,Attached, Duplex, Avalon Sub for Sale

for Sale

Price $1,099,000.00

• Lot size 3202
• Year Build 1924
• Waterfront
• Zip 33133
• Style Attached
• Parking Description
• Pool Yes
• Status Active

Description

PRICE REDUCED — COCONUT GROVE AREA. 5.17% INITIAL CAP / 7.5%+ PRO-FORMA YIELD. High-yield value-add asset priced at just $361/sqft on a massive 3,043 SF footprint. Discounted for some cosmetic updates. Great growth potential for cash buyer/1031 Exchange. • Asset & Lot: 100% Occupied Active multi-unit rental stream on an oversized ~6,953 sqft lot with ample parking. Some updates unlock a 7.5%+ Pro-Forma Cap Rate based on market rent projections. • Zoning & History: Grandfathered legal duplex. Features a legally permitted, structurally superior 1984 rear expansion (fully documented SF). Property search shows 1 unit because it has not been updated there, but the multi-unit layout is legal and fully established. • Roof & Location: Premium roof replaced just 3 years ago, drastically lowering insurance. Blocks to Coral Gables, Coconut Grove, Douglas Park, and Metrorail for a fast commute to Brickell/Downtown. Notice: Long-term residents are not yet aware of the sale; strictly do not disturb the occupants. Full financials will be shared upon request. Interior access will be granted ONLY upon verified upfront POF submitted directly to the listing agent.

16 54 41 AVALON SUB PB 4-140 LOT 3 BLK 2 LOT SIZE 48.620 X 143 OR 16467-3832 0894 1 COC 26003-0774 09 2007 5

Oversized Lot

PRICE REDUCED — COCONUT GROVE AREA. 5.17% INITIAL CAP / 7.5%+ PRO-FORMA YIELD. High-yield value-add asset priced at just $361/sqft on a massive 3,043 SF footprint. Discounted for some cosmetic updates. Great growth potential for cash buyer/1031 Exchange. • Asset & Lot: 100% Occupied Active multi-unit rental stream on an oversized ~6,953 sqft lot with ample parking. Some updates unlock a 7.5%+ Pro-Forma Cap Rate based on market rent projections. • Zoning & History: Grandfathered legal duplex. Features a legally permitted, structurally superior 1984 rear expansion (fully documented SF). Property search shows 1 unit because it has not been updated there, but the multi-unit layout is legal and fully established. • Roof & Location: Premium roof replaced just 3 years ago, drastically lowering insurance. Blocks to Coral Gables, Coconut Grove, Douglas Park, and Metrorail for a fast commute to Brickell/Downtown. Notice: Long-term residents are not yet aware of the sale; strictly do not disturb the occupants. Full financials will be shared upon request. Interior access will be granted ONLY upon verified upfront POF submitted directly to the listing agent.

City:Miami,Roof:1:Shingle,Zoning:5700,Cooling:1:Central Air,2:Electric,Heating:1:Electric,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2025,Flooring:1:Terrazzo,Latitude:25.7386052,Cooling Y N:1,Heating Y N:1,List Price:1099000,Listing Id:A12072468,Longitude:-80.2473129,Mls Status:Active,Year Built:1924,Living Area:2974,Postal Code:33133,Photos Count:8,Building Name:AVALON SUB,Days On Market:41,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M I A M I R E_ Area:41,M L S Area Major:Avalon Sub,On Market Date:2026-08-21,Parcel Number:01-41-16-017-0210,Parking Total:6,Property Type:Residential Income,Rent Includes:1:Gardener,2:Pest Control,3:Water,Stories Total:1,M I A M I R E_ Style:Duplex,Public Remarks:PRICE REDUCED — COCONUT GROVE AREA. 5.17% INITIAL CAP / 7.5%+ PRO-FORMA YIELD. High-yield value-add asset priced at just $361/sqft on a massive 3,043 SF footprint. Discounted for some cosmetic updates. Great growth potential for cash buyer/1031 Exchange. • Asset & Lot: 100% Occupied Active multi-unit rental stream on an oversized ~6,953 sqft lot with ample parking. Some updates unlock a 7.5%+ Pro-Forma Cap Rate based on market rent projections. • Zoning & History: Grandfathered legal duplex. Features a legally permitted, structurally superior 1984 rear expansion (fully documented SF). Property search shows 1 unit because it has not been updated there, but the multi-unit layout is legal and fully established. • Roof & Location: Premium roof replaced just 3 years ago, drastically lowering insurance. Blocks to Coral Gables, Coconut Grove, Douglas Park, and Metrorail for a fast commute to Brickell/Downtown. Notice: Long-term residents are not yet aware of the sale; strictly do not disturb the occupants. Full financials will be shared upon request. Interior access will be granted ONLY upon verified upfront POF submitted directly to the listing agent.,County Or Parish:Miami-Dade County,Expiration Date:2026-12-21,List Office Name:Florida Capital Realty,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:3434,Property Sub Type:Duplex,State Or Province:FL,Subdivision Name:AVALON SUB,Tax Annual Amount:14609,Listing Agreement:Exclusive Right To Sell,Year Built Details:Effective Year Built,Building Area Total:3202,Building Area Units:Square Feet,Leasable Area Units:Square Feet,M I A M I R E_ Flood Zone:X,M I A M I R E_ L P Amt Sq Ft:369.536,Original List Price:1149000,Previous List Price:1149000,Public Survey Range:41,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Syndication Remarks:PRICE REDUCED — COCONUT GROVE AREA. 5.17% INITIAL CAP / 7.5%+ PRO-FORMA YIELD. High-yield value-add asset priced at just $361/sqft on a massive 3,043 SF footprint. Discounted for some cosmetic updates. Great growth potential for cash buyer/1031 Exchange. • Asset & Lot: 100% Occupied Active multi-unit rental stream on an oversized ~6,953 sqft lot with ample parking. Some updates unlock a 7.5%+ Pro-Forma Cap Rate based on market rent projections. • Zoning & History: Grandfathered legal duplex. Features a legally permitted, structurally superior 1984 rear expansion (fully documented SF). Property search shows 1 unit because it has not been updated there, but the multi-unit layout is legal and fully established. • Roof & Location: Premium roof replaced just 3 years ago, drastically lowering insurance. Blocks to Coral Gables, Coconut Grove, Douglas Park, and Metrorail for a fast commute to Brickell/Downtown. Notice: Long-term residents are not yet aware of the sale; strictly do not disturb the occupants. Full financials will be shared upon request. Interior access will be granted ONLY upon verified upfront POF submitted directly to the listing agent.,Listing Contract Date:2026-08-21,Originating System I D:miamire,Public Survey Section:16,Showing Instructions:Appointment Only,Call Listing Agent,Tax Legal Description:16 54 41 AVALON SUB PB 4-140 LOT 3 BLK 2 LOT SIZE 48.620 X 143 OR 16467-3832 0894 1 COC 26003-0774 09 2007 5,M I A M I R E_ Current Price:1099000,M I A M I R E_ Owner Agent Y N:1,Public Survey Township:41,Construction Materials:1:Stone,M I A M I R E_ Municipal Code:1,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Adjusted Area S F:3043,M I A M I R E_ Parcel Number M L X:0210,M I A M I R E_ Separate Meter Y N:1,M I A M I R E_ Street View Param:1$25.738553$-80.247268$187.74$13.33$1.00$ICN6_Qkk14_mdGtFavfbhQ,Contract Status Change Date:2026-08-21,M I A M I R E_ Cable Available Y N:1,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:17,M I A M I R E_ Agent Alternate Phone:786-346-2406,Internet Entire Listing Display Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:369.54,