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Condominium
$595,000$551 / sqft
2850 Coconut Ave # 15, Miami FL 33133
Listed
2
Bedrooms
2
Bathrooms
1,080 sqft
Interior
1998
Year built
$620 / mo
HOA
Condominium
Type
About this home
Built in 1998 and subsequently renovated, this charming 2-story unit features 2 bedrooms, 1.5 bathrooms, and sunlit, open living spaces within Marbella Villas Condo. The lovely kitchen has white cabinetry, stainless steel appliances, and counter seating and is open to a nicely-proportioned living area. An ample living room has plenty of space for your friends to gather! Upstairs the two bedrooms each have a walk-in closet, one opens to a balcony, and both share access to the large, upgraded bathroom. The unit also features hurricane shutters, interior laundry, new a/c unit, new roof, 2 parking spaces, and access to the gated complex’s pool and patio area! This unit is perfect for end users or investors in the heart of the Grove!
Features
- Second Floor Entry
- Closet Cabinetry
- Great Room
- East Of Us1
- Open Balcony
- Garden View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
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.
Location
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.