elevated living in this rare offering in the heart of Coconut Grove. This beautifully renovated 2-bedroom, 2-bath residence showcases breathtaking panoramic views of Biscayne Bay and the lush Grove canopy. Thoughtfully designed with high-end finishes throughout, the open layout features a sleek chef’s kitchen, custom cabinetry, premium appliances, and spa-inspired bathrooms. Floor-to-ceiling glass frames unforgettable sunsets, expansive balcony invites seamless indoor/outdoor living. The primary suite feels like a private retreat with water views and abundant closet space. Perfect as a full-time residence, seasonal escape, or investment property—this home also offers strong income-producing potential, in a building well-known for flexibility and desirable rental opportunities.
Extraordinary lifestyle Expansive unobstructed and captivating bay views opulent and unprecedented renovation. the most sought after and rarely available 02 line provides effortless lifestyle and legendary sunsets . Floor to ceiling new high impact glass leads to wrap around balcony overlooking Coconut Groves amazing Biscayne bay. Chefs kitchen that includes Sub Zero Wine Cooler, Miele induction top range, Miele Futura Dishwasher, Ge Monogram Fridge with double drawer freezer and cooling. German Nolte custom cabinets, all custom lighting, custom interior doors throughout and more. No rental restrictions makes this unit perfect for private use or investors. Sailors dream location across from the best boating venue. Walk to all. Full service building with resort lifestyle. 24 Hr Security.
MARMLS #A1696802
Feb 7, 2013
Sold
$525,000
$478/sq ft
* * * SEE BROKERS REMARKS * * * * Most requested line 02 is the southeast corner direct bay views. Wrap around balcony, hotel compliant 2 key floorplan. Options include renting in the Hotel Program or private rentals or reside in this amazing open floor plan res ort amenities, sunsets will be intoxacating from your spectacular birds eye view. walking distance to all. includes hotel furnishing package. Building has pool, 2 restuarants, fitness center, room service, private security, generator, front desk, squash courts
Year
Property tax
Land + Additions
Assessment*
2025
$15,948 (−15.2%)
$797,865
2024
$18,804 (+7.2%)
$797,865
2023
$17,541 (+29.6%)
$853,332
2022
$13,530 (−3.0%)
$853,332
2021
$13,950 (−8.7%)
$698,328
2020
$15,276 (+25.2%)
$698,328
2019
$12,202 (+12.1%)
2018
$10,888 (+6.2%)
2017
$10,256
2016
$10,262 (+9.6%)
$484,180
2015
$9,361 (−2.0%)
2014
$9,548 (−0.9%)
2013
$9,633 (−3.4%)
2012
$9,971 (+5.0%)
2011
$9,497
Tax history for 2889 Mcfarlane Rd #902
Year
Property tax
Land + Additions
Assessment*
2025
$15,948 (−15.2%)
$797,865
2024
$18,804 (+7.2%)
$797,865
2023
$17,541 (+29.6%)
$853,332
2022
$13,530 (−3.0%)
$853,332
2021
$13,950 (−8.7%)
$698,328
2020
$15,276 (+25.2%)
$698,328
2019
$12,202 (+12.1%)
2018
$10,888 (+6.2%)
2017
$10,256
2016
$10,262 (+9.6%)
$484,180
2015
$9,361 (−2.0%)
2014
$9,548 (−0.9%)
2013
$9,633 (−3.4%)
2012
$9,971 (+5.0%)
2011
$9,497
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
2
Baths
2
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
2001
Sq. Ft.
1,098
Year built
2001
Style
Condo/Co-op
County
Miami-Dade County
APN
0141212180130
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 2, 2026.
T5-O
Urban Center Transect - Open Zone
The Urban Center Zone consists of higher Density Mixed-Use Building types that accommodate retail and office Uses, rowhouses and apartments. A network of small blocks has Thoroughfares with wide Sidewalks, steady street tree planting and Buildings set close to the Frontages with frequent doors and windows.
Permitted uses
Include but are not limited to:
Religious facility
Restaurant
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Student
Hotel / motel
Mixed use
Office
Research & development
Property details
Parking
Garage/Carport Information
Has Garage
# of Garage Spaces: 1
Parking
Features: Underground, One Space
# of Covered Spaces: 1
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 2
Equipment
Appliances: Dryer, Dishwasher, Electric Range, Disposal, Icemaker, Microwave, Refrigerator
Interior Features
Other Features: Built-in Features, Bedroom on Main Level, Closet Cabinetry, Entrance Foyer, Split Bedrooms