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3 Grove Isle Dr, Miami FL 33133

Penthouse For Sale
$1,199,000

BTC: 14.42145778

ETH: 452.45283019

2 days
Waterfront
2 bds
2 ba
1,642 sqft

Overview

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.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Valet
Year Built:
1981
Lot:
No Data
Heating:
Central
Price/sqft:
$730
Cooling:
Central Air
HOA:
$2,477

Valuation

Our model vs. what's actually selling nearby.
Estimate
$999,000
$611K – $1.6M
Confidence Low
List vs. estimate
$200K above estimate
List $1,199,000 · +20.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$730
-23.2% vs. city median $951
Based on
7 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $2.0M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$10,052
2025
HOA
$2,477/mo
View
Bay, Water View
Waterfront
No Fixed Bridges
Garage
2 car garage
All facts and features
  • Flooring

    • Other

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dryer

    • Electric Range

    • Ice Maker

    • Washer

    Other interior features

    • Elevator

    • Entrance Foyer

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • 2 Or More Spaces

    • Valet

    Property

    • Exterior Features: Open Balcony / Tennis Court(s)

    Other Property Information

    • Parcel Number: 01-41-14-015-4760

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $2,477

    • HOA Frequency: Monthly

    • Annual tax amount: $10,052

  • Source details

    • MLS ID: A12088644

    Other facts

    • Construction Materials: CBS Construction

    • Patio And Porch Features: Open Balcony

    • Window Features: Hurricane Shutters

    • Architectural Style: High Rise / Penthouse

    • Waterfront: Yes

    • Garage Spaces: 2

    • Garage: Yes

    • Living Area: 1642

    • Subdivision Name: GROVE ISLE 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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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: Douglas Elliman