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Condominium at 2 Grove Isle Dr # B805, Miami FL 33133Active
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Waterfront · Condominium
$1,399,000$743 / sqft

2 Grove Isle Dr # B805, Miami FL 33133

2
Bedrooms
2
Bathrooms
1,882 sqft
Interior
1980
Year built
$2,840 / mo
HOA
Condominium
Type

About this home

Enjoy sweeping bay views from every room in this spacious 1,882 sq ft, 2-bedroom, 2-bath residence on prestigious Grove Isle. Expansive living and dining areas flow seamlessly to a generous balcony—perfect for entertaining or relaxed waterfront living. The primary suite features a large walk-in closet and ensuite bath, while the second bedroom easily adapts for guests or a home office. Grove Isle is a private, guard-gated island in the heart of Coconut Grove, offering exceptional privacy and an elevated, resort-style lifestyle, including a new racquet club and a soon-to-open exclusive island restaurant. Ideally located just minutes from Brickell, Downtown Miami, and CoCoWalk, this is a rare opportunity in one of Miami’s most sought-after waterfront enclaves.

Features

  • Lobby
  • Built-in Features
  • Entrance Foyer
  • Walk-In Closet(s)
  • Utility Room/Laundry
  • East Of Us1
  • Open Balcony
  • Bay
  • Club Area View
  • Garden View
  • Ocean View
  • Pool Area View

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$9,914

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$7,074
HOA
$2,840 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Compass Florida, LLC

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management

Cap rate
Cash-on-cash
Monthly cash flow
Net operating income

Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.

Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.

Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.