2627 S Bayshore Dr 3201, Miami, FL 33133 — MLS photo

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2627 S Bayshore Dr 3201, Miami, FL 33133

Active · Condominium

$20,900,000

2627 S Bayshore Dr 3201, Miami, FL 33133

Beds
5
Baths
8
Living area
7,061 sq ft
$ / sq ft
$2,960/sq ft
Year built
2006
Lot size
—
HOA fee
$30,826 Quarterly
Annual tax
$178,557

About this property

Positioned high above Coconut Grove, this remarkable 11,810 SF penthouse at Grovenor House defines contemporary waterfront living. Encompassing 5 bedrooms and 5 full plus 3 half baths, the residence is crowned by a private rooftop retreat complete with its own pool and sweeping panoramic views of Biscayne Bay and the Miami skyline. Thoughtfully designed with a balance of sophistication and comfort, the interiors showcase intricate ceiling details, bespoke millwork, and rich hardwood flooring. A temperature-controlled wine cellar with capacity for over 300 bottles complements the custom-designed chef’s kitchen. Expansive floor-to-ceiling glass doors lead to a generous wraparound terrace, creating a seamless indoor-outdoor experience. Additional highlights include private elevator access, a rooftop summer kitchen with service lift, automated window treatments, and a fully integrated smart home system, delivering a truly elevated residential experience. Residents of Grovenor House enjoy access to world-class amenities including an infinity-edge pool with private cabanas and wet bar, a full-service spa, state-of-the-art fitness center, tennis court, meditation and Zen gardens with lush banyan and oak trees, entertainment lounge with catering kitchen, children’s playground, dog park, and 24-hour concierge, valet, and security services. The building also offers the exclusive “Grovenor Link” concierge technology service.

Property location

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2627 S Bayshore Dr 3201, Miami, FL 33133

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Facts & features

Interior

Bedrooms
5
Bathrooms
8
Living area
7,061 sq ft
Flooring
Hardwood, Marble, Tile, Wood
Appliances
Built In Oven, Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Built In Features, Bedroom On Main Level, Bathtub, Closet Cabinetry, Entrance Foyer, Elevator, First Floor Entry, High Ceilings, Living Dining Room, Sitting Area In Primary, Split Bedrooms

Exterior & Structure

Property type
Condominium
Year built
2006
Stories
32
Architectural style
High Rise, Penthouse
Construction
Block, Other
Exterior features
Balcony, Barbecue, Deck, Security High Impact Doors, Other
Pool
Heated
Waterfront
Bayfront
View
Bay, Ocean, Skyline

Parking

Garage spaces
4
Covered spaces
4
Parking features
Covered, Two Or More Spaces, Valet

HOA, Community & Financials

Association fee
$30,826 Quarterly
Fee inclusions
Common Areas, Cable Tv, Insurance, Internet, Maintenance Structure, Security, Trash, Water
Amenities
Clubhouse, Elevators, Fitness Center, Barbecue, Other, Picnic Area, Playground, Pickleball, Pool, Sauna, Spa Hot Tub, Tennis Courts
Security
Elevator Secured, Secured Garage Parking, Lobby Secured
Pets allowed
Conditional, Yes
Annual tax
$178,557
Subdivision
GROVENOR HOUSE CONDO
County
Miami-Dade
Days on market
161
MLS listing ID
A12014788
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

-$73,257

Cap rate
1.5%
Net yield
1.5%
Cash-on-cash return
-15.0%
Gross yield
4.0%
Mortgage payment
$99,077/mo
Down payment
$5,225,000
Loan amount
$15,675,000
Annual NOI
$309,841

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