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Waterfront · Condominium
$2,350,000$2,403 / sqft
2831 S Bayshore Dr # 804, Coconut Grove FL 33133
Listed
2
Bedrooms
2
Bathrooms
978 sqft
Interior
2018
Year built
$2,885 / mo
HOA
Condominium
Type
About this home
Completely redesigned and reimagined in 2025, this exceptional residence at Club Residences at Park Grove showcases sophisticated European-inspired interiors, premium craftsmanship, and integrated smart home technology. Floor-to-ceiling windows fill the open-concept living spaces with natural light, complementing marble floors, custom Casa Petrus millwork, designer wall treatments, and curated lighting by Visual Comfort, Articolo Studios, Made Goods, and Palecek. The chef's kitchen is appointed with Calacatta Gold marble countertops, backsplash, and hood, Sub-Zero refrigeration, Wolf appliances including a gas cooktop, built-in oven, microwave, and coffee system, Asko dishwasher, and Dornbracht fixtures. The primary suite offers custom upholstery, bespoke millwork, designer wallpaper and drapery, while the guest suite features an integrated limestone desk and custom built-ins. Smart features include Lutron lighting, motorized shades, BluOS audio with hidden speakers, Ubiquiti networking, and Nest climate control. Designer furnishings may be included with the sale, offering a truly turnkey opportunity overlooking Biscayne Bay.
Features
- Built-in Features
- Closet Cabinetry
- Entrance Foyer
- East Of Us1
- Other
- Bay
- Ocean View
- Other View
Leasing
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 29 active listings; the middle half ask $2,850–$12,500.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.