Price reduced

Price reducedME-1003 · House · For sale

Tropical Modern Retreat in the Grove

3570 Banyan Way, Coconut Grove, FL 33133 · Coconut Grove

$2,475,000 Was $2,650,000 Est. $17,465/mo · $680/sq ft

About this home

Designed by a local award-winning studio in 2019, this four-bedroom home sits among old banyans on a quiet Grove lane. The double-height living space slides fully open to a 50 ft lap pool, solar panels with battery backup keep running costs low, and the village's cafés and marinas are a ten-minute walk away. Reduced by $175,000 for a quick sale.

This 4-bedroom, 4.5-bathroom house at 3570 Banyan Way, Coconut Grove, FL 33133 has 3,640 sq ft of interior space; lot: 10,000 sq ft (0.23 acre). Built in 2019. Parking: 2-car carport with EV charger. Flood zone: X (low risk). Offered for sale at $2,475,000 (reduced from $2,650,000), or $680 per sq ft. Listed on Aug 30, 2026 by Daniel Whitcombe, Senior Advisor, Coral Gables & Coconut Grove.

Open house

Sat, Oct 17 · 11:00 am–2:00 pm

Drop in, no appointment needed; hosted by Daniel Whitcombe. Can't make it? Private viewings run seven days a week, 9am–7pm. Request a private viewing.

Features & amenities

  • Wood, glass and concrete design under a mature banyan canopy
  • Double-height living room opening to a lap pool
  • Solar panels with Tesla Powerwall backup
  • Home office with separate garden entrance
  • Primary suite with outdoor rain shower
  • Walk to CocoWalk, the marinas and Peacock Park

Monthly cost estimate

Estimated property tax: $47,025 a year ($3,919 a month), based on 1.9% of the price, which is typical for new Miami-Dade buyers. HOA: No HOA.

Estimated monthly payment

$17,465/mo

  • Principal & interest$12,515
  • Property tax (1.9%/yr)$3,919
  • Home insurance (0.5%/yr)$1,031
  • HOA$0
Down payment
$495,000
Loan amount
$1,980,000

How we estimate it: 20% down ($495,000), a 6.5% fixed rate over 30 years, property tax of 1.9% of the price a year ($47,025/yr, typical for new Miami-Dade buyers), home insurance of 0.5% of the price a year ($12,375/yr) and no HOA. Estimates only, not a loan offer or financial advice; flood cover is extra where required.

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Property details

Listing IDME-1003
StatusPrice reduced (for sale)
Asking price$2,475,000 (reduced from $2,650,000)
Price per sq ft$680
Property tax (estimate)$47,025 a year (1.9% of the price)
Estimated monthly payment$17,465 (20% down, 6.5% fixed, 30 years, with tax, insurance and HOA)
Property typeHouse
NeighborhoodCoconut Grove
Address3570 Banyan Way, Coconut Grove, FL 33133
Bedrooms / bathrooms4 bedrooms, 4.5 bathrooms
Interior size3,640 sq ft
Lot size10,000 sq ft (0.23 acre)
Year built2019
Parking2-car carport with EV charger
HOANo HOA
Flood zoneX (low risk)
ListedAug 30, 2026
Open houseSat, Oct 17 · 11:00 am–2:00 pm
Photos5 photos, plus a 3D virtual tour on request
Listing advisorDaniel Whitcombe, +1 (555) 019-8800 ext. 202, daniel@meridianestates.demo
Listing officeMeridian Estates, 1200 Ocean Drive, Suite 400, Miami Beach, FL 33139 · +1 (555) 019-8800 · Mon–Sat 9am–6pm, Sun by appointment

The neighborhood

Coconut Grove

A leafy bayfront village of marinas, banyan trees and walkable cafés.

Median
$1.65M (single-family homes)
Schools
Respected private schools within walking distance and an A-rated public elementary.
Commute
10–15 min to Brickell; Metrorail stations at Coconut Grove and Douglas Road.
Explore the Coconut Grove area guide

Also listed here: Garden Cottage Near the Bay ($3,800/mo)

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