Frow Homestead

$1,990,000

3210 E Elizabeth St, Miami, FL 33133

For Sale

Multifamily Duplex / Triplex / Fourplex

Active

Last Updated: 07/17/2025

Details:

Building Size: 1,565 sqft

Units: 2

Year Built: 1948

Floors: 2

Parking Spots: 4

Gross Leaseable Area: 1,492

Offered by Realtor

Frank Potamos

Elite Ocean View Realty LLC

#3309816

Request Info to Unlock

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 duplex-zoned lot. Ideal for new construction—conceptual plans available to build two luxury townhomes (approx. 1,845 SF each, 3 bed / 3 bath). Estimated hard cost ~$200/SF; projected all-in cost per townhome ~$1.3M. Resale comps in the $1.6M+ range offer strong upside for developers. Utilities at street. Survey and conceptual plans available. 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.