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Condominium at 3 Grove Isle Dr # C803, Miami FL 33133Active
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Waterfront · Condominium
$1,700,000$903 / sqft

3 Grove Isle Dr # C803, Miami FL 33133

2
Bedrooms
2
Bathrooms
1,882 sqft
Interior
1981
Year built
$2,840 / mo
HOA
Condominium
Type

About this home

Experience unit C803 a beautifully renovated & luxuriously appointed 2 bedroom 2 bath condo at the exclusive, guard-gated island community of Grove Isle. Spanning 1882 SF this exceptional home features a desirable split-bdrm plan filled with natural light & Biscayne Bay views from its elevated 8th-floor position. Overlooking the newly completed Vitas, an ultra-luxury waterfront condominium w/residences starting at $8.5M, C803 enjoys a coveted outlook further enhancing its appeal. Redesigned premium finishes include elegant porcelain floors, custom cabinetry, top-of-the-line Bosch appliances, impact windows & doors and a dedicated utility room w/laundry & sink. Expansive living & dining areas flow seamlessly to a private terrace, creating an ideal setting for relaxing or entertaining. The spacious primary suite offers terrace access, a generous dressing area, spa-inspired bath and oversized walk-in closet. A well-appointed second suite features abundant closet space & a full bath w/dual access from both the bdrm & hallway. Residents enjoy an unparalleled resort-style lifestyle w/24-hour gated security, concierge & valet services, a waterfront pool, tennis courts, a new racquet club, marina access, a private beach & the forthcoming La Sponda, a Michelin-recognized Italian coastal-inspired waterfront restaurant. Just minutes from the boutiques, restaurants, parks & attractions of Coconut Grove, Key Biscayne & Brickell, while enjoying the privacy & exclusivity of island living.

Features

  • Closet Cabinetry
  • Entrance Foyer
  • Walk-In Closet(s)
  • Utility Room/Laundry
  • East Of Us1
  • Open Balcony
  • Bay
  • Ocean View
  • Skyline

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$11,436

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$8,596
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.

Courtesy of
Compass Florida, LLC

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.

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 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.