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Club Residences at Park Grove

2831 S Bayshore Dr · Built 2018 · 23 floors · 132 residences

5 for sale
For sale
5
1 pending · 7.5 mo supply
Median asking
$2.15M
from $1.5M
Median $/sqft
$2,197/sqft
$1,647/sqft sold, 12 mo
Days on market
88
53 to sell · 8 in 12 mo
Club Residences at Park Grove
Listing photo · courtesy of Compass Florida, LLC · MLS #A12088978

Club Residences at Park Grove stands 23 floors tall on S Bayshore Dr in Coconut Grove, with 132 residences. Terra developed it, and it was built in 2018. The building sits in FEMA flood zone X, a minimal risk area where flood insurance is not federally required but is available. It is in Miami-Dade hurricane evacuation zone B.

Three active tower construction sites are within 1 km, all three within 500 m. Construction nearby can bring noise and traffic while it lasts. The nearest rail stop is Coconut Grove Metrorail Station, 1140 m in a straight line, and the building has a Car-Free Index of 36. The nearest Publix is 2150 m away.

On the 2025 Florida tax roll, 26% of the 132 units carry a homestead exemption and 29% are owned by a company or trust. Recent purchases were mostly paid in cash, going by recorded deeds and mortgages, and the Miami-Dade Clerk recorded 10 resale deeds in the 12 months to October 22, 2026. A public records check run on October 22, 2026 found no liens, lawsuits or regulatory complaints at watch level or higher.

Part of the Club Residences at Park Grove complex

Sister towers that share the same development, address and often amenities — compare availability across the complex.

Live near more of Miami

What surrounds Club Residences at Park Grove: seasonal events, annual programs and lifestyle indexes, measured from the building.

Distances are straight-line, not walking or driving.

Getting around

Coconut Grove is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:

CocoWalkPeacock ParkKennedy ParkThe BarnacleMetrorail (Coconut Grove)Biscayne Bay
63
/ 100
B+
own.miami Score

A data-grounded score for Club Residences at Park Grove from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.

Value14
$2,197/sqft — vs. Coconut Grove condos, then all of Miami
Momentum71
+8.1% $/sqft over 6 months
Liquidity56
7.5 months of supply · 88 days on market
Health100
Public records checked — no liens, lawsuits or complaints on file
Waterfront55
Not waterfront
Age81
Built 2018 — vs. Coconut Grove buildings
own.miami Condo Index
246Premium100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#39 of 698 tracked Miami condos
Top 6% by price per sq ft
#5 of 45 in Coconut Grove
Momentum
↑ Rising
$2,197/sqft median ask
Liquidity
Warm
See the full Condo Index →

Floor plans

Residence 01
3 bd · 2.5 ba · 1,308 sqft

The stacks

8 lines · modeled from 35 sales

Condos repeat vertically — each “line” is a stack of near-identical units up the tower. We reconstruct Club Residences at Park Grove’s lines from its sale history: the floorplan, the view, and how $/sqft climbs with the floor. The best value is the -08 line.

LineLayoutSizeView$/sqftSales
-013 bd · 2.5 ba1,281 sqftBayWaterfront$1,698/sqft6
-022 bd · 2 ba1,046 sqftBayWaterfront$2,055/sqft6
-031 bd · 1 ba681 sqftBayWaterfront$1,836/sqft2
-042 bd · 2 ba978 sqftBayWaterfront$1,917/sqft2
-052 bd · 2 ba1,184 sqftBay$1,474/sqft4
-063 bd · 2 ba1,369 sqftSkylineWaterfront$1,552/sqft4
-08Best value2 bd · 2 ba1,107 sqftSkyline$1,337/sqft7
Penthouses3 bd · 2 ba1,281 sqftSkylineWaterfront$1,712/sqft3

Modeled from Club Residences at Park Grove’s past listings and sales — a guide to the building’s layouts and floor premiums, not an official floor plan. “Per floor” is the average $/sqft change per floor up the stack.

What’s a unit here worth?

Pick a line and a floor — we estimate the value from Club Residences at Park Grove’s own sales history.

Estimated value
$1,503,000
$1,354,000–$1,653,000 · $1,358/sqft
High confidence · 7 sales

Estimate only — not an appraisal. It reflects the line and floor, not a specific unit’s condition, renovations or view obstructions.

Want the inside track on Club Residences at Park Grove?

Get new listings here before the portals, and a straight answer from someone who knows the building.

Inventory

Sold $/sqft trend

3-month rolling median of closed sales in Club Residences at Park Grove; bars are closings per month.

$1160$1565$1971Jun 2024Dec 2024Jun 2025Oct 2025Feb 2026Jul 2026

Location

Nearby buildings within half a mile.

Building facts

Address
2831 S Bayshore Dr
Year built
2018
Floors
23
Residences
132
Developer
Terra
Waterfront
No
Developed by
Terra
73
A− · Developer Score
  • Ranks #8 of 13 scored Terra buildings
  • Asking $2,197/sqft here vs $2,005/sqft across the developer's portfolio
  • 84% of the developer's portfolio has no adverse verified record
  • All 17 buildings by this developer

Amenities

  • · Pool
  • · Spa
  • · Fitness center
  • · Concierge
  • · Valet
  • · Screening room
  • · Sauna
  • · Wine storage
  • · Business center
  • · Children's playroom
  • · Yoga and Pilates studios
  • · Dining

Building rules

Parking
The building offers valet parking and some units include an assigned parking space.

Special assessments & recertification outlook

Clear

Public records checked Oct 31, 2026: no liens, lawsuits or regulatory complaints found for the association.

  • Built 2018 — its first 25-year structural milestone inspection is due around 2043

Estimated from Club Residences at Park Grove’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.

Financeability

What the banks say about Club Residences at Park Grove: recorded purchase mortgages, the down payments they accepted, and the programmes in use.

14Mostly cash
Mortgages recorded, 12 months
2
0 from banks and credit unions · purchases and refinances
Sales bank-financed
0%
10 recorded sales, 12 months · Resales only
Average down payment
—
Lowest down payment accepted
—
Loan programmes, 24 months:Conventional 2

Medium confidence · As of 2026-10-31

Source: Miami-Dade County official records and the FHA/VA approval lists. Aggregates only; individual instruments are never shown. Compare with Coconut Grove

Flooding and storm surge

Public flood data at this building’s location, read Oct 22, 2026.

FEMA flood zone
Zone X: minimal-risk area on FEMA’s map.
Hurricane evacuation zone
Zone B
Miami-Dade storm surge planning zones run from A (called first) to E. The county decides which zones evacuate in a storm.
Ground at the building
14.9 ft
Lowest nearby street
13.0 ft
Highest predicted tide, 2026
1.0 ft

Elevations in feet above the NAVD88 datum.

The lowest street next to this building sits 12.0 ft above this year’s highest predicted tide (Oct 27, 2026).

Estimated from public data, not a flood determination. Check the FEMA flood map and an elevation certificate for this building.

How we measure thisCompare neighborhoods

Frequently asked

How much do condos at Club Residences at Park Grove cost?+

There are 5 condos for sale at Club Residences at Park Grove, from $1,500,000, with a median asking price of $2,149,000 ($2,197/sqft).

How much are the HOA fees at Club Residences at Park Grove?+

HOA / maintenance fees at Club Residences at Park Grove run around $2,884 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.

When was Club Residences at Park Grove built?+

Club Residences at Park Grove was built in 2018, 23 stories, 132 residences.

Who developed Club Residences at Park Grove?+

Club Residences at Park Grove was developed by Terra. Terra's own.miami Developer Score is A− across 17 buildings.

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