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Waterfront · Condominium
$5,995,000$2,686 / sqft
2811 S Bayshore Dr # 15C, Miami FL 33133
Listed
2
Bedrooms
3
Bathrooms
2,232 sqft
Interior
2020
Year built
$4,732 / mo
HOA
Condominium
Type
About this home
Residence 15C occupies the 15th floor of Rem Koolhaas and OMA's Tower 1 at One Park Grove, the most distinguished of three towers within the six-acre Park Grove enclave in Coconut Grove. A private elevator opens onto a refined foyer. From there, approx. 2,232 sq ft of renovated interior space, per the developer's architectural measurement, unfold in an uninterrupted sequence of 12-ft ceilings, floor-to-ceiling glass and a 314 sqft terrace oriented toward Biscayne Bay - an entertainer's dream of seamless indoor-outdoor living. William Sofield's kitchens and baths establish the interior language. The eat-in kitchen, centered on a generous island with gas cooking and fully integrated Wolf and Sub-Zero appliances, flows seamlessly into the living and dining areas and outward to the terrace with incredible views. The primary suite is equally resolved - two walk-in closets and a spa bath appointed with a dual shower and extra closet space. A den provides the option of a third bedroom. Two and a half baths, one assigned parking space and a private storage unit complete the residence. Below, Enzo Enea's landscape and nearly 50,000 sq ft of amenities form the setting: bayfront pools and lush gardens, cabanas and lounges, BBQ areas, a pool side restaurant, a comprehensive spa, 6,000 sqft of fitness facilities, formal dining rooms, wine cellar, private theater and the assurance of 24hr valet, doorman and concierge. Residence 15C is where these elements converge with rare clarity.
Features
- Built-in Features
- Closet Cabinetry
- Cooking Island
- Entrance Foyer
- Split Bedroom
- Wet Bar
- Den/Library/Office
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 32 active listings; the middle half ask $3,275–$12,250.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.