11 photos
3 Grove Isle Dr #CPH08
Miami, FL 33133
Listing courtesy of Douglas Elliman (Marilyn Cromer). Contact: [email protected].
A rare opportunity to completely reimagine a penthouse residence on exclusive Grove Isle, a private 20-acre island in Coconut Grove. Positioned on the sought-after ’08 line, this home features soaring 9-foot ceilings and breathtaking, unobstructed views of Biscayne Bay, the Atlantic Ocean, Miami skyline and marina. Ready for a complete renovation, the residence offers an extraordinary opportunity to create a one-of-a-kind home tailored entirely to your vision. The generous floor plan includes expansive living and entertaining spaces, two private terraces, and a spacious primary suite with walk-in closet and en-suite bath. Its penthouse elevation, ceiling height and panoramic setting provide an exceptional foundation for a truly custom residence. Enjoy private island living with 24-hour security, heated pool, fitness center, walking and biking paths, marina and more—all minutes from Coconut Grove, Brickell and Downtown Miami.
- Principal and interest
- $6,063
- Property tax
- $1,784
- Homeowners insurance
- $750
- HOA
- $2,477
An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.
Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.
Inside the Special Flood Hazard Area with wave action. Lenders require flood insurance on a financed home, and premiums here are the highest of any zone.
Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.
Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.