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The Roebling Index · Miami
Published by The Roebling Team at Compass · Corey Cohen, NY Licensed Associate Real Estate Broker
Miami·Coconut Grove·Condominium

Club Residences at Park Grove

2831 S Bayshore Drive, Miami, FL 33133

Grove Center

Folio 0141214020001

ArchitectsOMA (Rem Koolhaas), Arquitectonica (architect of record)
DevelopersTerra, The Related Group
At a glance
Year built
2018
Residences
132
Building area
145,491 sq ft
Median residence
1,107 sq ft
FEMA flood zone
Zone X
Latest arms-length sale
$1,250,000 · Jul 2026
Median sale (10 yr)
$1,004,050
Recorded transfers
276
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Club Residences at Park Grove is a 132-residence condominium building at 2831 S Bayshore Drive, in Coconut Grove, by Terra and The Related Group with design by OMA (Rem Koolhaas) and Arquitectonica (architect of record). County records list 2018 as the year built. It has a median residence of 1,107 square feet.

The recorded market runs to 240 arms-length sales since 2018, an annual turnover rate of 18.2 percent of the building over the past decade, and a median of $924 per square foot. Across 105 same-unit resales, 93 percent sold above their prior recorded price, with a median gain of 25 percent over a median hold of 3.2 years. The 39 sales since 2023 carry a median of $1,607 per square foot, 74 percent above the level across its whole record; that gap reflects both price movement and which residences happened to trade. Recorded deeds show 11 parties that acquired more than one residence in the building.

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Corey Cohen, Licensed Associate Real Estate Broker · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com

At a glance

Common name: Club Residences at Park Grove, also known as Park Grove Club Residences

Building type: Condominium tower, one of three towers in the Park Grove development

Design architect: OMA, the firm founded by Rem Koolhaas, led on the project by Shohei Shigematsu

Architect of record: Arquitectonica

Interiors and landscape: Kitchens and bathrooms by William Sofield; amenity and common-area interiors by Meyer Davis; landscape by Enzo Enea

Floors: 20

Unit mix: One- to three-bedroom residences and penthouses.

Amenities: Spa and wellness center, pool deck with cabanas, wine-tasting rooms with private storage, screening room, business center, private dining room, outdoor amphitheater, sculpture garden, children's play areas, fitness and yoga studios. Amenity space across the development exceeds 50,000 square feet.

Services: Estate manager, nautical concierge, 24-hour concierge and valet

Source: The Roebling Research Desk.

Why Club Residences at Park Grove matters

Club Residences is the largest of the three Park Grove towers and the one that holds the resident club. At 132 residences it is roughly as large as One and Two Park Grove combined. Terra bought the site in 2013, ran a design competition, and chose OMA. The built project is three towers on about five acres.

The design idea: three towers read as separate barrier islands in Biscayne Bay, each independent and linked by shared grounds. Exterior columns take their form from palm trunks, and the facades are faceted to cut sun and glare.

The grounds and amenity program are shared by the three towers. Ask for the master association agreement covering how those costs are shared across the three associations.

Coconut Grove and the Park Grove site

Coconut Grove is a bayfront neighborhood in southern Miami, organized around a village center, Dinner Key and its marina, and a long run of mature tree canopy. South Bayshore Drive follows the water. Park Grove occupies a large bay-facing site on it, with a public park next door.

The neighborhood has a marina, sailing clubs, village streets and the waterfront. Brickell and Downtown are a short drive north. The development's program includes an estate manager and a nautical concierge who arranges sailing outings and lessons through the Coconut Grove Sailing Club. A sculpture by Jaume Plensa, The Three Poets, stands at the front of the property.

Architecture and unit composition

OMA drew the three-tower scheme and Arquitectonica was architect of record. William Sofield designed kitchens and bathrooms, and Meyer Davis designed the amenity and common-area interiors. Enzo Enea designed the roughly five-acre garden.

Unit mix. Residences are one- to three-bedroom plans with open layouts, 12-foot ceilings, floor-to-ceiling windows, terraces, and private elevator access. Kitchens carry Sub-Zero and Wolf appliances. Penthouses have dedicated pools. Square footage varies by line; work from floor plans.

Amenity levels. The pool deck runs about 500 feet along the grounds. The spa includes private treatment rooms, steam and sauna. Wine-tasting rooms have private lockers, and the screening room seats 28. An amphitheater, a sculpture garden and a business center with meeting rooms complete the program.

Building operations

The building has a 24-hour concierge and valet. An estate manager is responsible for resident service, and a nautical concierge handles boating and club arrangements.

Florida's milestone inspection and structural integrity reserve study rules apply to condominium buildings of three or more stories; ask for the inspection report, the reserve study and any assessment history. Ask for the current budget and recent financial statements. Because three towers share grounds and amenities, ask for the master association agreement, how shared costs are allocated to Club Residences, and whether any special assessment is pending.

