Grove Central Residences Apartments: Renters Insurance Guide & What It Actually Costs

Last updated Apr 15, 2026

Thinking about renting at Grove Central Residences Apartments in Northeast Coconut Grove? Rent here runs $2,196 – $8,960, and renters insurance adds about $13/mo. Below we break down which carriers are cheapest for this building and what the lease actually requires.

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2800 SW 27th Ter, Miami, FL 33133

Northeast Coconut Grove

Managed by Greystar Built 2023 23 stories 402 units
4.7/5 ·287 reviews Google
5/5 ·15 reviews Apt. Finder
$2,196 – $8,960 /month

Monthly Cost Breakdown at Grove Central Residences Apartments

The listed rent isn't the whole number. Here's what Grove Central Residences Apartments actually costs each month once you add required fees and insurance.

Total Monthly Cost $2,644 – $9,408
Base Rent $2,196 – $8,960
Required Monthly Fees $435
Est. Renters Insurance $13/mo

Renters Insurance at Grove Central Residences Apartments

What Affects Your Premium Here

Every building is different. These factors specific to Grove Central Residences Apartments can push your insurance cost up or down:

Open Access

No gated or controlled access — higher theft exposure

Dog-Friendly

Dogs allowed — consider higher liability coverage

FEMA Flood Zone

Zone X — minimal flood risk

FBI UCR

Property crime rate: 2477/100K (57% above national average)

What You'll Likely Pay

$13

Est. Monthly

$155

Est. Annual

$16

State Avg/mo

How Much Coverage Makes Sense

Renters insurance has two main pieces: personal property coverage, which pays to replace your belongings if they're stolen or damaged (think furniture, electronics, clothes), and liability coverage, which protects you if someone gets hurt in your unit or you accidentally damage someone else's property. Here's what we'd recommend for Grove Central Residences Apartments based on the rent level and building features.

Personal Property

What your stuff is worth

$40,000 recommended

If you own less

$25,000

If you own more

$60,000

Liability

Covers accidental harm & lawsuits

$300,000 recommended

Dog-friendly community — higher liability recommended for pet-related incidents

How Carriers Compare for This Area

Not all carriers price the same zip code equally. Here's how the major options stack up near Grove Central Residences Apartments:

Carrier Monthly Annual
Lemonade $8/mo $102/yr
USAA $10/mo $114/yr
State Farm $13/mo $152/yr
Progressive $14/mo $165/yr
Safeco $14/mo $165/yr
Travelers $15/mo $178/yr
Allstate $16/mo $190/yr
Nationwide $16/mo $190/yr
Farmers $17/mo $203/yr
Liberty Mutual $19/mo $228/yr

Discounts You May Qualify For

Claims-free (if applicable)
-10%
Pay-in-full annual
-7%
Paperless/autopay
-3%
Multi-policy bundle
-10%

Next Step

See if you can beat $13/mo

4 discounts may apply here. Real quotes show your actual price — estimates can't.

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Property Crime & Theft Risk

Renters insurance pricing is driven by property crime — theft, burglary, and vehicle break-ins — not violent crime. Here's what the FBI's Uniform Crime Reporting data shows for Miami.

Miami property crime rate

2,477

per 100K residents

57% above U.S. avg

U.S. avg is 1,578 per 100K

Breakdown per 100K residents

Burglary
232 / 200
Larceny / theft
1,994 / 1,172
Vehicle theft
252 / 206

U.S. average

Higher-than-average property crime is why insurance carriers charge more in this zip code — your premium reflects the claims frequency for the area. Grove Central Residences Apartments also has on-site security features (Concierge, Doorman, Covered parking) that insurers recognize with discounts.

Source: FBI UCR Program, Miami (2024-12 to 2025-11)

What Residents Are Saying

Based on Google reviews, here are the issues residents mention most often — and the ones that matter when choosing your coverage. Longer bars indicate more frequent discussion.

Maintenance Issues Mentioned

On-Site Security

Concierge Doorman Covered parking

Flood Risk

Standard renters insurance does not cover flood damage. FEMA maps every property into a flood zone — here's what that means for Grove Central Residences Apartments.

FEMA Zone X (Area Of Minimal Flood Hazard) — Minimal flood risk

Flood insurance optional but inexpensive in this zone.

Flood zone data from FEMA National Flood Hazard Layer (NFHL). Zones can change — verify at FEMA Flood Map Service.

