2843 S Bayshore Dr 11C, Miami, FL 33133 — MLS photo

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2843 S Bayshore Dr 11C, Miami, FL 33133

Active · Condominium

$1,450,000

2843 S Bayshore Dr 11C, Miami, FL 33133

Beds
2
Baths
2
Living area
1,388 sq ft
$ / sq ft
$1,045/sq ft
Year built
1982
Lot size
—
HOA fee
$2,400
Annual tax
—

About this property

Wake up to open bay views and enjoy sunset skies over Coconut Grove from this spectacular 2-bedroom, 2-bathroom water-facing unit at Grove Towers. Overlooking Biscayne Bay, the 1,388 SF residence offers expansive water views framed by Coconut Grove’s mature tree canopy, with sailboats and greenery visible throughout the day. Features include a light-filled layout with impact windows and doors, expansive terraces, and a well-proportioned floor plan that emphasizes indoor-outdoor living. Living and bedroom spaces open directly to the balconies, allowing for consistent natural light and bay views from multiple rooms. Perfectly situated in one of the most sought-after neighborhoods of Coconut Grove, Grove Towers offers a wide variety of amenities including a heated pool and jacuzzi, tennis and pickleball courts, gym, BBQ area, storage, complimentary valet service, guest parking, EV charging stations, and one assigned garage parking space. Located just moments from the marina, sailing club, waterfront parks, cafés, boutiques, restaurants, and top-rated schools, the property offers convenient access to the best that Coconut Grove has to offer.

Property location

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2843 S Bayshore Dr 11C, Miami, FL 33133

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,388 sq ft

Exterior & Structure

Property type
Condominium
Year built
1982

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$2,400
County
Miami-Dade
MLS listing ID
A11946907
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$6,578

Cap rate
0.2%
Net yield
0.2%
Cash-on-cash return
-19.4%
Gross yield
5.4%
Mortgage payment
$6,874/mo
Down payment
$362,500
Loan amount
$1,087,500
Annual NOI
$3,549

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.