2850 Coconut Avenue

2850 Coconut Avenue is a condo located in Palm Terrace, Miami.

Interested in learning more about the building? There are many great amenities and features for residents in the building. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! Both dogs and cats are allowed in the building! There are 12 closings on record, of which we have matching data for 2 listings. In the past 3 years, a listing in this building will typically remain on the market for about 94 days and tend to sell below the original asking price of $422,000 by 2.29%. Meaning, listings tend to sell at a median of $540 price per square foot. The transaction that took the longest to complete was unit 12, listed on Jul 19, 2021 for $469,000. This particular unit ultimately sold 135 days later for $460,000. The most recent transaction was for unit 4, sold for $395,000 on Sep 25, 2023. Fun fact, the oldest transaction we have on record took place on Dec 10, 2002. See the full transaction history for 2850 Coconut Avenue below.

Palm Terrace, where 2850 Coconut Avenue is located, has a median asking price of $1,445,450 for condo buildings. Meanwhile, the building itself has a median asking price of $422,000. For interested buyers, that means the building's median asking price is around 0.71% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $425,000. It is a 580 sqft 1-bedroom and 1-bathroom unit.