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2496 - 2490 Abaco Avenue, Miami FL 33133

Commercial Active With Contract
$5,125,400

BTC: 84.85761589

ETH: 3,214.04160056

99 days
0 room(s)

Overview

Rare opportunity to acquire two adjacent properties in North Coconut Grove totaling approximately 13,100 SF of land. The offering includes a Mediterranean-style residence on a corner lot at 2496 Abaco Avenue and the neighboring pool property at 2490 Abaco Avenue, each available individually or together. When combined, the parcels create a unique residential compound or private oasis setting, a limited opportunity within Coconut Grove’s established residential landscape. The combined properties may appeal to buyers seeking expanded residential space, multi-generational living, or investors and developers exploring opportunities consistent with local zoning and planning guidelines. Coconut Grove remains one of Miami’s most desirable neighborhoods, recognized for its tree-lined streets, walkability, waterfront parks, marinas, and vibrant dining and shopping at CocoWalk. Nearby institutions include Ransom Everglades School, Gulliver Preparatory School, and the University of Miami, along with major medical centers and business districts. Located minutes from Brickell, Coral Gables, South Miami, Downtown Miami, and Key Biscayne, the area offers a balance of lifestyle, accessibility, and long-term real estate value. Buyers should independently verify zoning, density, and development possibilities.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
No Data
Lot:
13100 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$3,700,000
$2.9M – $12.0M
Confidence Low
List vs. estimate
$1.4M above estimate
List $5,125,400 · +38.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $1.6M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.
All facts and features
  • Lot

    • Lot: 13100 Square Feet

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Source details

    • MLS ID: A11988757

    Other facts

    • Construction Materials: CBS Construction / Frame / Frame With Stucco

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: The Keyes Company