Flanigan's IndexLive now49 / 100
Nearest Flanigan's: Flanigan's Seafood Bar and Grill (Coconut Grove), 1.2 mi
#44 in Coconut Grove · #144 in Miami
A short ride. Acceptable.
For sale
20
1 pending · 13.3 mo supply
Median asking
$2.77M
from $950K
Median $/sqft
$1,101/sqft
$841/sqft sold, 12 mo
Days on market
46
142 to sell · 18 in 12 mo
Grove Isle is a waterfront condominium of 19 floors and 167 residences at 1 Grove Isle Dr in Coconut Grove, completed in 1981. FEMA maps the building in flood zone VE, a coastal high hazard area with a 1% yearly chance of flooding with storm waves, where lenders require flood insurance for federally backed or regulated mortgages. Miami-Dade places it in hurricane evacuation zone B.
For the 2021 cycle of the City of Miami 40-year recertification, the City's records show the building as not approved. That review is the City's periodic structural and electrical check of older buildings.
The building is in the limited financeability tier with an index of 44 of 100, meaning few recent purchases were financed by regulated lenders. The Miami-Dade Clerk recorded 20 resale deeds in the 12 months to October 22, 2026.
The Car-Free Index is 15, the nearest rail stop is Vizcaya Metrorail Station, 1750 m (about 1.1 miles) away in a straight line, and the nearest Publix is 2540 m (about 1.6 miles) away.
Part of the Grove Isle complex
Sister towers that share the same development, address and often amenities — compare availability across the complex.
Live near more of Miami
What surrounds Grove Isle: seasonal events, annual programs and lifestyle indexes, measured from the building.
Flanigan's IndexLive nowPublix IndexLive now
21 / 100
Nearest Publix: Publix at Publix Super Market, 1.6 mi
#52 in Coconut Grove · #734 in Miami
A short drive. Acceptable.
1 Publix stores nearby
Car-Free IndexLive now
15 / 100
Nearest rail station: Vizcaya Metrorail Station, 1.1 mi
#46 in Coconut Grove · #241 in Miami
Rail is an option, not yet a lifestyle.
1 rail stations nearby
Distances are straight-line, not walking or driving.
Getting around
Coconut Grove is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:
CocoWalkPeacock ParkKennedy ParkThe BarnacleMetrorail (Coconut Grove)Biscayne Bay
42
/ 100
C+
own.miami Score
A data-grounded score for Grove Isle from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.
Value17
$1,101/sqft — vs. Coconut Grove condos, then all of Miami
Momentum51
+0.2% $/sqft over 6 months
Liquidity52
13.3 months of supply · 46 days on market
Health39
2 verified records: Special assessment — noted on 1 listings · Recertification not approved (2021 cycle)
Waterfront90
Waterfront building
Age18
Built 1981 — vs. Coconut Grove buildings
own.miami Condo Index
144Above market100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#153 of 698 tracked Miami condos
Top 22% by price per sq ft
#24 of 45 in Coconut Grove
Momentum
→ Steady
$1,101/sqft median ask
Liquidity
Warm
The stacks
11 lines · modeled from 80 salesCondos repeat vertically — each “line” is a stack of near-identical units up the tower. We reconstruct Grove Isle’s lines from its sale history: the floorplan, the view, and how $/sqft climbs with the floor. The best value is the -05 line.
| Line | Layout | Size | View | $/sqft | Per floor | Low→high floor | Sales |
|---|---|---|---|---|---|---|---|
| -01 | 3 bd · 2.5 ba | 2,614 sqft | BayWaterfront | $1,012/sqft | +$2 | $1,196/sqft → $1,214/sqft | 6 |
| -02 | 3 bd · 2 ba | 2,398 sqft | BayWaterfront | $959/sqft | +$12 | $903/sqft → $1,091/sqft | 8 |
| -03 | 2 bd · 2 ba | 1,882 sqft | BayWaterfront | $744/sqft | +$2 | $759/sqft → $783/sqft | 4 |
| -04 | 2 bd · 2 ba | 1,882 sqft | BayWaterfront | $794/sqft | +$12 | $663/sqft → $826/sqft | 6 |
| -05Best value | 2 bd · 2 ba | 1,882 sqft | BayWaterfront | $531/sqft | $-9 | $634/sqft → $578/sqft | 8 |
| -06 | 2 bd · 2 ba | 1,642 sqft | BayWaterfront | $738/sqft | +$0 | $731/sqft → $732/sqft | 7 |
| -07 | 2 bd · 2 ba | 1,882 sqft | BayWaterfront | $797/sqft | +$19 | $589/sqft → $874/sqft | 12 |
| -08 | 2 bd · 2 ba | 1,642 sqft | BayWaterfront | $609/sqft | +$12 | $581/sqft → $758/sqft | 9 |
| -09 | 3 bd · 2.5 ba | 2,614 sqft | BayWaterfront | $813/sqft | +$26 | $686/sqft → $1,053/sqft | 10 |
| -10 | 3 bd · 2.5 ba | 2,424 sqft | BayWaterfront | $908/sqft | $-20 | $1,070/sqft → $797/sqft | 7 |
| Penthouses | 2 bd · 2 ba | 1,882 sqft | BayWaterfront | $805/sqft | — | — | 3 |
Modeled from Grove Isle’s past listings and sales — a guide to the building’s layouts and floor premiums, not an official floor plan. “Per floor” is the average $/sqft change per floor up the stack.
