Miami Luxury Condos · Coconut Grove · Grovenor House
This building has gone up in every year of the record.
By Josh Stein · Florida license SL3057661 · Updated 10 October 2026Leer en español →
3 condos for sale at Grovenor House, average list price $2,393.22 per sq ft (total list price ÷ total sq ft).
- Asking range$5,300,000 to $20,900,000
- List price per sq ft$2,393.22
- Months of inventory6.0
- Sold, 12 months6
Listing information is deemed reliable but is not guaranteed and is provided exclusively for consumers' personal, non-commercial use. Data is supplied by the MLS and may be subject to change or withdrawal without notice.
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Key facts about Grovenor House
| Address | 2627 S Bayshore Drive, Miami FL 33133 |
|---|---|
| For sale now | 3 |
| For rent now | 2 |
| List price range | $5,300,000 to $20,900,000 |
| Size | 2,640 to 7,061 sq ft |
| Bedrooms | 3 to 5 BR |
| List price per sq ft | Average $2,393.22, low $1,711, high $2,960 |
| Monthly HOA | $2,689 to $10,696 |
| Year built | 2005 |
| Amenities | Basketball Court, Bike Storage, Billiard Room, Business Center, Cabana, Clubhouse, Elevators, Fitness Center, Library, Maintenance Grounds, Management, Parking, Picnic Area, Playground, Pool, Sauna, Spa Hot Tub, Storage, Tennis Courts, Trash |
| Neighborhood | Miami |
Residences at Grovenor House
| Bedrooms | For sale | Size (sq ft) | List price | Avg $/sq ft | Last sale |
|---|---|---|---|---|---|
| 2 | 0 | $2,750,000 (March 23, 2026) | |||
| 3 or more | 3 | 2,640 to 7,061 | $5,300,000 to $20,900,000 | $2,393.22 | $2,600,000 (October 2, 2026) |
Unit lines
| Line | Records | Bedrooms | Size (sq ft) |
|---|---|---|---|
| 01 | 7 | 3 to 6 BR | 2,333 to 7,061 |
| 03 | 3 | 3 BR | 2,640 |
| 04 | 3 | 3 BR | 2,640 |
| 06 | 2 | 2 BR | 1,756 |
The last two digits of the unit number (05 in 305, 405, 505).
Recently sold in Grovenor House
4 listings
Verified 23 September 2026Miami-Dade County Property Appraiser1 source
Key Takeaways
- Grovenor House recorded 6 sales in the 12 months to 23 September 2026 — at a median of $3,425,000, or $1,560 per square foot, on the Miami-Dade County Property Appraiser record. The latest recorded sale was on 11 June 2026. Own at Grovenor House? Ask Josh what yours would sell for on WhatsApp.
- This building has gone up in every year of the record — $1,327, $1,424, $1,534 and $1,566 per square foot — up 18.0% since 2023.
- A rise in every year is uncommon in the county record: most buildings I measure have given ground since 2023.
- The gain is concentrated in the smaller homes — the 1,756 square foot plate is up 27.8%, while the 2,640 square foot plate has been broadly flat.
- 166 residences and not one commercial folio — with the common-element shares closing at exactly 100%, so this is the whole condominium.
- The same 6,920 square foot home sold twice in the four years — $12,550,000 in June 2023 and $13,625,000 in January 2026 — up 8.6%.
- There are no small units here — the smallest home is 1,595 square feet and the median is 2,333.
Grovenor House, by the numbers
Developer: Ugo Colombo · Architect: Revuelta Vega Leon Architects. Source: the building record on this site.
2627 S. Bayshore Drive, Miami, Florida 33133 | Neighborhood: Coconut Grove
A price per square foot that has risen every year
Qualified, arm’s-length sales from the Miami-Dade County Property Appraiser record, retrieved 21 August 2026.
| Year | Qualified sales | Median price | Median $/sq ft |
|---|---|---|---|
| 2023 | 10 | $4,125,000 | $1,327 |
| 2024 | 11 | $3,100,000 | $1,424 |
| 2025 | 7 | $3,600,000 | $1,534 |
| 2026 to date | 5 | $4,100,000 | $1,566 |
I have measured a great many Miami buildings against this record and most of them have lost ground since 2023. This one has gained it in every single year: $1,327, $1,424, $1,534, $1,566 per square foot — up 18.0%.
