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2811 S Bayshore Drive, Miami 33133
2020
Year Built
66
Units
CI Score
Strong
—
For Sale
—
Avg Price
$2,165
Sale $/SF
1
For Rent
$38,000
Avg Rent
$11.70
Rent $/SF
+7.9%
YoY
For Sale
0
For Rent
1
Investor-Owned
50%
Avg HOA
—
Park Grove Residences is a premium waterfront condominium located at 2811 S Bayshore Drive in the prestigious Coconut Grove neighborhood of Miami. Completed in 2020, this 66-unit development features spacious residences ranging from studios to 4-bedroom units, with floor plans between 1,967 and 7,860 square feet. The building offers direct Bayshore access in one of Miami's most desirable and established residential communities.
Address
2811 S Bayshore Drive, Miami, 33133
Neighborhood
Coconut Grove
Year Built
2020
Total Units
66
Avg Unit Sqft
3,000 SF
Tier
Ultra Luxury
Avg $/SF
$2,165.17
Avg Rent
$38,000/mo
Rent $/SF
$11.70/SF
Neighborhood Rank
Top 1%
Avg Unit Value
$6.3M
Total Sales (All-Time)
90
Amenities
Sale Price Trend ($/SF)
$2,165
Rental Price Trend ($/SF)
$0.00
Building Activity
Days on Market
46
days
Normal pace
Months of Inventory
0.0
months
Low supply
Sale-to-List Ratio
93.3%
Fair negotiation
Price Reductions
100%
of listings
Many price cuts
Closed Sales (120d)
1
transactions
Low volume
Active Listings
For Rent (1)

$38K
Unit 4ARecent Sales
| Date | Price | $/SF | Bed/Bath | SF |
|---|---|---|---|---|
| Feb 27, 2026 | $7.0M | $2,165.17 | —/— | 3,233 |
| May 14, 2025 | $12.5M | $3,849.71 | 4/5 | 3,247 |
| Feb 7, 2025 | $22.5M | $3,849.44 | —/— | 5,845 |
| Dec 17, 2024 | $8.5M | $2,617.8 | 4/5 | 3,247 |
| Jul 17, 2024 | $7.3M | $2,867.24 | 2/2 | 2,546 |
| May 24, 2024 | $7.2M | $2,827.97 | 3/3 | 2,546 |
| Apr 15, 2024 | $4.4M | $1,730.24 | 3/3 | 2,543 |
| Feb 28, 2024 | $4.8M | $2,419.93 | 2/2 | 1,967 |
| Feb 8, 2024 | $10.7M | $3,295.35 | 4/5 | 3,247 |
| Dec 18, 2023 | $8.3M | $2,540.81 | 4/5 | 3,247 |
Total Units
66
Avg Sqft
3,000 SF
Avg Assessed
$4.6M
Owner-Occupied
50%
Tax & Ownership
Investor-Owned
50%
Owner-Occupied
50%
Avg Assessed Value
$4.6M
Avg Taxable Value
$4.6M
Effective Year Built
2020
Zoning
6110
Unit Mix
Avg 5,303 SF
Avg 2,386 SF
Avg 2,545 SF
Avg 3,247 SF
Unit Directory
Showing 10 of 66 units| Unit | Beds | Baths | SF | Assessed | Owner | Last Sale | $/SF | Sale Date |
|---|---|---|---|---|---|---|---|---|
| 4A | 4 | 5 | 3,247 | $4.5M | — | $4.1M | $1,263 | Mar 2021 |
| 4B | 3 | 3 | 2,543 | $3.5M | — | $4.4M | $1,730 | Apr 2024 |
| 4C | 2 | 2 | 1,967 | $2.6M | — | $2.1M | $1,047 | Jun 2020 |
| 4D | 2 | 2 | 2,546 | $3.0M | — | $2.7M | $1,045 | Dec 2020 |
| 5A | 4 | 5 | 3,247 | $6.5M | ✓ | $8.5M | $2,618 | Dec 2024 |
| 5B | 3 | 3 | 2,543 | $3.6M | ✓ | $2.7M | $1,062 | Jun 2020 |
| 5C | 2 | 2 | 1,967 | $2.6M | — | $2.2M | $1,106 | Jun 2020 |
| 5D | 2 | 2 | 2,546 | $2.6M | ✓ | $3.0M | $1,178 | Aug 2020 |
| 6A | 4 | 5 | 3,247 | $4.1M | — | $8.3M | $2,541 | Dec 2023 |
| 6B | 3 | 3 | 2,543 | $3.1M | — | $3.1M | $1,205 | Aug 2020 |

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Neighborhood
Coconut Grove →
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Building Snapshot