Grove Place
Sustainable, Luxury, Private Townhomes with a Truly Unique Coconut Grove Vibe
This is an example of the project that can be built on the property.
A DEVELOPERS DREAM
SUSTAINABLE, LUXURY, PRIVATE PRE-CONSTRUCTION TOWNHOMES WITH A TRULY UNIQUE COCNUT GROVE VIBE. Grove Place are tranquil, private, gated luxury townhomes in Coconut Grove. Each residence will feature 3 bedrooms, garage and roof deck. Grove Place matches sustainable, modern living with a truly unique Coconut Grove feel. Own an investors dream in the exciting and historic Coconut Grove. Two unit available for purchase with an expected completion date of late 2017. Each unit is 3 Bedroom/ 2.5 Bathroom and over 2,500 SF of A/C+. Buyer has the potential to work with developer to customize the floorpans and layout to their needs. Project is under development by Biscayne Capital Partners. Perfect opportunity for anyone looking to make a solid investment in the fast redeveloping Coconut Grove and prices in the area have been rising consistently. Walking distance to Downtown Coconut Grove, the newly redesigned Regatta Park and a short drive from Brickell, Miracle Mile, Downtown Coral Gables and Merrick Park.
This is an example of the project that can be built on the property.
FEATURES
Private Gated Access
Custom Floorpans & Layouts
Elegant Interior Architectural Designs
Garage with Automatic Door Opener
Hurricane Impact Exterior Windows and Doors
Large Capacity Washer & Dryers
Plunge Pool & Beautifully Landscaped Backyard
Rooftop Patio
High-End Designer Stainless Steel Appliances
Marble Flooring
This is an example of the project that can be built on the property.
GROVE PLACE PROFILE
Grove Place has 2 matching units available for purchase.
Cost Per Unit: $950,000
Total Cost: $1,900,000
Monthly Total Rent Per Unit: $5,000
Cap Rate: Approx. 6%
Expected Completion Date: Late 2017