$2,995,000

3 Grove Isle Dr #C502, Miami, FL 33133

Bedrooms
3
Baths
2
Living area
2,398 ft²
Price per ft²
$1,249 / ft²
Type
Condo
Year built
1981
HOA
$3,618 / mo HOA
On market
102 days on market
MLS #
A12034147

Experience waterfront living at its finest on the exclusive island of Grove Isle. This elegant residence offers a rare combination of privacy, security, and resort style amenities—perfect for buyers who are seeking warm weather, a relaxed lifestyle, and direct access to Miami’s most desirable neighborhoods. Located in the heart of Coconut Grove, this spacious unit features bright open living areas, floor to ceiling HIGH IMPACT windows, and stunning views of Biscayne Bay. The home offers a comfortable layout, with generous bedrooms, and a private balconies that captures the beauty of Miami’s waterfront. Completely renovated !!!Ready to MOVE IN!!

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 $1,249. The median for recorded sales in the same ZIP codes is $809/ft² — putting it 54% above the median.
  • Position in the area’s price distributionThe asking price is $2,995,000; the median of recorded sales in the area is $1,305,000 (830 sales). On raw price that is 130% above the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $3,618 per month comes to $43,416 a year — 1.4% 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%$898,500
Term

6.95% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced September 17, 2026.

Estimated monthly payment$13,878
Loan amount
$2,096,500
Total interest over the term
$2,899,486
Total repaid
$4,995,986

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

EXP Realty 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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