Policy framework

Pet, rental and minimum-lease rules are set by the association; confirm at offer stage.

Sales context

The tower was delivered in 2018. One of two arms-length sales recorded in February 2026, closed at $2,800,000. It is one sale, not a building price. Pricing varies with floor, bay or city exposure and size, and penthouses trade separately from the main stack.

Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.

What to know if you're buying at Club Residences at Park Grove

Know the tower. Park Grove is one name over three condominiums. Verify which association governs the unit and which shared costs apply.

Compare by line and view. Bay-facing and city-facing residences price differently. Pull recent closings in the same line, not the building average.

Read the reserve documents. Request the SIRS, budget, financials and master agreements before an offer.

What to know if you're selling at Club Residences at Park Grove

Price against same-line closings. Buyers can cross-shop One and Two Park Grove, so a spread to those towers needs a reason.

Have the documents ready. Budget, financials, SIRS and milestone status shorten diligence.

Comparable buildings

  • One Park Grove — the sister tower on the same development, with 66 residences.
  • Two Park Grove — the other sister tower, with 73 residences.
  • Grove at Grand Bay — 2669 South Bayshore Drive, a twin-tower condominium in Coconut Grove.

Compared with

The neighborhood

For the full neighborhood — its buildings and recorded pricing — read The Roebling Index guide to Coconut Grove.

