What is the asking price and what does it include?

The list price for 2986 Coconut Ave, Coconut Grove FL 33133 is $2,975,000. The property is a Townhouse with 4 bedrooms, 3.5 bathrooms, approximately 3108 square feet of living space, on a — lot. List price reflects the home and customarily-attached fixtures; it does not include furniture, art, or detached personal property unless explicitly listed in contract. Final inclusions are determined by the executed purchase contract, not by this page. Contact us if you want a written inclusions/exclusions schedule before drafting an offer.

Where exactly is it, and what is the neighborhood like?

The property sits at 2986 Coconut Ave, Coconut Grove FL 33133 in Coconut Grove, 33133. Coordinates are approximately , . Walkability, transit, distance to beach or bay, and traffic patterns vary block by block and are best evaluated in person; visit at both a weekday rush hour and a weekend afternoon before writing an offer. We do not characterize neighborhoods by demographic composition — Fair Housing Act constraints we take seriously. We will gladly provide objective data on request: distance to nearest grocery, hospital, marina, public school, and major roadway.

What are the property taxes and any homestead implications?

Miami-Dade County real-estate taxes are administered by the Miami-Dade Property Appraiser (current assessment + tax-bill data at https://www.miamidade.gov/pa/property_search.asp). A new buyer's tax bill resets based on the sale price and the buyer's own exemption status; the first full tax bill after purchase is often meaningfully higher than the seller's prior bill. Florida's Homestead Exemption reduces the taxable value for a primary residence — eligibility requirements and filing windows are published at https://www.miamidade.gov/pa/exemptions_homestead.asp. The statewide Florida Department of Revenue property-tax reference is at https://floridarevenue.com/property/.

Is it in a flood zone, and what does that mean for insurance?

Authoritative flood-zone designation for any U.S. address is published by FEMA on the National Flood Hazard Layer at https://msc.fema.gov/portal/home. Coastal South Florida includes properties in multiple flood-risk zones (AE, V, VE, X). Lenders typically require flood insurance in high-risk zones. The FEMA Risk Rating 2.0 methodology (premiums based on elevation, construction type, claims history, distance to water) is documented at https://www.fema.gov/flood-insurance/risk-rating. Florida-specific flood-insurance program data is at https://floridarevenue.com/.

How do you determine the list price?

We analyze recent comparable sales in Coconut Grove — similar properties in size, condition, and location that sold within the last three to six months. This Comparative Market Analysis (CMA) helps ensure 2,975,000 reflects current market value. For a personalized CMA on a specific property or to discuss listing strategy, contact us directly.

How long does it typically take to close on this property?

Most Florida real estate transactions close in 30–45 days from accepted offer, assuming timely financing, inspections, and HOA or condominium questionnaire responses. Condominium sales may take longer if SB-4D structural reports or association approvals are needed. We manage the timeline closely to avoid delays. Contact us for a detailed closing checklist tailored to 2986 Coconut Ave, Coconut Grove FL 33133.

What financing step do you recommend before touring?

Get pre-approved by a licensed lender before making an offer. A pre-approval letter shows sellers you are a serious buyer and can close. In Florida's competitive market, it is often a practical requirement. We work with trusted local lenders who understand Miami-Dade specifics like flood-zone implications and condominium-warrantability requirements. Call us for lender referrals.

2986 Coconut Ave, Coconut Grove FL 33133 | Miami-Dade County

Residential Active

2986 Coconut Ave, Coconut Grove FL 33133 | Miami-Dade County | A12027155

$2,975,000

Description

This beautifully designed two-story townhome in the heart of Coconut Grove seamlessly blends contemporary architecture, exceptional craftsmanship, and effortless indoor-outdoor living. Offering 4 bedrooms and 3.5 bathrooms, the open-concept floor plan is enhanced by floor-to-ceiling windows that fill the interiors with natural light, creating a bright and airy atmosphere throughout. Thoughtfully curated finishes, expansive living and dining spaces provide both comfort and sophistication, while the sleek kitchen integrates seamlessly into the home’s entertaining areas. Designed for the Grove lifestyle, the property features two summer kitchens and an expansive 1,000-square-foot rooftop terrace ideal for outdoor dining, entertaining, or enjoying sunset views. Situated in the heart of Coconut Grove, residents enjoy walkable access to parks, restaurants, cafés, and boutiques while experiencing the charm, privacy, and sense of community that make this neighborhood one of Miami’s most desirable destinations.

