Own Coconut Grove

Grove Hill Tower

2645 S Bayshore Dr · Built 1996 · 22 floors · 76 residences

Recently sold (7)
For sale
0
0 pending
Sold, 12 months
3
7 recorded sales
Last sale
$2.2M
Feb 26, 2026
Last sale, per sqft
$982/sqft
$982/sqft sold, 12 mo
Grove Hill Tower
Listing photo · courtesy of BHHS EWM Realty · MLS #A11904368
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Grove Hill Tower is a boutique condominium located in Coconut Grove, a walkable neighborhood near the bayfront, marinas, and local dining. The building offers a resort-style lifestyle with a variety of shared amenities including a heated lap pool, fitness center with a sauna, and a playground.

Residents have access to sports facilities such as tennis and pickleball courts, as well as basketball courts and a dog path. The building provides concierge and valet services, along with storage and 24-hour security.

Live near more of Miami

What surrounds Grove Hill Tower: 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
74
/ 100
A−
own.miami Score

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

Value49
$982/sqft — vs. Coconut Grove condos, then all of Miami
Momentum50
Recent price trend
Liquidity94
0.0 months of supply
Health100
Verified records on file — nothing adverse
Waterfront90
Waterfront building
Age39
Built 1996 — vs. Coconut Grove buildings
own.miami Condo Index
150Above market100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#133 of 698 tracked Miami condos
Top 19% by price per sq ft
#17 of 45 in Coconut Grove
Momentum
→ Steady
$982/sqft median ask
Liquidity
Hot
See the full Condo Index →

Inventory

Sold $/sqft trend

3-month rolling median of closed sales in Grove Hill Tower; bars are closings per month.

$729$1055$1381Jan 2024Nov 2024Mar 2025Jun 2025Nov 2025

Location

Nearby buildings within half a mile.

Building facts

Address
2645 S Bayshore Dr
Year built
1996
Floors
22
Residences
76
Developer
Grove Hill, LTD.
Waterfront
Yes

Amenities

  • · Concierge
  • · Fitness center
  • · Sauna
  • · Heated lap pool
  • · Dog path
  • · Tennis/pickleball
  • · Basketball courts
  • · Playground
  • · Valet
  • · Storage
  • · 24-hour security
  • · Gazebo lounge

Building rules

Parking
The building offers deeded parking spaces, including options with EV charging stations.

Special assessments & recertification outlook

Elevated

Public records checked Oct 28, 2026: no liens, lawsuits or regulatory complaints found for the association.

Verified records

  • PositiveBank financingOct 31, 2026

    Regulated lenders recorded 1 purchase or refinance loans on this building in the last 12 months, financing 33% of its recorded sales, and accepted a down payment as low as 23.5%. A bank writing a condominium loan has just checked the building's reserves, insurance, litigation and owner-occupancy against its own standards — verified due diligence, read from the public record. Financeability Index 51/100.

    Source: Miami-Dade Clerk official records

  • Built 1996 — past its first structural milestone; next inspection around 2031

Estimated from Grove Hill Tower’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 Grove Hill Tower: recorded purchase mortgages, the down payments they accepted, and the programmes in use.

51Financeable

Regulated lenders are writing purchase loans here at ordinary down payments — their due diligence on reserves, insurance and litigation, verified by the public record.

Mortgages recorded, 12 months
1
1 from banks and credit unions · purchases and refinances
Sales bank-financed
33%
3 recorded sales, 12 months · Resales only
Average down payment
33.9%
Lowest down payment accepted
23.5%
Loan programmes, 24 months:Conventional 1

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 A
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
14.4 ft
Lowest nearby street
12.1 ft
Highest predicted tide, 2026
1.0 ft

Elevations in feet above the NAVD88 datum.

The lowest street next to this building sits 11.1 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

Is Grove Hill Tower a waterfront building?+

Yes — Grove Hill Tower is a waterfront building (Coconut Grove).

When was Grove Hill Tower built?+

Grove Hill Tower was built in 1996, 22 stories, 76 residences.

Who developed Grove Hill Tower?+

Grove Hill Tower was developed by Grove Hill, LTD..

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