Run the numbers

Related guides

Recorded sales history

Recorded transfers for this building in Miami-Dade County public records, back to May 2018. 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 20261203681 sf$1,250,000✓
Jun 20268081,107 sf$1,800,000✓
Feb 20264031,679 sf$2,800,000✓
Feb 20269061,369 sf$2,000,000✓
Jan 202618081,107 sf$1,500,000✓
Dec 202520081,107 sf$1,700,000✓
Dec 20259051,184 sf$1,745,000✓
Dec 2025PH-81,107 sf$1,850,000✓
Nov 202521021,046 sf$2,350,000✓
Oct 2025506689 sf$950,000✓
Sep 20252204978 sf$1,600,000✓
Jul 202517011,281 sf$2,350,000✓
Jun 20254081,107 sf$1,430,000✓
Jun 2025PH-51,184 sf$2,100,000✓
Jun 202515011,281 sf$2,300,000✓
May 2025PH-61,373 sf$2,650,000✓
May 202519021,046 sf$2,225,000✓
May 2025507695 sf$900,000✓
Apr 202510081,107 sf$1,430,000✓
Mar 202510051,184 sf$1,950,000✓
Feb 202517061,369 sf$2,420,000✓
Dec 20248051,184 sf$1,850,000✓
Aug 202418061,369 sf$2,200,000✓
Jul 2024804978 sf$1,390,000✓
Jul 2024PH-61,373 sf$2,350,000✓
May 202416011,281 sf$2,100,000✓
Feb 202416061,369 sf$2,350,000✓
Dec 202315021,046 sf$2,150,000✓
Nov 202322011,281 sf$2,175,000✓
Oct 202322061,369 sf$2,050,000✓
Sep 202314081,107 sf$1,480,000✓
Jun 202310051,184 sf$1,525,000✓
May 20235081,107 sf$1,275,000✓
May 2023PH-11,281 sf$2,241,500✓
May 20234011,281 sf$1,700,000✓
Apr 20235011,281 sf$1,725,000✓
Jan 20236021,046 sf$1,565,000✓
Jan 202312061,369 sf$1,950,000✓
Jan 20231203681 sf$895,000✓
Nov 20221204978 sf$1,345,000✓
Nov 202218021,046 sf$1,650,000✓
Oct 202219021,046 sf$1,700,000✓
Jul 2022507695 sf$750,000✓
May 2022PH-21,046 sf$1,850,000✓
May 20221403681 sf$880,000✓
Apr 20221506689 sf$780,000✓
Apr 2022607695 sf$665,000✓
Apr 20221203681 sf$850,000✓
Apr 20227021,046 sf$1,490,000✓
Mar 202216021,046 sf$1,500,000✓
Mar 2022PH-61,373 sf$1,950,000✓
Feb 20221703681 sf$850,000✓
Feb 202222021,046 sf$1,550,000✓
Jan 202212021,046 sf$1,495,000✓
Jan 202212011,281 sf$1,550,000✓
Dec 20214051,184 sf$890,000✓
Dec 202110011,281 sf$1,500,000✓
Dec 20211103681 sf$850,000✓
Nov 20217051,184 sf$950,000✓
Oct 202120011,281 sf$1,700,000✓
Oct 2021407695 sf$675,000✓
Oct 20215021,046 sf$1,200,000✓
Sep 20211404978 sf$920,000✓
Sep 20216081,107 sf$830,000✓
Sep 20218051,184 sf$890,000✓
Aug 202111081,107 sf$1,000,000✓
Aug 202118081,107 sf$985,000✓
Jul 20211904978 sf$1,125,000✓
Jul 202119081,107 sf$980,000✓
Jul 202118011,281 sf$1,575,000✓
Jul 202114051,184 sf$960,000✓
Jul 202112051,184 sf$930,000✓
Jun 20212204978 sf$1,050,000✓
Jun 202121031,679 sf$2,150,000✓
Jun 202119011,281 sf$1,600,000✓
May 20214081,107 sf$855,000✓
May 202121011,281 sf$1,550,000✓
May 202121021,046 sf$1,375,000✓
May 202121051,184 sf$1,200,000✓
May 20219051,184 sf$950,000✓
May 20215031,679 sf$1,325,000✓
Apr 202111061,369 sf$1,195,000✓
Apr 20211004978 sf$930,000✓
Mar 202111011,281 sf$1,185,000✓
Mar 202110011,281 sf$1,125,000✓
Mar 20216011,281 sf$1,200,000✓
Feb 202118031,679 sf$1,840,000✓
Feb 202116061,369 sf$1,275,000✓
Dec 202021081,107 sf$925,000✓
Dec 20209021,046 sf$986,000✓
Nov 202019061,369 sf$1,300,000✓
Nov 202015011,281 sf$1,210,000✓
Oct 20208021,046 sf$1,000,000✓
Oct 202014011,281 sf$1,200,000✓
Sep 2020406689 sf$535,000✓
Aug 202015021,046 sf$1,025,000✓
Jan 2020507695 sf$530,000✓
Nov 201917021,046 sf$1,025,000✓
Jun 20199051,184 sf$875,000✓
Jun 20195031,679 sf$1,225,000✓
Jun 2019407695 sf$505,000✓
Feb 20191704978 sf$860,000✓
Feb 20195031,679 sf$1,425,000✓
Nov 20186021,046 sf$1,050,000✓
Nov 201818031,679 sf$1,850,000✓
Nov 20181004978 sf$779,000✓
Oct 20181204978 sf$757,000✓
Oct 20185011,281 sf$900,000✓
Oct 2018406689 sf$450,000✓
Oct 201817061,369 sf$1,050,000✓
Sep 2018PH-61,373 sf$1,835,000✓
Sep 2018707695 sf$625,000✓
Sep 20181507695 sf$570,000✓
Sep 20184081,107 sf$728,700✓
Sep 20181503681 sf$790,000✓
Sep 201822011,281 sf$1,750,000✓
Sep 20188021,046 sf$780,000✓
Sep 201819081,107 sf$925,000✓
Aug 2018406689 sf$469,000✓
Aug 2018PH-51,184 sf$1,098,200✓
Aug 2018PH-31,679 sf$1,777,200✓
Aug 201817051,184 sf$835,000✓
Aug 2018704978 sf$665,000✓
Aug 201815081,107 sf$811,900✓
Aug 201812081,107 sf$794,300✓
Aug 20184011,281 sf$1,025,000✓
Aug 201814061,369 sf$1,190,000✓
Aug 201820061,369 sf$1,309,000✓
Aug 201822061,369 sf$1,300,000✓
Aug 201822061,369 sf$1,185,000✓
Aug 201810061,369 sf$1,196,000✓
Aug 20181104978 sf$742,900✓
Aug 201814081,107 sf$802,600✓
Aug 20185051,184 sf$717,300✓
Aug 201817021,046 sf$1,100,000✓
Aug 201819061,369 sf$1,277,500✓
Aug 201818061,369 sf$1,274,000✓
Aug 201812061,369 sf$1,150,000✓
