$2,327,000

2 Grove Isle Dr #B609, Miami, FL 33133

Bedrooms
3
Baths
3
Living area
2,614 ft²
Price per ft²
$890 / ft²
Type
Condo
Year built
1980
HOA
$4,252 / mo HOA
On market
2 days on market
MLS #
A12091357

Discover the rare opportunity to create a truly exceptional residence on Grove Isle, Coconut Grove’s iconic private island. Residence B609 is one of the building’s largest and most coveted lines, offering an expansive layout boasting 2,614 SF with 3 bedrooms, 2.5 baths and a spectacular northwest exposure. Imagine a unit that offers ocean, bay and Coconut Grove views, setting the stage for a complete transformation into a sophisticated custom home. Beyond the residence, Grove Isle offers an extraordinary lifestyle defined by privacy, security and resort-style waterfront living. This exclusive guard-gated island community features beautiful amenities including pools, pickleball and tennis courts, fitness center, BBQ and entertaining areas with a private beach, children’s play area, marina and more. Surrounded by the waters of Biscayne Bay yet moments from the heart of Coconut Grove, this is a unique opportunity to create a remarkable island retreat in one of Miami’s most treasured waterfront communities.

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 $890. The median for recorded sales in the same ZIP codes is $809/ft² — putting it 10% above the median.
  • Position in the area’s price distributionThe asking price is $2,327,000; the median of recorded sales in the area is $1,310,000 (829 sales). On raw price that is 78% above the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $4,252 per month comes to $51,024 a year — 2.2% 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%$698,100
Term

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

Estimated monthly payment$10,782
Loan amount
$1,628,900
Total interest over the term
$2,252,789
Total repaid
$3,881,689

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

Insignia International Properties

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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