Two Grove Isle Condo Condos For Sale & Rent

Two Grove Isle Condo Overview

Two Grove Isle Condo is a waterfront Grove Isle building at 2 Grove Isle Dr in Grove Isle, Miami. Built in 1981, the 19-story building has 170 residences in a private island setting connected to Coconut Grove, marinas, parks, and bayfront views.

Two Grove Isle Condo For Sale

Residences at Two Grove Isle Condo for sale should be compared by bay exposure, floor height, balcony position, floor plan, interior condition, parking, and monthly fees. Buyers should pay close attention to island access, building condition, reserves, insurance considerations, and how Grove Isle pricing compares with mainland Coconut Grove buildings.

Two Grove Isle Condo Rentals and Rental Policy

Rental policy currently shows a long-term rental setup, a 6-month minimum rental term, and up to 2 rentals per year. Buyers should confirm association rules, lease approvals, fees, and current restrictions before relying on rental income.

Amenities and Building Details

Two Grove Isle Condo currently shows a pet-friendly policy. Buyers should review amenities, security, parking, reserves, insurance considerations, island services, and monthly ownership costs with the specific residence. The fitness center in building 1, the aerobics studio in building 3, two heated bayfront pools, Jacuzzis, saunas, and fully-equipped party rooms enhance the living experience. Membership to the exclusive Grove Isle Club further enriches the lifestyle, offering access to the Cliff Drysdale Tennis Center with its eight clay courts and high-caliber tennis program.

What to Compare Before Buying at Two Grove Isle Condo

Compare active condos for sale, active rentals, recent sales, bay exposure, unit condition, monthly fees, parking, rental rules, pet policy, island access, and Coconut Grove convenience. It is also useful to compare Two Grove Isle Miami with nearby buildings and area pages such as Coconut Grove.

Market Context

Two Grove Isle Miami has completed-year closed-sale history from 2017 through 2025 in the market statistics, with 217 recorded condo sales, or about 24 sales per year. That gives buyers a useful resale sample, but individual unit differences still need to be adjusted carefully. The busiest year in the series was 2021 with 44 sales, while the quietest was 2018 with 12. Recent completed-year sales volume is below the long-term average. The gap between the busiest and quietest years also shows why buyers should separate building demand from broader market-cycle timing.

The completed-year price-per-square-foot history for Two Grove Isle Miami ranges from about $337/sqft to $765/sqft, with an average near $523/sqft across the years shown. That wide valuation band means unit-specific factors can materially change the right price range. The last completed year in the series is higher than the first, moving from $388/sqft in 2017 to $765/sqft in 2025. The recent completed-year price-per-square-foot average is above the long-term average. Average closed price over the same completed-year period was about $1,125,440, but that number should be read by bedroom count, size, view, and renovation level.

Bedroom-level statistics also help explain value at Two Grove Isle Miami: 3 Beds and 2 Beds units have the broadest historical comparison set, while 4 Beds+ around $4,763,300 and 3 Beds around $1,721,503 represent the higher average closed-price tiers in the chart data. The segment is useful, but buyers should still check whether the underlying sales were similar in size, view, and condition. Buyers should compare units within the same bedroom count before deciding whether a listing is expensive or well positioned. Two Grove Isle Miami also has long-term rental positioning with a 6-month minimum lease and up to 2 rentals per year, which should be read together with the long-term sales data. That points to a more traditional ownership profile, so long-term tenant quality, association approvals, and carrying costs matter more than short-stay turnover.