When was property at 2940 Oak Avenue built and last sold?

The property at 2940 Oak Avenue was built in 1926 and last sold on Mar 31, 2022 for $1,600,000.

How much is this home worth?

The estimated value of the home located at 2940 Oak Avenue is $8,080,000.

What are some comparable homes to 2940 Oak Avenue?

There are currently no comparable homes to 2940 Oak Avenue.

Miami

33133

Northeast Coconut Grove

2940 Oak Ave

Sold on Oct 1, 2026

Map

$7,500,000

● Land - Off Market

2940 Oak Ave

Miami, FL 33133

Studio

0 Bath

$41,746

Est. Monthly

About This Property

An exceptional, fully entitled office development opportunity located in the thriving South Florida market. Property Type: This property is envisioned as a 5-story office building encompassing approximately 27,556 square feet. The design encompasses five floors in total, featuring a ground floor dedicated to commercial space, an impressive rooftop area, and four full office floors in the heart of Coconut Grove. Location: The property's location is truly exceptional, situated in the coveted Coconut Grove Oak Avenue corridor. "Shovel ready": The property offering comes complete with approved plans for the office space and its accompanying amenities.

Unit Size

Days on Market

556 days

Land Size

0.15 acres

Price per sqft

Property Type

Land

Property Taxes

$2,464

HOA Dues

Year Built

1926

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Last updated: 20 days ago (Miami MLS #A11769509)

Price History

Date / Event	Date	Event
Oct 1, 2026	Sold	Premium
Sold
Mar 24, 2025	Listed by RE/MAX 360 Real Estate	$8,000,000
Listed by RE/MAX 360 Real Estate
Mar 26, 2024	Sold	Premium
Sold
Jul 17, 2023	Listed	$5,000
Listed

	LAND for lease in Coconut Grove. The premise will be delivered As-Is for One year lease only. An exciting opportunity awaits you in the heart of Coconut Grove. We proudly present a prime land parcel of 6,650 square feet, perfectly suited for your thriving food truck business, model home, temporary office, parking lot, or other suitable uses. This land parcel is in the vibrant Coconut Grove neighborhood and offers excellent visibility and accessibility. With frontage on Oak Avenue and an entrance through the alley, your food truck will be easily spotted by both pedestrians and passing traffic. Operators are responsible for their licensing and liability insurance. Requesting $5,000 per month
Apr 1, 2022	Sold	Premium
Sold

Property Highlights

Building Info

Overview

General

Year Built: 1926

Effective Year Built: 1936
Building Count: 2
Bedroom Count: 1
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Building Condition: 0
Building Quality: 0
Construction Type: 6
Building Style: 0
Exterior Walls Type: 23
Interior Walls Type: 0
Roof Shape Type: 7
Roof Cover Type: 2
Floor Count: 100
Living Units: 1
Business/Commerical Units Count: 1
Floor Cover: 3
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 6,400

Total Building Area: 1,248
Gross Building Area: 1,248
Building Area: 1,248
Building Area Measurement: R

Heating and Cooling

Air Conditioning: 1

Heating: 0
Heated Square Feet: 1,104
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: C
Subdivision: W A RICES SUB
Land Acres: 0000000147
Standard Land Use Code: 2042
County Land Use Code: 1209
State Land Use Code: 012
Legal Description 1: W A RICES SUB PB 1-13 LOT 40 BLK 3 LESS N5FT FOR R/W AND PROP INT IN & TO COMMON ELEMENTS NOT DEDICATED TO PUBLIC LOT SIZE 6400 SQ FT M/L

Neighborhood

School District Name: Dade County School District

School Tax School District: MIAMI
Census Tract: 007103

Zoning

Zoning: 6101

Geography

Assessors Map Reference: 257

District: 01
Parcel: 01-4121-034-0310
Block: 3
Lot: 40
Meridian: SEC 21 TWN 54S RNG 41E
Municipality: MIAMI
Latitude: 25.7297
Longitude: -80.2409

Address

Full Address: 2940 Oak Ave

Address - House Number: 2940
Address - Street Name: Oak
Address - Suffix Type: Ave
State: FL
City Name: Miami
Carrier Code: C035
4-Digit Zip Code: 5259
Zip Code: 33133

Valuation

Tax

Total Area: 1,134

Tax Year: 2023
Tax Amount: $3,188,187
Initial Tax Delinquent Year: 2020
Tax Rate Code Area: 100

Open Liens

Total Open Liens:

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Total Open Liens Amount:

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First Open Lien Mortgage Recording Date:

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First Open Lien Mortgage Loan Amount:

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Market Valuation

Market Total Value: $1,528,327

Market Land Value: $1,496,250
Market Improvement Value: $32,077

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $1,528,327
Assessed Land Value: $1,496,250
Assessed Improvements Value: $32,077

Sales

Current Sale Contract Date: Mar 31, 2022

Current Sale Recording Date: Apr 01, 2022
Current Sale Price:

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Current Sale Document Type: 71
Current Sale Input Document Number: 266592

Last Sale Mortgage

First Mortgage Lender:

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First Mortgage Transaction Date:

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First Mortgage Loan Amount:

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First Mortgage Terms:

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Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Northeast Coconut Grove

Stats & Trends

Median Asking:

$1,875,000

Sale Price/ft²

$1,154

Below Asking

0.01%

Average Days on Market

Average Home Size

2378 ft²

Average Home Age

22.8 years

Currently For Sale

180 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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$1,750 /mo

12 Beds
12 Baths
6,070 ft²

102 Menores Avenue #7, Coral Gables, FL, 33134 Listing by Douglas J Clark

Unit for rent at 3631 Thomas Avenue, Miami, FL, 33133

$1,725 /mo

1 Bed
1 Bath
602 ft²

3631 Thomas Avenue #4, Miami, FL, 33133 Listing by Cliff Glansen

Unit for rent at 3081 Virginia Street, Miami, FL, 33133

$1,800 /mo

1 Bed
1 Bath
512 ft²

3081 Virginia Street, Miami, FL, 33133 Listing by Annamarie Carter

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Agustin Duarte
RE/MAX 360 Real Estate
Last Updated: 20 days ago
Data Source: Miami MLS, MLS# A11769509

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.