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3471 Main Hwy 1240Miami, FL 33133

For Sale

$5,600,000

Smart Buyer Rebate $56,000

Cloisters on the Bay is a prestigious guard-gated bayfront enclave of only 40 homes in the heart of Coconut Grove. This rare four-level townhome offers 4 spacious bedrooms plus a dedicated office/den, 4.5 baths, a private elevator to all levels, and generous indoor–outdoor living including multiple balconies, a private walled garden, and a rooftop terrace overlooking Peacock Park. Flexible multi-level layout with large rooms, abundant natural light, marble floors, impact windows/doors, and a well-maintained original interior—ideal as a blank canvas for a full designer renovation. Private two-car garage plus two additional driveway spaces (4 spots total), a true luxury in the Grove. Community amenities include clubhouse, pool, tennis, and immediate access to marinas, parks, and CocoWalk. Recent building-wide structural inspections and strengthened reserves provide added peace of mind. This property is a rare opportunity to create a truly bespoke home at Cloisters on the Bay.

Listed by Michelle Suegart

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License #3353956

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Compass Florida, LLC

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786-863-6330

Last updated February 05, 2026

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Source: MIAMIRE #A11950099

Listing Facts

  • TypeSingle-family
  • NeighborhoodSouth Grove Bayside
  • Bedrooms4
  • Bathrooms5
  • Days on Prevu52
  • HOA/Maint. Fees$13,085/quarter
  • Taxes$58,442/year
  • Size5,660 sqft
  • Price per sqft$989

Amenities

  • Dishwasher
  • Washer/Dryer
  • Pets Allowed
  • Air Conditioning
  • Elevator
  • Parking

Location

Mortgage Calculator

Listing History

01/22/2026
Listed by Compass Florida, LLC
$5,600,000

Property Details for 3471 Main Hwy 1240

Association

Amenities

  • Association Amenities: Other, Tennis Court(s)
  • Pets Allowed: Restrictions Or Possible Restrictions

Fees

  • Association Fee: $13,085.00 Quarterly
  • Association Fee Includes: All Amenities, Insurance, Landscaping/Lawn Maintenance, Other Maintenance Includes, Pool Service, Roof Repairs, Security

Exterior

Construction

  • Property Attached: Yes
  • Stories Total: 4
  • Structure Type: Townhouse
  • Window Features: Clear Impact Glass
  • Year Built: 2005
  • Year Built Details: Resale
  • Building Name: CLOISTERS ON THE BAY
  • Construction Materials: CBS Construction
  • Entry Level: 1
  • Exterior Features: Other

Features

  • View: Other View

Measurements

  • Building Area Total: 5,660
  • Building Area Units: Square Feet
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 01-41-21-227-0190
  • Tax Annual Amount: $58,442.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Flooring: Marble
  • Interior Features: First Floor Entry, Second Floor Entry, Elevator, Walk-In Closet(s), Wet Bar, Den/Library/Office, Family Room

Measurements

  • Living Area: 5,660
  • Living Area Units: Square Feet

Rooms

  • Bathrooms Full: 4
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 4

Other

Location

  • Subdivision Name: CLOISTERS ON THE BAY COND

Parking

Parking

  • Covered Spaces: 2
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: 2 Or More Spaces, Covered

Schools

Elementary School

  • Elementary School: Coconut Grove

High School

  • High School: Coral Gables

Middle or Junior School

  • Middle Or Junior School: Ponce De Leon

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 4 bedrooms and 5 bathrooms in this single-family home at 3471 Main Hwy 1240.

What schools are nearby to 3471 Main Hwy 1240?

Nearby schools include the Coconut Grove Elementary School, Ponce De Leon Middle School, and Coral Gables High School.

Does this single-family home have parking?

Yes, there are 2 parking spaces available for 3471 Main Hwy 1240.

What are the annual taxes for 3471 Main Hwy 1240?

Annual taxes for this single-family home are estimated at $58,442.

How does 3471 Main Hwy 1240 compare to other single-family homes in South Grove Bayside?

This single-family home is listed 76% below the average price for single-family homes in South Grove Bayside and has been on the market for 75 less days than the typical home in this area.

What building or home owners association is the single-family home part of?

This single-family home is in the CLOISTERS ON THE BAY building.

What is the square footage on this single-family home?

According to the MLS, this listing is 5,660 sqft.

3471 Main Hwy 1240 is a 4-bedroom, 5-bath single-family home for sale in Miami FL 33133. Available on Prevu for 52 days at $5,600,000. This property features 5,660 square feet of living space, located in South Grove Bayside. The median listing price for single-family homes in this area is $10,625,000. Nearby schools include Coconut Grove Elementary School, Ponce De Leon Middle School, and Coral Gables High School. Additional amenities include dishwasher, pets allowed, elevator, air conditioning, parking, and washer/dryer. Browse more single-family home listings in Miami.

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.