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Waterfront · Single Family Residence
$17,400,000$4,065 / sqft
3373 Poinciana Ave, Miami FL 33133
Listed
5
Bedrooms
6
Bathrooms
4,280 sqft
Interior
1969
Year built
$33 / mo
HOA
Single Family Residence
Type
About this home
A rare opportunity to create a landmark waterfront estate within the exclusive gated enclave of Four Way Lodge Estates in Coconut Grove. Offered as an expansive ~50,000 SF elevated homesite and an additional ~22,000 SF mangrove preserve, this exceptional property presents a truly unrivaled setting for bespoke new construction. Seamless access to Biscayne Bay and the open ocean, the location affords endless water views. The elevated lot offers a rare advantage for design, allowing for a grand residence with sweeping rooftop terraces and panoramic 360-degree vistas. Surrounded by lush, mature landscaping, the property ensures both privacy and a tranquil natural backdrop. Ideally located just moments from the heart of the Grove, it is within close proximity to premier schools, parks, marinas, and a vibrant selection of dining and retail destination. An extraordinary offering for the most discerning buyer --envision and build a custom waterfront estate that captures the essence of refined Miami living.
Features
- Built-in Features
- Closet Cabinetry
- Other
- Walk-In Closet(s)
- Den/Library/Office
- Family Room
- Separate Guest/In-Law Quarters
- Utility Room/Laundry
- Lighting
- Canal
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 5-bed rentals in Coconut Grove, from 8 active listings; the middle half ask $16,000–$38,000.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.