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Waterfront · Condominium
$11,500,000$2,331 / sqft
2675 S Bayshore Dr # 1601S, Coconut Grove FL 33133
Listed
3
Bedrooms
4
Bathrooms
4,933 sqft
Interior
2016
Year built
$6,316 / mo
HOA
Condominium
Type
About this home
Located in the heart of Coconut Grove is one of Miami’s most iconic buildings “Grove at Grand Bay” Designed by Bjarke Ingels and developed by the Terra Group. A unique project with a total of 96 units in 2 beautiful buildings that offer both luxury and privacy to a discerning buyer. This exquisitely appointed corner residence in the South Tower has sweeping, unobstructed views of Biscayne Bay and the magnificent Miami Skyline. The unit is 4,933 sq ft of living space with an additional 1,145 sq ft of wide beautiful terraces. With soaring 12 ft ceilings and wraparound floor to ceiling glass, this it truly Coconut Grove living at its best. There are 3 large bedrooms, 3.5 baths and a flex room that can be convertible to a 4th bedroom. The interiors were done for a discerning art collector, an open floor plan showcasing custom milled and finished oak, crafted specifically for the architecture of this unit. All the oak walls, doors and cabinetry throughout the unit were built by hand at the same studio, with consistency and beauty in mind. A chef kitchen features the finest appliances, custom cabinets, marble countertops, and a gas cooktop. The primary suite is entered through a private sitting area leading to a beautiful bedroom, spa bath, and an exceptional walk-in closet. The unit comes with a closed garage and 3 storage units. World class amenities include fitness center, spa, library pet spa, 3 heated pools and private restaurants.
Features
- Built-in Features
- Closet Cabinetry
- Cooking Island
- Entrance Foyer
- Volume Ceilings
- Walk-In Closet(s)
- Family Room
- Utility Room/Laundry
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 16 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.