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Condominium at 2627 S Bayshore Dr # 501, Miami FL 33133Active
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Condominium
$2,950,000$1,264 / sqft

2627 S Bayshore Dr # 501, Miami FL 33133

3
Bedrooms
3
Bathrooms
2,333 sqft
Interior
2005
Year built
$3,977 / mo
HOA
Condominium
Type

About this home

Impeccable 3-bed, 3-bath residence in Coconut Grove’s iconic Grovenor House, offered at the lowest price per SqFt for a 3/3 in the building. This light-filled, east-west facing unit is accessed via private elevator and features an open floor plan, chef’s kitchen with Miele/SubZero appliances, and Snaidero cabinetry. Enjoy two private balconies with limited bay views and lush tree-top vistas. All bedrooms have en-suite baths and custom closets; the spacious primary suite includes two walk-ins, balcony access, and a spa-like bath. Full-size laundry room, 2 assigned parking spaces, and storage included. Unbeatable value in a full-service, luxury building steps from parks, marinas, and Coconut Grove’s best dining.

Features

  • First Floor Entry
  • Built-in Features
  • Closet Cabinetry
  • Elevator
  • Walk-In Closet(s)
  • East Of Us1
  • Barbeque
  • Courtyard
  • Tennis Court(s)
  • Bay
  • Garden View

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$18,894

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$14,917
HOA
$3,977 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Compass Florida, LLC

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

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 rent, 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. 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.