Park Grove is like a haven for those who appreciate both architectural brilliance and luxurious living. With its panoramic views and carefully crafted design, it's easy to see why it's a sought-after address in Coconut Grove. The attention to detail in both the interior design and the amenities available to residents is truly impressive. From the custom chef's kitchen to the rooftop pool, every aspect caters to a life of comfort and sophistication. Park Grove stands as a testament to luxury and design in its own right, and it will be the perfect place to call home! This 2/2 (+ den) unit is impeccable, from the high end appliances and kitchen to the panoramic views of Miami’s treetop sunset. Schedule a showing today and immerse yourself in the epitome of luxury living.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$12.8K
Per Month
Principal & Interest
$9,928
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$2,882
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$6,030
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
10
/10
Coconut Grove Elementary School
3351 Matilda St
Distance between this listing and this school0.24 miles
Public District Grades PK-5
Middle School
5
/10
Ponce De Leon Middle School
5801 Augusto St
Distance between this listing and this school2.27 miles
Public Magnet Grades 6-8
High School
5
/10
Coral Gables Senior High School
450 Bird Rd
Distance between this listing and this school1.53 miles
Public Magnet Grades 9-12
Assigned Schools
10
/10
Coconut Grove Elementary School
3351 Matilda St
Distance between this listing and this school0.24 miles
Public District Grades PK-5
Nearby Schools
4
/10
Frances S. Tucker Elementary School
3500 S Douglas Rd
Distance between this listing and this school0.99 miles
Public District Grades PK-5
3
/10
Silver Bluff Elementary School
2609 SW 25th Ave
Distance between this listing and this school1.00 miles
Public District Grades PK-5
Assigned Schools
5
/10
Ponce De Leon Middle School
5801 Augusto St
Distance between this listing and this school2.27 miles
Public Magnet Grades 6-8
Nearby Schools
7
/10
Mater Grove Academy
2805 SW 32nd Ave
Distance between this listing and this school0.73 miles
Public Charter Grades KG-7
8
/10
Mater Brickell Preparatory Academy
2805 SW 32nd Ave
Distance between this listing and this school0.73 miles
Public Charter Grades KG-7
Assigned Schools
5
/10
Coral Gables Senior High School
450 Bird Rd
Distance between this listing and this school1.53 miles
Public Magnet Grades 9-12
Nearby Schools
3
/10
Academy of Arts & Minds
3138 Commodore Plz
Distance between this listing and this school0.38 miles
Public Charter Grades 9-12
9
/10
International Studies Charter High School
2480 SW 8th St
Distance between this listing and this school2.46 miles
The neighbors living near this home have an average income of $91,136. Typical income of Miami, FL residents is between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2831 S Bayshore Dr Unit 2008
What is the listing price of this property?
The listing price of 2831 S Bayshore Dr Unit 2008 property is $1,989,000.
What type of property is this?
The property 2831 S Bayshore Dr Unit 2008 is a condo located in Miami, Florida, 33133.
Is this property for sale now?
Active Listing: 2831 S Bayshore Dr Unit 2008 is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 2831 S Bayshore Dr Unit 2008 are: Coconut Grove Elementary School: GreatSchools Rating 10/10Ponce De Leon Middle School: GreatSchools Rating 5/10Coral Gables Senior High School: GreatSchools Rating 5/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $14,589 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 2831 S Bayshore Dr Unit 2008 has 2 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 2831 S Bayshore Dr Unit 2008 is 1,107 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 2831 S Bayshore Dr Unit 2008 is 2018.
This home is located at 2831 S Bayshore Dr Unit 2008 in Miami, FL and zip code 33133 in the Coconut Grove neighborhood. This 1,107 square foot home was built in 2018. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 16, 2024 and is currently priced at $1,989,000.
While more than 115 listings in Miami, FL in March 2024 were sold above asking price, there were more than 149 listings sold at asking price, and more than 619 were sold below. In March 2024 in Miami, FL there were 9.1% more homes for sale than in February 2024. The median list price of listings available in March 2024 was $540,091, while the average time on the real estate market was 59 days.
From Rocket Homes Real Estate and based on county public records data.