2675 S Bayshore Dr # 402S, Miami FL 33133 | Miami-Dade County | A11990673
- $7,850,000
- Condominium
- 5
- 5.5
- 2
- 3950 Sq Ft
- $7,850,000
Description
A rare opportunity to experience elevated living in Coconut Grove’s most iconic architectural masterpiece, Grove at Grand Bay. This expansive 5-bedroom, 5.5-bath residence offers approximately 3,950 SF of beautifully designed interior space, highlighted by custom Italian marble flooring and refined finishes throughout. Floor-to-ceiling glass fills the home with natural light, creating a seamless connection between indoor comfort and the lush surroundings of the Grove. The residence features generous living and entertaining areas, designed for both privacy and sophistication. Residents enjoy a full-service lifestyle with concierge, valet, rooftop pool, spa, and state-of-the-art fitness center. Perfectly positioned along South Bayshore Drive, just moments from waterfront parks, marinas, and Coconut Grove’s premier dining and shopping destinations. A truly exceptional home in one of Miami’s most desirable neighborhoods.
Property Overview
This is a 5-bedroom, 5.5-bath condominium of about 3950 square feet at 2675 S Bayshore Dr # 402S, Miami FL 33133 (Miami 33133), listed at $7,850,000.
Monthly Costs, Stated Plainly
The monthly HOA fee is $6,587.
The tax of record is $56,632 (2025). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $157,000/yr (≈ $13,083/mo); with the homestead exemption on a primary residence, about $156,000/yr (≈ $13,000/mo). Confirm with the Miami-Dade Property Appraiser and a tax professional — these are estimates, not quotes.
Frequently Asked Questions
What is the list price, and what typically conveys with a home like this?
The list price for 2675 S Bayshore Dr # 402S is $7,850,000. Fixtures and built-in appliances generally convey with the home, but the MLS record does not state if the property is furnished; you must confirm exactly which items convey.
Shared community amenities include the pool, sauna, spa/hot tub, exercise room, library, community room, child play area, bike storage, and elevators. Contact Christopher Lazaro, Miami Real Estate Realtor, to verify specific inclusions.
Where exactly is it, and what should I know about the location?
The property is located at 2675 S Bayshore Dr # 402S, Miami FL 33133, situated along the coastal corridor. This unit features 5 bedrooms and 5.5 bathrooms across approximately 3950 sqft and is listed at $7,850,000.
Contact Christopher Lazaro, Miami Real Estate Realtor, to verify these details.
What are the HOA / association fees, and what do they cover?
The monthly HOA fee is $6,587. This fee covers the building exterior and all amenities. The community is subject to city ordinances found at https://library.municode.com/fl/miami/codes/code_of_ordinances.
Contact Christopher Lazaro, Miami Real Estate Realtor, to verify these details.
What are the property taxes and homestead implications?
The tax of record is $56,632 (2025). As an ESTIMATE ONLY, because Florida reassesses at sale, the cost at this price and a Miami-Dade rate near 2.0% is about $157,000/yr (≈ $13,083/mo) without homestead, or about $156,000/yr (≈ $13,000/mo) with the homestead exemption on a primary residence.
Florida's homestead exemption lowers taxable value only for a primary residence. These are ESTIMATES, not quotes; confirm all figures with the Miami-Dade Property Appraiser and a tax professional. Contact Christopher Lazaro, Miami Real Estate Realtor, to verify.
Is the home in a flood zone, and what does that mean?
Flood zones identify areas prone to inundation, and you can find the official definitions at https://www.fema.gov/glossary/flood-zones. View the FEMA flood map for this address to see the specific designation for this unit. Lenders often require flood insurance in high-risk zones.
Contact Christopher Lazaro, Miami Real Estate Realtor, to verify these details.
Are pets allowed?
Pets are allowed, with restrictions (or possible restrictions) according to the MLS record. We will pull the association's exact current pet rules for this unit on request.
Separate federal accommodation rules apply if a documented service animal or ESA is involved. Contact Christopher Lazaro, Miami Real Estate Realtor, to verify these details.
How is the price set and is there room to negotiate?
Miami-Dade condos have recently been closing at 94% of list, about 64 days on market (MIAMI REALTORS®, May 2026). The $7,850,000 price for 2675 S Bayshore Dr # 402S is derived from a CMA focused on this specific building and vicinity.
I will provide a Miami-specific CMA to ensure your offer is accurate. Contact Christopher Lazaro, Miami Real Estate Realtor, to verify these details.
What financing step do you recommend before touring?
Secure a pre-approval before touring 2675 S Bayshore Dr # 402S to establish your buying power for this $7,850,000 residence. You should speak with a Florida-licensed MLO to confirm your financing terms.
Contact Christopher Lazaro, Miami Real Estate Realtor, to verify these details.
Monthly Fees & Carrying Costs
| Association Fee | $6,587 / month |
| Total Monthly Fees | $6,587 / month |
- Membership Required: No
- Application Fee: $150 (one-time)
Have a question about this Miami listing?
Talk directly with Christopher Lazaro, your Miami real estate advisor. No pressure — real answers.
Address
Open on Google Maps-
Address: Bayshore Dr
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City: Miami
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State/county: Miami-Dade County
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Zip/Postal Code: 33133
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Area: The Grove
Details
Updated on August 19, 2026 at 5:44 am-
Property ID A11990673
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Price $7,850,000
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Property Size 3950 Sq Ft
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Bedrooms 5
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Room 0
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Bathrooms 5.5
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Garages 2
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Year Built 2016
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Type Condominium
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Property Status Active, Residential
Additional details
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Flooring Marble, Wood
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Bedroom Features Entry Level, None, Other
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Cooling Central Air
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Association Type Condo
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Building The Grove at Grand Bay
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Association Fee Frequency Monthly
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Area The Grove
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Annual Tax 56632
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Association Yes
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Private Pool No
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Listing Terms All Cash, Conventional
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Waterfront No
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Full Bathrooms 5
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Subdivision The Grove
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Total Stories 22
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Restrictions No Daily Rentals, Ok To Lease, Other Restrictions
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Maintenance Includes All Amenities, Building Exterior
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Amenities Bike Storage, Child Play Area, Community Room, Elevator(s), Exercise Room, Library, Other, Pool, Sauna, Spa/Hot Tub
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Parking 2 Or More Spaces
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Heating Central
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Structure Type Condo 5+ Stories, Condo
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Tax Year 2025
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Construction CBS Construction
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Building Area 3950
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Covered Spaces 2
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Unit Floor 4
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View Ocean View
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Year Built Details Effective Year Built
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Pets Allowed Yes
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Attached Yes
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Unit Number 402S
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Half Bathrooms 1
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Flood Zone X
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Patio / Porch Open Balcony
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New Construction No
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Garage Spaces 2
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Style Condo 5+ Stories
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Association Fee 6587
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Lot Size (Sq Ft) 0
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Membership Purchase Required No
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