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Condominium
$975,000$661 / sqft
2977 Mcfarlane Rd # 9, Miami FL 33133
Listed
2
Bedrooms
2
Bathrooms
1,475 sqft
Interior
1990
Year built
$1,097 / mo
HOA
Condominium
Type
About this home
Live in the heart of prestigious Coconut Grove and enjoy everything this vibrant neighborhood has to offer right at your doorstep! Indulge in world-class dining, boutique shopping, and lively nightlife, all while embracing an active outdoor lifestyle. Explore multiple parks, scenic walking and running paths, dog parks, marinas, boat launches, basketball courts, beach volleyball, biking trails, kayaking spots, and more. This spacious, pet-friendly two-story townhome offers 1,475 sq. ft. of living space, featuring two bedrooms—each with its own private outdoor patio. Additional highlights include two covered, secure parking spaces, and additional storage space. Brand New AC. Washer/Dryer & Fridge around 1 yr new. The boutique building provides a peaceful atmosphere. Coconut Grove is also home to some of Miami’s most highly regarded schools, making this an ideal location for both lifestyle and education. Rapid association approval. Per Association By-Laws Unit may be rented twice a year with no single lease less than 30 days and can rent twice a year - Perfect for those looking for income flexibility!!
Features
- Pantry
- Split Bedroom
- Walk-In Closet(s)
- Other View
Leasing
- Minimum lease
- 30 days
- Leases permitted per year
- 2
- Daily Rentals Allowed
- Ok To Lease
- Okay To Lease 1st Year
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 2-bed rentals in Coconut Grove, from 31 active listings; the middle half ask $3,150–$12,000.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.