South Florida Condo Fee Index · development report · as of September 7, 2026 · Miami, Miami-Dade County
Grove Isle, Miami: condo fees, what sold, and what is for sale today
As of September 7, 2026, the typical Grove Isle condo listed for sale carries an association fee of $3,618 a month, 272% above the Miami condo median of $973. 12 units are for sale, 1 more are under contract, and 41.7% have cut their asking price. Over the twelve months September 2025 to August 2026, 18 Grove Isle condos closed at a median $1,645,000, a median 9% under their original asking price.
Small sample: Grove Isle has fewer than 20 condos for sale and fewer than 20 closings in the window, so single listings move these figures. Read them as indicative and check the counts under each number.
The fees displayed are only as accurate as the brokerage that provided them in its individual listings through the multiple listing service. Information is deemed to be reliable but not guaranteed.
Median condo fee / month$3,618Miami condos $973; 12 listings state a fee
Condos sold: median price, 12 months$1.65M18 closings September–August 2026; $854 per sq ft
Median condo asking price$2.7M12 for sale; $1,034 per sq ft
Have cut their price41.7%median cut $164,000 (6.1%)
Months of supply812 for sale ÷ 1.5 sales a month
Built1979–2025buildings 30+ years old fall under Florida milestone inspection rules
For buyers and sellers: Sellers here are asking a median $2,697,500 while the last twelve months of sales closed at a median $1,645,000, 91.5% of the original asking price. That gap, plus 12 competing units and 8 months of supply at the current sales pace, is the pricing reality a Grove Isle seller starts from; a buyer should budget $3,618/mo in fees on the typical unit and ask what a quote well under $2,840 leaves out.
The story for media: "18 condominiums in Grove Isle, Miami, sold between September 2025 and August 2026 at a median price of $1,645,000, or 91.5% of their original asking price, while 12 remain for sale with a median association fee of $3,618 a month, according to PBP Real Estate's daily analysis of BeachesMLS data as of September 7, 2026."
What condos actually sold in Grove Isle, month by month
18 condo closings from September 2025 to August 2026, median $1,645,000; bars count sales, dots mark the monthly median where three or more closed
Source: BeachesMLS via PBP Real Estate's brokerage feed, condominium listings permitted for internet display. Active and under contract as of Sep 7, 2026; closed sales September 2025 to August 2026. Deemed reliable but not guaranteed.
91.5%of original asking price, median condo sale94% of the final asking price
$854condo sold price per square footasking today $1,034
100days to sell, mediancumulative days on market of closed sales
88.9%cash salesas recorded in the MLS buyer-financing field
93%Miami condos, sold to original asking3,910 city closings, same window
Range $950,000 to $3,100,000. Sold figures cover listings permitted for internet display and closed between September 1, 2025 and August 31, 2026; they are counts and medians, never an opinion of any unit's value.
Where the Grove Isle fee sits among Miami condos
Grove Isle median $3,618/mo against the Miami middle half ($599 to $1,539) and median ($973); 95.1% of Miami condo listings ask less.
Shaded band = 25th to 75th percentile of Miami condo fees for sale today. Source: BeachesMLS via PBP Real Estate's brokerage feed, condominium listings permitted for internet display. Active and under contract as of Sep 7, 2026; closed sales September 2025 to August 2026. Deemed reliable but not guaranteed.
Inside Grove Isle the middle half of fees runs $2,840 to $4,015 a month ($1.51 per square foot). Units that sold in the last twelve months carried a median fee of $2,692 at the time of listing.
What the Grove Isle fee includes, as entered by listing brokers
Common areas 100%
Security 90.9%
Trash 90.9%
Grounds 63.6%
Sewer 63.6%
Water 63.6%
Structure maintenance 54.5%
Cable TV 54.5%
Building insurance 45.5%
Pest control 45.5%
Share of the 11 Grove Isle listings that state what the fee covers. Utilities, insurance and reserves change what a fee is worth; compare coverage before dollars.
What condos are for sale in Grove Isle today
12 condos by size, with the median asking price of each group
Source: BeachesMLS via PBP Real Estate's brokerage feed, condominium listings permitted for internet display. Active and under contract as of Sep 7, 2026; closed sales September 2025 to August 2026. Deemed reliable but not guaranteed.
