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Buildings/Miami/GROVE ISLE CONDO

Luxury

GROVE ISLE CONDO

1 GROVE ISLE DR, Miami 33133

★ 5.0

1979

Year Built

168

Units

CI Score

Moderate

For Sale

$2.3M

Avg Price

$882

Sale $/SF

For Rent

$7,000

Avg Rent

$5.27

Rent $/SF

-0.1%

YoY

For Sale

For Rent

Investor-Owned

50%

Avg HOA

$4,608.5/mo

Building Details

Address

1 GROVE ISLE DR, Miami, 33133

Neighborhood

Miami

Year Built

1979

Total Units

168

Avg Unit Sqft

2,121 SF

Tier

Luxury

Avg $/SF

$881.59

Avg Rent

$7,000/mo

Rent $/SF

$5.27/SF

HOA Range

$2,477 – $6,740

Google Rating

5.0 (4 reviews)

Neighborhood Rank

Top 7%

Avg Unit Value

$1.3M

Total Sales (All-Time)

744

Investment Analysis

Yield Metrics

Rental Yield (annualized)5.6%

YoY Appreciation-0.1%

Total Yield96.0%

Median Rent$7,000/mo

Liquidity & Demand

Closed Sales (120d)4

Days on Market88 days

Months of Inventory4.0

Sale-to-List Ratio0.9%

Price Reduction Rate75%

Investor-Owned50%

For Sale5

For Rent5

Top 7%

Neighborhood percentile

Market Data

Sale Price Trend ($/SF)

$725

-10.5%

Rental Price Trend ($/SF)

$3.72

+1.9%

Building Activity

Days on Market

Sales & Listings

Active Listings

For Sale (5)

$1.6M

Unit A1106

2 bd2 ba1,642 sf

$2.0M

Unit A303

2 bd2 ba1,882 sf

$1060/SF14 DOM

$2.3M

Unit APH04

2 bd2 ba1,882 sf

$2.4M

Unit A1110

3 bd3 ba2,424 sf

$990/SF36 DOM

$9.0M

Unit S201

3 bd4 ba3,876 sf

$2319/SF41 DOM

For Rent (5)

$8K

Unit B907

2 bd2 ba1,882 sf

$4/SF17 DOM

$9K

Unit A904

2 bd2 ba1,882 sf

$5/SF18 DOM

$14K

2,398 sf

$14K

Unit A1102

3 bd2 ba2,398 sf

$6/SF61 DOM

$16K

Unit C502

3 bd2 ba2,398 sf

$6/SF44 DOM

Recent Sales

Date	Price	$/SF	Bed/Bath	SF
Mar 6, 2026	$951K	$578.94	2/2	1,642
Mar 2, 2026	$1.6M	$871.41	2/2	1,882
Jan 30, 2026	$1.4M	$840.44	2/2	1,642
Jan 15, 2026	$3.0M	$1,235.56	3/3	2,424
Sep 15, 2025	$1.4M

Units & Ownership

Total Units

168

Avg Sqft

2,121 SF

Avg Assessed

$896K

Owner-Occupied

50%

Tax & Ownership

Investor-Owned

50%

Owner-Occupied

50%

Avg Assessed Value

$896K

Avg Taxable Value

$865K

Effective Year Built

1979

Zoning

4600

Unit Mix

2 BR101

Avg 1,796 SF

3 BR64

Avg 2,550 SF

5 BR2

Avg 4,754 SF

Unknown1

Unit Directory

Showing 10 of 168 units

Unit	Beds	Baths	SF	Assessed	Owner	Last Sale	$/SF	Sale Date
—	—	—	—	—	—	—	—	—
510	3	2	2,424	$1.4M	—	$420K	$173	Jun 1997
A201	3	2	2,614	$1.3M	—	$1.6M	$612	Dec 2021
A202	3	2	2,398	$1.3M	—	$800K	$334	Jul 2015
A203	2	2	1,882	$236K	✓	$770K	$409	Jun 2019
A204	2	2	1,882	$695K	✓	$700K	$372	Jun 2021
A205	2	2	1,882	$459K	✓	$188K	$100	Jul 2020
A206	2	2	1,642	$911K	—	$635K	$386	Mar 2016
A207	2	2	1,404	$493K	—	$400K	$285	Sep 2020
A208	2	2	1,642	$534K	✓	$358K	$218	Jun 2020