New Construction · Coconut Grove

Park Grove: Prices, Floor Plans & Buyer Guide

A buyer's guide to Park Grove in Coconut Grove: current pricing, floor plans, the completion timeline, and what to know before you commit capital.

Resale listings from ~$940K Starting price
~271 across three towers Residences
Up to 23 stories across three towers Floors
All three towers delivered 2018-2020 Est. completion

The project

Park Grove is a three-tower condominium campus at 2811-2831 S Bayshore Drive in Coconut Grove, developed as a joint venture of Terra Group and The Related Group. One and Two Park Grove were designed by OMA, and Club Residences at Park Grove (Tower 3) by Arquitectonica, together holding about 271 residences ranging roughly 681 to 3,592 sq ft.

Club Residences and Two Park Grove completed in 2018 and One Park Grove, the final phase, completed in 2020. Resale listings range from about $940,000 to $2.8M and above, with a median list around $1.8M in late-2025 data. Source: Terra Group and project sources, verified October 2026.

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Park Grove, Coconut Grove

Project snapshot

Park Grove at a glance.

The facts below are drawn from this guide and from the developer's published materials. Where a fact is not verified, the page says so plainly rather than guessing.

Location / County
Coconut Grove, Miami-Dade County
Residence types
1-4 bedroom residences, ~681-3,592 sq ft; Club Residences; penthouses
Status
Completed
Estimated completion
All three towers delivered 2018-2020
Published pricing
Resale ~$940K-$2.8M+
Developer
Terra Group and The Related Group
Rental restrictions
Contact for current information
Sales status
Completed; active resale market

Information reviewed October 2026. Prices, availability, and completion dates change frequently. Confirm current terms with the developer or a licensed advisor.

Sources consulted for this guide

Source links open in a new tab and are provided for verification only. Facts carry the verification date recorded above; prices, availability, and timelines change and require sales-gallery confirmation.

Verified facts carry the source links above, each pointing to the original public source where one is available. Everything else on this page is marked Not verified or Contact for current information. This page never hosts or hotlinks external files, renderings, brochures, or floor plans; where a document exists only on the developer's site, the source link above is the reference.

At a glance

Park Grove in Coconut Grove, in numbers.

County

Miami-Dade

City

Coconut Grove

Neighborhood

Coconut Grove

Developer

Terra Group and The Related Group

Address

2811-2831 S Bayshore Drive, Coconut Grove, FL 33133

Price range

Resale ~$940K-$2.8M+

Starting price

Resale listings from ~$940K

Residences

~271 across three towers

Floors

Up to 23 stories across three towers

Sales availability

Completed; active resale market

Est. completion

All three towers delivered 2018-2020

Residence types

1-4 bedroom residences, Club Residences, Penthouses

Construction status

Completed

Property category

Condominium

Design & architecture

One and Two Park Grove by OMA; Club Residences at Park Grove by Arquitectonica

Official website

Official project site

Gallery

Renderings and interiors.

Developer renderings and interior imagery are updated as phases release. Current documents are shared privately with registered buyers.

Representative imagery of Coconut Grove; official renderings on request
Representative interior imagery; official renderings on request

Interior renderings on request

Floor plans on request

Pricing & availability

What Park Grove costs today.

The advertised starting price is the developer's published entry point. Available units, real pricing bands, and incentives change as phases sell, so we confirm current terms with the sales team before you commit capital.

Advertised starting price
Resale listings from ~$940K
Published price range
Resale ~$940K-$2.8M+
Available units / sales status
Completed; active resale market
Price by bedroom configuration
Resale listings from about $940,000 to $2.8M and above; median list near $1.8M with averages around $1,733 per sq ft in late-2025 data
Penthouse pricing
Contact for current information
Deposit schedule
Contact for current information
Developer incentives
Contact for current information

Current pricing sheet for Park Grove.

Price lists, deposit schedules, and any developer incentives are shared privately with registered buyers after the sales team confirms today's numbers.

Request current pricing

Where a number is not published on this page, the row reads Contact for current information rather than guessing. Never treat an advertised starting price as the price of a specific available unit.

Architecture & residences

The building and residences at Park Grove.

The building profile below records what this page verifies about the tower and its residences: floor counts, unit mix, dimensions, finishes, and views. Anything the page does not state is marked Not verified rather than guessed. Layouts, dimensions, and pricing change as phases sell, so current floor plan documents, view matrices, and availability are shared with registered buyers.

Towers / floors
Up to 23 stories across three towers
Total residences
~271 across three towers
Residence types
1-4 bedroom residences, Club Residences, Penthouses
Square footage
One & Two Bedroom: ~681-1,800 sq ft; Three & Four Bedroom: ~2,000-3,592 sq ft
Ceiling heights
Not verified
Finishes
Not verified
Kitchens
Not verified
Baths
Not verified
Smart-home features
Not verified
Parking & storage
Not verified
Views
Not verified

The floor plans at Park Grove.

Layouts, dimensions, and pricing change as phases sell. We share current floor plan documents, view matrices, and availability with registered buyers.

01

One & Two Bedroom

1-2 bedroom · ~681-1,800 sq ft

Entry and mid-size residences across the three towers.

