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+29 photosGated community home — 1803 S Bayshore Lane · Fairhaven · Miami
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Open property magazine$5,995,000
1803 S Bayshore Lane, Miami, FL 33133
Miami, FL, 33133
4 bd · 5 ba · 4,480 sqft
Listed by Compass Florida, LLC
1803 S Bayshore Lane, Miami, FL 33133
Listed by Compass Florida, LLC
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Estimated monthly payment
$39,588/mo
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated monthly payment $39,588/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
Insurance and flood: AE · verify insurance quotes before buying.
About this home
Find similar homesCompletely renovated in 2025, this gated three-story residence in Coconut Grove offers refined living with custom millwork throughout, a private elevator, and curated designer finishes. The main living level features expansive open living and dining spaces anchored by a fully renovated chef’s kitchen with quartzite countertops, designed for both everyday living and entertaining, along with a custom mudroom for added functionality. The primary suite is a private retreat with dual custom walk-in closets and a floor-to-ceiling marble bathroom with dual sinks, a built-in vanity, and oversized LED mirrors. Finished with Kelly Wearstler fabric paneling and drapery, the suite exudes a layered designer aesthetic, while a custom coffee bar with a built-in beverage refrigerator just outside adds convenience. A secondary bedroom suite has been fully renovated with custom millwork, tufted wall paneling, a built-in bench, and designer wallpaper. Thoughtfully designed for modern living, the home also features two laundry rooms and a covered carport. The outdoor spaces are designed for entertaining, featuring generous covered lounge and dining areas overlooking the pool and private landscaped backyard. Tucked within the grounds, a detached 1-bedroom, 1-bath guest house with its own kitchen and dining area provides a private, self-contained space for guests, family, or staff.
Property Details
Your costs (est.)
≈ $39,588/mo
1803 S Bayshore Lane, Miami, FL 33133 · Miami
Location
1803 S Bayshore Lane, Miami, FL 33133
What buyers ask about this home
What are the estimated monthly carrying costs at 1803 S Bayshore Lane, Miami, FL 33133?+
Property tax (after sale): $7,398/month est.; homeowners insurance: $1,084/month est.; HOA: $0/month. Fixed ownership costs before a mortgage: $8,482/month est. Principal and interest: $31,107/month; PMI: $0/month. Total for the payment scenario shown: $39,588/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 1803 S Bayshore Lane, Miami, FL 33133?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 1803 S Bayshore Lane, Miami, FL 33133 need flood insurance, and what drives the premium?+
Most of Miami sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 1803 S Bayshore Lane, Miami, FL 33133?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type, and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
What extra costs come with the pool at 1803 S Bayshore Lane, Miami, FL 33133?+
A pool typically adds ongoing service, chemicals and electricity, plus periodic resurfacing and equipment replacement. Verify the safety barrier meets Florida code, which is required for insurance and resale.
Is there room to negotiate on 1803 S Bayshore Lane, Miami, FL 33133?+
This listing has been on the market 50 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Miami. Distinct neighborhoods, local dining and shopping, with downtown, Brickell and MiamiCentral as everyday destinations.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Coconut Grove Elementary School
Elementary · 1.5 mi from this home · 3351 Matilda St, Coconut Grove
Ponce De Leon Middle School
Middle school · 3.5 mi from this home · 5801 Augusto St, Coral Gables
Coral Gables Senior High School
High school · 2.6 mi from this home · 450 Bird Rd, Coral Gables
Zone boundaries published by Miami-Dade County Public Schools.
Other options for this address
ST. Stephen'S Episcopal Day School
Elementary · Private · Catholic · Grades PK–5 · Coconut Grove
Sports Leadership And Management Charter School Middle Scho
Middle school · Charter · Grades 6–8 · Miami
Sports Leadership Arts Management Charter High School
High school · Charter · Grades 9–12 · Miami
Carrollton School-Sacred Heart
Pre-K & Kindergarten · Private · Catholic · Grades PK–12 · Miami
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
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Simon Gedz
Realtor® since 1995
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