What’s a unit here worth?
Pick a line and a floor — we estimate the value from Grove Isle’s own sales history.
Estimated value
$930,000
$725,000–$1,135,000 · $494/sqft
High confidence · 8 sales
Estimate only — not an appraisal. It reflects the line and floor, not a specific unit’s condition, renovations or view obstructions.
Want the inside track on Grove Isle?
Get new listings here before the portals, and a straight answer from someone who knows the building.
Inventory
$1,450,000$883/sqft
2 bd · 2 ba · 1,642 sqft
2 Grove Isle Dr #B1008
Listing courtesy of The Keyes Company, Carmen Siman (Lic. #0476805) · MLS #A12109966
$3,995,000$1,528/sqft
3 bd · 2.5 ba · 2,614 sqft
3 Grove Isle Dr #C1701
Listing courtesy of Compass Florida, LLC, Liz Hogan (Lic. #3045004) · MLS #A12101540
$1,149,000$700/sqft
2 bd · 2 ba · 1,642 sqft
2 Grove Isle Dr #B606
Listing courtesy of Realty One Group Evolution, Sandra Poli (Lic. #3437425) · MLS #A12098515
$5,985,000$2,290/sqft
4 bd · 5 ba · 2,614 sqft
3 Grove Isle Dr #C801-C802
Listing courtesy of Brown Harris Stevens, Mairym Casal (Lic. #3255601) · MLS #A12091920
$2,327,000$890/sqft
3 bd · 2.5 ba · 2,614 sqft
2 Grove Isle Dr #B609
Listing courtesy of Insignia International Properties, Darin Feldman (Lic. #0702529) · MLS #A12091357
$3,125,000$1,303/sqft
3 bd · 2 ba · 2,398 sqft
2 Grove Isle Dr #B1402
40/50-yr recertificationMotivated seller
Listing courtesy of Compass Florida, LLC, Maite Alvarez (Lic. #0535220) · MLS #A12087369
$2,850,000$1,090/sqft
3 bd · 2.5 ba · 2,614 sqft
2 Grove Isle Dr #B1709
Listing courtesy of Coldwell Banker Realty, Judith Zeder (Lic. #0650944) · 305-613-5550 · MLS #A12082539
$3,500,000$1,460/sqft
3 bd · 3 ba · 2,398 sqft
2 Grove Isle Dr #B1602
Listing courtesy of Compass Florida, LLC, Francis Pimentel de Matos (Lic. #3307129) · MLS #A12058462
$3,250,000$1,243/sqft
3 bd · 2.5 ba · 2,614 sqft
2 Grove Isle Dr #B1109
Listing courtesy of Compass Florida, LLC., Maria Parra Loughlin (Lic. #3292810) · MLS #A12062381
$3,100,000$1,293/sqft
3 bd · 2 ba · 2,398 sqft
3 Grove Isle Dr #C1402
Listing courtesy of BHHS EWM Realty, Ashley Cusack (Lic. #0578555) · MLS #A12064634
$1,275,000$677/sqft
2 bd · 2 ba · 1,882 sqft
2 Grove Isle Dr #B205
Listing courtesy of Compass Florida, LLC, Bethea Goldman (Lic. #3415909) · MLS #A12038961
$1,700,000$903/sqft
2 bd · 2 ba · 1,882 sqft
3 Grove Isle Dr #C803
Listing courtesy of Compass Florida, LLC, Nancy Sanabria (Lic. #0500376) · MLS #A12025157
Sold $/sqft trend
3-month rolling median of closed sales in Grove Isle; bars are closings per month.
Location
Nearby buildings within half a mile.
