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$5,600,000
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Property Description
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.
Full Property Details
Full Property Details for 3471 Main Hwy #1240
General
- Price: $5,600,000
- HOA FEE: $4,362/month
- HOA FEE FREQ.: Quarterly
- Taxes: $58,442 (2025)
- Status: Active
- Type: Townhouse
- Source: Greater_Miami
- MLS ID: A11950099
- Updated: 2/5/2026
- Added to Site: 49 day(s) ago
Interior
- Interior Features: First Floor Entry, Second Floor Entry, Elevator, Walk-In Closet(s), Wet Bar, Den/Library/Office, Family Room
- Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
- Flooring: Marble
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
- Bedroom Features: Primary Bedroom Upstairs
Other Rooms
- Living Room: Den/Library/Office, Family Sq. Ft.
Additional Information
- Shared Amenities: Other, Tennis Court(s)
- Maint. Includes: All Amenities, Insurance, Landscaping/Lawn Maintenance, Other Maintenance Includes, Pool Service, Roof Repairs, Security
- Security/Safety: Complex Fenced, Guard At Site, Other
Exterior
- Exterior Features: Other
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: 2 Or More Spaces, Covered
Location
- Area: Cloisters On The Bay Cond
- County: Miami-Dade County
- Subdivision: CLOISTERS ON THE BAY COND
- Building Name: CLOISTERS ON THE BAY
School Information
- Elementary School: Coconut Grove
- Middle School: Ponce De Leon
- High School: Coral Gables
Community
- Community Name: Cloisters On The Bay Cond
- Association: Yes
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Structural Information
- Structure Type: Townhouse
- Detached/Attached: Attached
- Construction: CBS Construction
- Windows: Clear Impact Glass
- Doors: High Impact Doors
- Entry Floor Number: 1
- Building Size: 5660
- Square Feet: 5,660
- Living Area: 5,660 Sq. Ft.
- Year Built: 2005
Lot Features
- Property View: Other View
Financial Considerations
- Price Per Sq. Ft.: $989.4
- Association Fee: $13,085
- Assoc Fee Freq.: Quarterly
- Tax Amount: $58,442
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: CLOISTERS ON THE BAY CONDO UNIT 1240 AKA 1202 UNDIV 5660/219579 INT IN COMMON ELEMENTS OFF REC 20540-2365 OR 23267-0860 04 2005 1 COC 26502-
- Restrictions: Ok To Lease, Other Restrictions
- Property ID: 01-41-21-227-0190
Listed by Compass Florida, LLC
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Schools
Schools serving 3471 Main Hwy #1240
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Coconut Grove Elementary School 3351 Matilda St, Miami, FL 33133 | PK-5 | 0.2 mi |
Ponce De Leon Middle School 5801 Augusto Street, Coral Gables, FL 33146 | 6-8 | 1.9 mi |
Coral Gables Senior High School 450 Bird Road, Coral Gables, FL 33146 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3471 Main Hwy #1240
Date
Details
Price
Change
Source
1/22/2026
Listed
$5,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3471 Main Hwy #1240
Year
Property Taxes
Change
Tax Assessment
Change
2025
100%
100%
2024
100%
100%
2023
100%
100%
2022
100%
100%
2021
100%
100%
2020
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3471 Main Hwy #1240
3471 Main Hwy #1240, Miami, FL 33133 (MLS# A11950099) is a Townhouse property with 4 bedrooms, 4 full bathrooms and 1 partial bathroom. 3471 Main Hwy #1240 is currently listed for $5,600,000 and was received on January 22, 2026. Want to learn more about 3471 Main Hwy #1240? Do you have questions about finding other Townhouse real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

