$10,000,000
UNDER CONTRACT $2M PRICE DROP

3171 McDonald St Miami, FL 33133

Northeast Coconut Grove Neighborhood

Estimated payment $54,582/month

Total Views 7,854
-- Bed
-- Bath
1,416 Sq Ft
$7,062 Price per Sq Ft

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Coconut Grove Elementary School Rated A

About This Home

Part of a Portfolio - Developers opportunity. Approx 40,000 sq.ft. lot with 5 duplexes (10 units) 3151, 3161, 3171, 3181 McDonald and 3191 Day Ave. located in the vibrant neighborhood of Coconut Grove. Zoned T3-O. Build up to 18 units per acre. This desirable community is conveniently situated within walking distance of Coco Walk, renowned restaurants, shopping destinations, top-rated schools, and just moments away from the Bay. Residents will find themselves within easy reach of prestigious educational institutions such as Ransom Everglades and Carrollton School of the Sacred Heart, as well as Cocowalks open-air mall, picturesque parks, upscale dining options, the scenic Dinner Key Marina, and all the attractions Coconut Grove has to offer.

Listing Agent

Edward Ferenczi

NuGen Realty LLC License #3273966 Listed on: 04/09/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,636

Year Built

  • Built in 1955

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,416 Sq Ft Home
  • 1-Story Property

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Biscayne Realty Cos Condos
  • Biscayne Realty Cos Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-21-021-0340

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,636

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1955
  • Property Sub Type: Duplex
  • Architectural Style: Other
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: BISCAYNE REALTY COS
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • Special Features: 4224
  • Stories: 1

Interior Features

  • Flooring: Other
  • Living Area: 1416
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: Concrete Block Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: BISCAYNE REALTY COS
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-21-021-0340
  • Zoning: 5700

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 15636

Multi Family

  • Number Of Units In Community: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,022 $1,106,488 $1,012,500 $93,988
2024 $15,636 $592,428 -- --
2023 $15,636 $538,571 $0 $0
2022 $12,361 $489,610 $0 $0
2021 $11,149 $445,100 $0 $0
2020 $11,550 $578,053 $506,250 $71,803
2019 $10,693 $539,596 $467,775 $71,821
2018 $0 $497,090 $425,250 $71,840
2017 $9,586 $353,653 $0 $0
2016 $9,261 $321,503 $0 $0
2015 $6,379 $292,276 $0 $0
2014 $6,379 $270,281 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2025 06/06/25 Price Changed $10,000,000 -7.0% $7,062 / Sq Ft
04/18/2025 04/18/25 For Sale $10,750,000 0.0% $7,592 / Sq Ft
01/17/2025 01/17/25 Pending -- -- --
10/22/2024 10/22/24 Price Changed $10,750,000 -10.4% $7,592 / Sq Ft
04/09/2024 04/09/24 For Sale $12,000,000 -- $8,475 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $90,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,100,000 New Conventional
Previous Owner $2,600,000 New Conventional
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11566084

MIAMI REALTORS® MLS

APN: 01-4121-021-0340

Florida Miami/Dade County Miami 33133 Northeast Coconut Grove

3171 McDonald St, Miami, FL

This home is located at 3171 McDonald St, Miami, FL 33133 and is currently priced at $10,000,000, approximately $7,062 per square foot. This property was built in 1955. 3171 McDonald St is a home located in Miami-Dade County with nearby schools including Coconut Grove Elementary School, Ponce de Leon Middle School, and Coral Gables Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Edward Ferenczi
Listing Agent
Edward Ferenczi
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NuGen Realty LLC
(786) 556-6446