Address

Open on Google Maps

Address: Coconut Ave
City: Coconut Grove
State/county: Miami-Dade County
Zip/Postal Code: 33133
Area: PALM TERRACE

Details

Updated on June 2, 2026 at 4:57 pm

Property ID A12027155
Price $2,975,000
Property Size 3108 Square Feet
Bedrooms 4
Bathrooms 3.5
Garage 1
Year Built 2022
Type Townhouse
Property Status Residential

Additional details

ArchitecturalStyle Twin Home
AssociationAmenities None
BathroomsFull 3
BathroomsHalf 1
BuildingAreaTotal 4720
BuildingAreaUnits Square Feet
BuildingName PALM TERRACE
CarportSpaces 0
ConstructionMaterials CBS Construction
ContractStatusChangeDate 2026-06-02
Cooling Central Air, Electric
CoveredSpaces 1
DaysOnMarket 0
Electric Circuit Breakers
EntryLevel 0
ExpirationDate 2026-11-16
Flooring Tile
Heating Central, Electric
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 305-726-9726
ListingTerms All Cash, Conventional
LotSizeSquareFeet 0
MLSAreaMajor Palm Terrace
MajorChangeTimestamp June 2, 2026 at 08:47pm
MajorChangeType New
MlsStatus Active
ModificationTimestamp June 2, 2026 at 08:47pm
OnMarketDate 2026-06-02
OriginalEntryTimestamp June 2, 2026 at 08:47pm
OriginalListPrice 2975000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherEquipment Automatic Garage Door Opener
OtherExpense 0
ParcelNumber 01-41-16-029-0415
ParkingFeatures 2 Or More Spaces, Covered
PatioAndPorchFeatures Open Balcony
PhotosCount 0
Possession Funding
PostalCode 33133
PostalCodePlus4 3726
PriceChangeTimestamp May 28, 2026 at 10:31pm
PublicSurveyRange 41
PublicSurveySection 16
PublicSurveyTownship 41
RoomsTotal 0
SecurityFeatures No Burglar Alarm
ShowingContactType Agent
ShowingInstructions Call Listing Agent, See Broker Remarks
SourceSystemKey 498666167
StateOrProvince FL
StatusChangeTimestamp June 2, 2026 at 08:47pm
StoriesTotal 2
StreetName Coconut Ave
StreetNumber 2986
StreetNumberNumeric 2986
StructureType Townhouse
SyndicationRemarks This beautifully designed two-story townhome in the heart of Coconut Grove seamlessly blends contemporary architecture, exceptional craftsmanship, and effortless indoor-outdoor living. Offering 4 bedrooms and 3.5 bathrooms, the open-concept floor plan is enhanced by floor-to-ceiling windows that fill the interiors with natural light, creating a bright and airy atmosphere throughout. Thoughtfully curated finishes, expansive living and dining spaces provide both comfort and sophistication, while the sleek kitchen integrates seamlessly into the home's entertaining areas. Designed for the Grove lifestyle, the property features two summer kitchens and an expansive 1, 000-square-foot rooftop terrace ideal for outdoor dining, entertaining, or enjoying sunset views. Situated in the heart of Coconut Grove, residents enjoy walkable access to parks, restaurants, cafés, and boutiques while experiencing the charm, privacy, and sense of community that make this neighborhood one of Miami's most desirable destinations.
TaxAnnualAmount 26579
TaxLegalDescription PALM TERRACE PB 3-47 W1/2 OF LOT 6 LESS N7.5FT FOR R/W BLK 4 PER COVENANT IN LIEU OF UNITY OF TITLE OR#34389-1750 LOT SIZE 3562 SQFT M/L FAU
TaxYear 2025
View Garden View
WindowFeatures Clear Impact Glass, High Impact Windows, Impact Glass
YearBuiltDetails Resale