2951 S Bayshore Dr # 1111, Miami FL 33133 | Miami-Dade County | A11999682
- $575,000
- Condominium
- 1
- 1
- 1
- 620 Sq Ft
- $575,000
Description
Discover the perfect blend of lifestyle and location, at the iconic Mutiny Hotel in the heart of Coconut Grove. This beautifully updated 1-bedroom, 1-bath residence features porcelain flooring throughout, an open renovated kitchen, a renovated bathroom, large windows that fill the unit with natural light, a new A/C unit, washer/dryer, and a fully built-out walk-in closet. Offered fully furnished, this turnkey residence is ideal as a primary home, pied-à-terre, or investment property. The Mutiny’s flexible short-term rental policy makes this an exceptional opportunity for owners seeking both personal enjoyment and revenue potential. Located on prestigious South Bayshore Drive, you are just steps from Coconut Grove’s best restaurants, cafés, boutiques, marinas, parks, and waterfront attractions, placing you in one of Miami’s most vibrant and walkable neighborhoods.
Property Overview
This is a 1-bedroom, 1-bath condominium of about 620 square feet at 2951 S Bayshore Dr # 1111, Miami FL 33133 (Miami 33133), listed at $575,000.
Monthly Costs, Stated Plainly
The monthly HOA fee is $1,005.
The tax of record is $8,584 (2025). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $11,500/yr (≈ $958/mo); with the homestead exemption on a primary residence, about $10,500/yr (≈ $875/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 2951 S Bayshore Dr # 1111 is $575,000. The unit is sold furnished, and fixtures and built-in appliances convey with the home.
Separate from the unit, the community provides access to a bar, bike storage, elevators, exercise room, exterior lighting, pool, sauna, and spa/hot tub. Contact Christopher Lazaro, Miami Real Estate Professional, to verify these details.
Where exactly is it, and what should I know about the location?
The property is located at 2951 S Bayshore Dr # 1111, Miami FL 33133, situated within the coastal corridor of Miami 33133. This unit is listed at $575,000 and contains one bedroom and one bathroom across approximately 620 sqft.
Contact Christopher Lazaro, Miami Real Estate Professional, to verify these location details.
What are the HOA / association fees, and what do they cover?
The monthly HOA fee is $1,005. This payment covers all amenities, building exterior, cable Tv, elevator, hot water, landscaping/lawn maintenance, legal/accounting, manager, parking, pest control interior, reserve fund, security, sewer, trash removal, and water.
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 Professional, to verify these details.
What are the property taxes and homestead implications?
The tax of record is $8,584 (2025). As an ESTIMATE ONLY, and because Florida reassesses at sale, the estimated taxes at this price and a Miami-Dade rate near 2.0% are about $11,500/yr (≈ $958/mo) without homestead, or about $10,500/yr (≈ $875/mo) with the homestead exemption, which lowers taxable value only for a primary residence.
Confirm these estimates, not quotes, with the Miami-Dade Property Appraiser and a tax professional. Contact Christopher Lazaro, Miami Real Estate Professional, to verify.
Is the home in a flood zone, and what does that mean?
Flood zones designate areas with different levels of risk for flooding. Lenders often require flood insurance in high-risk zones. You can find FEMA definitions and View the FEMA flood map for this address.
Contact Christopher Lazaro, Miami Real Estate Professional, to verify the specific requirements for this unit.
Are pets allowed?
Pets are allowed, with restrictions (or possible restrictions). 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 Professional, 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 $575,000 list price for this 620 sqft unit reflects a CMA for the building and vicinity.
I provide a Miami-specific CMA to buyers before they set an offer to ensure the price is grounded. Contact Christopher Lazaro, Miami Real Estate Professional, to verify these figures.
What financing step do you recommend before touring?
Secure a pre-approval before touring 2951 S Bayshore Dr # 1111 to ensure your budget aligns with the $575,000 list price. You should seek the advice of a Florida Licensed Mortgage Loan Officer to establish your buying power.
Contact Christopher Lazaro, Miami Real Estate Professional, to verify these details.
Monthly Fees & Carrying Costs
| Association Fee | $1,005 / month |
| Total Monthly Fees | $1,005 / month |
- Membership Required: No
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 MUTINY CONDO
Details
Updated on June 17, 2026 at 12:38 am-
Property ID A11999682
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Price $575,000
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Property Size 620 Sq Ft
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Bedroom 1
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Room 0
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Bathroom 1
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Garage 1
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Year Built 1998
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Type Condominium
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Property Status Active, Residential
Additional details
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Flooring Tile
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Bedroom Features Entry Level, Primary Bath Shower
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Cooling Central Air, Electric
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Association Type Condo
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Building THE MUTINY CONDO
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Association Fee Frequency Monthly
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Area The Mutiny Condo
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Annual Tax 8584
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Association Yes
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Elementary School Coconut Grove
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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 1
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Subdivision THE MUTINY CONDO
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Total Stories 12
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Restrictions Daily Rentals Allowed, No Restrictions
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Amenities Bar, Bike Storage, Elevator(s), Exercise Room, Exterior Lighting, Pool, Sauna, Spa/Hot Tub
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Parking 1 Space, Covered, Valet
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Heating Central, Electric
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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 620
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Covered Spaces 1
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Middle School Ponce De Leon
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Unit Floor 11
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View Bay, Ocean View, Water View
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Year Built Details Resale
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High School Coral Gables
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Pets Allowed Yes
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Attached Yes
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Unit Number 1111
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Half Bathrooms 0
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Flood Zone X
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New Construction No
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Garage Spaces 1
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Style Condo 5+ Stories
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Association Fee 1005
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Lot Size (Sq Ft) 0
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Membership Purchase Required No
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