1 Grove Isle Dr · Miami, FL 33133 · Coconut Grove

Part of Grove Isle · 3 buildings

One Grove Isle

18-story tower, completed 1979, 167 residences in Coconut Grove. 2 for rent on Nov 2, 2026.

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At a glance One Grove Isle (1 Grove Isle Dr, Coconut Grove) is an 18-story, 167-unit building completed in 1979. As of Nov 2, 2026, no unit is for sale and 2 are for rent; the median closed price was $1,010 per square foot over 5 sales in the last 12 months. FEMA flood zone VE. Source: Miami Assoc. of REALTORS® MLS via Bridge IDX, Miami-Dade Property Appraiser records and the FEMA flood map.

6 photos from my condo archive

For sale
0
For rent
2
Median $/SF
$1,0105 sales · 12 mo
Sold
5last 12 months
Part of
Grove Isle
Built
1979
Floors
18
Residences
167county
Flood zone
VEFEMA
Waterfront
Bay

MLS via Bridge IDX · as of Nov 2, 2026 · How these numbers are made

On the market at One Grove Isle.

The weekly MLS snapshot, newest asks first. Each unit opens its full listing: photos, taxes, history. Or check the live feed for today's inventory.

Snapshot as of Nov 2, 2026.

Listings matched to this building's recorded addresses. I don't have to be the listing agent to show you any unit or to negotiate for you. Search condos in 33133

The read on One Grove Isle.

Activity as of Nov 2, 2026
  • One of the 3 buildings of Grove Isle. Its own condominium, 167 residences at this address (Miami-Dade Property Appraiser). The complex page adds up the sales and listings of every building.
  • Resale +193%. The median closed price moved from $345/SF in 2020 (13 sales) to $1,010/SF in 2026 (5 sales), the first and last years with three or more recorded sales.
  • Gross rental yield 5.2%. A year of rent at the median $4.39/SF/mo (8 leases) against the median $1,010/SF sale (5 sales), both over 12 months, before HOA, taxes and vacancy.
  • Sells in a median 14 days. Days on market across the 5 sales closed in the last 12 months.

Where it ranks citywide, condo buildings in 17 Miami neighborhoods

  • #4 of 345 · biggest $/sf change since 2021+126.2% median $/SF since 2021 ($446 to $1,010) · n 20 · Calendar 2021 vs Oct 2025 to Sep 2026
  • #10 of 360 · fastest median days on market39 days median on market · n 10 · Oct 2024 to Sep 2026

See the full rankings · How rankings are made

Read the full record 3 paragraphs and 10 facts, every figure from the MLS and county record

One Grove Isle rises 18 floors at 1 Grove Isle Dr in Coconut Grove and was completed in 1979. County folio records count 167 residences. The developer was Martin Z. Margulies. The condo archive records it as waterfront (bay). Its MLS and county records file it, with two other buildings, under the legal name Grove Isle Condo.

Nothing was listed for sale on November 2, 2026. Five sales closed between November 2, 2025 and November 2, 2026, from $1.4M to $3.1M, a median $1,010/SF, after a median 14 days on the market. In the 12 months before that, four sales closed at a median $764/SF, so the median rose 32%. Across 62 recorded sales since 2019, the best year by median price per square foot was 2026, at $1,010 over 5 sales. That 12-month median ranks 11th of the 24 Coconut Grove buildings with at least three sales in the same window. Two-bedrooms made up five of the 9 sales in the last 24 months, at a median $1,525,000.

Two units were offered for rent at $8,900 to $19,000 a month. Eight leases were signed over the same 12 months, at a median $7,650 a month (range $6,800 to $14,000).

Sources: Miami Assoc. of REALTORS® MLS via Bridge IDX (activity as of November 2, 2026), Miami-Dade Property Appraiser records and my condo archive. Blanks mean the record doesn't state it; nothing here is estimated.

The record

Address
1 Grove Isle Dr, Miami 33133
Neighborhood
Coconut Grove
Developer
Martin Z. Margulies
Year built
1979
Floors
18
Residences (county-verified)
167
County condo folios
167
Waterfront
Yes / Bay
Recorded MLS listings
96
Recorded as
Grove Isle Condo

The numbers at One Grove Isle.

Every sale and lease the MLS has recorded at this address, sales first.

MLS via Bridge IDX · as of Nov 2, 2026

Median $/SF by year closed

Every recorded sale at this address, 2019 to 2026. Count in the tooltip.

$505$1,010$3132019$3452020$4462021$7632022$7972023$8242024$7642025$1,0102026$505$1,010$313'19'20$446'21'22$797'23'24'25$1,010'26

Pale bars: fewer than three sales that year, so the bar is the sale itself or the average of two, too few for a median.

