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Single Family Residence
$6,250,000$909 / sqft
2831 Emathla St, Coconut Grove FL 33133
Listed
5
Bedrooms
8
Bathrooms
6,876 sqft
Interior
2028
Year built
None
HOA
Single Family Residence
Type
About this home
APPROVED PLANS WITH PERMITS - SHOVEL READY. A rare opportunity to create an exceptional architectural estate on a lush 20,000-SF homesite in coveted North Coconut Grove. The property is offered with approved plans by award-winning Baquerizo Architects for a sustainable 2-story residence thoughtfully designed to preserve the property’s mature tree canopy. The envisioned estate encompasses 6,876 SF of AC space + 3,552 SF of covered terraces (10,428 total gross SF). Natural stone, warm wood and expansive glass define the architecture, drawing abundant natural light into interiors connected seamlessly with the Grove’s tropical surroundings. Plans feature 5 bedrooms, 6 bathrooms, 2 studies, gym, elevator and expansive living areas. The chef’s kitchen features gas cooking, an oversized island, pantry and generous storage. A grand primary suite offers a walk-in closet, office and a spa-inspired bath with soaking tub, glass-enclosed rain shower and dual water closets. Expansive outdoor living features a lap pool, spa, lounge, summer kitchen and covered entertaining areas surrounded by mature tropical foliage. 2-car garage + lift and carport with electric shutters complete the plans. Set along a quiet, quintessential tree-canopied Grove street, the property enjoys a private setting surrounded by the natural beauty and character of Coconut Grove. An exceptional location near many of South Florida’s top schools, Biscayne Bay, marinas, sailing clubs, parks, acclaimed dining and shopping.
Features
- Bar
- Built-in Features
- Closet Cabinetry
- Cooking Island
- Elevator
- Entrance Foyer
- Pantry
- Walk-In Closet(s)
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 5-bed rentals in Coconut Grove, from 7 active listings; the middle half ask $16,000–$38,000.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.