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Waterfront · Condominium
$620,000$925 / sqft
2951 S Bayshore Drive # 805, Miami FL 33133
Listed
1
Bedrooms
1
Bathrooms
670 sqft
Interior
1998
Year built
$951 / mo
HOA
Condominium
Type
About this home
Rare opportunity to own a renovated residence in one of the most desirable bay-view lines at The Mutiny Hotel in the heart of Coconut Grove. Unit 805 was renovated in 2024 with a new A/C, new flooring, renovated bathroom, and fresh interior paint. Enjoy beautiful Biscayne Bay views and a bright, move-in-ready interior. The Mutiny Hotel is a condo-hotel property allowing owners the flexibility of personal use while permitting short-term rentals in accordance with the condominium documents and association rules. Residents enjoy resort-style amenities, including a pool, fitness center, concierge, valet, and on-site dining. Ideally located just steps from CocoWalk, marinas, parks, restaurants, shopping, and minutes from Brickell, Coral Gables, and Downtown Miami. UNIT IS CURRENTLY OCCUPIED BY A GUEST UNTIL AUGUST 11ST.
Features
- Walk-In Closet(s)
- Open Balcony
- Bay
- Ocean
- Water
- Bay View
- Direct Ocean
- Ocean View
Location
Approximate — shows the building, not the unit. Open in maps
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 1-bed rentals in Coconut Grove, from 32 active listings; the middle half ask $2,250–$4,000.That is what landlords ask, not what units let for — edit it if you know better.
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 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. We are not a lender and neither offer nor arrange financing. 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.