Get Market Updates

Stay informed on Miami condo trends

What we cover

Price trendsNew listingsInvestment scoresNeighborhood insights

Free, no spam. Unsubscribe anytime.

Buildings/Coconut Grove/GROVE HILL TOWER CONDO

Ultra Luxury

GROVE HILL TOWER CONDO

2645 S BAYSHORE DR, Miami 33133

1996

Year Built

Units

CI Score

Moderate

For Sale

$1.8M

Avg Price

$2,057

Sale $/SF

—

For Rent

—

Avg Rent

$6.05

Rent $/SF

+5.4%

YoY

For Sale

For Rent

Investor-Owned

30%

Avg HOA

$2,598/mo

Grove Hill Tower is a luxury 76-unit condominium located on prestigious Bayshore Drive in the heart of Coconut Grove. Built in 1996, the building offers spacious residences ranging from 1,910 to 6,390 square feet with 2 to 6 bedrooms, providing an upscale waterfront lifestyle in one of Miami's most sought-after neighborhoods.

Building Details

Address

2645 S BAYSHORE DR, Miami, 33133

Neighborhood

Coconut Grove

Year Built

1996

Total Units

Avg Unit Sqft

2,184 SF

Tier

Ultra Luxury

Avg $/SF

$2,057.14

Rent $/SF

$6.05/SF

HOA Range

$2,598 – $2,598

Neighborhood Rank

Top 4%

Avg Unit Value

$1.8M

Total Sales (All-Time)

232

Amenities

Swimming PoolFitness CenterLobby with ConciergeElevator ServiceParking Garage24-Hour SecurityValet Parking

Investment Analysis

Yield Metrics

Rental Yield (annualized)—

YoY Appreciation+5.4%

Total Yield279.3%

Liquidity & Demand

Closed Sales (120d)0

Investor-Owned30%

For Sale1

For Rent0

Sales & Listings

Active Listings

For Sale (1)

$1.8M

Unit 405

2 bd2 ba875 sf

$2057/SF179 DOM

Recent Sales

Date	Price	$/SF	Bed/Bath	SF
Jul 31, 2025	$1.9M	$1,020.94	2/2	1,910
Jun 5, 2025	$2.9M	$1,272.32	3/3	2,240
Apr 3, 2025	$1.8M	$942.41	2/2	1,910
Dec 23, 2024	$1.6M	$837.7	2/2	1,910
Dec 26, 2023	$2.0M	$1,039.27	2/2	1,910
Sep 25, 2023	$1.9M	$1,004.87	2/2	1,910
Feb 15, 2023	$518K	$231.25	3/3	2,240
Aug 25, 2022	$1.8M	$942.41	2/2	1,910
Jul 22, 2022	$2.3M	$1,026.79	3/3	2,240
Oct 1, 2021	$1.7M	$890.05	2/2	1,910
Apr 20, 2021	$1.1M	$586.39	2/2	1,910
Apr 8, 2021	$865K	$452.88	2/2	1,910
Apr 8, 2021	$875K	$458.12	2/—	1,910
Dec 7, 2020	$1.7M	$774.55	3/3	2,240
Nov 2, 2020	$1.2M	$540.18	3/3	2,240
Jun 29, 2020	$1.4M	$636.16	3/3	2,240
Jun 15, 2020	$1.0M	$541.88	2/2	1,910
Mar 20, 2020	$1.1M	$575.92	2/2	1,910
Mar 4, 2020	$1.4M	$613.84	3/3	2,240
Dec 12, 2019	$1.2M	$636.13	2/2	1,910
May 28, 2019	$1.0M	$547.12	2/2	1,910
May 13, 2019	$1.5M	$658.48	3/3	2,240
Mar 11, 2019	$1.1M	$509.82	3/3	2,240
Jun 20, 2018	$1.2M	$535.71	3/3	2,240
Apr 27, 2018	$1.3M	$580.36	3/3	2,240

Units & Ownership

Total Units

Avg Sqft

2,184 SF

Avg Assessed

$1.1M

Owner-Occupied

70%

Tax & Ownership

Investor-Owned

30%

Owner-Occupied

70%

Avg Assessed Value

$1.1M

Avg Taxable Value

$1.1M

Effective Year Built

1996

Zoning

6110

Unit Mix

2 BR39

Avg 1,910 SF

3 BR36

Avg 2,364 SF

6 BR1

Avg 6,390 SF

Unit Directory

Showing 10 of 76 units

Unit	Beds	Baths	SF	Assessed	Owner	Last Sale	$/SF	Sale Date
201	2	2	1,910	$364K	✓	$580K	$304	Jul 2007
202	2	2	1,910	$717K	✓	$890K	$466	May 2015
203	3	3	2,240	$1.2M	—	$655K	$292	Jun 2002
204	3	3	2,240	$963K	✓	$1.1M	$511	Feb 2017
301	2	2	1,910	$1.3M	✓	$865K	$453	Apr 2021
302	2	2	1,910	$750K	✓	$598K	$313	Mar 2012
303	3	3	2,240	$1.3M	—	$660K	$295	Jul 1999
304	3	3	2,240	$1.3M	—	$700K	$313	Feb 2012
401	2	2	1,910	$879K	✓	$975K	$510	Nov 2015
402	2	2	1,910	$890K	✓	$1.7M	$890	Oct 2021