Club Residences at Park Grove Condos for Sale
One hundred and thirty-two one- to three-bedroom residences inside the Park Grove enclave.
The Third Building at Park Grove
Club Residences at Park Grove is the third building of the Park Grove enclave, at 2831 South Bayshore Drive, completed in 2018. It is its own condominium association, with a declaration, budget and reserves separate from One and Two Park Grove.
It is also a different product. Its 132 residences run from 681 to 1,679 square feet with one, two and three bedrooms, against 1,954 to 7,860 square feet in the two larger towers. Buyers who search for it as "Three Park Grove" are usually looking for this building, but its condominium and marketed name is Club Residences at Park Grove.
The scale is the point: it is the way into the Park Grove address, its gardens and its amenity program at roughly half the entry size and a third of the entry price of the neighbouring towers.
Club Residences at Park Grove at a Glance
2831 South Bayshore Drive, Coconut Grove, FL 33133
Terra Group and Related Group
OMA / Shohei Shigematsu
2018
132
23
Condominium
Coconut Grove
Why Buyers Choose Club Residences at Park Grove
Club Residences is the smallest-format building at Park Grove, and its own condominium association.
The accessible way in
One- to three-bedroom homes from 681 square feet open the Park Grove address to buyers the two towers do not serve.
Its own condominium
A separate association at 2831 South Bayshore Drive with its own declaration, budget, reserves and rules.
The deepest sale record
132 residences and the most recorded deeds of the three buildings, so line-level comparables actually exist.
Shared five-acre setting
The same OMA site plan, Enzo Enea gardens and bayfront amenity program as One and Two Park Grove.
Our Take on Club Residences at Park Grove
Club Residences is the one Park Grove building where the address is reachable below roughly $3 million, and that is the honest reason most buyers arrive here. The grounds, staffing and amenity program are the enclave's.
The diligence points are line and floor. The 03 and 06 lines span very different residences at the same line letter, from 681 up to 1,679 square feet, and the 07 line exists only on floors 4 through 7. Confirm the exact unit, floor and exposure before pricing anything.
Ask for this association's own budget, reserve study, insurance placement and assessment history, plus the master-association charges. The three Park Grove buildings are separate associations and their numbers do not transfer.
Whether the smaller floor plate is the right trade depends on how the residence will actually be used, which is a conversation worth having before an offer rather than after.
Club Residences in the Coconut Grove Market
Twenty-six qualified deeds were recorded at Club Residences between January 2024 and August 2026, from $900,000 to $2,800,000, median $1,975,000. Per square foot they ran $1,292 to $2,247, median $1,638.
That is the widest transaction record of the three Park Grove buildings, because there are more residences and they turn over more often. It also means same-line comparables are genuinely available here, which is unusual at this address.
Residence counts, sizes and sale figures on this page are taken from Miami-Dade County property records and describe recorded transactions, not current asking prices.
Club Residences as an Investment
Club Residences clears at roughly $1,638 per square foot against about $2,150 at Two Park Grove and $2,723 at One Park Grove since January 2024. The gap buys the same five acres, gardens and amenity program in a smaller residence.
The trade is size and exposure rather than address. Anyone underwriting a Club Residences purchase against a One or Two Park Grove comparable will misprice it in both directions, so the sale evidence has to come from this building.
Recorded range since 2024
$900,000 - $2,800,000 across twenty-six qualified deeds, median $1,975,000.
Per square foot
$1,292 - $2,247, median $1,638 - the lowest of the three Park Grove buildings.
Liquidity
132 residences and the most recorded deeds of the three, so same-line comparables are usually available.
Who Buys at Club Residences at Park Grove
This building serves buyers who want the Park Grove address and grounds without the floor plate, and it is the only one of the three where that is possible.
Pied-a-terre buyers
One- and two-bedroom homes from 681 to about 1,184 square feet suit part-year use in Coconut Grove with the enclave's staffing and security.
Buyers priced out of the towers
Entry here has been recorded near $900,000, against roughly $3.6 million at Two Park Grove and $3.9 million at One Park Grove.
