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For saleVirtual tour

$3,499,000

4 beds3,764 sq ft

3 Grove Isle Dr #C1603Coconut Grove, FL 33133

Homes, condos and townhomes · MLS 11410904 · Listed 652 days ago (Jan 16, 2025)

Ocean or gulf · Bay, harbor, inlet or sound · Shared waterfront site · Waterfront details

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For sale: Listed and available according to the MyStateMLS feed.

About this property

This exceptional 3764 sq. ft. residence commands unrivaled views spanning from Key Biscayne across Biscayne Bay to the Miami skyline. Designed with both elegance and versatility in mind, the expansive interior features four bedrooms, a family room, formal dining and a private office - seamlessly adapting to your lifestyle whether it's working from home, relaxing or hosting with sophistication. Grove Isle is a guard-gated private island in the heart of Coconut Grove, minutes from CocoWalk Brickell and Downtown and soon to welcome a state-of-the-art tennis center and restaurant.

Description provided by the listing brokerage.

MLS-reported waterfront

Waterfront details

The home is part of a condominium, cooperative or community whose shared site is reported as waterfront. Shoreline and docks are typically common or community property, not owned by the individual unit.

Relationship to the water
Shared waterfront site
Water body
Not provided. Ask the listing agent.
Frontage length
Not provided. Ask the listing agent.
Water access arrangement
Not provided. Ask the listing agent.
Docks, slips, lifts, moorings
Dock reported
Dock depth
Not provided. Ask the listing agent.
Shoreline
Not provided. Ask the listing agent.
Seasonal or tidal conditions
Not provided. Ask the listing agent.
Boating limits (bridges, depth, open-water access)
Not provided. Ask the listing agent.

The listing reports a dock. It does not say whether the dock is private, shared or transferable, or what boats it fits.

Why this is listed as waterfront
  • WaterfrontYN “Yes”: The listing is marked waterfront.
  • WaterfrontFeatures “Ocean Front, Boat Dock, Bay”: Includes a "… Front" value describing frontage.
  • PropertyTypeDetail “condo”: A unit on a shared (condominium-style) site.

Classified from fields in the MyStateMLS listing data. It has not been independently verified, and it is not a survey, title examination or legal determination of shoreline or access rights. Rules version 2026-10-29.1. How we classify waterfront

Something wrong with this classification? Report a waterfront classification issue. Questions about frontage, docks or access are best answered by Compass Florida, LLC.

Facts

List price
$3,499,000
Status
For sale
Property type
Condo
Bedrooms
4
Full baths
3
Half baths
1
Interior area
3,764 sq ft
Year built
1981
County
Miami-Dade County
MLS number
11410904
Annual property tax (2024)
$33,648

Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them.

Features

Interior

  • Walk-In Closet(s)

Exterior

  • Dock

Appliances

  • Microwave
  • Refrigerator
  • Dishwasher

Flooring

  • Tile
  • Hardwood

Heating

  • Electric

Virtual tours

Open virtual tour on www.propertypanorama.com

Location

The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or shoreline, and no flood, wetland or hazard conclusion should be drawn from it. See more listings in Coconut Grove.

Price and status history

    Changes observed by Waterfront Homes in MyStateMLS data since Oct 29, 2026. This is not a public-record sales history; MyStateMLS does not publish sold prices.

    Estimate a monthly payment

    $699,800
    Illustrative. Replace with a quote from your lender.
    From the listing (tax year 2024). Taxes can change after a sale.
    Get a quote; rates vary widely by location.
    Manufactured homes on a leased lot.
    Applied only while the loan is over 80% of the price. Illustrative.

    Estimated monthly payment

    $21,518 per month

    Principal and interest$17,693
    Property tax$2,804
    Homeowners insurance$1,021
    Loan amount$2,799,200
    Total interest over the term$3,570,225

    An estimate for comparison only, not a loan offer or approval. Actual rates, taxes, insurance, PMI and fees depend on your lender, credit, location and loan program.

    Similar waterfront listings nearby

    Waterfront listings of the same property type and water type in Coconut Grove, priced within 25% of this listing ($2,624,250 to $4,373,750), newest first. Each one passes the same waterfront rules. See all matches

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    Ocean or gulf · Bay, harbor, inlet or soundWaterfront, relationship not specified

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    Questions to ask before you buy

    Questions worth investigating for any waterfront property. They are not claims that this property has a problem or meets any condition.

    1. Who owns the shoreline and the land under the water, and are there easements or public-access rights along it?Ownership can stop at a high-water line, a survey line or a seawall. A title search and survey answer this, not the listing.
    2. Is a dock, slip, lift or mooring included, and do the rights transfer to you?Docks can be shared, leased, assigned by an association or held under a permit that does not automatically transfer.
    3. What permits exist for the dock, seawall or other shoreline structures, and what would new work require?Shoreline work is often regulated by local, state and federal agencies.
    4. How much does the water level change by season, by tide or by reservoir management?Depth at a dock in one season can differ a lot in another.
    5. What does flood insurance cost for this property, and what does the current flood map show?Get a quote from an insurer or agent. A flood zone is not a premium, and no zone does not mean no risk.
    6. What maintenance does the shoreline need (seawall, bulkhead, riprap, erosion), and what has been done recently?Shoreline structures are expensive to repair; ask for records and inspection reports.
    7. How are water, sewer or septic, and power provided?Waterfront septic systems and wells can have extra rules and inspections.
    8. How do you reach the property by road year-round, and who maintains that road?Some waterfront roads are private, seasonal or shared.
    9. What local rules apply: rentals, docks, boat lifts, fences, tree removal, setbacks?Rules come from the town, county, state, lake authority or association and vary widely.

    Printable due-diligence checklist · Ownership budget planner · FEMA Flood Map Service Center (official flood maps; look up the address yourself)

    Guides and next steps

    Listing courtesy of Compass Florida, LLC. Listings provided by MyStateMLS.

    Listing last updated by the brokerage Aug 23, 2025, 11:50 AM UTC. Waterfront Homes last received MyStateMLS data Oct 30, 2026, 4:31 PM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing agent.