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Condominium
$895,000$820 / sqft
3540 Main Hwy # 207, Miami FL 33133
Listed
1
Bedrooms
2
Bathrooms
1,092 sqft
Interior
2006
Year built
$1,237 / mo
HOA
Condominium
Type
About this home
Experience boutique luxury living in the heart of Coconut Grove at Grove Garden Residences. This beautifully appointed 1-bedroom, 2-full-bath residence offers 1,092 SF of thoughtfully designed living space, featuring expansive floor-to-ceiling windows and an open-concept layout filled with natural light. The gourmet kitchen features premium Miele and Sub-Zero appliances and flows seamlessly into the spacious living and dining areas. Additional highlights include a generously sized primary suite, two full bathrooms, an upgraded full-size washer and dryer, a recently replaced A/C compressor, and dedicated storage unit. Residents enjoy 24-hour security, secured underground parking, a resort-style pool, Jacuzzi, fitness center, and sauna. Ideally situated walking distance from Coconut Grove's renowned restaurants, cafés, boutiques, parks, and waterfront attractions, this residence offers an exceptional combination of luxury, comfort, and convenience.
Features
- Lobby
- Built-in Features
- Cooking Island
- Walk-In Closet(s)
- Storage
- Open Balcony
- Other View
Leasing
- Minimum lease
- 181 days
- Leases permitted per year
- 1
- Ok To Lease
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 1-bed rentals in Coconut Grove, from 26 active listings; the middle half ask $2,300–$4,000.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.