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Waterfront · Condominium
$6,475,000$2,477 / sqft
3 Grove Isle Dr # C802, Miami FL 33133
Listed
4
Bedrooms
5
Bathrooms
2,614 sqft
Interior
1981
Year built
$7,564 / mo
HOA
Condominium
Type
About this home
An exceptional double-corner residence with spectacular panoramic ocean views, completely remodeled and thoughtfully designed to offer the space, privacy, and comfort of a single-family home. Created by combining two residences, this extraordinary 5,012-square-foot home features two terraces, abundant natural light, and breathtaking blue ocean views from multiple rooms. An elegant foyer welcomes you into the formal living room and entertainment area, flowing seamlessly into the formal dining room. On the opposite side of the residence, a separate family room with a breakfast area adjoins the beautifully kitchen, creating a comfortable space for everyday living and entertaining. The thoughtfully designed split-bedroom floor plan offers exceptional privacy. The expansive primary suite occupies one side of the residence and features a seating area and two separate bathrooms, while three additional bedrooms are privately positioned on the opposite side. A versatile extra room/den with its own full bathroom, conveniently located near the kitchen. With its extraordinary scale, elegant finishes, abundant natural light, multiple living spaces, and spectacular ocean views, this is far more than a condominium, it truly feels like a private home in the sky. A rare opportunity to own an exceptionally spacious oceanfront residence at Grove Isle.
Features
- Lobby
- First Floor Entry
- Built-in Features
- Closet Cabinetry
- Entrance Foyer
- French Doors
- Pantry
- Split Bedroom
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 across Miami-Dade, from 123 active listings; the middle half ask $15,000–$37,000.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.