Grove Isle

1 Grove Isle # 506, Miami FL 33133

2 beds · 2 baths · 1,649 ft²

For Sale · Active Listing

$7,500

Est. Payment $40/mo

MLS Sheet

Bedrooms

Bathrooms

1,649

Sq. Ft.

1979

Year Built

Stories

Days on Market

Description

The best rental values in all of Coconut Grove! A 2-bedroom, 2-bath residence with 1,642 square feet of light-filled space in the prestigious, gated Grove Isle. This residence showcases breathtaking, unobstructed views of Biscayne Bay, Coral Gables, and Coconut Grove skyline, creating a spectacular backdrop for unforgettable sunsets. An exceptional waterfront home that offers one of Miami's most coveted island communities. Grove Isle is renowned for its exclusive lifestyle, concierge services, fitness center, spa, waterfront walking paths, lush tropical landscaping, and resort-style pools. The marina is reserved exclusively for slip owners, while tennis and pickleball courts are available through membership. And just minutes from the renowned restaurants, boutiques, parks, and marinas of Coconut Grove, Brickell, Coral Gables, and Key Biscayne. Vacant and ready for immediate occupancy, this residence allows you to move in and begin enjoying the unparalleled Grove Isle lifestyle without delay. Offering an exceptional combination of spaciousness, breathtaking views, prime location, and value, this is the best-priced 2-bedroom, 2-bath rental in Grove Isle and one of the finest leasing opportunities in Coconut Grove. Don't miss your chance to live in paradise. Schedule your private showing today, experience these spectacular views in person, and discover why Grove Isle remains one of Miami's most desirable waterfront communities. This exceptional opportunity won't last!

Facts

MLS#: A12059800
Subdivision: Grove Isle
Property Type: Residential Lease
Property Sub Type: Condominium
Year Built: 1979
Lot Size: 0 sqft
Sq. Ft.: 1,649 ft²
Sq. Mt.: 153 m²
Price per sq. ft.: $5/ft²
Price per sq. mt.: $49/m²
Stories: 15
Garage: —
Pool: —
Days on Market: —
Listed: Jul 26, 2026
Last Updated: Jul 26, 2026
Price/Lot Sq.Ft.: —

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Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

July 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

7/26/2026

Listed for sale

$7,500

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

1 Grove Isle # 506, Miami FL 33133Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

Oxford Academy
UG · private · 0.9 mi
Cardinal Gibbons High School
9,10,11,12 · private · 1.0 mi
Christ Church School
PK,KG,1,2,3,4,5 · private · 1.1 mi
Shepherd Of The Coast
KG,1,2,3,4,5,6,7,8 · private · 1.3 mi
Oakland Park Elementary School
PK,KG,1,2,3,4,5 · public · 1.4 mi
Lighthouse Christian Academy
2,3,4,5,6,7,8,9,10,11,12 · private · 1.4 mi
St. Mark's Episcopal School
PK,KG,1,2,3,4,5,6,7,8 · private · 1.6 mi
Kids in Action
PK,TK,KG,1,2,3 · private · 1.6 mi
Floranada Elementary School
PK,KG,1,2,3,4,5 · public · 1.6 mi
Westminster Academy
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.7 mi

Affordability

What you'd typically need to qualify for this rental under the standard 30% rule.

$25,000

gross income / month to qualify

Monthly rent$7,500

Required annual income$300,000

Security deposit (est.)$7,500

Move-in cost (1st + last + security)$22,500

Based on the 30% rule (rent ≤ 30% of gross monthly income). Move-in estimate assumes first month + last month + one month security; landlord requirements vary.

Rangely Adames

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

Hablo Español

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Updated 2 hours ago