Read the full record 3 paragraphs and 10 facts, every figure from the MLS and county record
Two Grove Isle rises 18 floors at 2 Grove Isle Dr in Coconut Grove and was completed in 1980. The Miami-Dade Property Appraiser lists 168 residential units. It was developed by 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.
On November 2, 2026, 10 units were listed for sale, asking $1.1M to $6.9M (median ask $997/SF across 10 listings). Five sales closed between November 2, 2025 and November 2, 2026, from $950K to $1.4M, a median $651/SF, after a median 288 days on the market. In the 12 months before that, four sales closed at a median $816/SF, so the median fell 20%. The MLS holds 57 closed sales here going back to 2020; among years with three or more sales, 2025 set the high at a median $955/SF. That 12-month median ranks 19th of the 24 Coconut Grove buildings with at least three sales in the same window. Two-bedrooms made up seven of the 9 sales in the last 24 months, at a median $1,225,000.
Four units were offered for rent at $6,800 to $14,500 a month. 10 leases were signed over the same 12 months, at a median $9,450 a month (range $6,250 to $19,500). Leases outnumbered sales 2 to 1 over that year, so renters are a large share of who lives here.
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
- 2 Grove Isle Dr, Miami 33133
- Neighborhood
- Coconut Grove
- Developer
- Martin Z. Margulies
- Year built
- 1980
- Floors
- 18
- Residences (county-verified)
- 168
- County condo folios
- 168
- Waterfront
- Yes / Bay
- Recorded MLS listings
- 115
- Recorded as
- Grove Isle Condo
