All listings
Active
Active1 / 6
Photo 1 of 6
5
Bedrooms
6
Bathrooms
— sqft
Interior
2027
Year built
None
HOA
Single Family Residence
Type
About this home
Great opportunity to build your new home with fully permitted plans for construction and within walking distance to the heart of Coconut Grove. This is a modern-tropical residence designed by Studio Dell' Arte, an architecture firm specialized and rooted in the essence of Miami and Coconut Grove style. The home is designed and permitted for five bedrooms with en-suite bathrooms, a powder room on the main floor, great flow through and lots of natural light with large glass panels. There are also 10 ft ceilings; a kitchen w/ walk-in Pantry; Pool with BBQ area; and a large rooftop terrace for entertaining. This is your chance to purchase a home that is permitted, yet can still be customized further and perfect for families looking for more space.
Features
- First Floor Entry
- Other
- None
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$8,090
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $8,090
- HOA
- None
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.