Aug 20182004978 sf$1,065,000✓
Jul 2018507695 sf$469,000✓
Jul 2018PH-11,281 sf$1,800,000✓
Jul 2018606689 sf$575,000✓
Jul 201818081,107 sf$915,000✓
Jul 20185021,046 sf$715,000✓
Jul 2018PH-81,107 sf$989,000✓
Jul 20189081,107 sf$775,000✓
Jul 201821061,369 sf$1,427,900✓
Jul 201811051,184 sf$775,000✓
Jul 201816081,107 sf$767,400✓
Jul 20189061,369 sf$970,000✓
Jul 201819051,184 sf$860,000✓
Jul 20187021,046 sf$785,000✓
Jul 20187081,107 sf$750,000✓
Jul 201822081,107 sf$990,000✓
Jul 2018407695 sf$469,000✓
Jul 201815051,184 sf$767,200✓
Jul 20181903681 sf$825,000✓
Jul 2018603681 sf$750,000✓
Jul 20185031,679 sf$1,012,000✓
Jul 201812051,184 sf$800,900✓
Jul 201818021,046 sf$960,000✓
Jul 201817061,369 sf$1,216,600✓
Jul 20188061,387 sf$1,219,800✓
Jul 20181404978 sf$890,000✓
Jul 2018804978 sf$685,000✓
Jul 201821021,046 sf$1,320,000✓
Jul 201821081,107 sf$900,000✓
Jul 20182003681 sf$913,000✓
Jul 2018PH-21,046 sf$1,190,000✓
Jul 2018707695 sf$485,000✓
Jul 2018607695 sf$550,000✓
Jul 20181604978 sf$826,000✓
Jul 20181603681 sf$820,000✓
Jul 20181704978 sf$860,000✓
Jul 201821031,679 sf$2,007,500✓
Jul 20181703681 sf$718,800✓
Jul 201820011,281 sf$1,650,000✓
Jul 201817081,107 sf$882,700✓
Jul 20181003681 sf$756,600✓
Jun 20184021,046 sf$740,000✓
Jun 201810081,107 sf$750,000✓
Jun 20182203681 sf$1,007,000✓
Jun 201814051,184 sf$860,000✓
Jun 20188051,184 sf$817,000✓
Jun 20181203681 sf$700,000✓
Jun 201816021,046 sf$855,000✓
Jun 201820081,107 sf$970,000✓
Jun 201818051,184 sf$828,900✓
Jun 201814021,046 sf$1,200,000✓
Jun 20186051,184 sf$771,000✓
Jun 20182204978 sf$1,263,000✓
Jun 201812021,046 sf$863,600✓
Jun 20188081,107 sf$756,500✓
Jun 201822051,184 sf$1,093,000✓
Jun 20184051,184 sf$717,000✓
Jun 201822021,046 sf$1,323,400✓
Jun 201821011,281 sf$1,525,000✓
Jun 201821051,184 sf$995,000✓
Jun 201816051,184 sf$810,100✓
Jun 20186011,281 sf$1,100,000✓
Jun 20181904978 sf$1,000,100✓
Jun 20181403681 sf$713,000✓
Jun 20181103681 sf$790,400✓
Jun 201820021,046 sf$1,075,000✓
Jun 201820051,184 sf$850,000✓
Jun 20181504978 sf$899,000✓
Jun 2018603681 sf$650,000✓
Jun 20186081,107 sf$760,000✓
Jun 201810051,184 sf$724,200✓
Jun 20187051,184 sf$798,100✓
Jun 20189021,046 sf$810,000✓
Jun 201819011,281 sf$1,161,300✓
Jun 201818011,281 sf$1,145,100✓
Jun 201817011,281 sf$1,100,100✓
Jun 201816011,281 sf$1,055,000✓
Jun 201815011,281 sf$1,038,800✓
Jun 201812011,281 sf$1,006,400✓
Jun 201811011,281 sf$990,200✓
Jun 201810011,281 sf$973,900✓
Jun 201811081,107 sf$830,000✓
Jun 20184031,679 sf$1,025,100✓
Jun 201810021,046 sf$816,700✓
Jun 20189011,281 sf$1,001,700✓
Jun 201816061,369 sf$1,192,000✓
Jun 20189031,679 sf$1,324,300✓
Jun 2018803681 sf$625,000✓
Jun 201819021,046 sf$1,100,000✓
Jun 20181506689 sf$594,700✓
Jun 201811021,046 sf$831,700✓
Jun 2018706689 sf$530,000✓
Jun 2018506689 sf$510,000✓
Jun 2018703681 sf$690,000✓
Jun 20187011,281 sf$1,065,000✓
Jun 20185081,107 sf$713,400✓
Jun 20188011,281 sf$1,350,000✓
Jun 201811061,369 sf$1,254,000✓
Jun 20186021,046 sf$816,000✓
May 2018604978 sf$599,500✓
May 201815021,046 sf$939,000✓
May 201814011,281 sf$1,022,600✓

✓ = qualified arms-length per the Miami-Dade Property Appraiser. 36 nominal-consideration paper transfers omitted.

This page reflects publicly available information compiled by The Roebling Research Desk. Specific building details should be confirmed with the association during due diligence; the recorded Declaration of Condominium, the current building budget, the current tax bill, the structural integrity reserve study and milestone-inspection status should be reviewed for any specific transaction. © 2026 The Roebling Team at Compass.

Considering a move at Club Residences at Park Grove?

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

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Licensed Associate Real Estate Broker · 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 or solicitation. Apartment estimates are automated, from public records, and are not appraisals.

A note on representation

The Roebling Team at Compass is led by Corey Cohen, a New York licensed associate real estate broker. For a purchase or sale in Miami, we introduce you to a licensed Compass agent there by referral and handle the New York side of your move ourselves. This page and its calculators are research, not an offer of representation.

To plan a move between Manhattan and Miami, schedule a consultation; where appropriate we’ll introduce you to a vetted Compass agent in the local market.