Flanigan's IndexLive now68 / 100
Nearest Flanigan's: Flanigan's Seafood Bar and Grill (Coconut Grove), 0.5 mi
#33 in Coconut Grove · #90 in Miami
Dolphin sandwich radius. Congratulations.
Own Coconut Grove
Two Park Grove
2821 S Bayshore Dr · Built 2018 · 24 floors · 73 residences
For sale
2
0 pending · 3.4 mo supply
Median asking
$6.05M
from $5.4M
Median $/sqft
$2,376/sqft
$2,162/sqft sold, 12 mo
Days on market
49
60 to sell · 7 in 12 mo
Located in the heart of Coconut Grove, Two Park Grove is an architectural masterpiece designed by Renzo Piano. The development is set on five acres of lushly landscaped grounds and offers a variety of residences with expansive glass facades and views of Biscayne Bay.
The building provides a wide range of amenities comparable to exclusive private clubs, including multiple resort-style pools, a full-service spa with saunas, and a state-of-the-art fitness center with dedicated yoga and Pilates studios. Additional shared facilities include a screening room, a wine cellar, a business lounge, a library, and a private dining room.
Situated in a prime waterfront location, the property offers easy access to nearby marinas, waterfront parks, and the local dining and shopping scene.
Part of the Two 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 Two Park Grove: seasonal events, annual programs and lifestyle indexes, measured from the building.
Flanigan's IndexLive nowPublix IndexLive now
29 / 100
Nearest Publix: Publix at Publix Super Market, 1.4 mi
#35 in Coconut Grove · #684 in Miami
Not walking distance, unless the sub is the workout.
1 Publix stores nearby
Car-Free IndexLive now
33 / 100
Nearest rail station: Coconut Grove Metrorail Station, 0.8 mi
#38 in Coconut Grove · #198 in Miami
The train is in reach, the car is still on speed dial.
1 rail stations nearby
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
65
/ 100
B+
own.miami Score
A data-grounded score for Two Park Grove from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.
Value9
$2,376/sqft — vs. Coconut Grove condos, then all of Miami
Momentum39
-2.9% $/sqft over 6 months
Liquidity75
3.4 months of supply · 49 days on market
Health100
Verified records on file — nothing adverse
Waterfront90
Waterfront building
Age81
Built 2018 — vs. Coconut Grove buildings
own.miami Condo Index
274Premium100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#25 of 698 tracked Miami condos
Top 4% by price per sq ft
#2 of 45 in Coconut Grove
Momentum
↓ Cooling
$2,376/sqft median ask
Liquidity
Hot
Floor plans
Residence A
4 bd · 5 ba · 3,592 sqft
Want the inside track on Two Park Grove?
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Inventory
$5,399,000$2,132/sqft
4 bd · 3.5 ba · 2,532 sqft
2821 S Bayshore Dr #6B
Listing courtesy of EXP Realty LLC, Daniel Horowitz (Lic. #3358078) · MLS #A12097832
$6,700,000$2,619/sqft
4 bd · 3.5 ba · 2,558 sqft
2821 S Bayshore Dr #20D
Listing courtesy of Fortune Christie's International Real Estate, Sebastian Vasquez Escolar (Lic. #3333359) · MLS #A12035371
Sold $/sqft trend
3-month rolling median of closed sales in Two Park Grove; bars are closings per month.
Location
Nearby buildings within half a mile.
Building facts
- Address
- 2821 S Bayshore Dr
- Year built
- 2018
- Floors
- 24
- Residences
- 73
- Developer
- Terra
- Waterfront
- Yes
Developed by
Terra73
A− · Developer Score
- Ranks #6 of 13 scored Terra buildings
- Asking $2,376/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
- · Valet
- · Fitness center
- · Spa
- · Sauna
- · Theater
- · Wine cellar
- · Dining room
- · Pool
- · Yoga and Pilates studio
- · Business center
- · Billiards room
- · Library
- · Children's playroom
Building rules
- Parking
- The building offers valet services and assigned parking spaces.
Special assessments & recertification outlook
ClearPublic records checked Oct 25, 2026: no liens, lawsuits or regulatory complaints found for the association.
Verified records
- PositiveBank financingOct 31, 2026
Regulated lenders recorded 6 purchase or refinance loans on this building in the last 12 months, financing 43% of its recorded sales, and accepted a down payment as low as 24.5%. 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 52/100.
Source: Miami-Dade Clerk official records
- Built 2018 — its first 25-year structural milestone inspection is due around 2043
Estimated from Two 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 Two Park Grove: recorded purchase mortgages, the down payments they accepted, and the programmes in use.
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
- 6
- 6 from banks and credit unions · purchases and refinances
- Sales bank-financed
- 43%
- 7 recorded sales, 12 months · Resales only
- Average down payment
- 43%
- Lowest down payment accepted
- 24.5%
Loan programmes, 24 months:Conventional 4Other 2
High 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: moderate-risk area. FEMA maps a yearly chance of flooding between 1% and 0.2% here.
- 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
- 11.5 ft
- Lowest nearby street
- 3.3 ft
- Highest predicted tide, 2026
- 1.0 ft
Elevations in feet above the NAVD88 datum.
The lowest street next to this building sits 2.3 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.
Legal & Regulatory
No material litigation foundCivil court cases involving the condominium association, classified by what they are about. Routine collections against individual owners are counted separately and do not affect the building’s standing.
- Active material lawsuits
- 0
- Owner / association disputes
- 0
- Routine collection cases
- 0
- DBPR complaints
- 1
- Open DBPR complaints
- 0
No civil cases involving the association were found on the Miami-Dade docket in the last five years.
DBPR registration PR76111 · Approved,Recorded. Public complaints on record with the Florida Division of Condominiums; investigations are confidential and not counted.
Court records are matched to the association by name and summarized by us; a case is a claim, not a finding. Ask the association for its litigation disclosure before buying.
Frequently asked
How much do condos at Two Park Grove cost?+
There are 2 condos for sale at Two Park Grove, from $5,399,000, with a median asking price of $6,049,500 ($2,376/sqft).
How much are the HOA fees at Two Park Grove?+
HOA / maintenance fees at Two Park Grove run around $2,186 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 Two Park Grove a waterfront building?+
Yes — Two Park Grove is a waterfront building (Coconut Grove).
When was Two Park Grove built?+
Two Park Grove was built in 2018, 24 stories, 73 residences.
Who developed Two Park Grove?+
Two Park Grove was developed by Terra. Terra's own.miami Developer Score is A− across 17 buildings.
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If you like Two Park Grove, compare
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