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2821 S Bayshore Dr., Miami 33133
2018
Year Built
73
Units
CI Score
Strong
1
For Sale
$5.8M
Avg Price
$2,272
Sale $/SF
1
For Rent
$35,000
Avg Rent
$13.82
Rent $/SF
+11.7%
YoY
For Sale
1
For Rent
1
Investor-Owned
56%
Avg HOA
$3,339/mo
Two Park Grove is a 73-unit residential building located in the prestigious Coconut Grove neighborhood on Bayshore Drive, completed in 2018. The building offers spacious floor plans ranging from studios to 5-bedroom residences, with unit sizes between 1,954 and 5,834 square feet, catering to both owner-occupants and investors. With an investment score of 81.49/100 and strong rental performance, it represents a solid opportunity in Miami's waterfront community.
Address
2821 S Bayshore Dr., Miami, 33133
Neighborhood
Coconut Grove
Year Built
2018
Total Units
73
Avg Unit Sqft
2,679 SF
Tier
Ultra Luxury
Developer
Terra
Avg $/SF
$2,271.77
Avg Rent
$35,000/mo
Rent $/SF
$13.82/SF
HOA Range
$3,339 – $3,339
Neighborhood Rank
Top 100%
Avg Unit Value
$3.8M
Total Sales (All-Time)
127
Amenities
Sale Price Trend ($/SF)
$2,100
Rental Price Trend ($/SF)
$10.27
Building Activity
Days on Market
84
days
Normal pace
Months of Inventory
2.0
months
Low supply
Sale-to-List Ratio
89.6%
Buyers negotiating
Price Reductions
100%
of listings
Many price cuts
Closed Sales (120d)
2
transactions
Low volume
Active Listings
For Sale (1)

$5.8M
Unit 6BFor Rent (1)

$35K
Unit 7BRecent Sales
| Date | Price | $/SF | Bed/Bath | SF |
|---|---|---|---|---|
| Dec 1, 2025 | $14.0M | $2,161.83 | 5/7 | 6,476 |
| Oct 14, 2025 | $6.6M | $2,041.45 | 4/5 | 3,233 |
| Jul 15, 2025 | $6.9M | $2,134.24 | 4/5 | 3,233 |
| Jun 19, 2025 | $6.0M | $2,345.58 | 3/3 | 2,558 |
| Apr 1, 2025 | $3.6M | $1,845.14 | 2/2 | 1,954 |
| Mar 3, 2025 | $6.7M | $2,056.91 | 4/5 | 3,233 |
| Mar 3, 2025 | $9.0M | $2,771.79 | 4/5 | 3,247 |
| Sep 15, 2023 | $377K | $192.84 | 2/2 | 1,954 |
| Sep 15, 2023 | $1.3M | $642.78 | 2/2 | 1,954 |
| Jul 20, 2023 | $3.5M | $1,348.71 | 3/3 | 2,558 |
| Jul 11, 2023 | $17.5M | $2,999.66 | —/— | 5,834 |
| Jul 7, 2023 | $4.0M | $1,553.95 | 3/3 | 2,558 |
| Apr 27, 2023 | $3.2M | $1,637.67 | 2/2 | 1,954 |
| Mar 30, 2023 | $5.0M | $1,954.65 | 3/3 | 2,558 |
| Mar 6, 2023 | $3.2M | $1,650.46 | 2/2 | 1,954 |
| Jan 31, 2023 | $4.2M | $1,641.91 | 3/3 | 2,558 |
| Jan 3, 2023 | $4.7M | $1,453.76 | 4/5 | 3,233 |
| Dec 14, 2022 | $4.2M | $1,641.91 | 3/3 | 2,558 |
| Nov 30, 2022 | $4.1M | $1,623.22 | 3/3 | 2,532 |
| Aug 8, 2022 | $3.5M | $1,816.79 | 2/2 | 1,954 |
| Jun 2, 2022 | $3.4M | $1,727.23 | 2/2 | 1,954 |
| May 25, 2022 | $4.0M | $1,579.38 | 3/3 | 2,532 |
| Apr 19, 2022 | $5.4M | $1,670.28 | 4/5 | 3,233 |
| Apr 19, 2022 | $5.2M | $1,608.41 | 4/5 | 3,233 |
| Jan 28, 2022 | $4.5M | $1,741 | —/— | 2,556 |
Total Units
73
Avg Sqft
2,679 SF
Avg Assessed
$3.2M
Owner-Occupied
44%
Tax & Ownership
Investor-Owned
56%
Owner-Occupied
44%
Avg Assessed Value
$3.2M
Avg Taxable Value
$3.1M
Effective Year Built
2018
Zoning
6110
Unit Mix
Avg 3,374 SF
Avg 1,954 SF
Avg 2,546 SF
Avg 3,236 SF
Avg 5,834 SF
Unit Directory
Showing 10 of 73 units| Unit | Beds | Baths | SF | Assessed | Owner | Last Sale | $/SF | Sale Date |
|---|---|---|---|---|---|---|---|---|
| 4A | 4 | 5 | 3,233 | $2.3M | ✓ | $2.8M | $851 | Aug 2018 |
| 4B | 3 | 3 | 2,532 | $2.6M | — | $2.3M | $908 | Feb 2020 |
| 4C | 2 | 2 | 1,954 | $2.2M | ✓ | $1.7M | $870 | Mar 2021 |
| 4D | 3 | 3 | 2,558 | $1.9M | — | $3.5M | $1,349 | Jul 2023 |
| 5A | 4 | 5 | 3,233 | $3.1M | ✓ | $2.8M | $851 | Feb 2021 |
| 5B | 3 | 3 | 2,532 | $2.0M | ✓ | $2.5M | $968 | Aug 2018 |
| 5C | 2 | 2 | 1,954 | $1.6M | ✓ | $1.8M | $896 | Aug 2018 |
| 5D | 3 | 3 | 2,558 | $2.9M | — | $3.3M | $1,290 | Aug 2021 |
| 6A | 4 | 5 | 3,233 | $3.0M | — | $2.8M | $866 | Sep 2019 |
| 6B | 3 | 3 | 2,532 | $2.8M | — | $2.1M | $849 | Feb 2021 |
Top Agents in This Building

Compass
Douglas Elliman
Douglas Elliman
Luxe Properties
Cervera Real Estate
Compass
Compass
Douglas EllimanTop Brokerages in This Building
| Brokerage | Agents | Sales | Volume |
|---|---|---|---|
Douglas Elliman | 11 | 23 | $98.8M |
Compass | 11 | 19 | $80.0M |
Fortune International Realty | 3 | 6 | $21.4M |
Luxe Properties | 1 | 1 | $17.5M |
Coldwell Banker | 4 | 5 | $14.8M |





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Neighborhood
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Building Snapshot