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**PRICE IMPROVEMENT--UPDATED and beautifully remodeled 2 story townhome in Coconut Grove. BEST PRICED 3 BEDROOM in the area and seller motivated! You'll find this residence is ideally located, providing easy access to all of Miami's most popular destination points. This spacious townhome offers the comforts of a single family home while requiring minimal maintenance, and quietly tucked away in a private setting. Great as a primary residence or second home with flexible rental policy. Features include an open floor plan with luxury vinyl plank flooring, soaring 10' ceilings downstairs, 9' ceilings upstairs, a large updated kitchen w/ white quartz countertops and stainless steel appliances, contemporary stainless steel staircase railing, and a spacious primary suite with sitting area and oversized walk-in closet. Two additional generously sized bedrooms provide ample space for family or guests along w a large attached storage unit under AC. Community amenities include an indoor pool, fitness center, two assigned parking spaces, and abundant guest parking. Ideally located within walking distance to Coconut Grove Village, Miracle Mile, Regatta Grove, Bayshore Club, parks, marinas, shopping and dining, Target, Total Wine, and Grove Metrorail. Just minutes from Brickell, Coral Gables, Wynwood, the Design District, Miami Beach, and 15 minutes to Miami International Airport. An exceptional opportunity to enjoy The Grove lifestyle in a beautifully updated home at a phenomenal price!
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 12 active listings; the middle half ask $8,000–$12,000.That is what landlords ask, not what units let for — edit it if you know better.
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.
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.
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
Illustration only — not a loan offer, quote, or commitment. We are not a lender and neither offer nor arrange financing. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
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