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
·
License #3353956
·
Compass Florida, LLC
·
786-863-6330
Last updated February 05, 2026
·
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
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.
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.