$675,000

2889 Mcfarlane Rd #1512, Miami, FL 33133

Bedrooms
1
Baths
2
Living area
679 ft²
Price per ft²
$994 / ft²
Type
Condo
Year built
2001
HOA
$4,052 / mo HOA
On market
1 days on market
MLS #
A12095137

Excellent investment and lifestyle opportunity at the Arya Hotel in the heart of Coconut Grove. This 15th-floor corner unit features a private corner balcony with great views and a desirable two-key configuration, allowing the unit to be split into two separate rental spaces for added flexibility and income potential. With no rental restrictions, the property offers excellent versatility for investors, vacation use, or personal enjoyment. Full-service hotel amenities include pool, fitness center, restaurant, squash courts, security, business center, and front desk. Prime Coconut Grove location within walking distance to cafés, restaurants, shops, nightlife, boating, and Regatta Park.

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 $994. The median for recorded sales in the same ZIP codes is $809/ft² — putting it 23% above the median.
  • Position in the area’s price distributionThe asking price is $675,000; the median of recorded sales in the area is $1,310,000 (830 sales). On raw price that is 48% 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 — 7.2% 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%$202,500
Term

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

Estimated monthly payment$3,128
Loan amount
$472,500
Total interest over the term
$653,473
Total repaid
$1,125,973

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

Barnes International 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