Grove 27

Northeast Coconut Grove, Miami

Welcome to Grove 27, a garden-style multifamily property within close proximity to the desirable neighborhood of Coconut Grove in Miami. The property was converted from a long-term rental to short-term rental property in 2019, offering its investors a unique opportunity to benefit from the upside in rental income.

Grove 27 features four, one-bedroom units, each attractively furnished and designed by MAGASI. The total square footage of the property spans 2,850 square feet with on-site parking, ensuring ample space for guests to relax and unwind during their stay.

Originally built in 1971 and renovated in 2013, Grove 27 renovations have transformed the property into a stylish haven, boasting contemporary fixtures and finishes, and catering to the needs of short-term rental guests. With its prime location to restaurants and shops and close proximity to the airport and Miami Beach, this property is constantly booked by travelers to Miami, delivering a rewarding and lucrative investment.

Type Residential

Type

Multifamily

Short-term Rental

Unit Count

Unit Count

4

Unit Mix

Unit Mix

1 BR / 1 BA

Square Footage

Square Footage

2,850

Year Built/Reno

Year Built/Reno

1971 / 2013

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