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2 Grove Isle Dr # B205, Miami FL 33133
About this home
An exceptionally rare lanai residence on prestigious Grove Isle! Step directly from your expansive private terrace to lush tropical gardens and the resort-style pools—no elevator required. Tastefully renovated and filled with natural light, this spacious 1,882-square-foot home features elegant custom built-ins, generous living and dining areas, a thoughtfully designed kitchen, and oversized walk-in closets. The large terrace seamlessly extends the living space outdoors, creating the perfect setting for morning coffee, alfresco dining, or entertaining amid lush tropical surroundings. Nestled within the exclusive, guard-gated Grove Isle community, residents enjoy waterfront gardens and pools, a world-class racquet club, fitness center, a scenic bay-front walking path, 24-hour security, and a soon-to-open signature restaurant, all just minutes from the heart of Coconut Grove, Brickell and Downtown.
Features
- Lobby
- Built-in Features
- Entrance Foyer
- Walk-In Closet(s)
- Utility Room/Laundry
- East Of Us1
- Open Balcony
- Bay
- Club Area View
- Garden View
- Ocean View
- Pool Area View
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $7,509
- HOA
- $2,840 / mo
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, 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. 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.