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3
Bedrooms
3
Bathrooms
— sqft
Interior
1990
Year built
None
HOA
Single Family Residence
Type
About this home
Opportunity in North Coconut Grove! Beautifully maintained pool home, concrete block construction built in 1990 and lovingly cared for by one family. Located well outside the flood zone, yet just steps from Biscayne Bay and Kennedy Park. Completely walled for exceptional privacy, the property is perfect for pets, children, and entertaining. A rare find in the Grove, the home also features a two-car garage. The spacious, light-filled floor plan offers generous living, dining, and family room areas enhanced by soaring vaulted ceilings, creating an open and inviting atmosphere. Located within the highly sought-after Coconut Grove Elementary School district, this home also offers exceptional convenience—just 1.2 miles from CocoWalk’s shops and restaurants and only 0.8 miles to Metrorail, The Underline, and Grove Central, with easy access to Downtown Miami, Brickell, Coral Gables, and beyond. Enjoy the best of Grove living with beautiful parks, waterfront recreation, dining, shopping, and transit all within easy reach in one of Miami’s most desirable neighborhoods. Just 20 minutes from Miami International Airport and less than 5 miles from the world-class beaches of Key Biscayne. Three photos are virtually staged. 4 point inspection available and in the attachments here.
Features
- First Floor Entry
- Split Bedroom
- Volume Ceilings
- Walk-In Closet(s)
- Utility Room/Laundry
- Lighting
- Pool
Location
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 3-bed rentals in Coconut Grove, from 12 active listings; the middle half ask $5,950–$11,500.That is what landlords ask, not what units let for — edit it if you know better.
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 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. We are not a lender and neither offer nor arrange financing. 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.