$1,395,000

2 Grove Isle Dr #B205, Miami, FL 33133

Bedrooms
2
Baths
2
Living area
1,882 ft²
Price per ft²
$741 / ft²
Type
Condo
Year built
1980
HOA
$2,840 / mo HOA
On market
87 days on market
MLS #
A12038961

An exceptionally rare lanai residence on prestigious Grove Isle! Step directly from your expansive private terrace to lush tropical gardens and the resort-style pools—no elevator required. Tastefully renovated and filled with natural light, this spacious 1,882-square-foot home features elegant custom built-ins, generous living and dining areas, a thoughtfully designed kitchen, and oversized walk-in closets. The large terrace seamlessly extends the living space outdoors, creating the perfect setting for morning coffee, alfresco dining, or entertaining amid lush tropical surroundings. Nestled within the exclusive, guard-gated Grove Isle community, residents enjoy waterfront gardens and pools, a world-class racquet club, fitness center, a scenic bay-front walking path, 24-hour security, and a soon-to-open signature restaurant, all just minutes from the heart of Coconut Grove, Brickell and Downtown.

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 $741. The median for recorded sales in the same ZIP codes is $819/ft² — putting it 10% below the median.
  • Position in the area’s price distributionThe asking price is $1,395,000; the median of recorded sales in the area is $1,325,000 (849 sales). On raw price that is 5% above the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $2,840 per month comes to $34,080 a year — 2.4% 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%$418,500
Term

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

Estimated monthly payment$6,516
Loan amount
$976,500
Total interest over the term
$1,369,391
Total repaid
$2,345,891

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

Compass Florida, 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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