Manhattan condos $1,629/sf 2%Manhattan co-ops $283K/room 5%Central Park perimeterPark Ave $478K/room 19%CPW $350K/room 5%Fifth Ave $501K/room 19%Billionaires' Row $4,272/sf 24%Tribeca $1,941/sf 2%
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The Roebling Index · Miami
Published by The Roebling Team at Compass · Licensed Real Estate Broker
Miami·Coconut Grove·Condominium

Cloisters on the Bay

3471 Main Highway, Miami, FL 33133

South Grove Bayside

Folio 0141212270001

At a glance
Year built
2005
Residences
40
Building area
219,579 sq ft
Median residence
5,660 sq ft
FEMA flood zone
Zone X
Latest arms-length sale
$5,750,000 · Jul 2025
Median sale (10 yr)
$2,750,000
Recorded transfers
111

Cloisters on the Bay is a 40-residence condominium building at 3471 Main Highway, in Coconut Grove, completed in 2005. It has a median residence of 5,660 square feet.

The recorded market runs to 80 arms-length sales since 2002, an annual turnover rate of 3.5 percent of the building over the past decade, and a median of $341 per square foot. Across 40 same-unit resales, 55 percent sold above their prior recorded price and the rest below, with a median gain of 7 percent over a median hold of 5.7 years.

Recorded sales history

Recorded transfers for this building in Miami-Dade County public records, back to Jul 2002. Prices reflect the recorded consideration; transfers the Property Appraiser does not qualify as arms-length are shown unmarked. Nominal-consideration paper transfers (deeds into trusts and LLCs, estate and family transfers, corrective deeds) are part of the record but not sales, and are omitted from this table. Recording lags closing, so the newest sales can take several weeks to appear.

DateResidenceSizePriceArms-length
Jul 202512016,140 sf$5,750,000
Jun 20249315,090 sf$4,075,000
Jan 20242045,660 sf$5,250,000
May 202212035,660 sf$2,750,000
May 20227275,739 sf$7,000,000
Dec 20214044,963 sf$625,000
Jun 20219285,860 sf$2,600,000
May 20213104,963 sf$2,265,000
Mar 20219295,660 sf$2,310,000
Oct 20207266,152 sf$4,000,000
Sep 20209285,860 sf$1,383,000
Dec 201910324,963 sf$1,880,000
Aug 201912016,140 sf$2,800,000
Nov 20185185,860 sf$1,969,800
Oct 20189285,860 sf$200,100
Aug 20188246,992 sf$3,650,000
Jun 201711344,963 sf$2,575,000
Dec 20169315,090 sf$2,100,000
Jan 201612016,140 sf$2,675,000
Mar 20151014,980 sf$1,800,000
Jan 20154044,963 sf$1,520,000
Oct 20143085,660 sf$1,650,000
Oct 201411375,090 sf$1,575,000
Sep 201412035,660 sf$1,500,000
Sep 20145155,090 sf$1,425,000
Nov 20132045,660 sf$1,400,000
Jul 20132045,660 sf$1,194,600
Jul 201311375,090 sf$1,073,100
Apr 201312046,140 sf$1,775,000
Mar 20133075,090 sf$1,625,000
Dec 201212016,140 sf$890,000
Dec 201212016,140 sf$890,000
Mar 20122055,660 sf$1,285,000
Jun 20116224,960 sf$2,600,000
May 20112064,963 sf$1,050,000
Mar 20112064,963 sf$1,000,000
Jan 201112046,140 sf$1,125,000
Jul 20101024,963 sf$1,198,500
May 201011365,660 sf$1,285,000
May 20103104,963 sf$1,525,000
May 20104044,963 sf$1,400,000
Mar 201010335,090 sf$1,475,000
Nov 20096224,960 sf$1,300,000
Sep 200911355,660 sf$1,000,000
Jun 20095185,860 sf$1,350,000
Aug 20082035,090 sf$1,709,300
Jul 20082064,963 sf$1,975,000
Jul 20082055,660 sf$1,855,210
Jun 20085165,660 sf$1,450,000
May 200811365,660 sf$1,700,000
Apr 200811344,963 sf$1,750,000
Feb 20081024,963 sf$1,551,250
Feb 20081014,980 sf$2,477,500
Sep 20076224,960 sf$3,075,000
Jul 20074025,660 sf$2,275,000
Nov 20068246,992 sf$3,700,000
Nov 20063104,963 sf$1,528,000
Oct 20068257,100 sf$3,900,000
Jun 20063095,660 sf$1,700,000
Dec 20054015,090 sf$1,575,000
Nov 20053085,660 sf$1,899,300
Nov 20053075,090 sf$1,900,000
Nov 20054035,660 sf$1,790,000
Nov 200510335,090 sf$2,400,000
Oct 20055155,090 sf$2,170,000
Aug 20054044,963 sf$1,500,000
Aug 20054025,660 sf$2,100,000
Aug 200512046,140 sf$1,750,000
May 200512016,140 sf$1,900,000
May 20056224,960 sf$2,850,000
Apr 200512025,660 sf$1,700,000
Apr 200512035,660 sf$1,700,000
Dec 20049315,090 sf$2,200,000
Nov 20046204,970 sf$2,950,000
May 20049285,860 sf$2,450,000
Apr 20049295,660 sf$1,722,500
Apr 20049305,660 sf$2,000,000
Jan 20046215,028 sf$2,630,000
Jan 20045175,660 sf$2,300,000
Nov 200310324,963 sf$1,600,000
Jun 20036195,010 sf$2,000,000
Apr 20035165,660 sf$1,988,500
Mar 20037275,739 sf$2,350,000
Mar 20037266,152 sf$2,123,000
Dec 20026204,970 sf$2,485,000
Jul 20025185,860 sf$2,150,000

✓ = qualified arms-length per the Miami-Dade Property Appraiser. 25 nominal-consideration paper transfers omitted.

Considering a move at Cloisters on the Bay?

Request a private building brief with the relevant recorded sales, current and off-market availability, and an apartment-specific view of value.

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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com

Building facts and sales records are compiled from Miami-Dade County public records (Property Appraiser) and reviewed against recognized architectural references. Figures are reported as recorded and may be updated as the county updates its records. This page is informational and is not an offer, solicitation, or valuation.