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2889 Mcfarlane Rd # 1014, Miami FL 33133

Condo/Co-op For Sale
$743,000

BTC: 8.78043016

ETH: 280.37735849

-$7K (2026/09/19)
64 days
1 bds
1 ba
693 sqft

Overview

Professionally designed and fully renovated, this bayfront one-bedroom, one-and-a-half-bath residence at Arya Hotel & Suites combines luxury, flexibility, and an unbeatable Coconut Grove location. Wide open Biscayne Bay views from a private balcony set the stage for Miami's spectacular sunrises, while high-end finishes throughout deliver a move-in-ready home designed for effortless living. Steps from the Grove's renowned restaurants, cafés, boutiques, marinas, parks, and vibrant village life, yet with quick access to Brickell, Downtown, Key Biscayne, and MIA. The building is currently undergoing significant upgrades, further enhancing its appeal and long-term value. A rare advantage: absolutely no rental restrictions—live in it, rent it short- or long-term, or maximize income potential. An outstanding opportunity as a primary home, vacation retreat, or investment in one of Miami's most desirable waterfront neighborhoods.

Location

Details

Type:
Residential
Parking:
1 Space / Parking-Under Building
Year Built:
2001
Lot:
No Data
Heating:
Heat Pump/Reverse Cycle
Price/sqft:
$1,072
Cooling:
Central Air
HOA:
$4,170

Valuation

Our model vs. what's actually selling nearby.
Estimate
$337,000
$219K – $557K
Confidence Low
List vs. estimate
$406K above estimate
List $743,000 · +120.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,072
+88.3% vs. city median $569
Based on
592 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $1.7M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$8,925
2025
HOA
$4,170/qtr
View
Bay
Garage
1 car garage
All facts and features
  • Flooring

    • Tile

    • Wood

    Heating

    • Heat Pump/Reverse Cycle

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Electric Range

    • Ice Maker

    • Microwave

    • Refrigerator

    Other interior features

    • Lobby

    • Fire Sprinklers

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Bathrooms: 1

    • Full bathrooms: 1

  • Parking

    • 1 Space

    • Parking-Under Building

    Property

    • Exterior Features: East Of Us1 / Open Balcony

    Other Property Information

    • Parcel Number: 01-41-21-218-1490

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $4,170

    • HOA Frequency: Quarterly

    • Annual tax amount: $8,925

  • Source details

    • MLS ID: A12064903

    Other facts

    • Construction Materials: CBS Construction

    • Patio And Porch Features: Open Balcony

    • Architectural Style: High Rise

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 693

    • Subdivision Name: MUTINY PARK CONDO

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Miami Property Shop