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Waterfront · Condominium
$20,900,000$2,960 / sqft
2627 S Bayshore Dr # 3201, Miami FL 33133
Listed
5
Bedrooms
8
Bathrooms
7,061 sqft
Interior
2006
Year built
$10,275 / mo
HOA
Condominium
Type
About this home
Positioned high above Coconut Grove, this remarkable 11,810 SF penthouse at Grovenor House defines contemporary waterfront living. Encompassing 5 bedrooms and 5 full plus 3 half baths, the residence is crowned by a private rooftop retreat complete with its own pool and sweeping panoramic views of Biscayne Bay and the Miami skyline. Thoughtfully designed with a balance of sophistication and comfort, the interiors showcase intricate ceiling details, bespoke millwork, and rich hardwood flooring. A temperature-controlled wine cellar with capacity for over 300 bottles complements the custom-designed chef’s kitchen. Expansive floor-to-ceiling glass doors lead to a generous wraparound terrace, creating a seamless indoor-outdoor experience. Additional highlights include private elevator access, a rooftop summer kitchen with service lift, automated window treatments, and a fully integrated smart home system, delivering a truly elevated residential experience. Residents of Grovenor House enjoy access to world-class amenities including an infinity-edge pool with private cabanas and wet bar, a full-service spa, state-of-the-art fitness center, tennis court, meditation and Zen gardens with lush banyan and oak trees, entertainment lounge with catering kitchen, children’s playground, dog park, and 24-hour concierge, valet, and security services. The building also offers the exclusive “Grovenor Link” concierge technology service.
Features
- First Floor Entry
- Built-in Features
- Closet Cabinetry
- Elevator
- Entrance Foyer
- Other
- Split Bedroom
- Volume Ceilings
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 21 active listings; the middle half ask $24,000–$45,000.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.