Grovenor House Homes for Sale

Grovenor House Condo is a luxury waterfront, luxury community in Miami, Miami-Dade County, Florida. Properties are priced from $2,400,000 to $20,900,000. Pure Equity lists homes in Grovenor House and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Pure Equity Realty covers Grovenor House and the Miami area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 4 Grovenor House Miami homes for sale as of October 2026. The median asking price is $5.01M. Asking prices run from $2.3M to $20.9M.

That is 677% above the Miami median of $645,000. On a per-foot basis, homes here ask about $1,581 per square foot, compared with $509 across Miami. So the median price buys roughly 3,150 square feet of living area.

Listings here have averaged 267 days on the market. That is slower than the Miami average of 144 days. Because of that, buyers often have more room to negotiate on price, repairs or closing costs.

Homes listed in Grovenor House date from 2005 to 2006. That puts them between 20 and 21 years old.

Every one of these homes went up after Florida adopted its statewide building code in 2002. In practice, that usually means impact-rated openings and stronger roof attachment. A wind mitigation inspection documents those features, and Florida insurers must offer premium discounts for them.

Grovenor House includes waterfront homes. Waterfront lots in South Florida often sit in FEMA special flood hazard areas, where lenders require flood insurance. Before you commit, look up the address on the FEMA Flood Map Service Center and ask the seller for an elevation certificate.

Grovenor House is a condo building. Also request the association budget, recent minutes and any special assessments before you sign.

At a median near $5.01M, Grovenor House sits in the luxury tier of Miami. Jumbo financing and proof of funds usually come up early in these negotiations.

Rentals in Grovenor House have a median asking rent of $15,800 per month, across 3 active rental listings. For comparison, the Miami median is $3,000, so rents here run 427% higher.

For investors, those medians imply a gross yield near 3.8% a year. However, that figure comes before HOA dues, property tax, insurance and vacancy. Also check the association documents first, because many Florida HOAs cap leases or set minimum terms.

You can browse current Miami rentals or ask us for a rent estimate on a specific Grovenor House home.

Here is what the median Grovenor House price means in Florida closing terms. At $5.01M, a 20% down payment comes to about $1.0M, leaving a loan near $4.01M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $14,035. Next, the intangible tax of 0.2% adds about $8,020. Buyers normally pay both at closing.

On the seller side, Miami-Dade charges deed stamps of 60 cents per $100 on a single-family home, about $30,075 at this price. Condos and other property types pay a higher rate.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.

Recent Grovenor House listings show assignments to Coconut Grove (elementary), Ponce De Leon (middle) and Coral Gables (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.