Coconut Grove New Developments 2026: The Complete Guide to Every New Luxury Project

Tucked behind a private gated entry in the heart of Miami, this unique 2,975sf property offers a rare opportunity to combine comfortable living with income-producing potential.

The main 3-bedroom, 2-bathroom residence is move-in ready and full of character, featuring fresh exterior paint, a classic barrel tile roof, and CBS perimeter walls that create a secure and welcoming setting from the moment you arrive.

The property currently includes two additional income-producing enclosure units generating approximately $2,100 per month, all on month-to-month leases. Move in and offset your mortgage, continue leasing for steady cash flow, or reimagine the property to fit your vision. Current gross annual income is approximately $70,200, with upside potential as leases adjust to market rates. Total square footage with both enclosures is 2,975sf providing an excellent price per square foot value in this neighborhood.

Whether you’re an owner-occupant looking to build wealth through real estate or an investor searching for flexible income potential in a central Miami location, this property presents multiple paths to value.

An unbeatable central location — minutes from Miami International Airport, Miami Freedom Park, Brickell, Downtown, and Miami’s iconic beaches, ideal for the international buyer seeking connectivity and lifestyle.

Two enclosure units reflected on Miami-Dade PA building sketch. Property sold as-is. Do not disturb tenants. Appointment only.