David Ramirez
$7,500,0006 bd4.5 ba5,012 sqft$1,496 /sqft$56,084 /mo all-in ↓

2 Grove Isle Dr # 802, Miami FL 33133, MIAMI, FL, 33133

Active76 days on marketListed May 25, 2026MLS #A12021534

WaterfrontCondominiumGROVE ISLE CONDO,Grove Isle

About this home

2 Grove Isle Dr # 802, Miami FL 33133

A rare opportunity to own a beautifully appointed double residence at Grove Isle. Nowhere in Miami will you find a piece of paradise like this. Combining the coveted 01/02 lines, this exceptional home offers 6 bedrooms, 4.5 bathrooms, over 5,000 SF of interior living space, and four spacious balconies with breathtaking 180-degree views of Biscayne Bay, Grove Isle Marina, lush tropical landscapes, and the Downtown Coconut Grove skyline. The residence features calming white and linen tones, a large chef’s kitchen with breakfast area, formal dining room for entertaining, multiple social spaces, exquisite custom cabinetry with abundant storage, a full-size laundry room, hurricane-impact windows and doors, and ample wall space for an art collection. Wake up to beautiful sunrises and unwind each evening with spectacular sunsets. Grove Isle is an exclusive 20-acre private island offering 24-hour security, concierge, valet and assigned parking, additional storage, two pools, two jacuzzis, playground, game room, party rooms with full kitchens, tiki huts with BBQs, gym, and yoga/exercise studio. Stroll or bike into Coconut Grove with its shops, restaurants, cafés, marinas, and Bayfront parks. Located close to Brickell, Downtown Miami, Coral Gables, and Miami International Airport. Residents will also enjoy access to Vita’s upcoming private club membership which offers amenities such as Vita's bayside pool, tennis, dining, and more. Grove Isle has completed its 40-year recertification.

Facts & features

The home at a glance

6

Bedrooms

4.5

Bathrooms

5,012

Sqft

2

Garage

1980

Year built

1

Levels

$1,496

Per sqft

WaterfrontBay & Ocean View & Direct Ocean view

Inside

FlooringMarble · Other
AppliancesDishwasher · Disposal · Dryer · Electric Water Heater · Microwave · Electric Range · Refrigerator · Wall Oven · Washer
InteriorBuilt-in Features · Closet Cabinetry · Cooking Island · Entrance Foyer · Pantry · Split Bedroom · Walk-In Closet(s) · Family Room · Storage · Utility Room/Laundry
LaundryUtility Room/Laundry
CoolingCentral Air
HeatingCentral

Outside & construction

ConstructionCBS Construction
ViewBay · Ocean View · Direct Ocean
FacesNortheast
ParkingAttached Carport · Assigned · Covered · Valet
ExteriorEast Of Us1 · Open Balcony · Tennis Court(s)

Community & fees

HOA fee$7,563/mo
Taxes (2025)$60,949/yr

Utilities & systems

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.

$56,084 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$40,470
PMI (est., until 20% equity)$2,813
Property tax — 2025 actual bill$5,079
Condo fee — from the listing$7,563
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $750,000Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $750,000
Interest rate6.00%
Loan term

Estimated payment

$56,084/mo

Principal & interest$40,470
PMI (est., until 20% equity)$2,813
Property taxes (actual bill)$5,079
HOA / condo fee$7,563
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

$/sqft vs Miami actives

$1,496 vs $513

Days on market

76 vs 66 typical

Where $1,496/sqft sits among the 400 Miami actives

158
105
54
29
19
35 · this home
$185–417$417–649$649–882$882–1114$1114–1346$1346+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Fair Isle

Map of 2 Grove Isle Dr # 802, Miami FL 33133 inside its neighborhood boundary

Get to know Miami. See the full Miami guide →

Fair Isle — neighborhood snapshot

Population

635

Median age

57

Median income

$210,278

Median home value

$1,415,800

Avg household

2

Households w/ children

56%

For the school run

Dade County School District

ElementaryCoconut Grove Elementary School★★★★★
HighCoral Gables Senior High School★★★★★
MiddlePonce De Leon Middle School★★★★★
District Instructional Center (Dic)
Instructional Center System Wide
Title I Migrant Education Program

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Miami market

Seller’s marketLeans buyer18.3 months of inventoryBuyer’s market

$508K$590K

Miami median sold, yr/yr

97.6%

Sale-to-list ratio (12 mo)

35 of 400

Miami actives have cut their price

Median sold price, Miami, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 995% above the MIAMI 33133 median. See the full Miami market guide →

Paper trail

This home's history

May 25, 2026Listed at $7,500,000 · 76 days on market since
1980Built · GROVE ISLE CONDO,Grove Isle

Reality check

What actually sold near 2 Grove Isle Dr # 802

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

3 Grove Isle Dr # C1802, Coconut Grove FL 33133Sold · Jun ’26

$2,020,000

3 Grove Isle Dr # C1802, Coconut Grove FL 33133 · same community

3 bd · 3 ba · 2,398 sqft · $842/sqft · 227 DOM

3 Grove Isle Dr # C1407, Miami FL 33133Sold · Mar ’26

$1,640,000

3 Grove Isle Dr # C1407, Miami FL 33133 · same community

2 bd · 2 ba · 1,882 sqft · $871/sqft · 7 DOM

3 Grove Isle Dr # C1407, Coconut Grove FL 33133Sold · Sep ’25

$1,500,000

3 Grove Isle Dr # C1407, Coconut Grove FL 33133 · same community

2 bd · 2 ba · 1,882 sqft · $797/sqft · 210 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 2 Grove Isle Dr # 802 — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 2 Grove Isle Dr # 802 — before you fall in love.

See it in person

Schedule a tour

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Straight answers

2 Grove Isle Dr # 802 FAQs

What would the monthly payment be for 2 Grove Isle Dr # 802, Miami FL 33133?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $56,084/mo — principal and interest, the actual property-tax bill, the $7,563/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

How much are the HOA fees at 2 Grove Isle Dr # 802, Miami FL 33133?+

The association fee works out to $7,563 per month. Ask us for the full association documents — they spell out exactly what the fee covers.

What are the property taxes on 2 Grove Isle Dr # 802, Miami FL 33133?+

The most recent tax bill on record (2025) was $60,949. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

How does the price compare to other homes in Miami?+

At $7,500,000, this home is listed about 1130% above the Miami median of $610,000. The market section on this page shows how the area is trending.

Which schools are assigned to 2 Grove Isle Dr # 802, Miami FL 33133?+

Coconut Grove Elementary School (elementary), Coral Gables Senior High School (high), Ponce De Leon Middle School (middle), District Instructional Center (Dic) (), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.

The brief

Four things that matter here

01Positioned at the premium end

$7,500,000 runs 995% above the MIAMI 33133 median — but at 5,012 sqft it's also nearly 4 times the size of the typical Miami listing.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03Know the monthly fee

The association fee is $7,563/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.

04Strong assigned schools

Coconut Grove Elementary School, Coral Gables Senior High School, Ponce De Leon Middle School, District Instructional Center (Dic), Instructional Center System Wide, Title I Migrant Education Program — Coconut Grove Elementary School rates 5 of 5. Always verify assignments with the district.

Listing courtesy of Coldwell Banker Realty · David Sporn. MLS #A12021534.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.

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