3 Grove Isle Dr C307, Miami, FL 33133 — MLS photo

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3 Grove Isle Dr C307, Miami, FL 33133

Active · Condominium

$1,299,000

3 Grove Isle Dr C307, Miami, FL 33133

Beds
2
Baths
2
Living area
1,882 sq ft
$ / sq ft
$690/sq ft
Year built
1981
Lot size
—
HOA fee
$2,840
Annual tax
—

About this property

One of the most updated and least expensive units in sought after Grove Isle. Gorgeously updated and appointed large 2/2 layout with open living spaces, large primary suite and second bedroom, large terrace, laundry area and more. Beautiful porcelain floors, stylish wood kitchen, and electronic shades. Peaceful views and plenty of relaxing outdoor terrace space. Enjoy the luxurious Grove Isle lifestyle which features fantastic amenities and a full service building.

Property location

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3 Grove Isle Dr C307, Miami, FL 33133

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,882 sq ft

Exterior & Structure

Property type
Condominium
Year built
1981

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$2,840
County
Miami-Dade
MLS listing ID
A12021794
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

-$5,548

Cap rate
0.6%
Net yield
0.6%
Cash-on-cash return
-18.3%
Gross yield
6.4%
Mortgage payment
$6,158/mo
Down payment
$324,750
Loan amount
$974,250
Annual NOI
$7,314

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.