CENTURY 21 Edge
Income/MultiFamily

Commercial Sale · Income/MultiFamily

$3,500,0004,588 sq ft$763 /sq ft

, MIAMI, FL, 33133

Active146 days on marketListed Feb 27, 2026MLS #A11973455

About this property

The property at a glance

Brand new property for sale that consists of 9 units. Completely renovated and upgraded multifamily building in the Coconut Grove area. Located in TOD Transient Orient District. TOD is ideal in most cases for redevelopment that allows up to 75 Units and 8 floors high via Live Local. A lot of new developments in that Brickell/Coconut Grove area. All units have been completely renovated with new kitchen cabinets with new modern appliances, new plumbing, new electrical, new bathrooms, new AC, New Roof, new irrigation system, New doors and exterior stucco around. freshly painted with added busy and tropical landscaping around. Information believed to be accurate but not guaranteed.

4,588

Building sq ft

$763

Price / sq ft

10,600

Lot sq ft

1951

Year built

3900

Zoning

Income/MultiFamily

Property type

Building size4,588 sq ft
Lot size10,600 sq ft
Year built1951
Zoning3900
Business typeApartments, Residential-Multi-Family
CoolingCentral Building A/C
HeatingCentral Electric · Wall/Window Units

The numbers

Investment snapshot

Annual Lease

Lease term

Estimated payment (illustrative)

Down payment25% · $875,000
Interest rate6.00%
Loan term

Estimated payment

$19,107/mo

Principal & interest$15,738
Est. property taxes$3,208
Est. insurance$160

Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Financing

Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Donna to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

87,500vehicles / day · 2025Secoffee Ter · Traffic count · Florida DOT
Map of

What’s nearby

Groovys Pizza & GrillRestaurant0.2 mi
Mary's CafeteriaRestaurant0.2 mi
Domino'sRestaurant0.2 mi
TargetRetail0.2 mi
Total WineRetail0.2 mi
Shell Lumber and HardwareRetail0.2 mi
Sprouts Farmers MarketGrocery0.3 mi
Burger KingRestaurant0.3 mi
ShellGrocery0.3 mi
SubwayRestaurant0.3 mi
Pollo TropicalRestaurant0.3 mi
AT&TRetail0.3 mi
SubwayRestaurant0.3 mi
VerizonRetail0.4 mi
Watches World LLCRetail0.4 mi
HamptonLodging0.4 mi
Bid Daddy's Wine & LiquorsRetail0.5 mi
Happy Wine in the GroveRetail0.5 mi
PauloluigiRestaurant0.5 mi
PublixGrocery0.5 mi
Ponte Vecchio Ristorante e PizzeriaRestaurant0.6 mi
StarbucksRestaurant0.6 mi
Portobello RistoranteRestaurant0.7 mi
Milam's MarketGrocery0.7 mi

Business data © OpenStreetMap contributors

The area

Who's around this property

40,864

Population

$83,194

Median income

43

Median age

2

Avg household

$548,495

Median home value

$1,905/mo

Median rent

4,292

Households w/ kids

Consumer profile

NetworkingTop 11%

Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.

Party LifeTop 11%

The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.

Wealth SignalingTop 12%

Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.

Mindfulness & SpiritualityTop 27%

Seeking peace and well-being through meditation, gratitude and spirituality.

Ingredient AttentiveTop 30%

These folks are conscious about what they eat. They're looking for ingredients that not only taste great, but also have great nutritional benefits.

Dance DevotionTop 32%

Some dance for fitness, others for fun, and a few turn it into a profession. No matter how these people groove to the music, their love for dance is what bonds them.

Recent sales

What actually sold near

The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

1646 NW 2nd St, Miami FL 33125

$1,400,000

1646 NW 2nd St, Miami FL 33125

Sold Jul 26, 2024

825 SW 13th Ave, Miami FL 33135

$1,287,500

825 SW 13th Ave, Miami FL 33135

Sold Aug 8, 2024

Nearby listing

$2,200,000

Nearby listing

Sold Aug 20, 2024

Your team

The pros in your corner

Donna Layton

Your agent

Donna Layton

Real Estate Agent · CENTURY 21 Edge

Tours, offers, and every question about — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for .

See it in person

Schedule a tour

Live availability from Donna's calendar — pick a time and it's booked.

Listing courtesy of Miami Views Realty · Agata Munoz. MLS #A11973455.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.

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