$775,000

3566 Thomas Ave, Miami, FL 33133

Bedrooms
3
Baths
1
Living area
1,014 ft²
Price per ft²
$764 / ft²
Type
Single-Family Home
Year built
1937
On market
154 days on market
MLS #
A12014429

Estate sale offered AS-IS. The value is in the land — this is a prime redevelopment opportunity in one of Miami's most sought-after neighborhoods. The existing structure, built in 1937, is at end of useful life and priced for teardown. Located in the heart of Coconut Grove, steps from CocoWalk, top-rated schools, marinas, fine dining, and boutique shopping. Surrounded by active new construction and recent luxury builds, this lot represents a rare chance to develop in a high-demand, land-scarce corridor. Seller makes no representations regarding condition of structure. Buyer to perform all due diligence. All offers considered. Sale is contingent upon court confirmation and approval. Dri

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Price per square footThe asking price per ft² on this listing is $764. The median for recorded sales in the same ZIP codes is $818/ft² — putting it 7% below the median.
  • Position in the area’s price distributionThe asking price is $775,000; the median of recorded sales in the area is $1,333,400 (851 sales). On raw price that is 42% below the median — this line does NOT adjust for property type or size.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33133, 33129 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$232,500
Term

7.28% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced October 1, 2026.

Estimated monthly payment$3,712
Loan amount
$542,500
Total interest over the term
$793,767
Total repaid
$1,336,267

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

Henderson Realty Enterprises Corp

Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.

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