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Waterfront · Condominium
$2,300,000$1,795 / sqft
2831 S Bayshore Dr # 501, Miami FL 33133
Listed
3
Bedrooms
3
Bathrooms
1,281 sqft
Interior
2018
Year built
$2,025 / mo
HOA
Condominium
Type
About this home
Enjoy luxurious waterfront living in one of Coconut Grove's most prestigious residential communities. This exceptional residence offers views of Biscayne Bay and the marina, allowing abundant natural light to fill the space. Its meticulously designed interior features a gourmet kitchen, marble countertops, custom-built cabinetry throughout the home, and blackout electric blinds in every bedroom. The spacious primary suite includes double vanities and a spa-style bathroom with a double shower. Step out onto the balcony to enjoy your own private cold plunge pool. The property includes one assigned parking space and offers approximately 1,359 square feet of air-conditioned living space, plus a 201-square-foot private terrace, for a total of 1,560 square feet. The Club Residences offers exclusive access to a private rooftop pool, along with world-class amenities that include more than 550 feet of resort-style pool, lush gardens, a state-of-the-art fitness center, spa, private restaurant, concierge services, valet parking, and much more. Ideally located within walking distance of Coconut Grove's finest restaurants, cafés, marinas, parks, and boutiques.
Features
- Closet Cabinetry
- Other
- Open Balcony
- Other View
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
- 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 3-bed rentals in Coconut Grove, from 17 active listings; the middle half ask $15,700–$30,000.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.