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Waterfront · Condominium
$9,750,000$2,897 / sqft
2811 S Bayshore Dr, Miami FL 33133
Listed
4
Bedrooms
5
Bathrooms
3,365 sqft
Interior
2020
Year built
$6,231 / mo
HOA
Condominium
Type
About this home
Extraordinary 4-BD, 4.5-BA combined unit in the highly sought-after One Park Grove in Coconut Grove. The residence showcases 3,365 SF of luxurious living with endless bay views. Boasting top-of-the-line finishes, every detail has been meticulously curated and expertly designed by renowned designer Deborah Wecselman to offer unparalleled quality and style. The sizable living and family rooms are adorned with elegant wood slat wall paneling and integrated lighting, creating the perfect ambiance for entertaining. A gourmet eat-in kitchen offers ample counter space, high-end cabinetry, and premium appliances. The entire apartment is graced by exquisite porcelain flooring, both indoors and out, adding a touch of timeless elegance. Enjoy a variety of world-class amenities at One Park Grove.
Features
- Built-in Features
- Closet Cabinetry
- Elevator
- Other
- Pantry
- Split Bedroom
- Volume Ceilings
- Walk-In Closet(s)
- Utility Room/Laundry
- Open Balcony
- Bay
- Other View
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 4-bed rentals across Miami-Dade, from 119 active listings; the middle half ask $15,900–$37,000.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.