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Waterfront · Condominium
$2,499,999$2,392 / sqft
2655 S Bayshore # 1506, Coconut Grove FL 33133
Listed
2
Bedrooms
3
Bathrooms
1,045 sqft
Interior
2024
Year built
$2,612 / mo
HOA
Condominium
Type
About this home
Unit is currently rented through December 2026, buy today and start collecting rental income. 3 deeded tandem parking spaces in covered parking garage included. Parking for EV vehicles available & valet. Pet friendly building! An exquisite opportunity to embrace waterfront living in brand new development(2024) known as Mr.C Residences "Bayshore Tower", located within the booming neighborhood of Coconut Grove. Step into a world where sophistication meets comfort, 2 bedroom 2.5 bathroom condo has 1046 SQ FT of living space w/170 SQ ft of balcony space, 11FT high ceilings w/ views from Biscayne Bay & Miami's finest skyline. Amenities: pool/spa for residents in the tower, business center, fitness center, sauna, children's play room, library & full service concierge reception, Butler service, 24 hour security, Italian market + eatery.
Features
- Vaulted Ceiling(s)
- East Of Us1
- Open Balcony
- Bay
- Skyline
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
- No Daily Rentals
- Ok To Lease
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
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 35 active listings; the middle half ask $2,500–$10,000.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.