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Waterfront · Condominium
$1,149,000$700 / sqft
2 Grove Isle Dr # B606, Miami FL 33133
Listed
2
Bedrooms
2
Bathrooms
1,642 sqft
Interior
1980
Year built
$2,466 / mo
HOA
Condominium
Type
About this home
Experience breathtaking views and the serenity of private-island living at Grove Isle. Located in desirable Tower 2, this 2-bedroom, 2-bath residence offers captivating views of the marina, lush tropical grounds, tennis courts and resort-style surroundings—all from one of Coconut Grove’s most exclusive waterfront communities. Inside, a spacious and inviting layout offers the perfect canvas to create a residence that reflects your own style, vision and level of sophistication. The expansive balcony extends the experience outdoors, where peaceful views and gentle island surroundings become part of everyday life. Grove Isle is more than a residence—it is a unique private-island lifestyle in the heart of Coconut Grove, where security, serenity and exclusivity come together just minutes from Miami’s best dining, shopping and cultural destinations. An exceptional opportunity for the buyer seeking breathtaking views, privacy and the freedom to create a truly personalized waterfront home.
Features
- Closet Cabinetry
- Cooking Island
- Walk-In Closet(s)
- Storage
- Open Balcony
- Tennis Court(s)
- Bay
- Ocean View
- Water View
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 31 active listings; the middle half ask $3,150–$12,000.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.