7.7%of condos are under contract1 of 13 listings
$164,000median condo price cut6.1% off the original asking price
70median days on marketcumulative, relistings included
0mention a special assessment0 of 12 listings (0%)
0state an age restriction (55+)0 of 12 listings (0%); confirm with the association
0mention a required membership0 of 12 listings (0%)
0mention a land or recreation lease0 of 12 listings (0%)
1mention a milestone inspection or recertification1 of 12 listings (8.3%)
Counts of the condominium listings for sale whose agent-written public remarks mention each item; not verified and not a statement about the association. Ask for the budget, reserve study and any assessment resolution before writing an offer.
For sellers
Pricing a home correctly is a skill. It starts with data most agents and consumers never see.
36.7% of the condos for sale in Miami have already had to cut, a median $26,000, and buyers compare your fee against 12 other listings before they book a showing.
This page is built from every Miami listing in BeachesMLS and refreshed each morning. Gia Freer, Broker of Record, turns that same data into one written pricing opinion for your condo: the sales, cuts, fees and days on market it actually competes with, with the reasoning, before it goes live.
No website estimate, no automated number: a comparative market analysis done by hand, within one business day.
36.7%Have already cutmedian cut $26,000 (5.7%)
63.3%Still at their first priceevery seller starts here; the first price decides who stays
4,625 condos for sale in Miami, BeachesMLS, September 7, 2026. Information is deemed reliable but not guaranteed.
As of September 7, 2026, the median monthly-equivalent association fee across the 12 Grove Isle condominiums for sale that state a fee is $3,618; the middle half runs $2,840 to $4,015. That is 272% above the Miami condo median of $973. The fees displayed are only as accurate as the brokerage that provided them in its individual listings through the multiple listing service. Information is deemed to be reliable but not guaranteed.
What did condos in Grove Isle sell for?
18 Grove Isle condominiums closed between September 1, 2025 and August 31, 2026 at a median $1,645,000 ($854 per square foot), ranging from $950,000 to $3,100,000. The median sale closed at 91.5% of the original asking price and 94% of the final asking price, after a median 100 cumulative days on market. 88.9% of those sales were cash. Closings are reported to the MLS with a lag, so the window ends with the last full month; 0 September 2026 closings have been reported so far and are not in the medians.
How many Grove Isle condos are for sale, and are prices being cut?
12 Grove Isle condominiums are listed for sale as of September 7, 2026, asking from $1,250,000 to $8,940,000 with a median of $2,697,500; 1 more is under contract. 41.7% of the active listings have reduced their price at least once, by a median $164,000 (6.1%). The median active condo listing has been on the market 70 cumulative days, relistings included. At the last twelve months' sales pace that inventory is 8 months of supply.
Does Grove Isle have special assessments, age restrictions or membership requirements?
We report what listing agents wrote, not what the association has decided. Among the 12 Grove Isle listings for sale, 0 mention a special assessment in the public remarks; 0 state an age restriction such as 55+; 0 mention a required club or equity membership; 0 mention a land or recreation lease. Confirm every one of these with the association documents before writing an offer.
How is this Grove Isle report built and how often is it updated?
Every morning from PBP Real Estate's own BeachesMLS data feed: active and under-contract condominium listings in Miami whose subdivision field names Grove Isle, plus every closing in the twelve months ending August 31, 2026. Fees are converted to a monthly equivalent and both association layers are summed. Medians need five or more records, percentages ten or more; smaller groups are shown as counts. Grove Isle is a small sample today (under 20 listings and under 20 sales), so read its figures as indicative. This is a market read of MLS listing data, not an opinion of value about any unit or a statement about the association's finances. The fees displayed are only as accurate as the brokerage that provided them in its individual listings through the multiple listing service. Information is deemed to be reliable but not guaranteed.
More live Miami data
As of September 7, 2026. PBP Real Estate analysis of BeachesMLS listings.
Method: listings whose MLS subdivision field maps to Grove Isle after normalization (tower, section and phase records merged; master community plus its enclaves), condominiums by tax legal description (a townhouse, villa or house whose legal records a condominium is included), Miami, permitted for internet display in PBP Real Estate's BeachesMLS data feed. Active and under-contract figures are from the daily snapshot as of September 7, 2026; closed sales are from a rolling archive and cover September 1, 2025 to August 31, 2026, the last full month, because closings are reported to the MLS with a lag. Fees are as entered by each listing office, converted to a monthly equivalent, with master and sub-association layers summed. Medians require five or more records and percentages ten or more; smaller groups are shown as counts. Remark-based flags are keyword classifications of agent-written text and are not verified. Nothing here is an opinion of value about any property or a statement about any association's finances. The fees displayed are only as accurate as the brokerage that provided them in its individual listings through the multiple listing service. Information is deemed to be reliable but not guaranteed.
IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated September 7, 2026.
