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2
Bedrooms
2
Bathrooms
1,040 sqft
Interior
1978
Year built
$656 / mo
HOA
Townhouse
Type
About this home
Buyer couldn't get funded — HUGE price reduction. Steal this TH for $650,000. Welcome to 2989 Bird Ave. Charming 2-bedrooms, a large bath with 2 sinks and a remodeled half bath downstairs. This townhome nestled in the heart of Miami's most beloved and iconic neighborhoods, Coconut Grove. Make this home yours. This residence offers the quintessential Grove lifestyle with unbeatable indoor-outdoor living complete with solar panels to subsidize energy costs. Upstairs the two bedrooms each open to a screened in balcony, and both share access to the large bathroom. From your living room, step outside onto your expansive private deck, the perfect space to sip your morning coffee or unwind at sunset. Inside, the home carries the warmth and character that Coconut Grove is known for, with a functional layout and natural light throughout. This home is full of potential and a rare opportunity to add your personal touch and build instant equity in one of South Florida's most sought-after zip codes that is located in flood Zone X and has low HOA fees of $467. Steps from world-class dining, boutique shopping, CocoWalk, Peacock Park, and the beautiful Biscayne Bay waterfront — you're not just buying a home, you're buying a lifestyle. Minutes to Brickell, Coral Gables, and major expressways. Opportunities like this in the Grove don't last. Schedule your private showing today and submit your offers ASAP.
Features
- First Floor Entry
- Other
- Courtyard
- Screened Balcony
- Pool Area View
Leasing
- Minimum lease
- 365 days
- Leases permitted per 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 7 active listings; the middle half ask $3,400–$5,500.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.