$1,199,000
3 Grove Isle Drive CPH08
Explore the area: Miami homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $1,199,000
- Price per sq ft
- $730
- Vs. nearby sales
- 14.2% below
- Days on market
- N/A
This 2-bedroom condo in Grove Isle Condo is listed at $1,199,000, or $730 per square foot. The 6 most recent condo sales in the closings shown below sold at a median of $851 per square foot, so the asking price is 14.2% below what comparable homes here actually sold for.
Estimated monthly payment
$6,301 /mo
Principal and interest only, based on $239,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $2,477/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $1,199,000
- Days on Site
- 0 Days
- Bedrooms
- 2
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,642 sqft
- Total Sq Ft
- 1,642 sqft
- Year Built
- 1981
- Property Type
- Condo
- MLS #
- A12088644
- Property Tax
- $10,052 (2025)
- HOA Fees
- $2,477 / Monthly
- Subdivision
- GROVE ISLE CONDO
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
A rare opportunity to completely reimagine a penthouse residence on exclusive Grove Isle, a private 20-acre island in Coconut Grove. Positioned on the sought-after ’08 line, this home features soaring 9-foot ceilings and breathtaking, unobstructed views of Biscayne Bay, the Atlantic Ocean, Miami skyline and marina. Ready for a complete renovation, the residence offers an extraordinary opportunity to create a one-of-a-kind home tailored entirely to your vision. The generous floor plan includes expansive living and entertaining spaces, two private terraces, and a spacious primary suite with walk-in closet and en-suite bath. Its penthouse elevation, ceiling height and panoramic setting provide an exceptional foundation for a truly custom residence. Enjoy private island living with 24-hour security, heated pool, fitness center, walking and biking paths, marina and more—all minutes from Coconut Grove, Brickell and Downtown Miami.
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 1981
- Property Condition
- Resale
- Number of Stories
- 19
- Garage Spaces
- 2
- Parking
- Valet
- Living Sq Ft
- 1,642
- Total Sq Ft
- 1,642
Interior Features
- Appliances
- Dryer / Electric Range / Ice Maker / Washer
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Other / Tile
- Interior Features
- Bedroom On Main Level / Bathtub / Dual Sinks / Entrance Foyer / Elevator / Soaking Tub / Separate Shower
Exterior Features
- Construction
- Block
- Exterior Features
- Balcony / Outdoor Living Area / Tennis Courts
- Pool Features
- Association / Heated
- Patio & Porch
- Open / Balcony
- Waterfront
- Yes
- Waterfront Features
- Bayfront / No Fixed Bridges
- View
- Bay / Water
Community & HOA
- HOA Fee
- $2,477 / Monthly
- HOA Includes
- Cable Tv / Pest Control / Reserve Fund / Security / Trash / Water
- Association Amenities
- Beach Rights / Bike Storage / Car Wash Area / Fitness Center / Library / Management / Picnic Area / Pool / Parking / Spa Hot Tub / Storage / Tennis Courts / Trails / Trash / Boat Dock
- Security
- Security System / Secured Garage Parking / Lobby Secured / Security Guard
- Pets Allowed
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- No Rv / Other Restrictions
- MLS Area
- 2410
This home's HOA fee works out to $2,477 a month, 32% below the $3,618 median across 18 homes for sale in Grove Isle Condo. See Grove Isle Condo HOA fees
Schools
- Elementary School
- Key Biscayne K-8
- Middle School
- Ponce De Leon
- High School
- Coral Gables
About the Community
Grove Isle Condo is an age-restricted 55+ community in Miami, Miami-Dade County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $995,000 to $3,500,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Grove Isle Condo and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 20
- Under Contract
- 1
- Median List Price
- $2,775,000
- Median $/Sq Ft
- $1,101
- Avg Days on Market
- 62
Frequently Asked Questions
- How do I schedule a tour of 3 Grove Isle Drive CPH08, Miami, FL 33133?
- Use the Tour button on this listing to request a showing of 3 Grove Isle Drive CPH08, Miami, FL 33133. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 3 Grove Isle Drive CPH08, Miami, FL 33133 still available?
- 3 Grove Isle Drive CPH08, Miami, FL 33133 is currently listed as Active. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 3 Grove Isle Drive CPH08, Miami, FL 33133?
- With 20% down ($239,800) on the $1,199,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 3 Grove Isle Drive CPH08, Miami, FL 33133 is about $6,301/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 3 Grove Isle Drive CPH08, Miami, FL 33133?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 3 Grove Isle Drive CPH08, Miami, FL 33133. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 3 Grove Isle Drive CPH08, Miami, FL 33133 have an HOA fee?
- Yes: 3 Grove Isle Drive CPH08, Miami, FL 33133 carries an HOA fee of about $2,477 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 3 Grove Isle Drive CPH08, Miami, FL 33133?
- 3 Grove Isle Drive CPH08, Miami, FL 33133 is zoned for Key Biscayne K-8 (elementary), Ponce De Leon (middle), Coral Gables (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 3 Grove Isle Drive CPH08, Miami, FL 33133?
- Often, yes. The right offer on 3 Grove Isle Drive CPH08, Miami, FL 33133 depends on how it's priced against comparable condo sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Douglas Elliman
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated September 27, 2026.
$1,199,000
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Listed by Marilyn B Cromer, Douglas Elliman
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Recent Sales
Recently sold homes in Grove Isle Condo
These are the last 6 recorded closings in Grove Isle Condo, with the price each home actually sold for rather than what it was listed at. They closed at a median of $877 per square foot. The most recent closed on September 14, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$1,225,000
Sold · September 14, 2026
2 Grove Isle Drive B805
2 bed · 2 bath · 1,882 sqft · $651/sqft
$174,000 under the asking price
Sold$950,000
Sold · August 17, 2026
3 Grove Isle Drive C208
2 bed · 2 bath · 1,642 sqft · $579/sqft
$25,000 under the asking price
Sold$2,150,000
Sold · August 17, 2026
1 Grove Isle Drive APH04
2 bed · 2 bath · 1,882 sqft · $1,142/sqft
$150,000 under the asking price
Sold$3,100,000
Sold · August 4, 2026
1 Grove Isle Drive A1809
3 bed · 2.5 bath · 2,614 sqft · $1,186/sqft
$399,000 under the asking price
Sold$2,000,000
Sold · June 4, 2026
1 Grove Isle Drive A1110
3 bed · 2.5 bath · 2,424 sqft · $825/sqft
Sold$1,650,000
Sold · May 27, 2026
3 Grove Isle Drive C1807
2 bed · 2 bath · 1,882 sqft · $877/sqft
See every recorded sale in Grove Isle Condo or find out what your Grove Isle Condo home is worth.
