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Southwest Coconut Grove Multifamily Homes & Duplexes for Sale

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  • /69

    $1,990,000

    • 1,492 Sq Ft

    3210 Elizabeth St, Miami, FL 33133

    Rare development opportunity in the heart of Coconut Grove! Fully leased, income-producing duplex on a duplex-zoned lot. Ideal for new construction—conceptual plans available to build two luxury townhomes (approx. 1,845 SF each, 3 bed / 3 bath). Estimated hard cost ~$200/SF; projected all-in cost per townhome ~$1.3M. Resale comps in the $1.6M+ range offer strong upside for developers. Utilities

    Frank Potamos Avanti Way Realty LLC

    3210 Elizabeth St, Miami, FL 33133
  • /42

    $1,190,000

    • 1,100 Sq Ft

    3800 Charles Terrace, Miami, FL 33133

    This Gem of a Pool House is perfect as an investments in one of the most desirable areas of Coconut Grove. Home hosts 3 bedrooms, 3 bathrooms, with a pool, luxury flooring, spacious parking, and more. Call to make appointment today. Cash Cow!

    Marc Anthony Salvat WERC Realty, LLC

    3800 Charles Terrace, Miami, FL 33133
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    $3,499,000 New Construction

    • 4,660 Sq Ft

    3130 Plaza St, Miami, FL 33133

    Exceptional opportunity to acquire a turnkey, 2023-built income property in prime Coconut Grove, currently generating $18,500/month. Each townhome features 4 bedrooms, 3.5 bathrooms, an open floor plan, a 1-car garage, and a private pool. The finishes combine sleek modern style with a warm, welcoming feel. Built for long-term value in one of Miami’s fastest-growing submarkets, this new

    Aurash Jamasbi One Sotheby's International Realty

    3130 Plaza St, Miami, FL 33133

Why Live in Southwest Coconut Grove

Southwest Coconut Grove, often referred to as "Southwest Grove" by locals, is a lush neighborhood in Miami known for its abundant green spaces and active community. The area is shaded by banyan and palm trees, creating a serene environment ideal for outdoor activities. Residents frequently enjoy cycling, especially around the cafés on Grand Avenue. The neighborhood, part of Miami's oldest district, offers a small community feel with a trendy downtown area. Biscayne Bay, a popular spot for boating and paddleboarding, borders the neighborhood, while The Kampong botanical garden showcases tropical plants and historical exhibits. Merrie Christmas Park and Elizabeth Virrick Park provide ample recreational opportunities with walking paths, playgrounds, sports courts, and a recreation center. Homes in Southwest Coconut Grove range from Mediterranean and Key West styles to modern builds and modest bungalows, often set on landscaped lots with tropical flora. The area is served by highly rated schools, including Coconut Grove Elementary School and Coral Gables Senior High School. Shopping and dining are concentrated in Mayfair in The Grove and CocoWalk, featuring boutiques, local eateries, and entertainment spaces. The neighborhood hosts the Coconut Grove Arts Festival and a weekly organic farmers market. Conveniently located near U.S. Route 1, it offers easy access to downtown Miami, just over 5 miles away, and Miami International Airport, a little more than 7 miles away. However, the area is at high risk for hurricanes and flooding, particularly along the coast.

Home Trends in Southwest Coconut Grove, FL

Housing Trends

Median Sale Price
$1,806,250
Median Single Family Sale Price
$2,650,000
Median Townhouse Sale Price
$1,750,000
Median 2 Bedroom Sale Price
$1,065,000
Median 1 Bedroom Sale Price
$475,000
Average Price Per Sq Ft
$1,164
Number of Homes for Sale
78
Last 12 months Home Sales
114
Months of Supply
8.20
Median List Price
$2,100,000
Median Change From 1st List Price
8%
Median Home Sale Price YoY Change
6%
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