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2889 Mcfarlane Rd # 1512, Miami FL 33133

Condo/Co-op For Sale
$675,000

BTC: 8.52272727

ETH: 275.62270314

1 days
1 bds
2 ba
679 sqft

Overview

Excellent investment and lifestyle opportunity at the Arya Hotel in the heart of Coconut Grove. This 15th-floor corner unit features a private corner balcony with great views and a desirable two-key configuration, allowing the unit to be split into two separate rental spaces for added flexibility and income potential. With no rental restrictions, the property offers excellent versatility for investors, vacation use, or personal enjoyment. Full-service hotel amenities include pool, fitness center, restaurant, squash courts, security, business center, and front desk. Prime Coconut Grove location within walking distance to cafés, restaurants, shops, nightlife, boating, and Regatta Park.

Location

Details

Type:
Residential
Parking:
1 Space / Additional Spaces Available / Covered
Year Built:
2001
Lot:
No Data
Heating:
Central
Price/sqft:
$994
Cooling:
Central Air
HOA:
$4,052

Valuation

Our model vs. what's actually selling nearby.
Estimate
$325,000
$215K – $579K
Confidence Low
List vs. estimate
$350K above estimate
List $675,000 · +107.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$994
+75.1% vs. city median $567
Based on
475 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $1.8M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$9,071
2025
HOA
$4,052/qtr
View
Garden View, Other View
Garage
1 car garage
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Microwave

    • Refrigerator

    Other interior features

    • Built-in Features

    • Fire Sprinklers

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 2

  • Parking

    • 1 Space

    • Additional Spaces Available

    • Covered

    Property

    • Exterior Features: East Of Us1 / Open Balcony

    Other Property Information

    • Parcel Number: 01-41-21-218-1290

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $4,052

    • HOA Frequency: Quarterly

    • Annual tax amount: $9,071

  • Source details

    • MLS ID: A12085530

    Other facts

    • Construction Materials: CBS Construction

    • Patio And Porch Features: Open Balcony

    • Architectural Style: Corner Unit / High Rise

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 679

    • Subdivision Name: MUTINY PARK CONDO

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

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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: Barnes International Realty, LLC