Downsizers staying in the Grove
Three-bedroom 01 line and 03 line residences at 1,281 to 1,679 square feet hold a full household program at a fraction of the tower sizes.
About Club Residences at Park Grove
Club Residences at Park Grove at 2831 South Bayshore Drive is the third condominium of the Park Grove enclave in Coconut Grove, completed in 2018 with 132 residences. It shares the five-acre site, the gardens and the amenity program with One Park Grove and Two Park Grove, and it is otherwise a different building for a different buyer.
The name, and why searches miss it
Buyers regularly look for this building as "Three Park Grove". That name is informal and appears on no recorded document. The condominium association and the marketed name are both Club Residences at Park Grove, and the county records it as Club Residences at Park Grove Condominium. Anyone searching the informal name is almost always looking for this building.
A genuinely different product
The distinction between Club Residences and its two neighbours is not a matter of finish level or floor height. It is size. County records show residences here from 681 to 1,679 square feet with one, two and three bedrooms. The two towers run 1,954 to 7,860 square feet with two to five bedrooms. There is no overlap at all between the largest residence at Club Residences and the smallest residence in either tower.
That single fact drives everything else about the building: who buys here, what it costs, how often it trades, and why its sale evidence cannot be borrowed from next door.
How the residences are laid out
The building runs from the fourth floor to the twenty-second, skipping the thirteenth, with a penthouse level above. Lines are numbered rather than lettered. The 01 line holds 18 three-bedroom residences of about 1,281 square feet. The 02 line is 18 two-bedroom homes at roughly 1,046 square feet, the 05 line 18 at about 1,184, and the 08 line 18 at about 1,107. The 04 line has 13 residences of about 978 square feet. The 07 line is the smallest and rarest, five one-bedroom residences of about 695 square feet, and it exists only on floors four through seven.
The 03 and 06 lines are the two that need care. Both span a much wider range than their line number suggests, the 03 line from 681 to 1,679 square feet and the 06 line from 689 to 1,387, moving between one, two and three bedrooms as the building rises. Six penthouse residences sit above, from about 1,046 to 1,679 square feet.
What residences have actually sold for
Club Residences has the deepest transaction record at Park Grove, simply because it has the most residences and they turn over most often. Twenty-six qualified deeds were recorded between January 2024 and August 2026, from $900,000 to $2,800,000, with a median of $1,975,000. Per square foot they ran $1,292 to $2,247, median $1,638. Widening to January 2023 gives thirty-eight deeds from $895,000, at a median of $1,585 per square foot.
These are recorded closed sales from county deed records rather than asking prices. The depth matters: this is the one Park Grove building where a buyer can usually find a same-line, similar-floor comparable rather than reasoning by analogy.
Where it sits against the other two buildings
Since January 2024 the median recorded price per square foot has been about $1,638 here, against roughly $2,150 at Two Park Grove and $2,723 at One Park Grove. Entry has been recorded near $900,000 at Club Residences, against roughly $3.6 million at Two Park Grove and $3.9 million at One Park Grove.
Read plainly, the gap buys the same address, the same five acres, the same gardens and the same amenity program in a smaller residence. Whether that is the right trade depends entirely on how the home will be used, and it is a question worth settling before an offer rather than after.
What to verify before an offer
Confirm the exact unit and line, because the 03 and 06 lines vary so widely that the line number alone tells you very little, and because the 07 line exists on only four floors. Confirm floor, exposure and outdoor space. Request the Club Residences association's own operating budget, reserve study, insurance placement, current monthly charges and assessment history, plus the master-association charges for the shared grounds. The three Park Grove buildings are separate associations and their figures do not transfer between them.
We hold the line-by-line sale record for all three Park Grove condominiums. Compare them on the Park Grove campus guide, or read the individual guides to One Park Grove and Two Park Grove.
Park Grove Amenities
Club Residences owners use the enclave's shared amenity program across the five-acre site.
