Grove Isle 2nd Quarter Market Analysis

200% increase in the number of units sold in this 3-building complex.

Six units sold this quarter compared with only two units during the first quarter 2014.

Total $ volume sold = $5,763,000. All six sales were cash transactions.

Highest price paid: Unit 1 Grove Isle 1 #PH10, 3 bedrooms, 2.5 bathrooms sold for $1,600,000.

Lowest price paid: 2 Grove Isle #B806, 2 bedrooms, 2 bathrooms sold for $622,500.

Inventory as of mid-July: 7 units

Asking Price Range: $749,000 to $1,369,000

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We Believe Coconut Grove is Extraordinary. Our purpose is to introduce Coconut Grove to the world as the ultimate neighborhood for people in search of beauty, tropical elegance, and a high quality of life. The pursuit of our client's happiness and satisfaction is at the heart of our team's culture. Call us to sell or buy a home in Coconut Grove.

If you are interested in the Grove Isle Condo, or any other condo in Coconut Grove, call Isabelle Andrews 305-546-5421, Alba Biondi 305-323-2595, or email us

Click here to read the entire Coconut Grove Journal of Real Estate.

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