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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

Two Park Grove

2821 S Bayshore Drive, Miami, FL 33133

Grove Center

Folio 0141214010001

ArchitectsOMA (Rem Koolhaas), Arquitectonica (architect of record)
DevelopersTerra, The Related Group
At a glance
Year built
2018
Residences
73
Building area
195,542 sq ft
Median residence
2,558 sq ft
FEMA flood zone
Zone X
Latest arms-length sale
$5,300,000 · Jul 2026
Median sale (10 yr)
$3,125,000
Recorded transfers
157
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Two Park Grove is a 73-residence condominium building at 2821 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 2,558 square feet.

The recorded market runs to 128 arms-length sales since 2018, an annual turnover rate of 17.5 percent of the building over the past decade, and a median of $1,275 per square foot. Across 55 same-unit resales, 76 percent sold above their prior recorded price, with a median gain of 25 percent over a median hold of 3.1 years. The 21 sales since 2023 carry a median of $2,057 per square foot, 61 percent above the level across its whole record; that gap reflects both price movement and which residences happened to trade. Recorded deeds show 6 parties that acquired more than one residence in the building.

Selling, buying or moving?

Own a residence at Two Park Grove? See what it would sell for.

Choose what fits: a property-specific pricing review informed by local transaction records and market research, a conversation about buying in this market, or help planning a move between markets. Local representation is coordinated where appropriate.

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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

Condominium: Two Park Grove Condominium, a separate association from One Park Grove and the Club Residences. This page covers the Two Park Grove tower only, not the full Park Grove complex.

Building type: Condominium tower, with three- to five-bedroom plans and a two-bedroom line

Interior design: Meyer Davis (common areas); Studio Sofield (kitchens and primary baths)

Landscape: Enzo Enea

Floors: 23

Unit sizes: About 1,950 to 5,830 square feet. Four lines of about 18 residences each: two-bedroom at about 1,950, three-bedroom at about 2,530 to 4,550, four-bedroom at about 3,230 to 5,830, with a second three-bedroom line at about 2,560. Penthouse floors are the largest. Confirm by floor plan.

Amenities: Bay-facing pools and pool decks with cabanas, fitness center, spa and treatment rooms, yoga and Pilates studios, sauna and steam, screening room, wine rooms, private dining and event spaces, about five acres of shared gardens and a sculpture park

Services: 24-hour doorman, concierge and security; valet; butler service

Policies: Pets, leasing and resale rules are set by the association; confirm at offer stage.

Source: The Roebling Research Desk.

Why Two Park Grove matters

It is one of the two towers of Park Grove completed in 2018, in a three-building development designed by OMA, Rem Koolhaas's firm. Two Park Grove, the Club Residences and the later One Park Grove (not described here) share one site on South Bayshore Drive and five acres of landscape.

The plan is peanut-shaped, and the facade is a grid of faceted concrete columns with covered terraces between them. Floors are 12 feet, and each residence has a terrace that follows the curve of the exterior.

The building has 73 residences. Three of the four lines are three bedrooms or larger; the two-bedroom line is the smallest at about 1,950 square feet.

Two Park Grove is its own condominium at 2821 S Bayshore, separate from the other two buildings.

Coconut Grove and the Park Grove site

Coconut Grove is one of Miami's oldest settled neighborhoods, on Biscayne Bay about 10 minutes by car south of Downtown. It has a tree canopy, a working marina at Dinner Key and a village core with restaurants and shops. Peacock Park, the Barnacle Historic State Park and Kennedy Park are on the bay side. Park Grove is on South Bayshore Drive at the southern end of the waterfront, a short way south of the BIG-designed Grove at Grand Bay, completed in 2016.

Park Grove is a campus rather than a single tower. The towers share a landscape by Enzo Enea with a sculpture park, an amphitheater with grassy steps and bay-facing pools. The Club Residences, a cylinder, holds the resident club. Which of those facilities Two Park Grove owners use, and who pays for them, depends on the shared-facilities arrangements; ask for those documents.

Architecture and unit composition

Residences run from the fourth floor to the 20th, with lower penthouse, penthouse and upper penthouse levels above. The tower skips floor 13. Each floor has four lines, so about 18 homes per line across the tower. One combined plan on the 20th floor joins two lines into a five-bedroom residence of about 5,830 square feet.

Interiors by Studio Sofield use Italian glass cabinetry, wood-clad islands, marble and granite counters and seashell-stone floors. The terraces are covered and run along the exterior curve, which is what gives the tower its terraced profile.

Building operations

The service model is full-service: 24-hour doorman, concierge and security, valet and butler service. The wellness program covers a fitness center with private training rooms, spa treatment rooms, yoga and Pilates, sauna and steam. Entertaining space includes a private screening room, wine tasting rooms with storage, and private dining and event rooms. Bayfront pools have cabanas and an outdoor bar.

