Park Grove Club Residences Condos — Coconut Grove

2831 S Bayshore Dr, Miami (Coconut Grove), FL 33133 · Miami

5 for sale0 for rent$1.5M – $2.3M$2,197 / sqft median

About Park Grove Club Residences

Rising 23 stories at 2831 S Bayshore Dr in Coconut Grove, Park Grove Club Residences is a condominium tower, completed in 2018. It was developed by Terra Group · Related Group and designed by OMA.

5 residences are for sale right now, asking $1.5M to $2.3M (a median $2,197 per square foot). By size: 1 one-bedroom from $1.5M, 3 two-bedrooms from $1.7M and 1 three-bedroom from $2.3M.

Over the past twelve months 7 units closed at a median $2.8M ($2,093/sq ft), typically going under contract in about 60 days. Prices have firmed 44% year over year. By size, two-bedrooms sold for a median $2.4M, three-bedrooms sold for a median $4.5M and four-bedroom-plus residences sold for a median $7.0M. 12 leases were signed over the same period at a median $11,250 a month (one-bedrooms $6,800 and two-bedrooms $12,000).

Residents enjoy a sauna, a spa, a fitness center, a bar, a business center and clubhouse-clubroom.

Park Grove Club Residences Building Facts

The Building

Address
2831 S Bayshore Dr, Miami (Coconut Grove), FL 33133
Neighborhood
Coconut Grove
City
Miami, FL 33133
County
Miami-Dade County
Year built
2018
Stories
23
Bedrooms
1 – 4 bedrooms
Bathrooms
1 – 6 baths
Developer
Terra Group · Related Group
Architect
OMA
Construction
CBS Construction
Legal name
Club Residences At Park Grove Condominium

Ownership Costs & Rules

HOA fees
$1,411 – $3,423/mo
HOA average
$2,561/mo
HOA per sq ft
$2.48/sq ft per month
HOA includes
All Amenities, Security, Sewer, Trash Removal, Water, Building Exterior, Elevator, Manager
Pets
Allowed
Leasing
12 months minimum · up to 1× a year

Market — Last 12 Months

Closed sales
7
Median sold price
$2.8M
Median sold $/sq ft
$2,093
Median days on market
60 days
Leases signed
12
Median rent
$11,250/mo
Price change vs. prior year
+44%

Views, Parking & Security

Waterfront
Yes
Views
Bay, Other, Bay, Skyline
Parking
1 Space, Valet, Assigned
Security
Elevator Secure, Doorman, TV Camera

HOA, pet and leasing details are read from current MLS listings in the building and can vary by unit — confirm with the association before you buy.

Park Grove Club Residences Amenities

Pool, Spa & Fitness

  • Sauna
  • Spa/Hot Tub
  • Exercise Room
  • Pool
  • Community Pool

Security & Access

  • Security Patrol
  • Doorman
  • Card Entry

Social & Leisure

  • Bar
  • Clubhouse-Clubroom
  • Child Play Area
  • Clubhouse
  • Barbecue

Services & Building

  • Elevator(s)
  • Elevator Secure
  • Business Center
  • Bike Storage
  • Management On Site
  • Trash Chute

More Amenities

  • Community Room
  • Fire Sprinklers
  • TV Camera
  • Community
  • Fire Alarm

Park Grove Club Residences Residence Features

  • Dishwasher
  • Dryer
  • Open Balcony
  • Closet Cabinetry
  • Disposal
  • Microwave
  • Refrigerator
  • Walk-In Closet(s)
  • Washer
  • Bay
  • Cooking Island
  • Bar
  • Blinds
  • Built-in Features
  • Den/Library/Office
  • Fire Sprinklers
  • Gas Range
  • Other View
  • Wall Oven
  • Bay View
  • Ceramic Floor
  • Clear Impact Glass
  • Electric Range
  • Electric Water Heater

Features vary by residence — confirm details for any specific unit with us.

Floor Plans & Residences at Park Grove Club Residences

Residence configurations observed across current and recent Park Grove Club Residences listings:

ResidenceSize RangeFor SaleFor RentSale PricingAvg $/SqFt
1 Bed / 1 Bath681–689 sqft1—$1.5M$2,203
2 Bed / 2 Bath978–1,369 sqft3—$1.7M – $2.3M$1,943
3 Bed / 3 Bath1,281–1,954 sqft1—$2.3M$1,795

Derived from live MLS data — request official floor plans and we'll send the developer set for your line.

