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Buildings/Coconut Grove/GROVENOR HOUSE CONDO

Ultra Luxury

GROVENOR HOUSE CONDO

2627 S Bayshore Dr, Miami 33133

★ 4.4

2006

Year Built

166

Units

CI Score

Moderate

For Sale

$3.6M

Avg Price

$1,661

Sale $/SF

For Rent

$19,000

Avg Rent

$7.20

Rent $/SF

+6.5%

YoY

For Sale

For Rent

Investor-Owned

51%

Avg HOA

$3,609.84/mo

Grovenor House is an ultra-luxury waterfront condominium located in prestigious Coconut Grove on Bayshore Drive, offering 166 residences with unit sizes ranging from 1,595 to 7,061 square feet. Built in 2006, this sophisticated property caters to discerning residents seeking upscale bayfront living with commanding views and exclusive amenities. The building represents a premier address in Miami's most established and sought-after neighborhoods.

Building Details

Address

2627 S Bayshore Dr, Miami, 33133

Neighborhood

Coconut Grove

Year Built

2006

Total Units

166

Avg Unit Sqft

2,623 SF

Tier

Ultra Luxury

Avg $/SF

$1,660.72

Avg Rent

$19,000/mo

Rent $/SF

$7.20/SF

HOA Range

$2,719 – $4,500.67

Google Rating

4.4 (54 reviews)

Neighborhood Rank

Top 2%

Avg Unit Value

$3.0M

Total Sales (All-Time)

552

Phone

(305) 854-1223

Amenities

Waterfront locationPoolFitness centerConciergeValet parkingLobbyElevatorSecurity

Visit Building Website →

Investment Analysis

Market Data

Sale Price Trend ($/SF)

$1,661

+7.9%

Rental Price Trend ($/SF)

$7.07

+7.3%

Building Activity

Days on Market

101

days

Sitting longer

Months of Inventory

12.0

months

Buyer's market

Sale-to-List Ratio

94.1%

Fair negotiation

Price Reductions

100%

of listings

Many price cuts

Closed Sales (120d)

transactions

Low volume

Sales & Listings

Active Listings

For Sale (6)

$2.4M

2 bd3 ba1,595 sf

$2.6M

Unit 1408

2 bd3 ba1,595 sf

$1661/SF4 DOM

$2.9M

2 bd3 ba1,756 sf

$4.3M

3 bd4 ba2,640 sf

$5.2M

Unit 1803

3 bd4 ba2,640 sf

$7.0M

Unit 2904

3 bd4 ba2,640 sf

$2650/SF6 DOM

For Rent (1)

$19K

3 bd4 ba2,640 sf

$7/SF164 DOM

Recent Sales

Date	Price	$/SF	Bed/Bath	SF
Jan 15, 2026	$13.6M	$1,968.93	5/8	6,920
Jan 5, 2026	$2.4M	$1,352.51	2/3	1,756
Jul 1, 2025	$4.9M	$1,865.53	3/4	2,640
Jun 30, 2025	$4.9M	$1,865.53	3/3	2,640
Jun 24, 2025	$2.6M

Units & Ownership

Total Units

166

Avg Sqft

2,623 SF

Avg Assessed

$2.3M

Owner-Occupied

49%

Tax & Ownership

Investor-Owned

51%

Owner-Occupied

49%

Avg Assessed Value

$2.3M

Avg Taxable Value

$2.3M

Effective Year Built

2006

Zoning

6110

Unit Mix

2 BR64

Avg 1,701 SF

3 BR76

Avg 2,688 SF

4 BR26

Avg 4,705 SF

Unit Directory

Showing 10 of 166 units

Unit	Beds	Baths	SF	Assessed	Owner	Last Sale	$/SF	Sale Date
501	3	3	2,333	$1.7M	—	$875K	$375	Feb 2006
502	3	3	2,333	$1.7M	—	$1.7M	$718	May 2016
503	3	3	2,640	$2.2M	✓	$1.7M	$644	Oct 2022
504	3	3	2,640	$2.7M	—	$2.8M	$1,045	Apr 2022
505	2	2	1,756	$1.7M	—	$1.9M	$1,073	Oct 2023
506	2	2	1,756	$1.5M	—	$1.3M	$726	May 2021
507	2	2	1,595	$915K	—	$810K	$508	Jan 2021
508	2	2	1,595	$670K	✓	$495K	$310	Jan 2006
601	3	3	2,333	$1.1M	✓	$895K	$384	Jan 2006
602	3	3	2,333	$1.4M	✓	$1.5M	$660	Feb 2015

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GROVENOR HOUSE CONDO

Building Details

Investment Analysis

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Market Data

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