Grove Isle, Coconut Grove

GroveIsle

The real estate market in Grove Isle was extremely active last year with 22 total sales.  Sales prices ranged from $295,000 all the way up to $1,200,000.  The average condo which sold was a 2 bedroom/2 bath for $677,395.  The average “days on the market” for these condos was 180 days.  Grove Isle offers some spectacular views of Biscayne Bay along with many great amenities including a 50 room hotel, incredible recreational facilities, world class spa, great restaraunt and dock spaces available.  I know certain residents of Grove Isle who practically never leave the island! 

There are currently only 21 condos for sale in Grove Isle with an average asking price of $793,000.  There is only one unit that is currently in distress.  This is Unit A909 which is an approved short sale listed at $975,000.  It offers 2,614 square feet of living space with 3 bedrooms/2.5 baths.  To view photos and information for all condos for sale in Grove Isle, click here.

When listing or buying a home it is essential to have a local Realtor who knows the numbers, tracks the market and can value a home correctly.  If you are interested in buying or selling real estate in Coconut Grove and are looking for an experienced Realtor please do not hesitate to contact me at 305.342.1623 or send me a message here.