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Active
Waterfront · Condominium
$1,750,000$1,040 / sqft

2843 S Bayshore Dr # 11F, Miami FL 33133

3
Bedrooms
3
Bathrooms
1,682 sqft
Interior
1982
Year built
$3,147 / mo
HOA
Condominium
Type

About this home

Experience waterfront living in this expansive 3-bedroom, 3-bathroom residence at Grove Towers, showcasing sweeping Biscayne Bay views and stunning sunsets over Coconut Grove. Spanning 1,388 SF, the residence is filled with natural light and features traditional finishes, impact windows and doors, expansive terraces, and a thoughtfully designed layout that enhances the connection between indoor and outdoor spaces. Every bedroom offers direct balcony access, capturing tranquil views of the bay, lush greenery, and tennis courts. The spacious primary suite includes dual vanities, a glass-enclosed shower, and a walk-in closet, while the kitchen features an oversized island designed for entertaining. Residents of Grove Towers enjoy an exceptional collection of amenities including a heated pool and spa, fitness center, tennis and pickleball courts, BBQ area, valet service, and guest parking. Perfectly positioned near the marina, sailing club, waterfront parks, acclaimed dining, cafés, boutiques, and top-rated schools, this home offers an ideal blend of luxury and convenience in the heart of Coconut Grove.

Features

  • Built-in Features
  • Closet Cabinetry
  • Entrance Foyer
  • Split Bedroom
  • Den/Library/Office
  • None
  • Open Balcony
  • Tennis Court(s)
  • Skyline
  • Tennis Court View
  • Water View

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$11,996

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$8,849
HOA
$3,147 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Compass Florida, LLC

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management

Cap rate
Cash-on-cash
Monthly cash flow
Net operating income

Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.

Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.

Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.