These describe the 2018 delivery. Ask for current staffing, the operating budget, the structural integrity reserve study and the milestone-inspection schedule. Florida's milestone inspection and structural integrity reserve study rules apply to condominium buildings of three or more stories, and this tower has 23 floors. Get the inspection schedule in writing. Also ask how costs are shared with One Park Grove and the Club Residences.

Policy framework

Policies, fees and applications, including pet, rental and minimum-lease rules, are set by the association.

Sales context

Renderings were released in 2014, interiors were shown in 2017 and the tower was delivered in 2018. One recorded sale, May 2026, at $6,790,000. It is one sale, not a building price. Pricing varies by line and floor, from the two-bedroom line up through the penthouses.

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 Two Park Grove

Confirm the tower. One Park Grove and Two Park Grove share a site and a name. Check which association governs the unit.

Identify the line and floor. The four lines differ in size, orientation and view.

Review the shared-facilities arrangement. Ask what Two Park Grove owners pay for the Club Residences, gardens and shared amenities.

Check the exterior. Ask for the maintenance and inspection plan for the faceted concrete columns.

What to know if you're selling at Two Park Grove

Price against your line. Use trades in your line and floor band, not penthouse results.

Have the documents ready. Budget, reserve study, shared-cost agreements and financials shorten diligence.

Comparable buildings

  • One Park Grove — the third tower of the development, completed in 2020, on the same site in a separate association.
  • Grove at Grand Bay — a BIG-designed condominium in Coconut Grove, completed in 2016.
  • One Thousand Museum — a Zaha Hadid-designed Downtown Miami tower of large residences, a design-led peer on the mainland.