02

Three & Four Bedroom

3-4 bedroom · ~2,000-3,592 sq ft

Larger residences and Club floor plans.

Full floor plan documents, view matrices, and current availability are shared privately with registered buyers.

Request floor plans

Amenities & lifestyle

The amenity program at Park Grove.

The list below records every amenity this page verifies for the project. Where the status of an amenity is not documented on this page, confirm with the sales team whether it is planned or already operating before you rely on it.

Wellness center and spa with treatment rooms, steam rooms and saunas

State-of-the-art fitness facilities

Private training rooms with Pilates and spinning

Indoor and outdoor yoga

Club lounge and media room

Poolside cabanas and grill pavilions

Three-tower campus on South Bayshore Drive in Coconut Grove

Construction & completion

Where Park Grove stands today.

Completion dates on new construction are estimates, not promises: they shift with permitting, financing, and the pace of the build. Announced milestones below are the ones this page records; anything unverified is marked plainly, and the current timeline should be confirmed with the developer before you plan around it.

Construction status
Completed
Estimated completion
All three towers delivered 2018-2020
Announced milestones
Club Residences and Two Park Grove delivered 2018; One Park Grove completed 2020 with about $245M in sales volume at its 2020 close

Estimated completion is the developer's target as recorded on this page and is not a verified delivery date. Where the timeline is not verified, current scheduling requires confirmation with the project's sales team.

Location & neighborhood

Where Park Grove sits.

Address, neighborhood position, and nearby attractions below are recorded from this page's own project notes. Drive times, walk scores, and ratings are never invented on this site; where they are not documented here, the community guide is the best next step.

Street address
2811-2831 S Bayshore Drive, Coconut Grove, FL 33133
City
Coconut Grove
County
Miami-Dade
Neighborhood
Coconut Grove
Position & nearby
2811-2831 S Bayshore Drive, Coconut Grove waterfront
Transport notes
Not stated on this page

Community guide

Coconut Grove

Explore Coconut Grove living, dining, and market context in the full community guide.

Explore the area

Ownership considerations

What to know before you commit.

General guidance for new construction buyers. Building-specific details are marked "Not verified" where they have not been confirmed for this project.

Short-term rental policy
Not verified on this page; rental rules are confirmed in the governing documents before you commit
Minimum rental period
Not verified
Leasing / owner-occupancy rules
Not verified; confirm current leasing and occupancy terms with the sales team
HOA / condo fees
Not published on this page; request the current budget before you commit
Financing notes
Not verified on this page; the deposit schedule above records the financing model this page states for the project, and loan terms are confirmed before contract

Closing costs

Florida buyer closing costs typically include title insurance, lender fees, county recording charges, prorated property taxes, and Florida documentary stamp tax on the purchase price. The exact figure for this project is not published on this page, so confirm the current estimate before you sign. Not verified.

Not verified

HOA and condo fees

New developments typically assess monthly HOA or condominium fees covering common areas, amenities, insurance, and building staff, with special assessments possible for capital projects. Monthly fees for this project are not published on this page; request the current budget. Not verified.

Not verified

Deposit process

Pre-construction purchases in Florida commonly require staged deposits across contract, groundbreaking, and closing milestones, held in escrow. The exact schedule for this project should be confirmed in writing with the developer before you commit. Not verified.

Not verified

Flood and wind insurance

Coastal Florida properties carry flood and windstorm insurance requirements that can add meaningfully to monthly carrying costs, and premiums have risen across the state. The current premium profile for this project is not published on this page; confirm with an insurance advisor. Not verified.

Not verified

Buyer questions

Park Grove, answered.

Pricing, deposits, timelines, the developer, and the investment case, answered directly. For the broader picture on South Florida new construction, browse the full FAQ hub.

New Construction South Florida FAQs

What is the construction status of Park Grove?

Park Grove is complete. Club Residences and Two Park Grove delivered in 2018, and One Park Grove, the third and final phase, delivered in 2020.

What are the current prices at Park Grove?

Resale listings run from about $940,000 to $2.8M and above, with a median list near $1.8M in late-2025 data. Confirm specific unit pricing with your advisor.

Who is developing Park Grove?

Park Grove is a joint venture of Terra Group and The Related Group, with One and Two Park Grove designed by OMA and Club Residences by Arquitectonica.

How many residences are in Park Grove?

The three towers hold about 271 residences (One Park Grove 66 units, Two Park Grove about 73, and Club Residences 132), ranging roughly 681 to 3,592 sq ft.

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Pre-construction access

Request pricing & floor plans for Park Grove.

Tell us the floor plans and views you are considering, and we will respond with current availability, pricing, deposit structure, and the contract terms that matter before you commit. Complete discretion, no obligation.

Current availability and pricing across the project

Deposit structure and contract terms, negotiated for you

Honest comparison against the resale market

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By submitting this form you consent to being contacted by Florida Luxury Real Estate (Realty ONE Group Evolution, d/b/a Kelby Contreras, P.A.) about your inquiry. Your details are kept confidential and are never shared or sold. Where a fact is not yet verified, we will say so and share current information on request.