Fees Beyond Rent

These are the additional charges beyond base rent at Grove Central Residences Apartments. Some are monthly, some are one-time — all of them affect your actual cost of living here.

Required Fees

Internet Services

Amount for internet services provided by community. Charged per unit.

$100 / mo

Trash Services - Hauling

Amount for shared trash/waste services. Charged per unit.

$25 / mo

Pest Control Services

Amount for pest control services. Charged per unit.

$5 / mo

Rent Service Fee - FL

Amount to manage utility services billing in Miami-Dade County. Charged per unit.

$5.12 / mo

Utility - Electric - Third Party

Usage-Based (Utilities).Amount for provision and consumptionof electric paid to a third party. Charged per unit. Payable to 3rd Party

Varies / mo

Utility - Water/Sewer

Usage-Based (Utilities).Amount for provision and/or consumption of water and sewer services Charged per unit.

Varies / mo

Renters Liability Insurance - Third Party

Amount for renters liability insurance obtained through resident's provider of choice. Charged per leaseholder. Payable to 3rd Party

Varies / mo

Application Fee

Amount to process application, initiate screening, and take a rental home off the market. Charged per applicant.

$125

Administrative Fee

Amount to facilitate move-in process for a resident. Chargedper unit.

$350

Security Deposit (Refundable)

Amount intended to be held through residency that may be applied toward amounts owed at move-out. Refunds processed per application and lease terms. Charged per unit.

$1,000

Access Device

Amount to obtain an access device for community; fobs, keys,remotes, access passes. Charged per device.

$110

Pets Fees

Pet Fee

Service/Support Animal Policy: All residents must complete an application through our Grove Central Residences App to confirm or deny they have a pet. A Reasonable Accommodation Form must be completed for Emotional Support and Service Animals that...

$500 - $700

Pet Rent

Max of 2. Monthly amount for authorized pet. Charged per pet

$30 / mo

Pet Management - Third Party

Max of 1. Amount for authorized pet registration and screening services. Charged per pet. Payable to 3rd Party

$30 / yr

Parking Fees

Parking Fee

Max of 1. Amount for garage parking space/services. May be subject to availability. Charged per rentable item.

$125 - $175 / mo

Other

First open space is $125 and additional open spaces are $175Reserved spaces $225. Using Pay By Phone for guests. Please call us regarding our Parking Policy.

Garage Lot

First open space is $125 and additional open spaces are $175Reserved spaces $225. Using Pay By Phone for guests. Please call us regarding our Parking Policy.

Addons Fees

Business Office Rental

Amount to rent a co-working space or shared business office amenity space. May be subject to availability. Charged per rentable item.

$1,000 - $1,250 / mo

Common Area/Clubhouse Rental

Amount to rent a shared common area space, including clubhouse. May be subject to availability. Charged per unit.

$100 - $1,000 / occurence

Guest Suite Rental

Amount to rent guest suite; per night. May be subject to availability. Charged per night.

$250 - $450 / occurence

Cable TV and Internet Services

Amount for cable and internet services in rental home. Charged per unit.

Varies / mo

Situational Fees

Renters Liability Only - Non-Compliance

Amount for not maintaining required Renters Liability PolicyCharged per unit.

$15 / occurence

Lease Violation

Amount for violation of community policies and/or per lease terms. Charged per unit.

$25 - $500 / occurence

Access Device - Replacement

Amount to obtain a replacement access device for community; fobs, keys, remotes, access passes. Charged per device.

$50 - $100 / occurence

Intra-Community Transfer Fee

Amount due when transferring to another rental unit within community. Charged per unit.

$500 / occurence

Returned Payment Fee (NSF)

Amount for returned payment. Charged per unit.

$75 / occurence

Late Fee

Amount for paying after rent due date; per terms of lease. Charged per unit.

10% of base rent / occurence

Liquidated Damages

Amount for not satisfying the application and/or lease termsCharged per unit.

100% of base rent / occurence

Early Lease Termination/Cancellation

Amount to terminate lease earlier than lease end date; excludes rent and other charges. Charged per unit.

200% of base rent / occurence

Legal/Eviction Fees

Amount for legal expenses incurred for lease violations. Charged per unit.

Varies / occurrence

Security Deposit - Additional (Refundable)

Additional amount, based on screening results, intended to be held through residency that may be applied toward amounts owed at move-out. Refunds processed per application and lease terms. Charged per unit.