Park Grove Club Residences Listings

Park Grove Club Residences Market Report

Over the last 12 months, 7 condo sales closed in Park Grove Club Residences at a median of $2.8M ($2,093/sqft), median 60 days on market. Median sold prices are up 43.6% year-over-year. 12 leases were signed at a median of $11,250/mo ($11.01/sqft). Computed from recorded MLS closings; updates automatically.

0$5.0M$10MNovDecJanFebMarAprMayJunJulAugSepOctNov: $2.4M (1 sales)Dec: $1.7M (1 sales)Feb: $7.0M (2 sales)May: $4.5M (1 sales)Jul: $5.3M (2 sales)$2.4M$7.0M$5.3M
$2.8M
Median (12 mo)
7
Sales (12 mo)
60 days
Median DOM

Last 12 Months by Bedroom Count

ResidenceSalesMedian SoldSold $/SqFtDOMLeasesMedian RentRent $/SqFt
1 Bed1$1.3M$1,836155$6,800$9.78
2 Bed2$2.4M$2,2471326$12,000$11.47
3 Bed2$4.5M$2,3031621$15,500$12.10
4+ Bed2$7.0M$2,16582———
Month-by-month table — All
MonthSalesMedian SoldSold $/SqFtDOMLeasesMedian RentRent $/SqFt
Nov 20251$2.4M$2,2474———
Dec 20251$1.7M$1,4741321$6,500$9.43
Jan 2026———————
Feb 20262$7.0M$2,1651621$15,500$12.10
Mar 2026———————
Apr 2026————1$16,225$11.85
May 20261$4.5M$2,30360———
Jun 2026————2$17,500$13.66
Jul 20262$5.3M$2,093824$8,300$11.01
Aug 2026————2$12,000$11.47
Sep 2026————1$12,000$10.14
Oct 2026———————

Park Grove Club Residences Location & Address

Address

2831 S Bayshore Dr, Miami (Coconut Grove), FL 33133

Coconut Grove · Miami · Miami-Dade County

Get directions

Similar Buildings to Park Grove Club Residences

Buyers weighing Park Grove Club Residences tend to shortlist these Coconut-grove buildings in a comparable price band:

Park Grove Club Residences — Frequently Asked Questions

What do condos at Park Grove Club Residences sell for?

Current asking prices run $1.5M–$2.3M across 5 listings. Closed sales over the past year had a median of $2.8M, or $2,093 per square foot. Typical sale prices: two-bedrooms $2.4M, three-bedrooms $4.5M and four-bedroom-plus residences $7.0M. Exact value depends on floor, line, view and finish.

Are there condos for sale at Park Grove Club Residences right now?

Yes — 5 residences are for sale, the least expensive at $1.5M. Mix: 1 one-bedroom, 3 two-bedrooms and 1 three-bedroom.

What does it cost to rent at Park Grove Club Residences?

The median rent over the past twelve months was $11,250 a month across 12 leases. One-bedrooms rented for about $6,800, two-bedrooms rented for about $12,000 and three-bedrooms rented for about $15,500. Minimum lease terms are set by the association — ask us for Park Grove Club Residences’ current rental policy.

Are prices going up at Park Grove Club Residences?

The median sale price is up 44% compared with the prior twelve months. Units that sold took a median 60 days to go under contract. 7 sales closed in the last year.

When was Park Grove Club Residences built?

Park Grove Club Residences was completed in 2018 and has 23 stories. The project credits developer Terra Group · Related Group and architect OMA.

Where is Park Grove Club Residences located?

Park Grove Club Residences is at 2831 S Bayshore Dr, Miami (Coconut Grove), FL 33133, in Coconut Grove. Nearby comparable buildings include Mr. C Residences, Yacht Harbour and Grove Towers.

How does Park Grove Club Residences compare with nearby buildings?

Park Grove Club Residences lists from $1.5M to $2.3M today. For comparison, Mr. C Residences asks $910K–$3.5M, Yacht Harbour asks $899K–$1.9M and Grove Towers asks $1.2M–$1.4M.

Living at Park Grove Club Residences: Summary

Park Grove Club Residences is a condominium in Coconut Grove, Miami, FL 33133 (Miami-Dade County). Current snapshot — 5 for sale and 7 sold in the past year. Buyers comparing it also look at Mr. C Residences, Yacht Harbour and Grove Towers. For a private showing, off-market availability or a valuation of your unit at Park Grove Club Residences, call Matthew Gromadzki at +1 786-370-8570.