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Listed
Experience elevated living in the heart of Coconut Grove at Lofts at Mayfair PH-3, an exceptional penthouse residence designed for comfort, privacy, and effortless indoor-outdoor living. This spacious split floor plan offers an ideal layout, with generously sized bedrooms thoughtfully positioned on opposite sides of the home for maximum privacy. The bright and open living spaces flow seamlessly, creating an inviting atmosphere perfect for both everyday living and entertaining. A covered parking space adds convenience, while the true centerpiece of this residence awaits above. Exclusive to this penthouse is a spectacular private rooftop terrace—a rare urban retreat designed for entertaining and relaxation. Enjoy your own rooftop oasis featuring a built-in BBQ area, and ample space for outdoor dining, lounging, and taking in the beautiful Coconut Grove ambiance. Whether hosting friends under the stars or unwinding in complete privacy, this one-of-a-kind rooftop elevates the lifestyle this home offers. Ideally located just moments from Coconut Grove's renowned restaurants, cafés, marinas, parks, and boutique shopping, Lofts at Mayfair PH-3 combines spacious living, unmatched outdoor amenities, and one of Miami's most sought-after neighborhoods into a truly exceptional offering. Seller to pay off special assessment at close. Call LA.
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.
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.
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
Illustration only — not a loan offer, quote, or commitment. We are not a lender and neither offer nor arrange financing. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
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