Waterfront
- Bayfront pools and pool decks
- Poolside cabanas and dining
- Outdoor bar and jacuzzis
Wellness
- Fitness centre and private training rooms
- Spa treatment rooms
- Yoga, Pilates, sauna and steam facilities
Entertaining
- Private screening room
- Wine tasting rooms and storage
- Private dining and event spaces
Service & Grounds
- Five acres of gardens by Enzo Enea
- 24-hour doorman, concierge and security
- Valet and butler service
The Visionaries
OMA / Shohei Shigematsu
Architecture
OMA planned the Park Grove enclave and its buildings, arranging them to hold open view corridors to Biscayne Bay.
Meyer Davis
Amenity Interiors
Meyer Davis designed the shared lifestyle and amenity spaces across the enclave.
Enzo Enea
Landscape Design
Enea designed the five acres of gardens the three buildings share.
Residences & Layouts
Residence lines at Club Residences
01 line
02 line
03 line
04 line
05 line
06 line
07 line
08 line
Penthouse level
Coconut Grove on Biscayne Bay
2831 South Bayshore Drive is the inland building of the Park Grove enclave, a short walk from Dinner Key, Regatta Harbour and the Coconut Grove village centre.
Dinner Key and Regatta Harbour
Marinas, waterfront dining and the sailing centre are within walking distance along South Bayshore Drive.
Coconut Grove village centre
CocoWalk, the Grove's restaurants, galleries and independent shops sit a few blocks inland.
Waterfront parks
Kennedy Park, Peacock Park and the Bayshore path run along the same stretch of Biscayne Bay.
Comparable Buildings
Buyers considering Club Residences at Park Grove typically also evaluate these buildings
Frequently Asked Questions
Where is Club Residences at Park Grove located?
Club Residences at Park Grove is at 2831 South Bayshore Drive in Coconut Grove, Miami, Florida 33133. It is the third building of the Park Grove enclave, alongside One Park Grove at 2811 and Two Park Grove at 2821.
Is Club Residences the same as Three Park Grove?
Buyers sometimes search for it as Three Park Grove, but that is an informal name. The condominium association and the marketed name are both Club Residences at Park Grove.
How many residences are at Club Residences at Park Grove?
The building contains 132 residences. Miami-Dade County property records show 132 condominium parcels at 2831 South Bayshore Drive, all classified as residential, under the Club Residences at Park Grove Condominium declaration.
How large are the residences?
County records show one-, two- and three-bedroom homes from 681 to 1,679 square feet. Typical line sizes are about 695 square feet on the 07 line, 978 on the 04 line, 1,046 on the 02 line, 1,107 on the 08 line, 1,184 on the 05 line and 1,281 on the 01 line, with the 03 and 06 lines spanning a wider range.
How does Club Residences differ from One and Two Park Grove?
It is a separate condominium association and a different product. Residences here run 681 to 1,679 square feet with one to three bedrooms, while One and Two Park Grove run 1,954 to 7,860 square feet with two to five bedrooms. All three share the same five-acre site, gardens and amenity program.
What have residences sold for at Club Residences?
Twenty-six qualified deeds recorded between January 2024 and August 2026 ranged from $900,000 to $2,800,000, a median of $1,975,000, or $1,292 to $2,247 per square foot with a median of $1,638. These are recorded closed sales from county records, not current asking prices.
What should a buyer ask about fees and assessments?
Request the Club Residences association's own operating budget, reserve study, insurance placement, current monthly charges and any assessment history, together with the master-association charges for the shared grounds and amenities. Figures from One or Two Park Grove do not apply here. We review these documents with clients before an offer.
Are there condos for sale at Club Residences at Park Grove now?
Availability changes frequently and not every residence is publicly listed. Contact Manhattan Miami for current Club Residences inventory, unit-level pricing, carrying costs and private showing access.
Private Availability at Club Residences at Park Grove
For current availability, pricing history, floor plans, and off-market opportunities at Club Residences at Park Grove, request a confidential review with our advisory team.
