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Townhouse
$6,710,000$1,093 / sqft
3471 Main Hwy # 1204, Coconut Grove FL 33133
Listed
4
Bedrooms
5
Bathrooms
6,140 sqft
Interior
2005
Year built
$3,943 / mo
HOA
Townhouse
Type
About this home
Behind the gates of The Cloisters on the Bay, an exclusive enclave of just 40 residences, this 6,140 SF Coconut Grove townhome delivers something rarely found in the Grove: the scale of a single-family home with the ease of a low-maintenance lifestyle. Four ensuite bedrooms, 4.5 baths and a dedicated office span three levels, with new impact windows and doors and an elevator serving every floor, including the rooftop. The ground level is designed for guests, with a full bedroom suite and its own living space alongside a two-car garage and driveway parking. The main living level brings together the kitchen and breakfast area, dining and living rooms, office, powder room and balcony. Upstairs are two ensuite bedrooms and the primary suite with its own balcony. Above it all, an expansive rooftop terrace creates another setting for seated dinners, entertaining and lounging outdoors. Within the gates, enjoy a beautiful community pool, tennis courts, guest parking and a private, maintained setting. Step outside and the Grove is yours on foot, with Ransom Everglades and Carrollton just up Main Highway and CocoWalk, the Saturday farmers market, Peacock Park, The Barnacle and Dinner Key Marina nearby. Cafés, restaurants, parks and the waterfront become part of the everyday rhythm. A rare combination of generous living space, privacy and true Coconut Grove walkability.
Features
- First Floor Entry
- Second Floor Entry
- Built-in Features
- Cooking Island
- Elevator
- Fire Sprinklers
- Walk-In Closet(s)
- Den/Library/Office
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 5 active listings; the middle half ask $10,900–$18,000.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.