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Single Family Residence
$3,650,000$1,313 / sqft
291 E Shore Dr E, Miami FL 33133
Listed
5
Bedrooms
4
Bathrooms
2,780 sqft
Interior
1972
Year built
$16 / mo
HOA
Single Family Residence
Type
About this home
Fully renovated in 2026 and truly move in ready, this 5 bedroom home sits in Bay Heights, one of Coconut Grove’s most private enclaves with 24/7 police patrol, shaded sidewalks and serious tree canopies! A walkway over a koi-style pond leads to an oversized 10ft glass pivot door, and from the moment you step inside to the tranquility and privacy of the backyard, a serene, zen like feel flows throughout. Every major system is new: plumbing, electrical, and A/C, plus all-new kitchen, baths, flooring, lighting, and finishes as well as the roof. The open floor plan connects living, dining, and kitchen, where an oversized waterfall island offers deep storage beneath. A wet bar, hidden walk-in pantry and laundry room, custom closets, and built-ins throughout provide ample storage. The primary suite opens directly to the backyard and features a spa-style bath with dual shower heads, body jets, and a freestanding tub. Three bedrooms are en-suite, including the primary, plus two additional bedrooms, one ideal as a guest, staff, or flex room. Out back, a covered terrace, handcrafted fountains, and boulder-lined landscaping are made for entertaining or unwinding. New alarm and camera system. Minutes to Brickell, CocoWalk, Vizcaya Museum Garden, Parks, Key Biscayne, and the airport. Welcome home to Bay Heights, where you’re close to everything and hidden from everything!
Features
- Bar
- French Doors
- Other
- Pantry
- Walk-In Closet(s)
- Den/Library/Office
- Family Room
- Lighting
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 5-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $5,000–$20,000.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.