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Waterfront · Condominium
$7,475,000$1,711 / sqft
2627 S Bayshore Dr # 2801, Miami FL 33133
Listed
3
Bedrooms
4
Bathrooms
4,370 sqft
Interior
2006
Year built
$7,450 / mo
HOA
Condominium
Type
About this home
Experience luxury Bayfront living in this 3 BD, 3.5 BA Penthouse, 4,370 SF corner residence at the prestigious Grovenor House. Completely remodeled and accessible by private elevator into a grand foyer, this home boasts soaring ceilings, floor to ceiling impact windows/doors, wraparound terraces with 180° Bay and Skyline views, and custom architectural details throughout. The open-concept kitchen features Snaidero cabinetry, marble counters, butler’s pantry, and top-tier appliances. Brand new Creston smart system, automated blinds, Sonos audio, and Lutron lighting elevate everyday living. The expansive main suite offers a sitting area, custom walk-in closet, spa-like bath, and balcony access. Building amenities include infinity pool, spa, gym, tennis, dog park, playground, creche and more.
Features
- Lobby
- Built-in Features
- Closet Cabinetry
- Elevator
- Entrance Foyer
- Pantry
- Volume Ceilings
- Walk-In Closet(s)
- Family Room
- Other
- Utility Room/Laundry
- Open Balcony
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 3-bed rentals in Coconut Grove, from 15 active listings; the middle half ask $15,700–$35,000.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.