Atlantic Luxury Advisors
Under contract. Ask us to watch it: if it comes back on the market, you hear first.
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1645 Bayshore Dr

Coconut Grove, FL 33133

$5,900,000
5
4.5
3,271 sq ft
19,800 sq ft
1935
2 car
Single Family Residence
196
Active Under Contract

Listing courtesy of Compass Florida, LLC. (Ana Cuan). Contact: [email protected].

About this home

Positioned along the coveted South Bayshore hillside, this gated residence sits on an expansive 19,800 SF lot—offering a unique opportunity to renovate or create a new estate in one of Coconut Grove’s most prestigious residential corridors. Mature tropical landscaping frames the property, while the elevated setting provides privacy and a sense of retreat just moments from the energy of the Grove and Biscayne Bay. The existing home offers generous living spaces across two levels, with 2 bedrooms and 2.5 baths on the main floor and 3 bedrooms and 2 baths upstairs. Formal living and dining rooms define the interiors, highlighted by a fireplace-anchored living room and a spacious family room with French doors opening to the terrace. A pool, expansive yard, two-car garage, and rooftop access further enhance the property’s versatility and future potential. Just steps from Biscayne Bay and minutes from Coconut Grove’s marinas, parks, and vibrant village center, this exceptional property offers the scale, location, and elevation to reimagine a signature residence along iconic South Bayshore Drive.

What it costs to own
Estimated monthly payment
$42,553/mo
Principal and interest
$29,834
Property tax
$9,027
Homeowners insurance
$3,692
HOA(not in the listing)
$0

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$108,328/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
Not stated in the listing; ask us
FEMA flood zone
Zone X, minimal risk

Outside the special flood hazard area. Flood insurance is optional.

Hurricane evacuation zone
Zone B: ordered to evacuate for Category 1 hurricanes and stronger.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.