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0
Bedrooms
1
Bathrooms
410 sqft
Interior
2001
Year built
$845 / mo
HOA
Condominium
Type
About this home
Live the ultimate Coconut Grove lifestyle in this chic new renovation and perfectly appointed studio,professionally decorated ideally positioned in one of South Florida’s most coveted walk-to-everything neighborhoods. Just steps from world-class dining, boutique shopping, lively nightlife, waterfront parks, sailing clubs, and year-round events, this is urban convenience with a tropical twist.No rental restrictions allow for revenue producing venue. Step inside to discover a bright, thoughtfully designed floor plan that maximizes space and flow — perfect as a primary residence, pied-à-terre, or investment property. The open layout offers seamless living, dining, and sleeping areas, while abundant natural light and stylish finishes create a breezy, modern vibe that feels quintessentially Grove
Features
- Lobby
- Closet Cabinetry
- Fire Sprinklers
- East Of Us1
- Open Balcony
- Bay
- Other View
Leasing
- Minimum lease
- Not stated
- Leases permitted per year
- 365
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.
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 studio rentals across Miami-Dade, from 200 active listings; the middle half ask $2,000–$3,000.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.