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Condominium
$325,000$359 / sqft
2690 SW 22nd Ave # 504, Miami FL 33133
Listed
2
Bedrooms
2
Bathrooms
906 sqft
Interior
1974
Year built
$580 / mo
HOA
Condominium
Type
About this home
Grove Plazais a great 5 story building Garden Apartment on the fifth floor with 906 sq ft spacious unit with 2BR-1.5BA. This unit is close to Coconut Grove and easy access to US 1 and Metro. Features new AC and air ducts, no popcorn ceiling, updated kitchen, stove, dishwasher, refrigerator, bathroom and closet systems with walking closet both bedroom closet and window blinds. The building has a pool, great clubhouse located in the ground floor and a dedicated parking space #504 close to the back entrance. The common and parking areas are kept in a pristine condition.
Features
- Interior Hall
- First Floor Entry
- Bar
- Closet Cabinetry
- Elevator
- Walk-In Closet(s)
- Fruit Trees
- None
Leasing
- Minimum lease
- 360 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.
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.