Building facts
- Address
- 1 Grove Isle Dr
- Year built
- 1981
- Floors
- 19
- Residences
- 167
- Developer
- Sun Bank Of Miami % Law Offices Marvin M. Green
- Waterfront
- Yes
Amenities
- · Pool
- · Spa
- · Fitness/gym
- · Valet
- · Concierge
- · 24-hour security
- · Party/social room
- · Tennis
- · Marina
- · Playground
- · Game room
- · Tiki huts
- · Yoga/exercise studio
- · Beach
- · Dog park
- · Walking path
Building rules
- Parking
- The building offers valet and assigned parking.
Special assessments & recertification outlook
ElevatedPublic records checked Oct 30, 2026 (Miami-Dade Clerk, civil docket, Florida DBPR).
Verified records
- ElevatedSpecial assessment — noted on 1 listingsSep 15, 2026
Source: MLS listing remarks
- ElevatedRecertification not approved (2021 cycle)May 5, 2022
The 2021 40-year recertification plan is inactive in City of Miami records; the building has not been recertified for this cycle.
- City of Miami records: the 2021 recertification is not yet approved
- Verified: a special assessment is in force
- Listings note no special assessment currently
- Built 1981 — a recurring structural milestone inspection is due around 2026
Estimated from Grove Isle’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.
Financeability
What the banks say about Grove Isle: recorded purchase mortgages, the down payments they accepted, and the programmes in use.
- Mortgages recorded, 12 months
- 7
- 6 from banks and credit unions · purchases and refinances
- Sales bank-financed
- 10%
- 21 recorded sales, 12 months · Resales only
- Average down payment
- 27.4%
- Lowest down payment accepted
- 18.8%
Loan programmes, 24 months:Conventional 5Private lenders 1Other 1
High confidence · As of 2026-10-31
Source: Miami-Dade County official records and the FHA/VA approval lists. Aggregates only; individual instruments are never shown. Compare with Coconut Grove
Flooding and storm surge
Public flood data at this building’s location, read Oct 22, 2026.
- FEMA flood zone
- Zone VE: coastal high-hazard area. FEMA maps a 1% yearly chance of flooding with storm waves here.
- Base flood elevation on the map: 16.0 ft.
- Hurricane evacuation zone
- Zone B
- Miami-Dade storm surge planning zones run from A (called first) to E. The county decides which zones evacuate in a storm.
- Ground at the building
- 6.1 ft
- Lowest nearby street
- -
- Highest predicted tide, 2026
- 1.0 ft
Elevations in feet above the NAVD88 datum.
No street within 120 m of this building could be measured.
Estimated from public data, not a flood determination. Check the FEMA flood map and an elevation certificate for this building.
Legal & Regulatory
No material litigation foundCivil court cases involving the condominium association, classified by what they are about. Routine collections against individual owners are counted separately and do not affect the building’s standing.
- Active material lawsuits
- 0
- Owner / association disputes
- 0
- Routine collection cases
- 1
- DBPR complaints
- 0
- Open DBPR complaints
- 0
- Contractor / vendor disputeClosedassociation as defendant · Filed Dec 2021
A security company filed a lawsuit against the association for breach of contract and indebtedness. The case was voluntarily dismissed by the plaintiff in January 2022.
Source: Miami-Dade Clerk civil docket, summarized by own.miami
DBPR registration PR1P010003 · Approved,Delinquent. Public complaints on record with the Florida Division of Condominiums; investigations are confidential and not counted.
Court records are matched to the association by name and summarized by us; a case is a claim, not a finding. Ask the association for its litigation disclosure before buying.
Frequently asked
How much do condos at Grove Isle cost?+
There are 20 condos for sale at Grove Isle, from $950,000, with a median asking price of $2,775,000 ($1,101/sqft).
How much are the HOA fees at Grove Isle?+
HOA / maintenance fees at Grove Isle run around $3,618 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.
Is Grove Isle a waterfront building?+
Yes — Grove Isle is a waterfront building (Coconut Grove).
When was Grove Isle built?+
Grove Isle was built in 1981, 19 stories, 167 residences.
Who developed Grove Isle?+
Grove Isle was developed by Sun Bank Of Miami % Law Offices Marvin M. Green.
Stay ahead
Interested in Grove Isle?
We track every listing here, every day. Get the next one before it hits the portals — and a straight answer from someone who knows the building.
If you like Grove Isle, compare
Embed this building
Add a live Own Miami card to your site or blog — it updates automatically. See all widget options →
<iframe src="https://own.miami/embed/building/grove-isle" width="440" height="230" style="border:0;max-width:100%" loading="lazy" title="Own Miami building card"></iframe>