Rare Opportunity: Trophy Office Asset with Long-Term Tenancy at 2811 Bayshore Drive, Coconut Grove

As exclusive listing broker, Colliers is pleased to present the opportunity to acquire a premier retail condominium located at Park Grove, a landmark mixed-use development at 2831 South Bayshore Drive in the heart of Coconut Grove. Developed by renowned industry leaders Terra Group and Related Group, Park Grove is one of the most ambitious and architecturally significant luxury residential developments ever delivered in Coconut Grove, comprised of three ultra-luxury residential towers totaling 263 condominium residences. The offering consists of approximately 10,000 SF of ground-floor space within One Park Grove, prominently positioned along South Bayshore Drive with direct exposure toward Biscayne Bay. The property is currently leased to a long-term tenant under a recently executed 10-year lease, providing investors with stable in-place cash flow.

100% Leased