Note what the median price column does over the same stretch. It falls from $4,125,000 to $3,100,000 and then climbs back to $4,100,000, which if you read it alone would tell you the building crashed in 2024 and recovered. It did neither. The median home that sold in 2023 was 2,640 square feet; in 2024 it was 1,756. The price column is measuring which homes came to market. The per-foot column is measuring the market, and the per-foot column went up.
Four consecutive years moving the same direction matters more than the size of the move. A building that rises, falls and rises again is usually telling you about its sales mix. A building that climbs four years running is telling you something about demand for that specific address.
What is actually inside the building
The county holds 166 folios at 2627 South Bayshore Drive, and every one of them is a residence — no commercial units, no separately assessed parking, cabana or storage. The common-element shares close at 100.0000%, so this is the entire condominium and nothing is missing from the figures on this page.
The mix runs to family-sized homes: 76 three-bedrooms, 64 two-bedrooms and 26 four-bedrooms, and no studios or one-bedrooms at all. The smallest residence is 1,595 square feet, the largest 7,061, and the median is 2,333.
Four floorplates carry most of the building: 2,640 square feet (48 homes), 1,756 (42), 1,595 (22) and 2,333 (22). That concentration is what lets this page compare like with like rather than average across a building that spans four and a half times in size.
The 2026 assessed values run $541,054 to $10,184,463, with a median of $2,039,816.
Liquidity is ordinary for a building of this kind: 33 qualified sales across four years, about one home in twenty each year. Enough to price against, not so much that the building turns over.
Where the gain is, and where it is not
The four-year rise is real, but it is not evenly spread, and if you are buying one specific home that distinction is the whole thing.
| Floorplate | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 1,756 sq ft (42 homes) | $1,192 | $1,424 | $1,407 | $1,523 |
| 2,640 sq ft (48 homes) | $1,562 | $1,570 | $1,700 | $1,553 |
The 1,756 square foot plate is up 27.8% across the four years, on thirteen sales — the deepest like-for-like evidence in the building. The 2,640 square foot plate, which is the largest cohort at 48 homes, has gone $1,562, $1,570, $1,700, $1,553 — up and then back to roughly where it started, on nine sales.
So the honest version of “Grovenor House is up 18%” is this: the two-bedroom homes have risen strongly and the larger three-bedroom homes have been flat. Both of those are more useful to a buyer than the building average, and only one of them supports paying up.
The largest homes have their own record, and it is a good one. The same 6,920 square foot residence sold for $12,550,000 in June 2023 and again for $13,625,000 in January 2026 — the same home, up 8.6% in two and a half years, which is about as clean a round trip as the county record ever produces. A second 6,920 square foot home traded at $11,250,000 in April 2025.
One qualification on the recent figures. 2026 rests on five sales and 2025 on seven, so the last two rows of the main table are thinner than the first two. What keeps me comfortable presenting the trend is that it does not depend on them: strip 2026 out entirely and the building still went $1,327 to $1,424 to $1,534 across three well-populated years, a gain of 15.6% on 28 sales. The 2026 figure extends a pattern that was already established rather than creating one.
I should also say plainly what is not in the county record: story count, architect and amenity detail. The box below takes those from the architect’s own page and The Real Deal, not from the Property Appraiser.
Who this building suits
It suits a buyer who wants a genuine two- or three-bedroom home on South Bayshore Drive and cares about buying into something with demonstrable demand. There is no small investor stock here to dilute the building — the smallest home is 1,595 square feet — and on four years of county evidence the price per square foot here has moved upward in every year.
It suits a bargain hunter poorly, and specifically so if you are looking at the two-bedroom plate. That is the part of the building that has already run, up 27.8% in four years, and you would be buying at the top of its own range. The better value on this record is the larger 2,640 square foot home, which is flat over the same period while the rest of the building rose — that is a gap worth asking about rather than assuming.
For an investor the picture is fair rather than exceptional. About one home in twenty trades each year, which is enough to exit without waiting but not enough to time. Combined with a rising per-foot trend, it is a reasonable pair of characteristics.
If you are selling here, the four-year trend is on your side, but price against your own floorplate, not the building. A 1,756 square foot home and a 2,640 square foot home have been moving differently for three years, and a prepared buyer will arrive with the same county record I have used. Ask me for the comparables on your specific line before you set a number.
Own at Grovenor House?
