2 Grove Isle Dr #B1410

Condo in Fair Isle
Off Market
 for Sale at 2 Grove Isle Drive, Miami, FL 33133

39

 for Sale at 2 Grove Isle Drive, Miami, FL 33133
 for Sale at 2 Grove Isle Drive, Miami, FL 33133
 for Sale at 2 Grove Isle Drive, Miami, FL 33133
$1,875,000
3
Beds
2.5
Baths
1
Half Bath
2,424
Ft²
$774
$/ft²
Acres
Cap Rate
Est. Monthly
Cap Rate
1.23%
Est. Monthly
$13,343
Live on the only tropical private island in Coconut Grove, enjoy the best sunrise and sunsets in this fabulous 2,424 SQ. FT.  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.

LISTING AGENT


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/EventEventPrice
Apr 2, 2023 No longer availableNo longer available-
Feb 25, 2023 In contractIn contract-
Jan 26, 2023 Price DecreasedPrice Decreased$1,875,000 $125K (6.3%)
Nov 12, 2022 Price DecreasedPrice Decreased$2,000,000 $199K (9%)
May 22, 2022 Listed by RE/MAX Advance RealtyListed by RE/MAX Advance Realty$2,199,000

Property Analysis

Cap Rate Analysis

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$69,600
ExpensesPer Year
$49,632
Operating 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
TypeBedsBathsft²
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

2 Grove Isle Drive2 Grove Isle Drive, Miami, FL 33133
  • 2 Units for Sale
More about this Building
2 Grove Isle Drive
Want to find out who owns 2 Grove Isle Drive, Miami, FL 33133? Get detailed property transactions here .

Neighborhood

About Fair Isle

Stats & Trends

The median asking price in Fair Isle is $1,557,450.
  • Median Asking

    $1,557,450
  • Sale Price/ft²

    $852.94
  • Below Asking

    0.03%
  • Days on Market

    71

Sales History

UnitBedsBathsft²Asking
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
-
-
-
-
-

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Frequently Asked Questions

What is the median home price in Northeast Coconut Grove?
The median home price in Northeast Coconut Grove is $2,772,500, or $1,222/sqft. When you buy a home in Northeast Coconut Grove, you can expect to pay between $1,587,500 to $5,000,000. These figures may differ depending on the location, type, and size of the property.
What is the median home price for a Studio in Northeast Coconut Grove?
The median home price for a studio in Northeast Coconut Grove is $1,850,000, or $0/sqft.
What is the median home price for a One-Bedroom in Northeast Coconut Grove?
The median home price for a one-bedroom home in Northeast Coconut Grove is $499,000, or $651/sqft.
What is the median home price for a Two-Bedroom in Northeast Coconut Grove?
The median home price for a two-bedroom home in Northeast Coconut Grove is $1,399,000, or $1,000/sqft.
What is the median home price for a Three-Bedroom in Northeast Coconut Grove?
The median home price for a three-bedroom home in Northeast Coconut Grove is $2,774,000, or $1,668/sqft.
What is the median home price for a Four+ Bedroom in Northeast Coconut Grove?
The median home price for a four+ bedroom home in Northeast Coconut Grove is $4,990,000, or $1,340/sqft.
What is the breakdown of listings by bedroom count in Northeast Coconut Grove?
There are currently 126 available properties for sale in Northeast Coconut Grove. Of those, 0.79% are studio listings, 7.14% are one-bedroom listings, 23.02% are two-bedroom listings, 23.81% are three-bedroom listings, and 45.24% are four+ bedroom listings.
What is the breakdown of listings by property type in Northeast Coconut Grove?
There are currently 72 condos, 42 houses, and 12 townhouses located in Northeast Coconut Grove. Our inventory of available listings is constantly being updated so be sure to check back frequently.
What is the least expensive property sold in the past 12 months in Northeast Coconut Grove?
The least expensive property sold in Northeast Coconut Grove for $8,200.
Now, what is the most expensive property sold in the past 12 months in Northeast Coconut Grove?
The most expensive property sold in Northeast Coconut Grove for $26,000,000.
How long on average are properties in Northeast Coconut Grove on the market?
Based on our collected data, properties in Northeast Coconut Grove are on the market for a median time of 71 days.

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