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Grove Isle 2

3 Grove Isle Dr, Miami, FL, 33133
Market data compiled by Andres Jara, Licensed Real Estate Broker · Douglas Elliman · Data updated September 27, 2026
170
RESIDENCES
18
STORIES
1980
YEAR BUILT
$1.2M – $10M+
VALUE RANGE

Grove Isle Tower Two is one of three residential towers on Grove Isle, a private 20-acre island off Miami's Coconut Grove neighborhood connected to the mainland by a private bridge. Built in 1980 as part of a condominium, club, and hotel complex developed with the involvement of art collector and developer Martin Margulies, the three towers were constructed between 1979 and 1981.

Tower Two contains 169 units, with residences generally ranging from about 1,400 to 2,600 square feet, plus larger combined units. Residents have access to the island's resort-style facilities, which historically have included a marina, tennis center, pool, spa, and club amenities.

Available Residences at Grove Isle 2

6+ Bedroom Condos · 1 unit

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
802$6,900,0006 / 5 / 15,012$1,377124
Listing courtesy of David Sporn, Coldwell Banker Realty, 305-672-6300.

4 Bedroom Condos · 2 units

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
M301$10,000,0004 / 5 / 13,798$2,6331
Listing courtesy of Liz Hogan, Compass Florida, LLC, 305-851-2820.
C802$6,475,0004 / 52,614$2,4772
Listing courtesy of Mairym Casal, Brown Harris Stevens, 305-666-1800.

3 Bedroom Condos · showing 5 of 10

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
C605$3,600,0003 / 4 / 13,764$95634
Listing courtesy of Sumita Sengupta, Douglas Elliman, 305-695-6060.
B1602$3,500,0003 / 32,398$1,4601
Listing courtesy of Francis Pimentel de Matos, Compass Florida, LLC, 305-697-5402.
B1402$3,125,0003 / 22,398$1,30310
Listing courtesy of Maite Alvarez, Compass Florida, LLC, 305-697-2904.
C1402$3,100,0003 / 22,398$1,29354
Listing courtesy of Ashley Cusack, BHHS EWM Realty, 305-960-2400.
C502$2,995,0003 / 22,398$1,249102
Listing courtesy of Adriana Botero, EXP Realty LLC, 888-883-8509.

2 Bedroom Condos · showing 5 of 7

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
C803$1,700,0002 / 21,882$90361
Listing courtesy of Nancy Sanabria, Compass Florida, LLC, 305-697-2904.
B1804$1,699,0002 / 21,882$903213
Listing courtesy of Bethea Goldman, Compass Florida, LLC, 305-697-2904.
B1603$1,499,0002 / 21,882$796376
Listing courtesy of Francis Pimentel de Matos, Compass Florida, LLC, 305-697-5402.
B205$1,395,0002 / 21,882$74165
Listing courtesy of Bethea Goldman, Compass Florida, LLC, 305-697-2904.
C307$1,299,0002 / 21,882$690112
Listing courtesy of Evan Goldman, RE/MAX Advance Realty II, 305-251-2127.
Neighborhood
Coconut Grove

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ANALYTICS

All analytics are based on closed sales from the last 36 months.

CURRENT INVENTORY

19
Active Listings
▲ 38% vs last month
Avg List Price
$3.2M
Avg Days on Market
56

INVENTORY BY BEDROOM

  • 2 Bed (6) 32%
  • 3 Bed (10) 53%
  • 4 Bed (2) 11%
  • 5+ Bed (1) 5%
Building vs. Market
74% premium to Miami
Commands a 74% premium to the Miami average ($803 vs $461/sqft) — a sign of stronger relative demand.

INVENTORY TREND (ALL UNITS)

24155Oct '25Feb '26Jun '26
10
New Listings
last 3 months
$803
Avg Sale $/SqFt
last 36 months
13.4
Months of Supply
17
Sold
last 12 months

Market & Community Report

As of September 27, 2026, Grove Isle 2 carries 19 active listings at an average asking price of $3.2M, with an average time on market of 56 days. Closed sales over the preceding 36 months averaged $803 per sq ft, and 17 transactions closed in the past 12 months — implying 13.4 months of supply against the current pace of absorption.

Zip code 33133 (Miami) is home to 34,651 residents with a median age of 40.9. Per-capita income stands at $81,493; 64.2% hold a bachelor's degree or higher. 52.2% of units are owner-occupied; 24.7% of residents work from home.

Data current as of September 27, 2026. Market metrics derived from MLS closed sales; community data from U.S. Census ACS.

Frequently Asked Questions — Grove Isle 2

How many condos are for sale at Grove Isle 2?

As of September 27, 2026, 19 residences are actively listed for sale at Grove Isle 2. Current asking prices range from $1.2M to $10M. Inventory updates daily from the MLS.

How much do condos at Grove Isle 2 cost?

Condos at Grove Isle 2 are currently asking from $1.2M to $10M. Over the past 36 months, closed sales have averaged $803 per square foot. Final pricing varies by floor, line, square footage, finishes, and view.

What is the average price per square foot at Grove Isle 2?

Based on MLS closed sales over the preceding 36 months, the average sale price at Grove Isle 2 is $803 per square foot. Use this as a benchmark when comparing active listings in the building.

Where is Grove Isle 2 located?

Grove Isle 2 is located at 3 Grove Isle Dr, Miami, FL, 33133, in the Coconut Grove area.

What neighborhood is Grove Isle 2 in?

Grove Isle 2 is in Coconut Grove, Miami. You can compare every condo building, home inventory, and price trend across Coconut Grove on its neighborhood guide.

How many units are in Grove Isle 2?

Grove Isle 2 has 170 residences across 18 stories.

What year was Grove Isle 2 built?

Grove Isle 2 was completed in 1980.

What amenities does Grove Isle 2 offer?

Grove Isle 2 amenities include Swimming pool, Deepwater marina, Tennis center, Waterfront grounds on a private 20-acre island.

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