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Waterfront · Condominium
$5,195,000$2,641 / sqft
2811 S Bayshore Dr # 5C, Coconut Grove FL 33133
Listed
2
Bedrooms
3
Bathrooms
1,967 sqft
Interior
2020
Year built
$4,732 / mo
HOA
Condominium
Type
About this home
Stunning One Park Grove with Sweeping Bay views from this front tower unit of Sailboat Bay and Biscayne Bay. 2-bedroom, PLUS oversized Den/Third Bedroom Option, 2.5 baths. Expansive Balcony, 12-foot floor-to-ceiling sliding glass doors/windows, Bianco Laso Floors throughout, and Seashell Stone in the master. Italian Cabinetry, Paonazzo Marble Countertops, Wolf Gas Stove, Sub-Zero refrigerator. 50000 sq. ft. of Amenities with Lush Botanical Gardens and Lush Landscaping. 4 Pools, Jacuzzi, Cabanas. Signature Spa with Steam, sauna, and Massage Rooms. 24 hr Concierge, Business Center. One Park Grove has its own Private Exercise and Massage Room. Park Grove is a 5-acre serene enclave within Coconut Grove that offers dining, an on-site Restaurant, Fresh Market, & Marina. Storage Space included.
Features
- Built-in Features
- Cooking Island
- Fire Sprinklers
- Entrance Foyer
- Roman Tub
- Volume Ceilings
- Walk-In Closet(s)
- Foyer
- Pantry
- Open Balcony
- Bay
- Ocean 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 2-bed rentals in Coconut Grove, from 32 active listings; the middle half ask $3,275–$12,250.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.