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Condominium
$410,000$486 / sqft
2740 SW 28th Ter # 603, Miami FL 33133
Listed
2
Bedrooms
1
Bathrooms
843 sqft
Interior
2006
Year built
$833 / mo
HOA
Condominium
Type
About this home
This 843 sq. ft. apartment in Coconut Grove offers modern comfort and urban living. It comprises one bedroom + Den, one bathroom, and an open-concept kitchen and living area, a balcony that floods the rooms with natural light and provides stunning outdoor views. The kitchen is a standout feature, boasting warm wood cabinetry, stainless steel appliances. It opens to the living area, creating an ideal space. The bathroom is sleek and modern, with a white vanity, a large mirror, and a combined shower and tub. Throughout the apartment, light-colored wood-look flooring adds warmth and continuity. The bedrooms are spacious and bright, with ample closet space. Pool on the top floor + Gym in 2nd VIRTUAL TOUR LINK, SHOWINGS ONLY, WITH SERIOUS OFFERS
Features
- Elevator
- Den/Library/Office
- None
- Skyline
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- Ok To Lease
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
Approximate — shows the building, not the unit.
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 29 active listings; the middle half ask $2,850–$12,500.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.