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Grove at Grand Bay Home Values: What Homes Actually Sell For

Buying here? See Grove at Grand Bay homes for sale and the Grove at Grand Bay community guide (Miami), or all Grand Bay homes for sale.

Grove at Grand Bay (Miami, FL): 4 recorded closings in the 12 months ending 2026-09-20, a 6-year price record, and the year-by-year record — every number from recorded MLS closings, none from an estimate model.

Median sold price
$8,025,000
window ending 2026-09-20
Median $/sqft
$1,819
4 recorded closings
Median days to sell
87
from list to contract-to-close record

In the current window, sellers accepted a median 90.5% of original asking; the median sale took 87 days (window ending 2026-09-20).

The 6-year recorded price history

20182026
YearMedian soldMedian $/sqftMedian DOMSold ÷ original askSales
2026$8,025,000$1,8198790.5%4
2023$12,675,000$1,74815687.5%4
2022$5,025,000$1,5311597.6%5
2021$3,495,000$8615994.5%9
2020$2,550,000$5688891.1%3
2018$3,053,200$79118585.0%3

Over the recorded series, Grove at Grand Bay’s median sold price moved from $3,053,200 (2018) to $8,025,000 (12 months ending 2026-09-20) — +163% over that span, with every year’s figure from recorded closings, not a model.

The last decade in Grove at Grand Bay, briefly

The recorded series starts in 2018 at $3,053,200. Against the 2023 peak of $12,675,000, the current median stands at -37%. Annual sales volume here has ranged from 0 to 9 closings a year (10-yr average 3.3). With roughly 3.3 closings a year, Grove at Grand Bay’s medians move in steps, not curves — a handful of unusual sales can swing a year, which is why the sales count sits next to every figure above.

At Grove at Grand Bay’s $8,025,000 median and Miami-Dade County’s adopted 17.59 mills (FY2025-26), a home assessed at that price carries roughly $141,190 a year in property tax before exemptions, or about $140,470 with the full Florida homestead exemption — a buyer’s first-year figure; a long-time owner’s Save Our Homes cap can be far lower, which is one reason resale taxes jump at closing. Municipal and special-district millage varies inside the county; see the Miami-Dade County tax page.

Selling in Grove at Grand Bay right now: what the record says

The table above is the closed-sale record to price a Grove at Grand Bay home against; asking prices are an opening position, recorded closings are the value.

What would YOUR Grove at Grand Bay home sell for?

We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A local agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.

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How Grove at Grand Bay compares with its neighbors

Communities buyers shopping Grove at Grand Bay are also weighing (nearest by map distance), each on its own recorded 12-month closings. A median well above the neighbors is a ceiling to price against; well below is where the value argument lives.

CommunityMedian soldMedian $/sqftMedian DOMSales
THE TOWER RESIDENCES COND$2,250,000$1,3191369
THE EXECUTIVE RESIDENCES$2,300,000$1,055423
GROVE HILL TOWER CONDO$2,095,000$982643
TWO PARK GROVE CONDO$6,425,000$2,131718

More Grove at Grand Bay: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing

Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2018 through 2026. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures

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