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Frow Homestead

$1,899,000

3210 E Elizabeth St, Miami, FL 33133

Active
Last Updated: 03/03/2026

1,565 sqft

Building Size

2

Units

Details:
Building Size:    1,565 sqft
Units:    2
Year Built:    1948
Floors:    2
Parking Spots:    4
Gross Leaseable Area:    1,492
Highlights:
  • Lot Features: Less Than 1/4 Acre Lot
  • Documents Available: None
  • Architectural Style: Attached
  • Cooling: Electric
  • Heating: Electric
  • Flooring: Tile, Wood
  • Construction Materials: CBS Construction
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.

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