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Grove Central Residences apartments in Miami Beach, FL

Updated

Grove Central Residences

2800 SW 27th Terrace, Miami, FL 33133, USA

4.7 (290 reviews) Official Website

Live pricing, refreshed

31
Units Listed
$2,064
Starting at
$3,778
Average
$8,840
Highest
$4.55
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Coconut Grove rent trends

Rent Distribution

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (12)

Largest 8 movers of 12

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: observed data only.

Observed Lease Revenue

$50K/mo

from 15 tracked leases; not enough coverage yet for a whole-building estimate

Effective Rent on New Leases

$3,331

vs $3,679 current asking ($348 negotiation gap)

Recent Lease Activity

47 units tracked; 15 assumed leased, 32 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

31

Very high availability

31 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

Price vs. Miami Beach, FL

Citywide

Showing citywide comparison (not enough Miami Beach, FL properties tagged with "Coconut Grove" for a local match). Click any bar to view that building.

See rent trends on the Miami Beach, FL map Explore Miami Beach, FL on the interactive map

Available Units

31 units
Studio 0201
$2,064/mo
408 ft² · $5.06/ft\u00B2 · #1
Studio 0417
$2,064/mo
401 ft² · $5.15/ft\u00B2 · #3
Up $21 since Jul 11 (was $2,043)
Studio 2204
$2,446/mo
401 ft² · $6.10/ft\u00B2 · #30
Down $62 since Jul 11 (was $2,508)
Studio 0611
$2,669/mo
652 ft² · $4.09/ft\u00B2 · #6
Down $62 since Jul 11 (was $2,731)
Studio 1311
$2,729/mo
652 ft² · $4.19/ft\u00B2 · #13
Studio 1315
$2,735/mo
652 ft² · $4.19/ft\u00B2 · #14
Studio 1609
$2,780/mo
652 ft² · $4.26/ft\u00B2 · #20
Studio 1812
$2,810/mo
652 ft² · $4.31/ft\u00B2 · #21
Down $62 since Jul 11 (was $2,872)
Studio 2014
$2,834/mo
652 ft² · $4.35/ft\u00B2 · #27
Down $62 since Jul 11 (was $2,896)
Studio 0211
$2,835/mo
652 ft² · $4.35/ft\u00B2 · #2

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Miami Beach, FL notes

No resident notes for this property yet.

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