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Investment Highlights

  • Two parcels on corner lot totaling 13,100 sf lot assembled
  • Parcel one with structure with 6 beds/4.5 baths and second parcel with structure has 2 beds/1 bath along with pool (each property has medal roof)
  • New construction and development opportunity in Coconut Grove (City of Miami)

Executive Summary

Presenting a rare opportunity to acquire two assembled parcels situated on a corner lot in Miami’s Coconut Grove neighborhood. The properties are walking distance to vibrant retail, cafes, and top schools, reflecting a high-demand residential submarket. Excellent access to major thoroughfares, including US-1 and I-95, places downtown Miami, Brickell, and Coral Gables within minutes. This portfolio is ideally suited for investors or developers seeking to capitalize on strong market fundamentals and ongoing demand for luxury housing in Coconut Grove. Whether retained as income-producing assets or repositioned for new residential development, these parcels present enduring value in a premier Miami location.

Property Facts

Price $5,125,400
Price / SF $1,165 / SF
Sale Conditions
1031 Exchange
  • Bulk/Portfolio Sale
  • Redevelopment Project
Sale Type Investment or Owner User
Status Active
Number of Properties 2
Individually For Sale 2
Total Building Size 4,400 SF

Properties

Property Name / Address Property Type Size Year Built Individual Price
2496 Abaco Ave, Miami, FL 33133 Multifamily 3,250 SF 1940 $3,050,000
2490 Abaco Ave, Miami, FL 33133 Multifamily 1,150 SF 1940 $2,200,000
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  • Listing ID: 40149269

  • Date on Market: 4/14/2026

  • Last Updated:

  • Address: 2496-2490 ABACO AVE, Miami, FL

Contact the Sale Advisor

2496-2490 ABACO AVE

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