Home » Properties » 3340 Grand Ave, Miami FL 33133

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Prime Residential Land with Boat Docks in Coconut Grove

Build up to 5 stories on this rare Miami land parcel in Coconut Grove, steps from luxury townhomes and vibrant neighborhood amenities.

$2,999,999

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MLS #A11613446

Listing Updated: 2026-06-25 06:28:04

Listed By: The Muskat Group, Inc.

Overview

This residential land opportunity at 3340 Grand Ave offers a unique chance to develop up to five stories in one of Miami’s most up-and-coming neighborhoods. Nestled in Coconut Grove, the property is set opposite new luxury townhomes and flats, presenting a compelling blend of urban living and waterfront charm. With everything within walking distance, from dining to shopping, the location suits varied development visions. The proximity to the water and the promising community vibe underscores the appeal for future residents or owners seeking a cohesive neighborhood experience.

Property Highlights

Up to 5-story mixed-use potential; steps from luxury homes Elemi at Grove Village; prime location in Coconut Grove; excellent walkability and neighborhood growth.

Property Details

City: Miami

State: FL

Zip Code: 33133

Address: 3340 Grand Ave, Miami FL 33133

Year Built:

Property Type: Land/Boat Docks

Property Sub Type: Residential

Listing Office Name: The Muskat Group, Inc.

County: Miami-Dade County

Garage Spaces:

Parking Features:

Interior Features:

Exterior Features:

Waterfront: No

Pool: No

HOA Fee: $0

Annual Tax: $12,604

Days On Market: 710 Days

Original Listing Description

Fantastic opportunity to build up to 5 stories mixed use. Great up and coming neighborhood in front of the new and luxury townhomes and flats behind called: "Elemi at Grove Village". Walking distance to everything in Coconut Grove.

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

3340 Grand Ave, Miami FL 33133

About This Neighborhood

Located in the heart of Coconut Grove, this parcel benefits from the area's blend of historic charm and modern urban development. Residents enjoy a thriving neighborhood atmosphere with boutique shops, cafes, and lush green spaces nearby. The community continues to evolve, combining sophisticated living with a relaxed, coastal vibe cherished by locals and newcomers.

Walkability & Lifestyle

Coconut Grove offers an enviable walkable lifestyle where residents can enjoy strolling to local eateries, boutique shopping, and recreational waterfront areas. The proximity to Grove Village and other communal hubs enhances daily living with easy access to cultural events and outdoor experiences.

Things To Do Nearby

Local residents benefit from nearby marinas, parks, and dining hotspots that define Coconut Grove’s lively waterfront culture. Outdoor enthusiasts and socialites alike find abundant activities, from boating and golf to enjoying vibrant nightlife and community events close to the property.

Nearby Schools

Families considering this location will appreciate Coconut Grove's access to well-regarded educational institutions within reasonable distance. The neighborhood supports convenient commutes to various public and private schools, adding to the area's attractiveness for residents prioritizing education.

Why Buyers Like This Area

Buyers are drawn to this site for its rare development potential and prime Coconut Grove location. The neighborhood’s unique balance of urban convenience and natural beauty appeals to those seeking a refined lifestyle with access to Miami’s best amenities.

Investment Potential

This property offers strong development flexibility with permission to build up to five stories, catering to mixed-use projects in Coconut Grove. Its location near new luxury residences enhances the appeal among buyers or developers seeking growth areas. The neighborhood’s rising profile supports demand for new construction, especially with easy access to nearby amenities, which can stimulate steady interest over time.

Market Trends

Coconut Grove remains a sought-after Miami neighborhood with an increasing emphasis on contemporary residential projects. Properties here often attract buyers looking for a balance of lifestyle convenience and neighborhood character. This land's zoning for multiple stories aligns with the trend toward mixed-use developments catering to a dynamic urban lifestyle.

Rental Income Potential

The area's growing appeal and walkability attract renters seeking proximity to downtown Miami and waterfront living. Such a location typically experiences seasonal demand spikes, making it attractive for short-term leasing or longer-term residential rental. Development potential here signals possibilities for diversifying tenant options based on lifestyle preferences.