Aerial view of Grove at Grand Bay

Grove at Grand Bay
Homes for Sale in Miami, FL

Community in Miami · Miami-Dade County · ZIP 33133
Median sale $8.03M
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True comps, carrying-cost math, and listings before the portals.

Built fromLive MIAMI MLS data8 years of closingsUpdated twice daily

Over the 12 months ending 2026-09-12, 4 recorded sales closed at a median of $8,025,000, $1,819 per square foot, a median 87 days on market, sellers accepting 90% of original asking. At the median price and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $141,190 ($140,470 with the full homestead exemption).

Live · Grove at Grand Bay Housing Pulse MIAMI MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$8.03M
Median sold · 12 mo
$1819/sf
Sold $/sqft · 12 mo
peak $1819 in 2026
90.5%
Sale vs ask
Miami-Dade median: 94.0%
Tempo
88days
Median DOM · closed
15 days at the 2022 low
4
Sold · last 12 mo
10-yr average: about 3 a year
Track record · 8 years of records
4,536sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Grove at Grand Bay trades on price per square foot, not price alone. At a median of roughly $1,941 per square foot against a $7,000,000 median price, the math here is dominated by finish level, floor, and view line rather than square footage counts. With only three closings in the current window, any single sale can swing the read on value, so trust the per-square-foot figure more than a headline number.

A median 150 days on market tells you this is not a fast-clearing tier. Pricing has to be precise from day one, because at this price point buyers are comparing a small set of comparable units, not shopping a broad inventory. Sellers should expect a longer runway and price to the unit's actual condition and view rather than to a neighborhood average.

The 60-Second Overview

Grove at Grand Bay market snapshot (as of September 12, 2026): the median sale price is about $8.03M ($1819 per sq ft over the trailing 12 months of closed sales), and a median 88 days on market for closed sales.

Grove at Grand Bay sits at the high end of the Miami-Dade luxury condo market, where pricing is driven almost entirely by unit-level finish and view rather than broad market momentum.

Best for

  • Buyers purchasing at the upper end of the Miami-Dade condo market who are comfortable with a longer marketing period
  • Sellers with a well-maintained or recently updated unit who can price precisely against limited but relevant comparables
  • Buyers or sellers who want per-square-foot analysis rather than a single median price to guide their decision

Probably not for

  • Buyers who need community amenity details confirmed before deciding, since none are currently identified from MLS listings
  • Sellers expecting a quick sale timeline based on broader Miami condo market averages
  • Buyers working from a fixed budget who need a wide range of price points to compare, given the concentration around a single high median

Windows contain 0 to 9 sales each (4 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2018 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$5M$10M20182020202220242026
Every sale since 2018 · price vs size
$0$10M$20M2k5k8k10k
30 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$500$1K$2K20182020202220242026
Up from $791 in 2018 to a $1819 peak in 2026; $1819 now.
Median days on market · closed sales
010020020182020202220242026
15 days at the 2022 low; 88 now.
Sale price vs original ask · median
85%90%95%20182020202220242026
90.5% now vs Miami-Dade 94.0%.
Homes sold per 12-mo window
025820182020202220242026
0 to 9 a year; 4 in the current window.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Miami-Dade County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$3,172/mo
Miami-Dade County typical true cost to own
$158/mo
Miami-Dade County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

How much local inventory is already under contract

20% of homes for sale in ZIP 33133 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-08).

If we were buying in Grove at Grand Bay today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Grove at Grand Bay.

Best Buy
Buyers and sellers transacting at the high end of the Miami condo market who expect a deliberate pace rather than a quick close.
Biggest Risk
A thin closing count means the median price and per-square-foot figures can shift meaningfully with the next sale or two.
Sweet Spot
Units priced and marketed against true recent comparables rather than the building's general reputation.
Avoid If
You need a fast transaction timeline; the 150-day median points to a longer sales cycle.

Pricing by the Unit, Not the Building

With a median price of $7,000,000 and a median of about $1,941 per square foot, the spread between a well-positioned, updated unit and one needing work can be significant. Buyers should treat every listing here as its own case rather than assume a building-wide price trend.

The 150-day median days on market reflects a market where transactions are infrequent and negotiated carefully. Three closings in the current window is a thin sample, which means published median figures should be read as a directional signal rather than a precise valuation tool for any specific unit.

The location and the amenities are priced into every listing in Grove at Grand Bay. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

At this price point, with limited recent closings to lean on, pricing a listing or evaluating an offer requires digging past the median into unit-specific condition and comparable sales. We walk buyers and sellers through that analysis line by line rather than relying on a single headline number.

Grove at Grand Bay in 15 seconds.

Best forBuyers and sellers transacting at the high end of the Miami condo market who expect a deliberate pace rather than a quick close.
Biggest advantagePricing here is set by unit-level finish and view, giving informed buyers room to negotiate on comparables rather than a blanket per-square-foot figure.
Biggest riskA thin closing count means the median price and per-square-foot figures can shift meaningfully with the next sale or two.
Sweet spotUnits priced and marketed against true recent comparables rather than the building's general reputation.
Avoid ifYou need a fast transaction timeline; the 150-day median points to a longer sales cycle.

HOA, CDD & Fees

In short
  • HOA status not on record. Verify any dues before you offer
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Grove at Grand Bay sales matched to your home.

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Grove at Grand Bay?
The median sale price in Grove at Grand Bay was $8.03M over the 12 months ending September 12, 2026 (4 closed sales, MIAMI MLS).
How long do homes in Grove at Grand Bay take to sell?
Homes that closed in the 12 months ending September 12, 2026 took a median 88 days on market (4 sales, MIAMI MLS).
Who is the best real estate agent for Grove at Grand Bay?
The best agent for Grove at Grand Bay is one who actively works Miami and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Grove at Grand Bay.
How do I find a top Miami real estate agent who knows Grove at Grand Bay?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Grove at Grand Bay and the wider Miami area.
Can Momentum Realty connect me with an agent for Grove at Grand Bay?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Grove at Grand Bay purchase or sale - no call center and no pressure.
Buyers purchasing at the upper end of the Miami-Dade condo market who are comfortable with a longer marketing periodExcellent fit
Sellers with a well-maintained or recently updated unit who can price precisely against limited but relevant comparablesExcellent fit
Buyers or sellers who want per-square-foot analysis rather than a single median price to guide their decisionExcellent fit
Buyers who need community amenity details confirmed before deciding, since none are currently identified from MLS listingsProbably not
Sellers expecting a quick sale timeline based on broader Miami condo market averagesProbably not
Buyers working from a fixed budget who need a wide range of price points to compare, given the concentration around a single high medianProbably not

Data sources & freshness

Community market statsMIAMI MLS closed sales, 12-month windows ending September 12, 2026
Under-contract sharesMIAMI MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2018 (30 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of MIAMI MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the MIAMI MLS member average and 8 days faster, and we’ll price yours against live local comps.

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Thinking of selling in Grove at Grand Bay? 4 recorded closings; median 87 days on market (window ending 2026-09-12). See the Miami-Dade County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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