2 Grove Isle Dr #B1410
Condo in Fair Isle
Off Market
39
Map
$1,875,000
3
Beds
2.5
Baths
1
Half Bath
2,424
Ft²
$774
$/ft²
–
Acres
Live on the only tropical private island in Coconut Grove, enjoy
the best sunrise and sunsets in this fabulous 2,424 SQ. FT. Â 3
bedroom, 2 1/2 bath condo on the 14th floor. Spacious living area,
large bedrooms, great balcony with unobstructed views of the bay
and Miami's skyline!!. The maintenance fee is only $1.19 per square
foot.
The manager has listed the unit size as 2424 square feet.
The manager has listed the unit size as 2424 square feet.
LISTING AGENT
Cecilia Tavera-WebmanRE/MAX Advance Realty[email protected]
Building Features
Condition
New Construction
Exterior
Block Exterior
Parking
Covered ParkingAttached GarageValet ParkingAssigned ParkingGarage ParkingGuest ParkingDetached Garage
Home Features
Home Systems
Security System
Appliances
DishwasherGarbage DisposalMicrowaveElectric RangeRefrigerator
Laundry
Dryer in UnitWasher in Unit
HVAC
Central A/CFurnace
Price History
| Date/Event | Event | Price |
|---|---|---|
| Apr 2, 2023 No longer available | No longer available | - |
| Feb 25, 2023 In contract | In contract | - |
| Jan 26, 2023 Price Decreased | Price Decreased | $1,875,000 $125K (6.3%) |
Property Analysis
Cap Rate Analysis
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$69,600ExpensesPer Year
$49,632Operating ProfitPer Year
$19,968 Cap rate
1.06%Price Estimate
$2,313,000$1,981,418$1,649,837
20222023202420252026
Current Asking Price
$1,875,000
HopScore Market Price
$1,981,418
The current asking price is $106,418.68 below the HopScore market price.
Comparables
| Unit Status | Type | Beds | Baths | ft² Price/ft² | Price Common Charges |
|---|---|---|---|---|---|
| Active | Condo | 2 | 2 | 1,882 ft² $797/ft² | $1,500,000 $2,858.50/mo |
| Active | Condo | 2 | 2 | 1,882 ft² $848/ft² | $1,595,000 $2,706.58/mo |
| Active | Condo | 2 | 2 | 1,882 ft² $842/ft² | $1,585,000 $2,704.58/mo |
| Active | Condo | 2 | 2 | 1,774 ft² $1,026/ft² | $1,820,000 $2,866.75/mo |
| Active | Condo | 2 | 2 | 1,530 ft² $1,275/ft² | $1,950,000 $3,600/mo |
Payment Calculator
Building Info
Neighborhood
About Fair Isle
Sales History
| Unit | Beds | Baths | ft² | Asking Common Charges | Listed Listing Status | Closed Days on Market | Closing Above/Below Asking | Buyer(s) |
|---|---|---|---|---|---|---|---|---|
2 | 2 | 1,882 | $1,500,000 -/mo | Feb 15, 2023 Active | - | - - | - | |
2 | 2 | 1,642 | $1,299,000 -/mo | Oct 6, 2022 Active | - | - - | - | |
3 | 2 | 2,398 | $2,145,000 -/mo | Aug 19, 2022 Expired | - - | - - | - | |
2 | 2 | 1,882 | $1,400,000 -/mo | Jul 6, 2022 Expired | - - | - - | - | |
2 | 2 | 1,882 | $1,125,000 -/mo | May 31, 2022 Expired | - - | - - | - | |
3 | 2.5 | 2,424 | $2,199,000 -/mo | May 22, 2022 In Contract | - - | - - | - | |
2 | 2 | 1,642 | $1,100,000 -/mo | Apr 11, 2022 Expired | - - | - - | - | |
3 | 2 | 2,398 | $2,000,000 -/mo | Mar 28, 2022 Expired | - - | - - | - | |
2 | 2 | 1,882 | $1,200,000 -/mo | Mar 25, 2022 Expired | - - | - - | - | |
6 | 5 | 5,012 | $3,890,000 -/mo | Mar 15, 2022 Expired | - - | - - | - |
