$1,250,000

3 Grove Isle Dr #C308, Miami, FL 33133

Bedrooms
2
Baths
2
Living area
1,642 ft²
Price per ft²
$761 / ft²
Type
Condo
Year built
1981
HOA
$2,218 / mo HOA
On market
171 days on market
MLS #
A12002093

Spacious and bright 2-bedroom, 2-bathroom condo with 1,642 sq. ft. of interior space in the prestigious private island community of Grove Isle, in the heart of Coconut Grove. Southwest exposure offers panoramic views of the bay, lush gardens, and swaying palm trees, creating a serene and sophisticated setting. Functional floor plan with ample closets, a well-appointed kitchen, and modern appliances. The building offers top-notch amenities, including 24-hour security, controlled access, gym, pool, walking paths, clubhouse, marina, bbq area, dog park. Prime location just minutes from Brickell, downtown Miami, waterfront parks, restaurants, and top-rated schools.

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Price per square footThe asking price per ft² on this listing is $761. The median for recorded sales in the same ZIP codes is $819/ft² — putting it 7% below the median.
  • Position in the area’s price distributionThe asking price is $1,250,000; the median of recorded sales in the area is $1,325,000 (849 sales). On raw price that is 6% below the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $2,218 per month comes to $26,616 a year — 2.1% of the asking price. That amount is deducted from rental yield.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33133, 33129 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$375,000
Term

7.03% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced September 24, 2026.

Estimated monthly payment$5,839
Loan amount
$875,000
Total interest over the term
$1,227,053
Total repaid
$2,102,053

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

Luxury Real Estate Group LLC

Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.

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