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Single Family Residence
$2,750,000$1,388 / sqft
4120 Lybyer Ave, Miami FL 33133
Listed
4
Bedrooms
3
Bathrooms
1,981 sqft
Interior
1945
Year built
None
HOA
Single Family Residence
Type
About this home
A once-in-a-generation Grove offering — delivered with approved plans. Taking offers now.* Set on a lush 8,400 SF lot beneath six majestic century-old oaks, this property includes what's nearly impossible to secure in the Grove: approved plans for a striking new residence designed around the protected canopy. Tree preservation reviews, environmental sign-offs, custom structural design — that work is done. Plans finalize in 2 months. Meanwhile, the existing 1,981 SF residence is fully livable and currently rented — income from day one. Chef's kitchen, sun-filled living areas, tropical backyard, primary suite with barn-door bath, wood floors throughout. Renovate, gut, or keep the tenant. Location, income, and a shovel-ready vision under the oaks. Taking offers now.
Features
- First Floor Entry
- Family Room
- Other
- Garden
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$13,905
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 4-bed rentals in Coconut Grove, from 10 active listings; the middle half ask $16,000–$25,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.