$3,500,000

2 Grove Isle Dr #B1602, Miami, FL 33133

Bedrooms
3
Baths
3
Living area
2,398 ft²
Price per ft²
$1,460 / ft²
Type
Condo
Year built
1980
HOA
$3,618 / mo HOA
On market
3 days on market
MLS #
A12058462

Completely remodeled, this exceptional corner residence offers 3 bedrooms and 3 full bathrooms, with beautifully redesigned interiors and spectacular ocean and Coconut Grove views. Every detail has been thoughtfully updated, including new flooring throughout, renovated bathrooms, upgraded electrical and plumbing systems, a new electrical panel, modern lighting, and high-impact windows. The custom Mia Cucina kitchen and closets. Move-in ready. Enjoy the unique island lifestyle of Grove Isle, an exclusive guard-gated private island community in Coconut Grove, offering exceptional privacy and tranquility. Amenities include new tennis courts, a marina, fitness center. Experience serene waterfront living on Coconut Grove’s only private island.

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 $1,460. The median for recorded sales in the same ZIP codes is $809/ft² — putting it 80% above the median.
  • Position in the area’s price distributionThe asking price is $3,500,000; the median of recorded sales in the area is $1,310,000 (833 sales). On raw price that is 167% 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 — 1.2% 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%$1,050,000
Term

6.76% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced September 10, 2026.

Estimated monthly payment$15,907
Loan amount
$2,450,000
Total interest over the term
$3,276,499
Total repaid
$5,726,499

Foreign buyers are typically asked for 30–40% down, at rates 1–2 points above what US citizens pay. The rate above is the US-citizen product — enter your own rate if you know your terms.

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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