2843 S Bayshore Dr, #8B, Coconut Grove, FL, 33133 | $1,244,000

Grove Towers is located in the heart of Coconut Grove, one of Miami's most desirable neighborhoods, lined by Sailboat Bay on prime South Bayshore Drive. This spacious 2 bedroom, 2 bathroom residence offers views of the Bay, bobbing sailboats, and Coconut Grove's Skyline. Just downstairs you can stroll to everything you need including Marinas, Parks, Shopping, Restaurants, Coffee Shops, Movie-theater, Fresh Market and much more. With a 1, 375 SF interior floor plan plus 2 huge balconies, you can make this your dream home in the sky. Amenities include Front Desk Concierge, On Site Property Manager, Valet, Tennis/pickleball, Heated Pool, a modern Gym & more. The association is in its final stage of completing their 40-year certification with assessment fully paid off by seller. EASY TO SHOW!

Features

  • Heating: Central
  • Cooling: Central Air,Ceiling Fan(s)
  • Levels: 19
  • Amenities: Bike Storage,Fitness Center,Barbecue,Picnic Area,Pickleball,Pool,Sauna,Spa/Hot Tub,Storage,Tennis Court(s),Trash,Elevator(s)
  • Bedrooms: 2
  • Baths: 2 full
  • Complex: GROVE TOWERS
  • Year Built: 1982
  • Common Charge: $1,974 Monthly
  • Approx Sq. Feet: 1,375
  • Est. Taxes: $6,466
  • View: Bay,Ocean,Water
  • Water Front: Yes
  • Elem. School: Coconut Grove
  • Middle School: Ponce De Leon
  • High School: Coral Glades High
  • Pets Allowed: Yes
  • Pet Policy: Size Limit,Yes
  • Appliances: Built-In Oven,Dryer,Dishwasher,Electric Range,Electric Water Heater,Disposal,Microwave,Refrigerator,Trash Compactor,Washer
  • MLS#: A11645858
  • Days on Market: 8 days
  • Website: https://www.raveis.com
    /prop/A11645858/2843sbayshoredr_coconutgrove_fl?source=qrflyer
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Listing courtesy of COLDWELL BANKER REALTY   Phone: 305-672-6300

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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2843 S Bayshore Dr, #8B, Coconut Grove, FL, 33133

$1,244,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $995,200 $995,200 $995,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.443% 6.258% 6.201%
Monthly Tax Payment $539 $539 $539
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,047 $6,047 $8,398
Total Monthly Payment $6,711 $6,711 $9,062

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.