Year by year, every recorded closing
YearSalesMedian $/SFLeasesMedian rent
2026 (to date)5$1,0107$7,650/mo
20254$76410$7,625/mo
20247$8246$8,200/mo
20237$7976$7,375/mo
202210$7633$8,300/mo
202115$4464$5,175/mo
202013$3458$4,000/mo
20191$313*1$6,700/mo*

* Fewer than three closings that year: the figure is the closing itself or the average of two, too few for a median.

Own here? See how the building moved since you bought.

Median closed $/SF in 2020: $345 (13 sales). In the last 12 months: $1,010 (5 sales). Change: +193%.

This is the building's movement, not your unit's value. Floor, view, line and condition move a unit's price more than the building does. Only years with three or more recorded sales are listed.

Get your unit's value →
Show all closings 62 sales · 45 leases on record since 2019

Closed sales Nov 2, 2024 to Nov 2, 2026 · 9

UnitBDBASFAskedClosed$/SFClose dateDOM
A180932.52,614$3,499,000$3,100,000$1,186Aug 4, 202646
A111032.52,424$2,000,000$2,000,000$825Jun 4, 202686
A303221,882$1,995,000$1,900,000$1,010May 1, 202614
A1106221,642$1,550,000$1,425,000$868Mar 12, 20269
A91032.52,424$2,995,000$2,995,000$1,236Jan 15, 20268
A504221,882$1,525,000$1,350,000$717Sep 15, 202544
A409332,614$1,800,000$1,700,000$650Sep 8, 2025131
A1207221,882$1,599,000$1,525,000$810Jul 18, 202534
APH0922.52,614$2,595,000$2,300,000$880Jan 30, 2025105

Leases signed Nov 2, 2025 to Nov 2, 2026 · 8

UnitBDBASFAsked/moLeased/mo$/SF/moLease dateDOM
A80932.52,614$15,700/mo$14,000/mo$5.36Oct 6, 2026145
506221,649$7,000/mo$6,800/mo$4.12Sep 25, 202652
A904221,882$9,000/mo$9,000/mo$4.78Apr 23, 202618
A405221,882$7,500/mo$6,800/mo$3.61Mar 27, 2026126
A908221,642$7,750/mo$7,650/mo$4.66Feb 20, 202644
A31032.52,424$9,000/mo$9,000/mo$3.71Jan 15, 2026245
A804221,882$7,350/mo$7,000/mo$3.72Jan 1, 202660
A1508221,642$7,800/mo$7,650/mo$4.66Nov 20, 202544

Data: Miami Assoc. of REALTORS® MLS via Bridge IDX, as of Nov 2, 2026. Listings matched to this building's recorded addresses; pending includes under-contract. Closed listings shown as records only, no photos. Blanks mean the record doesn't state it. How these numbers are made

The file on One Grove Isle.

The rules on record, the documents in my files, the two Florida checks every buyer should run, and the buildings around it. Each card opens.

FEMA flood zone

VE

Inside FEMA's Special Flood Hazard Area. A federally backed mortgage requires flood insurance here.

What the zone means
  • Coastal high-hazard area: the 1% annual chance flood, with waves.
  • Base flood elevation 16 ft (NGVD29).
  • The zone is a map line, not a premium. Ask the association for its master flood policy, and get a flood quote for the specific unit before you commit.

FEMA National Flood Hazard Layer, checked at the building's mapped location on Oct 12, 2026. Open the official map ↗

Milestone structural inspection

Turned 30 in 2009

The statute's first deadline for a building this age was December 31, 2024, then every 10 years.

What the deadline means
  • Based on year built 1979 (county record). The statute counts from the certificate of occupancy date, which can differ.
  • The association must give every owner the inspector's summary. Ask for it, and for the structural integrity reserve study, before you commit.

Fla. Stat. § 553.899(3) ↗ and Miami-Dade recertification ↗, read Oct 9, 2026. What the deadline means for buyers

Nearby

Around One Grove Isle

5 more nearby

Compare with the two nearest →Every Coconut Grove building →Distances are straight-line. Building data from Miami Assoc. of REALTORS® MLS records via Bridge IDX.

Own here, or looking here

Owners: tell me your unit and I'll prepare its value myself. Buyers and renters: I'll tell you when a unit here lists or sells. Either way it starts a conversation with me, not a mailing list.

Own here?

Get your unit's value

Tell me your unit and I'll prepare its value myself, from One Grove Isle's closed sales and what is listed now. Then we talk it through.

Phone or email. One is enough.

Thinking about

Goes to Enrique only. No mailing list.

Looking here?

Get alerts when a unit lists or sells

When a unit at One Grove Isle lists or sells, I'll let you know. I send these myself, not a robot.

Phone or email. One is enough.

Alerts for

Goes to Enrique only. No mailing list.

Enrique Ponte Ojeda on a balcony overlooking the water in Miami
I read the building before you buy or sell a unit in it.Closed history, the association's rules, what is really for sale and what it should trade at. Then we talk.
Enrique Ponte Ojeda
Licensed Florida Real Estate Agent · Carmona Realty Group

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