All listings
Active
Active1 / 17
Photo 1 of 17
Waterfront · Condominium
$2,850,000$1,090 / sqft
2 Grove Isle Dr # B1709, Miami FL 33133
Listed
3
Bedrooms
3
Bathrooms
2,614 sqft
Interior
1980
Year built
$3,945 / mo
HOA
Condominium
Type
About this home
Tucked away on a 21-acre private island in the heart of Coconut Grove, this beautifully appointed corner residence at Two Grove Isle offers the kind of lifestyle that is increasingly hard to find — serene, private, and effortlessly elegant. From the 17th floor, sweeping views of Biscayne Bay and the city skyline frame every moment of daily life. The 2,614 SF open-concept layout flows through marble floors in the social areas, wide-plank white oak in the bedrooms, and floor-to-ceiling sliding glass doors that open to a bay-view balcony. Thoughtful details throughout include teak hardwood doors, door frames and baseboards, LED recessed lighting integrated into ceiling soffit drops, and automated blinds throughout. The custom kitchen features a cooking island, emerald recycled glass quartz countertops, and quality Dacor and Bosch appliances. The generous primary suite offers a private balcony, custom walk-in closet, and a well-appointed marble bath with dual vanities, frameless glass shower, and private water closet. Residents enjoy preferred membership to the Grove Isle Club with 8 clay tennis courts, two bayfront heated pools, an 85-slip marina, 24-hour valet, concierge, and a full suite of resort-style amenities. 3 bedrooms, 2.5 bathrooms, 2 parking spaces, and an air-conditioned storage unit complete this exceptional offering — island living at its very best.
Features
- Closet Cabinetry
- Cooking Island
- Other
- Walk-In Closet(s)
- Family Room
- Utility Room/Laundry
- East Of Us1
- Open Balcony
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 3-bed rentals in Coconut Grove, from 14 active listings; the middle half ask $16,500–$35,000.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.