NOT LISTED FOR SALE

Park Grove 2811 S Bayshore Dr Unit PH-A Miami, FL 33133

Northeast Coconut Grove Neighborhood

Estimated Value: $6,442,000 - $22,578,818

5 Beds
6.5 Baths
6,421 Sq Ft
$12,406/mo HOA Fee

Last Sold February 14, 2025

Last sale price $22,500,000 $3,504 Per Sq Ft

Est. 43% decrease in value since last sale

Current estimated payment $92,645/month

22 Days on Market

Highlights

  • Valet Parking
  • Ocean View
  • Penthouse
  • Coconut Grove Elementary School Rated A
  • Fitness Center
  • 2-minute walk to Regatta Park

About This Home

As of February 2025

Indulge in the epitome of luxury living in this extraordinary 7,403 sq ft penthouse at One Park Grove, Coconut Grove's crown jewel, only steps from the Grove's vibrant scene. Boasting panoramic unobstructed views of the Bay, 5 spacious bedrooms with Italian closets by Poliform, expansive living areas, 2 dedicated offices, spacious laundry/flex space, wine cellar, and full home automation system, this unique residence offers unparalleled comfort and sophistication. Additional amenities include 3 parking spaces, private storage, and private mud room perfect for storing bikes, strollers, and other items. Enjoy access to a private gym and resort-style amenities in a masterpiece penthouse in one of Miami's most desirable locations.

Last Agent to Sell the Property

Judith Zeder

Coldwell Banker Realty License #0650944 Listed on: 11/19/2024

Coldwell Banker Realty

Co-Listed By

Nathan Zeder

Coldwell Banker Realty License #3058239

Last Buyer's Agent

Julian Cohen

Douglas Elliman License #3250730

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $108,146

Year Built

  • Built in 2020

HOA Fees

  • $12,406 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

Home Design

  • Penthouse
  • Studio

Interior Spaces

  • 6,421 Sq Ft Home
  • Wet Bar
  • Built-In Features
  • Vaulted Ceiling
  • Drapes & Rods
  • Entrance Foyer
  • Family Room
  • Open Floorplan

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Split Bedroom Floorplan
  • Studio bedroom
  • Closet Cabinetry
  • Maid or Guest Quarters
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer

Home Security

Schools

  • Coconut Grove Elementary School
  • Ponce De Leon Middle School
  • Coral Gables High School

Utilities

  • Central Heating and Cooling System
  • Water Softener Leased

Additional Features

  • Accessible Elevator Installed
  • East Facing Home

Listing and Financial Details

  • Assessor Parcel Number 01-41-21-454-0630

Community Details

Overview

  • High-Rise Condominium
  • One Park Grove Condos
  • C.G.B. Subdivision
  • 32-Story Property

Amenities

  • Valet Parking
  • Secure Lobby
  • Elevator

Recreation

  • Community Playground

Pet Policy

  • Breed Restrictions

Security

  • Secure Elevator
  • High Impact Windows
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$108,146

Year Built

Built in 2020

Lot Details

0

HOA Fees

$12,406 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2020
  • Property Sub Type: Condominium
  • Architectural Style: High Rise, Penthouse
  • Co List Office Mls Id: CBRE52
  • Co List Office Phone: 305-667-4815
  • Entry Level: 32
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: C.G.B. SUBDIVISION
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Gas Range, Refrigerator, Wall Oven, Water Softener Rented
  • Interior Amenities: Bar, Built-in Features, Closet Cabinetry, Elevator, Entrance Foyer, Other, Pantry, Split Bedroom, Volume Ceilings, Wet Bar, Family Room, Maid/In-Law Quarters, Studio Apartment, Utility Room/Laundry
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Furnished: Unfurnished
  • Living Area: 6421
  • Possible Use: Unknown/Withheld
  • Stories: 32
  • Window Features: Clear Impact Glass, Complete Impact Glass, Drapes, High Impact Windows, Impact Glass
  • Bedroom Features: Entry Level, Sitting Area - Primary Bedroom, Studio
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen, Kitchen Dining
  • Living Room Features: Family Room, Maid/In-Law Quarters, Other, Studio Apartment, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Bay, Ocean View, Other View
  • Exterior Features: Open Balcony
  • Construction Type: Other
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: One Park Grove
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: 2 Or More Spaces, Valet

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Elevator Secure, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 12406
  • Amenities: Child Play Area, Elevator(s), Exercise Room, Exterior Lighting
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Coconut Grove
  • High School: Coral Gables
  • Middle Or Junior School: Ponce De Leon

Lot Info

  • Parcel Number: 01-41-21-454-0630
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 108146

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2024
Closed on
Feb 14, 2025
Sold by
Two Park Grove Ph-A Trust and Almazan Alexander
Bought by
Mckillen Ryan D and Mckillen Margaret A
Seller's Agent
Judith Zeder
Coldwell Banker Realty
Buyer's Agent
Julian Cohen
Douglas Elliman
List Price
$24,500,000
Sold Price
$22,500,000
Premium/Discount to List
-$2,000,000
-8.16%
Total Days on Market
22
Views
5
Current Estimated Value
$12,749,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,750,727
Avg. Annual Appreciation
-90.66%
Original Mortgage
$12,000,000
Outstanding Balance
$11,973,670
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
-$1,926,595
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mckillen Ryan D $22,500,000 Clear Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckillen Ryan D $12,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2025 02/14/25 Sold $22,500,000 -8.2% $3,504 / Sq Ft
12/11/2024 12/11/24 Pending -- -- --
11/19/2024 11/19/24 For Sale $24,500,000 -- $3,816 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $108,146 $10,725,000 -- --
2023 $108,146 $3,090,824 $0 $0
2022 $90,806 $2,809,840 $0 $0
2021 $165,723 $7,800,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Judith Zeder

    Seller's Agent in 2025

    Judith Zeder

    Coldwell Banker Realty

    (786) 822-0989

    42 in this area

    351 Total Sales

    Judith Zeder
    Section Image
  • Nathan Zeder

    Seller Co-Listing Agent in 2025

    Nathan Zeder

    Coldwell Banker Realty

    (786) 252-4023

    23 in this area

    173 Total Sales

    Nathan Zeder
    Section Image

  • J

    Buyer's Agent in 2025

    Julian Cohen

    Douglas Elliman

    (305) 775-3953

    2 in this area

    46 Total Sales

    Julian Cohen
    Section Image
See All Agents

About Park Grove

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11678713

MIAMI REALTORS® MLS

APN: 01-4121-454-0630

Florida Miami/Dade County Miami 33133 Northeast Coconut Grove

2811 S Bayshore Dr Unit PH-A, Miami, FL

This home is located at 2811 S Bayshore Dr Unit PH-A, Miami, FL 33133 since 19 November 2024 and is currently estimated at $12,749,273, approximately $1,985 per square foot. This property was built in 2020. 2811 S Bayshore Dr Unit PH-A is a home located in Miami-Dade County with nearby schools including Coconut Grove Elementary School, Ponce de Leon Middle School, and Coral Gables Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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