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 Jul 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 20266B2,532 sf$5,300,000✓
May 20268A3,233 sf$6,790,000✓
Apr 2026LPH-D2,558 sf$6,250,000✓
Apr 202615C1,954 sf$4,500,000✓
Mar 202619B2,532 sf$4,900,000✓
Feb 20265A3,233 sf$7,000,000✓
Nov 202520AB5,834 sf$13,250,000✓
Oct 202516A3,233 sf$6,600,000✓
Jul 20259A3,233 sf$6,900,000✓
Jun 202517D2,558 sf$6,000,000✓
Apr 202517C1,954 sf$3,605,400✓
Mar 2025LPH-A3,247 sf$9,000,000✓
Mar 20257A3,233 sf$6,650,000✓
Sep 20237C1,954 sf$1,256,000
Sep 20237C1,954 sf$376,800
Jul 20234D2,558 sf$3,450,000✓
Jul 2023UPH-A5,834 sf$17,500,000✓
Jul 20237D2,558 sf$3,975,000✓
Apr 202311C1,954 sf$3,200,000✓
Mar 2023LPH-D2,558 sf$5,000,000✓
Mar 202316C1,954 sf$3,225,000✓
Jan 20239D2,558 sf$4,200,000✓
Jan 20239A3,233 sf$4,700,000✓
Dec 20229D2,558 sf$4,200,000✓
Nov 202216B2,532 sf$4,110,000✓
Aug 202212C1,954 sf$3,550,000✓
Jun 202215C1,954 sf$3,375,000✓
May 202210B2,532 sf$3,999,000✓
Apr 202211A3,233 sf$5,200,000✓
Apr 202210A3,233 sf$5,400,000✓
Jan 2022PH-B2,556 sf$4,450,000✓
Jan 202210A3,233 sf$4,500,000✓
Dec 202116A3,233 sf$4,300,000✓
Dec 202117A3,233 sf$4,850,000✓
Nov 20218B2,532 sf$3,299,000✓
Nov 202112A3,233 sf$4,175,000✓
Aug 20215D2,558 sf$3,300,000
Aug 20219C1,954 sf$2,850,000✓
Aug 202115D2,558 sf$2,900,000✓
Jun 202117D2,558 sf$3,380,000✓
Jun 202114D2,558 sf$2,900,000✓
Jun 20218D2,558 sf$2,800,000✓
Jun 202111D2,558 sf$2,925,000✓
Jun 202114B2,532 sf$2,925,000✓
Jun 20219B2,532 sf$3,050,000✓
May 2021UPH-B4,547 sf$8,100,000✓
May 2021UPH-A5,834 sf$10,000,000✓
May 20216C1,954 sf$1,700,000✓
May 202119D2,558 sf$2,800,000✓
Apr 2021PH-C1,967 sf$3,075,000✓
Mar 20214C1,954 sf$1,700,000✓
Feb 202116D2,558 sf$2,600,000✓
Feb 20215A3,233 sf$2,750,000✓
Feb 20216B2,532 sf$2,150,000✓
Jun 202010A3,233 sf$3,000,000✓
Apr 20207B2,532 sf$2,350,000✓
Mar 202012B2,532 sf$2,500,000✓
Feb 20204B2,532 sf$2,300,000
Jan 20209C1,954 sf$2,025,000✓
Nov 201910C1,954 sf$2,025,000✓
Sep 20196A3,233 sf$2,800,000✓
Aug 2019UPH-B4,547 sf$6,578,000✓
Apr 20194C1,954 sf$1,450,000✓
Apr 2019LPH-D2,558 sf$2,187,800
Feb 20194D2,558 sf$1,900,000✓
Feb 201914C1,954 sf$2,400,000✓
Feb 20196A3,233 sf$3,075,000✓
Jan 20199C1,954 sf$2,498,500✓
Dec 201810B2,532 sf$2,664,500✓
Nov 2018UPH-B4,547 sf$6,436,300✓
Nov 201817A3,233 sf$3,762,500✓
Nov 201816C1,954 sf$2,626,000✓
Oct 201817B2,532 sf$3,250,000✓
Sep 201816B2,532 sf$3,000,000✓
Sep 2018LPH-D2,558 sf$4,375,500✓
Sep 2018PH-A3,264 sf$4,686,400✓
Sep 201810D2,558 sf$3,000,000✓
Sep 2018PH-B2,556 sf$3,700,000✓
Sep 201815D2,558 sf$2,985,000✓
Sep 2018LPH-B2,543 sf$3,550,000✓
Sep 201815C1,954 sf$2,472,000✓
Sep 201816A3,233 sf$3,750,000✓
Sep 201812A3,233 sf$3,627,000✓
Sep 201812D2,558 sf$2,800,000✓
Sep 201819C1,954 sf$2,500,000✓
Sep 2018PH-D2,558 sf$4,180,000✓
Sep 201815B2,532 sf$2,879,200✓
Sep 2018LPH-A3,247 sf$3,900,000✓
Sep 201820D2,558 sf$3,504,400✓
Sep 20186D2,558 sf$2,900,000✓
Sep 201818A3,233 sf$3,700,000✓
Sep 201815A3,233 sf$3,500,000✓
Aug 201811C1,954 sf$2,300,000✓
Aug 201820AB5,834 sf$7,700,000✓
Aug 201817D2,558 sf$3,250,000✓
Aug 201818B2,532 sf$3,550,000✓
Aug 201816D2,558 sf$3,378,000✓
Aug 201819D2,558 sf$3,700,000✓
Aug 20187D2,558 sf$2,970,000✓
Aug 201819A3,233 sf$3,944,700✓
Aug 201814A3,233 sf$3,475,000✓
Aug 20184A3,233 sf$2,750,000✓
Aug 201818D2,558 sf$3,488,000✓
Aug 201818C1,954 sf$2,653,800✓
Aug 201819B2,532 sf$3,345,200✓
Aug 20188D2,558 sf$2,829,100✓
Aug 201814D2,558 sf$3,500,000✓
Aug 201820C1,954 sf$2,700,000✓
Aug 20185C1,954 sf$1,750,000✓
Aug 201814B2,532 sf$2,833,000✓
Aug 201810A3,233 sf$3,100,000✓
Aug 201811D2,558 sf$3,000,000✓
Aug 20185D2,558 sf$2,750,000✓
Aug 20185B2,532 sf$2,450,000✓
Aug 20186B2,532 sf$2,379,300✓
Aug 20187A3,233 sf$2,900,000✓
Jul 201812B2,532 sf$2,895,600✓
Jul 201817C1,954 sf$2,832,300✓
Jul 20187B2,532 sf$2,593,000✓
Jul 201811A3,233 sf$3,072,600✓
Jul 20189A3,233 sf$3,083,000✓
Jul 20185A3,233 sf$2,735,100✓
Jul 201812C1,954 sf$2,593,000✓
Jul 20188A3,233 sf$3,265,000✓
Jul 20187C1,954 sf$2,392,000✓
Jul 201811B2,532 sf$2,884,000✓
Jul 20189D2,558 sf$3,000,000✓
Jul 201810C1,954 sf$2,352,000✓
Jul 20189B2,532 sf$2,673,000✓
Jul 2018PH-C1,967 sf$2,919,700✓
Jul 20188B2,532 sf$2,600,000✓
Jul 2018LPH-C1,967 sf$3,150,000✓
Jul 20188C1,954 sf$2,450,000✓

✓ = qualified arms-length per the Miami-Dade Property Appraiser. 24 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 Two 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.