2831 S Bayshore Dr 603, Miami, FL 33133 — MLS photo

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2831 S Bayshore Dr 603, Miami, FL 33133

Active · Condominium

$1,500,000

2831 S Bayshore Dr 603, Miami, FL 33133

Beds
1
Baths
1
Living area
681 sq ft
$ / sq ft
$2,203/sq ft
Year built
2019
Lot size
—
HOA fee
$1,411
Annual tax
—

About this property

This 1-bedroom, 1-bathroom residence at Park Grove Club Residences is a rare opportunity to own in one of Coconut Grove’s finest bayfront buildings. Designed by some of the world’s leading creative minds, the residence features open living spaces, high ceilings, and refined finishes throughout. Park Grove remains one of the neighborhood’s most significant residential projects, offering a distinct approach to waterfront living in the Grove.

Property location

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2831 S Bayshore Dr 603, Miami, FL 33133

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
681 sq ft

Exterior & Structure

Property type
Condominium
Year built
2019

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,411
County
Miami-Dade
MLS listing ID
A12019735
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

-$6,956

Cap rate
0.1%
Net yield
0.1%
Cash-on-cash return
-19.9%
Gross yield
4.3%
Mortgage payment
$7,111/mo
Down payment
$375,000
Loan amount
$1,125,000
Annual NOI
$1,859

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