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Waterfront · Condominium
$3,495,000$1,656 / sqft
3400 SW 27th Ave # 902, Miami FL 33133
Listed
2
Bedrooms
3
Bathrooms
2,110 sqft
Interior
2001
Year built
$3,897 / mo
HOA
Condominium
Type
About this home
Experience waterfront living in coveted Coconut Grove from this beautifully remodeled 2,110 SF residence in The Ritz-Carlton’s highly sought-after 02 line. Ideally positioned to capture spectacular open bay views, this sophisticated split-floor-plan offers exceptional natural light, Tons of Custom Closet space added, & a remarkable 60-foot private patio overlooking Biscayne Bay and Coconut Grove—perfect for entertaining or enjoying the South Florida lifestyle. The redesigned gourmet kitchen showcases award-winning Italian craftsmanship by Snaidero and premium Miele appliances. Both bedrooms feature ensuite baths & electric remote-controlled shades, while the spacious primary suite offers a luxurious spa-like bath. The current owners thoughtfully redesigned the residence to create even more closet and storage space, providing an exceptional level of functionality rarely found in a condominium of this caliber. Adding to the appeal are 2 Premium side-by-side parking spaces, an exceptionally rare feature, just steps from the garage entrance to the building. Residents enjoy Ritz-Carlton’s renowned resort-style amenities & five-star services, including pool & spa, fitness center, concierge, valet, & 24-hour security. An exceptional opportunity combining panoramic bay views, sophisticated renovations, and premier Coconut Grove living.
Features
- Bar
- Built-in Features
- Closet Cabinetry
- Split Bedroom
- Walk-In Closet(s)
- Open Balcony
- Bay
Leasing
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 2-bed rentals in Coconut Grove, from 29 active listings; the middle half ask $2,850–$12,500.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.