3 GROVE ISLE DR C506, Miami, FL 33133

Parcel: 0141140154290 · Residential · Condominium - Residential · Zoning: 4600

Assessed Value (2025)
$551,280

Property Details

Beds
2
Baths
2
Living Sqft
1,642
Year Built
1981
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$200,000
1983-07-01
2
$252,000+26%
1997-08-01
3
$340,000+35%
2020-05-06
THELMA STEIN (TR)LUIS I CABALLERO

Tax Assessment History

$551,280
Assessed (2025)
$776,135
Market Value
$551,280
Taxable Value
$11,224
Annual Tax
2024
$501,164
$674,900
2025
$551,280
$776,135
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $551,280 $776,135 $551,280 $11,224
2024 $501,164 $674,900 $501,164 $10,203

About 3 GROVE ISLE DR C506, Miami, FL 33133

3 GROVE ISLE DR C506, Miami, FL 33133 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1981 with 1,642 square feet of living space. The property is currently owned by LUIS I CABALLERO MARIA C ARGUELLES, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2020-05-06 for $340,000, when THELMA STEIN (TR) sold to LUIS I CABALLERO. The property has appreciated $88,000 (35%) since the prior sale of $252,000 on 1997-08-01. There are 3 recorded sales for this property.

The 2025 assessed value is $551,280 with a market value of $776,135. The assessed value increased 10% from $501,164 in 2024. The median household income in this area is $176,188, and the median home value is $1,828,100.

The population density is 3,859 people per square mile. 3 GROVE ISLE DR C506, Miami, FL 33133 is located in Miami, Florida. Property records, tax assessments, sales history, and ownership information for this Miami property are sourced from miami_dade County public records.

The complete ownership history of this property spans from 1983 to 2020, with 3 recorded transactions in the public record. The current assessed value represents 162% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal.

Based on the most recent sale, this property traded at $207 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

LUIS I CABALLERO MARIA C ARGUELLES
5000 HAMMOCK PARK DR, CORAL GABLES, FL, 33156
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$5,912 — $10,723
Flood $400 — $800
Property/Wind $5,512 — $9,923

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$176,188
Median Home Value$1,828,100
Pop. Density3,859/sq mi

Neighborhood 33133

38.8%
Owner-Occ
61.2%
Investor
436
Flips (4yr)
8,811
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →
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