2977 Mcfarlane Rd · Miami, FL 33133 · Coconut Grove
5-story mid-rise, completed 1990, 11 residences in Coconut Grove. 1 for sale on Nov 2, 2026.
At a glance The Monarch Grove (2977 Mcfarlane Rd, Coconut Grove) is a 5-story, 11-unit building completed in 1990. As of Nov 2, 2026, 1 unit is for sale and none for rent; the median rent was $4,000 a month over 3 leases in the last 24 months. FEMA flood zone X. Source: Miami Assoc. of REALTORS® MLS via Bridge IDX, Miami-Dade Property Appraiser records and the FEMA flood map.
MLS via Bridge IDX · as of Nov 2, 2026 · How these numbers are made
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The Monarch Grove is a 5-story mid-rise at 2977 Mcfarlane Rd in Coconut Grove, built in 1990. County folio records count 11 residences plus six commercial units, averaging 1,410 SF of living area.
One unit was for sale on November 2, 2026, asking $975K (that is $661/SF). The MLS shows no closed sale here since July 2021.
Two leases were signed between November 2, 2025 and November 2, 2026, at $4,000 and $4,600 a month.
County records show 45% of residences as owner-occupied.
Sources: Miami Assoc. of REALTORS® MLS via Bridge IDX (activity as of November 2, 2026), Miami-Dade Property Appraiser records. Blanks mean the record doesn't state it; nothing here is estimated.
Every sale and lease the MLS has recorded at this address, sales first.
Every recorded sale at this address, 2021 to 2026. Count in the tooltip.
| Year | Sales | Median $/SF | Leases | Median rent |
|---|---|---|---|---|
| 2025 | – | – | 3 | $4,000/mo |
| 2024 | – | – | 3 | $4,000/mo |
| 2023 | – | – | 1 | $3,000/mo* |
| 2022 | – | – | 1 | $3,800/mo* |
| 2021 | 1 | $348* | – | – |
* Fewer than three closings that year: the figure is the closing itself or the average of two, too few for a median.
Median $/SF of the sales in the 12 months to Nov 2, 2026, with the count beside each bar.
Medians need three or more sales. How these numbers are made
No closed sale in the 24 months to Nov 2, 2026. The most recent on record closed Jul 7, 2021; 1 sales are on record since 2021.
| Unit | BD | BA | SF | Asked/mo | Leased/mo | $/SF/mo | Lease date | DOM |
|---|---|---|---|---|---|---|---|---|
| 9 | 2 | 1.5 | 1,475 | $4,000/mo | $4,000/mo | $2.71 | Dec 23, 2025 | 8 |
| PH2 | 2 | 2.5 | 1,299 | $4,500/mo | $4,600/mo | $3.54 | Nov 18, 2025 | 8 |
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 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
Outside FEMA's Special Flood Hazard Area. Flood insurance is optional, and still worth pricing.
FEMA National Flood Hazard Layer, checked at the building's mapped location on Oct 12, 2026. Open the official map ↗
Milestone structural inspection
The statute's first deadline for a building this age was December 31, 2024, then every 10 years.
Fla. Stat. § 553.899(3) ↗ and Miami-Dade recertification ↗, read Oct 9, 2026. What the deadline means for buyers
Nearby
Lofts at Mayfair180 m away · Built 2007 · 5 floors2 for sale · 3 for lease
Yacht Harbour180 m away · Built 1975 · 18 floors4 for sale · 1 for lease
Rice 3333220 m away · Built 2006 · 4 floorsNothing listed now
Grove Square220 m away · Built 1987 · 4 floors1 for sale · 0 for leaseSmaller buildings close by: Coconut Villas (350 m) · Matday (480 m) · Tigers Paw (490 m) · Townscape (490 m) · Gifford Lane Th (520 m) · Serendipity (540 m)
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.
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