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Listed
Tucked into a quiet corner of South Coconut Grove beneath a beautiful tree canopy, this light-filled home blends original Grove character with thoughtful modern updates. Offering approximately 2,485 SF of living area on a roughly 7,600 SF lot, the home features an open, airy layout with vaulted ceilings, skylights and abundant natural light. The kitchen and main living areas overlook the pool and open backyard, creating an easy indoor-outdoor connection perfect for pool days and entertaining. Major improvements include a 323 SF addition with a 400 SF outdoor patio deck area off the main room, new pool, renovated kitchen, updated bathrooms, PVC plumbing, impact windows and doors, and other extensive renovations completed primarily in 2017, plus a new metal roof and electrical panel in 2025. More recent upgrades include new landscaping, pool heater, updated appliances and lighting, while underground FPL service keeps the streetscape free of overhead power lines. The corner setting also provides something increasingly hard to find in the Grove: parking—approximately four cars in front plus another two along the side. Surrounded by mature landscaping and neighboring homes, the residence feels tucked away and private while remaining close to everything that makes South Grove special. Charming where it should be, updated where it matters, and definitely not your typical cookie-cutter Miami house.
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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 $3,500–$8,000.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.
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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