Description

Rare development opportunity in the heart of Coconut Grove! Fully leased, income-producing duplex on a 6,000 SF duplex-zoned lot with two excellent tenants in place. Ideal for new construction, build two luxury townhomes (approx. 1,845 SF each, 3 bed / 3 bath). Estimated hard cost is $200/SF, with a projected all-in cost of $1.3M per townhome. Resale comps in the $1.6M+ range offer strong upside for developers. Utilities at street. Lot may be split, buyer to verify with city. Prime location near parks, shops, schools, and dining. Drive-by only; do not disturb tenants. Showings will be scheduled for serious buyers only. Conceptual plans available for illustration purposes only.

Address

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Address: Elizabeth St
City: Miami
State/county: Miami-Dade County
Zip/Postal Code: 33133
Area: FROW HOMESTEAD

Details

Updated on March 3, 2026 at 3:47 am

Property ID A11839361
Price $1,899,000
Property Size 1492 Square Feet
Year Built 1948
Type Duplex
Property Status Residential Income

Additional details

ArchitecturalStyle Attached
BuildingAreaTotal 1565
BuildingAreaUnits Square Feet
BuildingName FROW HOMESTEAD
ConstructionMaterials CBS Construction
ContractStatusChangeDate 2025-07-13
Cooling Electric
DaysOnMarket 232
Directions Google Maps
DocumentsAvailable None
ExpirationDate 2026-05-31
Flooring Tile, Wood
Heating Electric
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 305-495-8419
ListingTerms All Cash, Conventional
LotFeatures Less Than 1/4 Acre Lot
LotSizeSquareFeet 0
MLSAreaMajor Frow Homestead
MajorChangeTimestamp January 7, 2026 at 11:06pm
MajorChangeType Price Decrease
MlsStatus Active
ModificationTimestamp March 2, 2026 at 01:11pm
NumberOfUnitsInCommunity 2
OnMarketDate 2025-07-13
OriginalEntryTimestamp July 13, 2025 at 04:40am
OriginalListPrice 1990000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 01-41-21-007-0240
ParkingTotal 4
PhotosChangeTimestamp March 2, 2026 at 01:54am
PhotosCount 69
PostalCodePlus4 5033
PreviousListPrice 1900000
PriceChangeTimestamp January 7, 2026 at 11:06pm
PublicSurveyRange 41
PublicSurveySection 21
PublicSurveyTownship 41
RentIncludes Sewer, Trash Collection, Water
Roof Other
Sewer Other
ShowingContactType Agent
ShowingInstructions Appointment Only, Call Listing Agent
SourceSystemKey 417881561
StateOrProvince FL
StatusChangeTimestamp July 13, 2025 at 04:40am
Stories 2
StoriesTotal 2
StreetDirPrefix E
StreetName Elizabeth St
StreetNumber 3210
StreetNumberNumeric 3210
StructureType Duplex
SyndicationRemarks Rare development opportunity in the heart of Coconut Grove! Fully leased, income-producing duplex on a 6, 000 SF duplex-zoned lot with two excellent tenants in place. Ideal for new construction, build two luxury townhomes (approx. 1, 845 SF each, 3 bed / 3 bath). Estimated hard cost is $200/SF, with a projected all-in cost of $1.3M per townhome. Resale comps in the $1.6M+ range offer strong upside for developers. Utilities at street. Lot may be split, buyer to verify with city. Prime location near parks, shops, schools, and dining. Drive-by only; do not disturb tenants. Showings will be scheduled for serious buyers only. Conceptual plans available for illustration purposes only.
TaxAnnualAmount 14098
TaxLegalDescription FROW HOMESTEAD PB B-106 S60FT LOTS 1 & 2 BLK 3 LOT SIZE 60.000 X 100 OR 19876-0100 07/2001 1
TaxYear 2014
YearBuiltDetails Effective Year Built
Zoning 5700