LESS W15FT FOR ST LOT SIZE 50.000 X 135 OR 16684-0206 0295 1
Tax Annual Amount
15194
Legal Description
21 54 41 BISCAYNE REALTY COS SUB OF PENT HOMESTEAD PB 3-85 LOT 41 LESS W15FT FOR ST LOT SIZE 50.000 X 135 OR 16684-0206 0295 1
Building Details
Year built
1955
Listing Agency:
NuGen Realty LLC
(786) 556-6446
Listed By:
Edward Ferenczi · License #3273966
(786) 556-6446
Added: Jul 15, 2025
Changed: Jun 30
Last Checked: Aug 13 at 2:06AM
MLS# A11536262
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale multifamily development opportunity consists of five duplex buildings totaling 10 residential units. The offering is situated on an approximately 40,000 sq. ft. lot and is presented as a duplex portfolio with an existing income component while also aligning with the area’s redevelopment and infill environment.
The property is located in Miami within Coconut Grove, with street addresses listed as 3151, 3161, 3171, 3181 McDonald and 3191 Day Ave. The site is described as being conveniently close to CocoWalk, restaurants, shopping, schools, parks, Dinner Key Marina, and other Coconut Grove amenities. Zoning is identified as T3-O, with development capacity referenced as up to 18 units per acre.
For developers and operators, the site’s duplex configuration and documented zoning parameters can support planning around multiple use cases, including maintaining the existing 10-unit setup or pursuing redevelopment consistent with the stated T3-O density guidance. Prospective buyers should review zoning requirements and development feasibility for their intended design and unit mix.
The property is located in Miami within Coconut Grove, with street addresses listed as 3151, 3161, 3171, 3181 McDonald and 3191 Day Ave. The site is described as being conveniently close to CocoWalk, restaurants, shopping, schools, parks, Dinner Key Marina, and other Coconut Grove amenities. Zoning is identified as T3-O, with development capacity referenced as up to 18 units per acre.
For developers and operators, the site’s duplex configuration and documented zoning parameters can support planning around multiple use cases, including maintaining the existing 10-unit setup or pursuing redevelopment consistent with the stated T3-O density guidance. Prospective buyers should review zoning requirements and development feasibility for their intended design and unit mix.
Key Highlights
- Approx. 40,000 SF lot with 5 duplexes (10 units) at 3151, 3161, 3171, 3181 McDonald and 3191 Day Ave
- T3‑O zoning with build‑up potential up to 18 units per acre
- Year built: 1955
Property Analytics
Property Profile
Current Use
Lease Details
10
Residential units
Location Intelligence
Trade Area within ½ mile
13,901
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?
Apartment building - A 10-unit duplex portfolio on an approximately 40,000 sq. ft. lot with T3-O density potential.
Where is this apartment building 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: Approx. 40,000 SF lot with 5 duplexes (10 units) at 3151, 3161, 3171, 3181 McDonald and 3191 Day Ave; T3‑O zoning with build‑up potential up to 18 units per acre; Year built: 1955