2831 South Bayshore Drive, Coconut Grove, FL 33133
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Miami Real Estate Market Intelligence
Market Context: The Miami-to-Northeast and Miami-to-California migration has converted from pandemic-era spike to structural relocation. Miami’s millionaire population grew approximately 78% between 2013 and 2023. Geographic constraint is binding: ocean, bay, and Everglades pin supply. December 2025 medians: Miami Beach condo $620K, Brickell condo $580K. Luxury condominium price per sq ft: $1,200-$3,500+, extending to $2,000-$4,500+ on Fisher Island and $1,800-$4,000+ at South of Fifth.
Value submarkets: Brickell ($600-$1,500/SF), Edgewater ($700-$1,200/SF), Downtown Miami ($600-$2,000/SF). Trophy submarkets: Fisher Island, Sunny Isles Beach ($1,500-$3,500/SF, dense branded-residence inventory), South of Fifth. Branded benchmarks include Four Seasons Surf Club ($2,200-$3,500/SF), St. Regis Sunny Isles ($1,800-$2,800/SF), and Porsche Design Tower ($1,600-$2,400/SF). Miami now carries more hotel-branded residences than any other Western Hemisphere city.
Structural inputs compound: no state income tax (vs. 10.9% NY, 13.3% CA), no estate tax, 78% decade millionaire growth, and construction-cost inflation. Current pre-construction inventory was financed and broken ground before 20-50% tariffs landed on steel, aluminum, concrete, and lumber, effectively the last tranche of pre-tariff pricing. Florida SB 264 restricts acquisitions by nationals of certain countries within 10 miles of military installations and must be screened at contract stage for international buyers.
Key Facts
- Miami Beach Condo Median (Dec 2025): $620K
- Brickell Condo Median (Dec 2025): $580K
- Luxury Condo $/SF: $1,200-$3,500+
- Fisher Island $/SF: $2,000-$4,500
- Avg Days on Market: 95
- Closing Costs: 2-3% (cash), 3-4% (financed)
- Property Tax: ~2% of assessed value annually
- Millionaire Population Growth: +78% (2013-2023)
- State Income Tax: 0% (vs. NY 10.9%, CA 13.3%)
What Buyers Should Know
Miami’s millionaire population grew approximately 78% between 2013 and 2023 with no state income tax and hard geographic constraints (ocean, bay, Everglades) capping supply. Luxury condominium price per sq ft runs $1,200-$3,500+, extending to $2,000-$4,500+ on Fisher Island and $1,800-$4,000+ at South of Fifth. Miami now carries more hotel-branded residences than any other Western Hemisphere city.
Miami Real Estate FAQs
What are Miami’s current condominium medians?
December 2025: Miami Beach $620K, Brickell $580K. Luxury condominium stock runs $1,200-$3,500+ per sq ft, extending to $2,000-$4,500 on Fisher Island and $1,800-$4,000 at South of Fifth.
Why is Miami attracting UHNW capital structurally?
Zero state income tax (versus NY 10.9%, CA 13.3%), no estate tax, a 78% decade growth in the millionaire population (2013-2023), and geographic constraints that cap long-run supply. These are structural inputs, not cyclical.
What does the construction-cost tariff environment mean for current inventory?
Current pre-construction inventory was financed and broke ground before 20-50% tariffs landed on steel, aluminum, concrete, and lumber. Replacement-cost pricing on the next development cycle is expected to rise materially. Current allocations represent the last tranche of pre-tariff pricing.
What is Florida SB 264 and how does it affect international buyers?
Florida SB 264 restricts property acquisitions by nationals of seven countries (China, Russia, Iran, North Korea, Cuba, Venezuela, Syria) within 10 miles of military installations. The restriction must be screened at contract stage and may require entity-structure adjustments to comply.
What are typical monthly carrying costs on a Miami condominium?
HOA $0.80-$2.50 per sq ft per month, property tax ~2% of assessed value annually, HO-6 insurance $2,000-$5,000+ annually, flood insurance $500-$3,000+. A 2,000 sq ft condo runs $1,600-$5,000 per month in HOA alone.
What are the post-Surfside inspection requirements?
Buildings 3+ stories must undergo structural inspections at year 30 (year 25 if coastal), then every 10 years. Associations must fully fund reserves; reserve waivers are no longer permitted. Older buildings carry special-assessment risk; inspection and reserve-study review is required at due-diligence.