$3,175,000
NEW CONSTRUCTION $315K PRICE DROP

3603 Thomas Ave Miami, FL 33133

Southwest Coconut Grove Neighborhood

Estimated payment $17,524/month

Total Views 2,986
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • New Construction
  • No HOA
  • Patio
  • Coral Gables Senior High School Rated A-
  • High Impact Windows
  • 4-minute walk to Billy Rolle Mini Park

About This Home

Two NEW construction residences offered together as an income-producing opportunity in Coconut Grove. Inspired by Bahamian-Industrial vernacular and designed by award-winning DLGV, each independent two-story home has no party walls, featuring 1,600 sq ft under AC and approx. 2,016 sq ft total under roof, including private carport and screened porch. Each residence offers 3BR/2.5BA, high wood ceilings, artisan cabinetry, impact glass, and luxury finishes. Combined rental potential approx. $14,700–$15,000/month. Ideally located near parks, marinas, fine shopping, dining, and excellent schools.

Listing Agent

Maria Longo

One Sotheby's International Realty License #3182802 Listed on: 12/04/2025

One Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,064

Year Built

  • Built in 2025 | New Construction

Home Design

  • Duplex
  • Shingle Roof

Flooring

  • Concrete
  • Tile

Home Security

  • High Impact Windows
  • High Impact Door

Outdoor Features

  • Patio
  • Exterior Lighting

Additional Features

  • 2-Story Property
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Frow Homestead Condos
  • Frow Homestead Subdivision, Unit 1 Floorplan

Listing and Financial Details

  • Assessor Parcel Number 01-41-21-007-0102

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,064

Year Built

Built in 2025 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 2025
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • Master Model: Unit 1
  • New Construction: Yes
  • Building Stories: 2
  • Structure Type: Duplex
  • Subdivision Name: FROW HOMESTEAD
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • CurrentPrice: 3175000
  • InternetRemarks: Two NEW DLGV-designed homes with no party walls. Boutique scale, luxury finishes, and strong income potential. Offered together in Coconut Grove.
  • ShowingTimeFlag: No
  • Special Features: 4098
  • Stories: 2

Interior Features

  • Door Features: High Impact Doors
  • Flooring: Concrete, Tile
  • Stories: 2
  • Window Features: Clear Impact Glass, High Impact Windows

Exterior Features

  • Roof: Shingle
  • Exterior Features: Exterior Lights
  • Construction Type: Concrete Block Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio, Screened Porch
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: FROW HOMESTEAD

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-21-007-0102
  • Zoning: 5700

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 11064

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Map

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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 $10,433 $535,232 -- --
2024 $10,085 $486,575 -- --
2023 $10,085 $442,341 $0 $0
2022 $8,464 $410,571 $410,571 $0
2021 $4,599 $186,672 $0 $0
2020 $4,031 $228,095 $228,095 $0
2019 $3,821 $228,095 $228,095 $0
2018 $3,071 $160,000 $160,000 $0
2017 $2,701 $127,500 $0 $0
2016 $2,156 $67,896 $0 $0
2015 $2,480 $82,634 $0 $0
2014 $2,084 $75,122 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2025 12/18/25 Price Changed $3,175,000 +95.4% --
12/18/2025 12/18/25 Price Changed $1,625,000 -53.4% $1,016 / Sq Ft
12/04/2025 12/04/25 For Sale $3,490,000 +95.0% --
11/14/2025 11/14/25 For Sale $1,790,000 -- $1,119 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Accommodation
Deed $101,500 --
Quit Claim Deed -- None Available
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $70,100 None Available
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11924683

MIAMI REALTORS® MLS

APN: 01-4121-007-4280

Florida Miami/Dade County Miami 33133 Southwest Coconut Grove

3603 Thomas Ave, Miami, FL

For Sale

MultiFamily

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Listing Agent
Maria Longo
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One Sotheby's International Realty
(645) 238-6703