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Modern homes on nearly 12,000 SF lots are exceptionally rare in Coconut Grove. Built in 2018, this tropical modern residence sits on a fully gated property at the end of a quiet, no-through street in coveted North Grove, offering extraordinary privacy and outdoor space. Currently configured with 4 bedrooms, 5.5 baths and separate staff quarters, the home can easily be restored to its original 6-bedroom layout. Soaring ceilings, expansive impact glass and open living spaces flow seamlessly to a covered terrace, resort-style pool and oversized backyard. The Italian designer kitchen features Wolf and Sub-Zero appliances, while the expansive primary suite offers a spa-inspired bath and custom closet. Generous balconies overlook lush tropical surroundings. Dual Tesla Powerwalls provide whole-home backup power. Minutes from the Grove's village, marinas, parks and top schools. A rare combination of modern construction, privacy and substantial land.
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 6-bed rentals across Miami-Dade, from 59 active listings; the middle half ask $10,000–$42,000.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.
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.
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