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+52 photosLuxury home — 291 E Shore Drive E · Bay Heights · Miami
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Open property magazine$3,650,000
291 E Shore Drive E, Miami, FL 33133
Miami, FL, 33133
5 bd · 4 ba · 2,780 sqft
Listed by Douglas Elliman
291 E Shore Drive E, Miami, FL 33133
Listed by Douglas Elliman
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Estimated monthly payment
$24,460/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 $24,460/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: Zone not provided · verify insurance quotes before buying.
About this home
Find similar homesFully renovated in 2026 and truly move in ready, this 5 bedroom home sits in Bay Heights, one of Coconut Grove’s most private enclaves with 24/7 police patrol, shaded sidewalks and serious tree canopies! A walkway over a koi-style pond leads to an oversized 10ft glass pivot door, and from the moment you step inside to the tranquility and privacy of the backyard, a serene, zen like feel flows throughout. Every major system is new: plumbing, electrical, and A/C, plus all-new kitchen, baths, flooring, lighting, and finishes as well as the roof. The open floor plan connects living, dining, and kitchen, where an oversized waterfall island offers deep storage beneath. A wet bar, hidden walk-in pantry and laundry room, custom closets, and built-ins throughout provide ample storage. The primary suite opens directly to the backyard and features a spa-style bath with dual shower heads, body jets, and a freestanding tub. Three bedrooms are en-suite, including the primary, plus two additional bedrooms, one ideal as a guest, staff, or flex room. Out back, a covered terrace, handcrafted fountains, and boulder-lined landscaping are made for entertaining or unwinding. New alarm and camera system. Minutes to Brickell, CocoWalk, Vizcaya Museum Garden, Parks, Key Biscayne, and the airport. Welcome home to Bay Heights, where you’re close to everything and hidden from everything!
Property Details
Your costs (est.)
≈ $24,460/mo
291 E Shore Drive E, Miami, FL 33133 · Miami
Location
291 E Shore Drive E, Miami, FL 33133
What buyers ask about this home
What are the estimated monthly carrying costs at 291 E Shore Drive E, Miami, FL 33133?+
Property tax (after sale): $4,504/month est.; homeowners insurance: $1,001/month est.; HOA: $16/month. Fixed ownership costs before a mortgage: $5,521/month est. Principal and interest: $18,939/month; PMI: $0/month. Total for the payment scenario shown: $24,460/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 291 E Shore Drive E, 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 291 E Shore Drive E, 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 291 E Shore Drive E, 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 (cast iron and polybutylene are common in homes of this era), and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
Is there room to negotiate on 291 E Shore Drive E, Miami, FL 33133?+
This listing has been on the market 31 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 · 2.2 mi from this home · 3351 Matilda St, Coconut Grove
Ponce De Leon Middle School
Middle school · 4.2 mi from this home · 5801 Augusto St, Coral Gables
Coral Gables Senior High School
High school · 3.2 mi from this home · 450 Bird Rd, Coral Gables
Zone boundaries published by Miami-Dade County Public Schools.
Other options for this address
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
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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