Own Coconut Grove

Grove Towers

2843 S Bayshore Dr · Built 1982 · 22 floors · 99 residences

2 for sale
For sale
2
1 pending · 12.0 mo supply
Median asking
$1.66M
from $1.45M
Median $/sqft
$1,080/sqft
$933/sqft sold, 12 mo
Days on market
198
213 to sell · 2 in 12 mo
Grove Towers
Listing photo · courtesy of Coldwell Banker Realty · MLS #A11946907

Located in the heart of Coconut Grove, Grove Towers offers waterfront living with views of Biscayne Bay, Downtown, and Key Biscayne. The building is situated near the marina, sailing club, and local parks, providing easy access to nearby dining, boutiques, and schools.

The property features a variety of resort-style amenities, including a heated pool, spa, fitness center, sauna, and steam room. Residents also have access to tennis and pickleball courts, a BBQ area, and EV charging stations.

Live near more of Miami

What surrounds Grove Towers: 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
54
/ 100
B
own.miami Score

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

Value23
$1,096/sqft — vs. Miami condos
Momentum86
+20.1% $/sqft over 6 months
Liquidity34
12.0 months of supply · 187 days on market
Health80
1 verified record: Recertification not approved (2022 cycle)
Waterfront90
Waterfront building
Age4
Built 1982
own.miami Condo Index
129100 = the median Miami condo, by price and liquidity.
Rank
#153 of 597 tracked Miami condos
Top 26% by price & liquidity
#17 of 36 in Coconut Grove
Momentum
↑ Rising
$1,096/sqft median ask
Liquidity
Balanced
See the full Condo Index →
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Inventory

Sold $/sqft trend

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

$805$933$1061Nov 2025Jan 2026Mar 2026Sep 2026

Location

Nearby buildings within half a mile.

Building facts

Address
2843 S Bayshore Dr
Year built
1982
Floors
22
Residences
99
Waterfront
Yes

Amenities

  • · Heated pool
  • · Fitness center
  • · Tennis and pickleball courts
  • · BBQ area
  • · Valet
  • · Guest parking
  • · EV charging stations
  • · Storage
  • · Social events
  • · Sauna
  • · Steam room

Building rules

Parking
The building offers assigned parking spaces, guest parking, and valet service.

Special assessments & recertification outlook

Elevated

Verified records

  • City of Miami records: the 2022 recertification is not yet approved
  • Built 1982 — a recurring structural milestone inspection is due around 2027

Estimated from Grove Towers’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.

Frequently asked

How much do condos at Grove Towers cost?+

There are 2 condos for sale at Grove Towers, from $1,450,000, with a median asking price of $1,662,500 ($1,080/sqft).

Is Grove Towers a good time to buy?+

Grove Towers currently has about 12.0 months of supply — a balanced pace.

How much are the HOA fees at Grove Towers?+

HOA / maintenance fees at Grove Towers run around $2,773 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.

Is Grove Towers a waterfront building?+

Yes — Grove Towers is a waterfront building (Coconut Grove).

When was Grove Towers built?+

Grove Towers was built in 1982, 22 stories, 99 residences.

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