Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,642 sq ft
Active · Condominium
$950,000
3 Grove Isle Dr C308, Miami, FL 33133
- Beds
- 2
- Baths
- 2
- Living area
- 1,642 sq ft
- $ / sq ft
- $579/sq ft
- Year built
- 1981
- Lot size
- —
- HOA fee
- $2,218
- Annual tax
- —
About this property
Spacious and bright 2-bedroom, 2-bathroom condo with 1,642 sq. ft. of interior space in the prestigious private island community of Grove Isle, in the heart of Coconut Grove. Southwest exposure offers panoramic views of the bay, lush gardens, and swaying palm trees, creating a serene and sophisticated setting. Functional floor plan with ample closets, a well-appointed kitchen, and modern appliances. The building offers top-notch amenities, including 24-hour security, controlled access, gym, pool, walking paths, clubhouse, marina, bbq area, dog park. Prime location just minutes from Brickell, downtown Miami, waterfront parks, restaurants, and top-rated schools.
Property location
Get Directions3 Grove Isle Dr C308, Miami, FL 33133
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1981
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $2,218
- County
- Miami-Dade
- MLS listing ID
- A12002093
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$3,769
- Cap rate
- 0.9%
- Net yield
- 0.9%
- Cash-on-cash return
- -17.0%
- Gross yield
- 7.0%
- Mortgage payment
- $4,503/mo
- Down payment
- $237,500
- Loan amount
- $712,500
- Annual NOI
- $8,818
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.