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Live in the HEART of Coconut Grove!! (Entrance on Allamanda St) This elegant, newly painted, tri-level 2-bedroom, 2-bathroom townhome combines beautifully updated interiors with inviting outdoor spaces. The first floor features a modern kitchen with NEW cabinets, appliances and quartz countertops, marble flooring, and a sizable living area with sliders opening to a backyard with new fencing. The second floor offers a bedroom, bathroom & versatile LOFT for an OFFICE,DEN or PLAYROOM. The top floor has an oversized primary suite with ALL NEW primary bath with a sunken tub, large shower and double sinks. Wood Floors upstairs.. Additional highlights include walk-in closets, 2 balconies, hurricane protection and a rare Grove find: 2 parking spaces! A/C approximately 7 years old; water heater approximately 3 years old. Enjoy flexible space for working from home, relaxing indoors or unwinding outdoors. Only steps to Blanche Park with playground & picnic area! Enjoy nearby grocery shopping and just blocks to CocoWalk and Mayfair shopping, dining and entertainment. Nearby A-rated Coconut Grove Elementary adds to the location's appeal. Discover waterfront parks, marinas and the Grove's distinctive village atmosphere. Mercy Hospital is a short drive away, with convenient access to US-1, Metrorail and major highways. Close to Coral Gables, Key Biscayne, Brickell & Downtown Miami, this location puts the best of Miami within reach. EASY TO SHOW. (some virtual staging)
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 5 active listings; the middle half ask $4,000–$7,400.That is what landlords ask, not what units let for — edit it if you know better.
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.
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.
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
Illustration only — not a loan offer, quote, or commitment. We are not a lender and neither offer nor arrange financing. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Request a private or video tour with a local agent.