Varies one-time

Amenities

Special Features

Golf Simulator Room Waterviews Downtown View Stainless Steel Waterview EV Charging Stations Hotwire BBQ Grilling & Picnic Area Connectivity On Site Retail Yoga Studio Access Controlled Community Resident Herb Garden Pet Friendly Community Swimming Pool Floor to Ceiling Windows in Select Units Golf Simulator, Theater & Game Room Luxury Resort Style Infinity Pool Sky Lobby with Coffee Bar Storage - Additional City Skyline view Closet Upgrade Conference Room Co-Working Spaces Karaoke Lounge

Community Features

Maintenance on site On-Site Retail Car Charging Station Public Transportation Business Center Clubhouse Lounge Conference Rooms Picnic Area Fitness Center Pool Bicycle Storage Gameroom

Floor Plan Amenities

Washer/Dryer Air Conditioning Dishwasher Refrigerator High Ceilings Recreation Room Window Coverings Balcony

Pet Policy

Bringing a pet? Here's what Grove Central Residences Apartments allows — and keep in mind, if you have a dog, most insurance advisors recommend bumping your liability coverage to at least $300,000. Standard renters policies cover pet-related incidents, but the default $100,000 limit may not be enough if something happens.

Cats and Dogs Allowed
$30 Monthly Pet Rent
$500 Fee
2 Pet Limit

About Grove Central Residences Apartments

Year Built: 2023
Stories: 23 stories
Units: 402
Management: Greystar
Phone: (786) 321-0892

From the property listing:

MOVE-INS TAKING PLACE NOW! Surrounded by Coconut Grove's stunning natural beauty, with its signature canopy palm trees lining the streets, residents of Grove Central Residences can look forward to enjoying a relaxed pace of life and activities such as dining, sailing, and exploring the nearby neighborhood parks and marinas - all a brisk walk or bike ride away from our Coconut Grove apartments.

Other Options Nearby

Still weighing your choices? Other communities in Miami — compare rent and estimated insurance cost side by side.

Frequently Asked Questions

Does Grove Central Residences Apartments require renters insurance?
We didn't find a public insurance requirement for Grove Central Residences Apartments, but that doesn't mean there isn't one. Many communities add the requirement during lease signing. It's worth asking the leasing office directly — and even if it's not required, a policy typically runs under $20/month and covers you against theft, fire, and liability.
How much is renters insurance at Grove Central Residences Apartments?
For this zip code and building type, expect to pay around $13/month ($155/year). For context, the statewide average is $16/month, so this building is below average.
What will I actually pay per month at Grove Central Residences Apartments?
Plan for $2,644 to $9,408/month all-in. That's base rent ($2,196 – $8,960), plus $435/month in required fees (trash, utilities, etc.), plus roughly $13/month for renters insurance. Most apartment listing sites don't include those last two — so the sticker price can be misleading.
Does Grove Central Residences Apartments allow pets?
Yes, Grove Central Residences Apartments is pet-friendly. Here are the details: Cats and Dogs Allowed. $30 Monthly Pet Rent. $500 Fee. 2 Pet Limit. If you have a pet, keep in mind that most renters insurance policies cover pet liability — but you may want to increase your liability limit, especially for larger breeds.
How safe is the area around Grove Central Residences Apartments?
Property crime in Miami runs noticeably higher than the national average — 2,477 incidents per 100,000 residents versus the U.S. average of 1,578. That's the metric insurance carriers care about most for renters coverage, since property crime (theft, burglary, vehicle break-ins) drives most claims. Burglary specifically is 232/100K here. On the property itself, you'll find concierge, doorman, covered parking — features that can qualify for premium discounts.
What floor plans does Grove Central Residences Apartments offer?
There are 25 floor plans to choose from, spanning 1-bedroom, 2-bedroom, 3-bedroom, 4-bedroom, 5-bedroom, studio layouts. Rent ranges from $2,196 – $8,960. Your unit size can affect your insurance cost too — a larger unit typically means more belongings to cover.

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Disclaimer

The information on this page — including rent prices, fees, floor plans, amenities, insurance requirements, and safety data — is collected from publicly available sources and may not reflect the most current details. Apartment communities may update their offerings, policies, and pricing at any time. Always confirm details directly with the leasing office or the community's official website before making any decisions.

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