If you own here, this page already carries the county’s record of what homes in Grovenor House have sold for. Here is how to use it.
Your three options
- Sell. Price against what comparable homes in the building have actually recorded, not against asking prices.
- Rent it out. Within the condominium’s rental rules, which vary from building to building.
- Hold. Watch the record: this page is updated from the county as new sales are posted.
What I will send you
Tell me your unit. I will send you the recorded sales of comparable homes in Grovenor House, what they sold for per square foot, and a straight read on what yours could sell for today.
Two free things for owners
Grovenor House — Frequently Asked Questions
What have homes at Grovenor House sold for in the last 12 months?
6 sales were recorded on the Miami-Dade County Property Appraiser record in the 12 months to 23 September 2026, at a median of $3,425,000 ($1,560 per square foot). The latest recorded sale was on 11 June 2026. These are recorded closings, not asking prices. If you own at Grovenor House and want to know what your home would sell for, message Josh Stein on WhatsApp at (305) 695-8257.
Are prices rising at Grovenor House?
Yes, in every year measured. Median price per square foot went $1,327 in 2023, $1,424 in 2024, $1,534 in 2025 and $1,566 so far in 2026, a gain of 18.0%.
Why does the median price fall in 2024 if prices went up?
Because a different set of homes sold. The median home that traded in 2023 was 2,640 square feet; in 2024 it was 1,756. The median price column follows the size of what came to market, not the price of the market. Median price per square foot controls for that, and it rose every year.
Which homes at Grovenor House have actually gone up?
Mostly the smaller ones. The 1,756 square foot plate — 42 homes, thirteen sales, the deepest evidence in the building — is up 27.8% across the four years. The 2,640 square foot plate, the largest cohort at 48 homes, went $1,562, $1,570, $1,700 and $1,553 per square foot: up and then back to where it started.
How reliable is that trend?
The first two years are well evidenced, resting on ten and eleven qualified sales. 2025 rests on seven and 2026 on five, so they are the weaker rows. But the rise does not depend on them: strip 2026 out and the building still gained 15.6% across three years on 28 sales.
How many residences are there and how big are they?
166, and every folio in the declaration is a residence — no commercial units and no separately assessed parking or storage. Homes run 1,595 to 7,061 square feet with a median of 2,333. The mix is 76 three-bedrooms, 64 two-bedrooms and 26 four-bedrooms, with no studios or one-bedrooms at all.
What is the most expensive sale at Grovenor House?
$13,625,000 in January 2026, for a 6,920 square foot residence at $1,969 per square foot. The same home sold for $12,550,000 in June 2023, so the county record holds a clean round trip on it — up 8.6% in two and a half years.
What does the sale record show about Grovenor House’s prices?
Median price per square foot rose in every year of the record, from $1,327 in 2023 to $1,566 so far in 2026 (up 18.0%), and 2023 to 2025 alone is up 15.6% on 28 sales. It is not even across homes: the 1,756 square foot plate rose 27.8% on thirteen sales, while the 2,640 square foot plate went $1,562, $1,570, $1,700 and $1,553 on nine. The record shows what has closed, not what happens next.
Sources and further reading
Grovenor House completed in 2005 — 32 stories, 166 residences by CMC Group (Ugo Colombo), designed by Revuelta Architecture International. Full-height glass onto deep terraces, private elevator lobbies, and an on-site tennis court. The 166-residence figure matches the Property Appraiser folio count exactly. Recent trade: unit 3001 at $11.25 million, roughly $1,626 per square foot, April 2025. Note: the Property Appraiser records 2005 for 130 homes and 2006 for the other 36; the architect’s own record says 2006. Nearly all first sales (163 of 166 homes) closed in 2006.
Verified 3 August 2026. Source: Revuelta Architecture International and The Real Deal, 29 Apr 2025
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Josh Stein · Florida real estate sales associate, license SL3057661 · (305) 695-8257 · hello@joshsteinrealtor.comGet this building’s next recorded sale — before the listing sites catch up
- Every closed sale we can verify from the Miami-Dade record — price, date, and $/sqft when the deed supports it — not an IDX feed.
- Optional alert when a new deed posts in this building (or a short list of comps you choose).
- No spam inventory blasts. One building. One record. You decide what happens next.
Tell Josh which building. He’ll send the latest closed sales and set a quiet alert.
Get the sales recordRelated coverage
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