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2889 Mcfarlane Rd #1512
Miami, FL 33133
Listing courtesy of Barnes International Realty, LLC (Sevann Bignon Berberian). Contact: [email protected].
Excellent investment and lifestyle opportunity at the Arya Hotel in the heart of Coconut Grove. This 15th-floor corner unit features a private corner balcony with great views and a desirable two-key configuration, allowing the unit to be split into two separate rental spaces for added flexibility and income potential. With no rental restrictions, the property offers excellent versatility for investors, vacation use, or personal enjoyment. Full-service hotel amenities include pool, fitness center, restaurant, squash courts, security, business center, and front desk. Prime Coconut Grove location within walking distance to cafés, restaurants, shops, nightlife, boating, and Regatta Park.
- Principal and interest
- $3,413
- Property tax
- $977
- Homeowners insurance
- $425
- HOA
- $1,351
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.
Outside the special flood hazard area. Flood insurance is optional.
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.