$648,000

2889 Mcfarlane Rd #912, Miami, FL 33133

Bedrooms
1
Baths
2
Living area
679 ft²
Price per ft²
$954 / ft²
Type
Condo
Year built
2001
HOA
$4,052 / mo HOA
On market
64 days on market
MLS #
A12057503

Park and bay views from this stunning residence featuring a wraparound balcony at Arya Hotel & Suites, a full-service luxury condo-hotel in the heart of Coconut Grove Village. With no rental restrictions, this is an exceptional opportunity for both investors and personal use. Sold fully furnished and turnkey, including all furniture, furnishings, housewares, equipment, and accessories. The residence has been tastefully renovated with an updated kitchen, remodeled bathrooms, and new flooring throughout. To maximize rental income, the unit has been configured as two independent suites, allowing them to be rented separately or enjoyed together as one spacious residence. Enjoy resort-style amenities including a bayfront pool and restaurant, fitness center with sauna, squash courts, business center, 24-hour attended lobby with concierge, secure garage parking, valet service. Ideally located just minutes from Brickell, Downtown Miami, Miami International Airport, Key Biscayne, and the beaches, and within walking distance of Coconut Grove's galleries, boutiques, cafés, restaurants, marinas, and bayfront parks.

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 $954. The median for recorded sales in the same ZIP codes is $809/ft² — putting it 18% above the median.
  • Position in the area’s price distributionThe asking price is $648,000; the median of recorded sales in the area is $1,310,000 (830 sales). On raw price that is 51% below the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $4,052 per month comes to $48,624 a year — 7.5% 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%$194,400
Term

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

Estimated monthly payment$3,003
Loan amount
$453,600
Total interest over the term
$627,334
Total repaid
$1,080,934

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

Mar 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.

See this property in person

Formu doldurun, uygun gezi saatlerini aynı gün içinde iletelim. Miami’de değilseniz canlı video tur da ayarlayabiliriz.

Hesabınız kontrol ediliyor…

This form is provided by GoHighLevel

To show the form we need to load a third-party service that uses cookies. With your consent the form opens immediately; you can also reach us on WhatsApp or by phone.

Privacy Policy

Similar listings nearby

Other records in the same area, at a comparable size and price.

CallWhatsApp