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Welcome to 56 Samana Drive, a rare estate in the prestigious Bay Heights enclave of Coconut Grove one of Miami’s most desirable and centrally located neighborhoods. Set on an exceptional double lot, this private gated compound offers a level of space, privacy, and exclusivity rarely found in the Grove. Fully enclosed grounds create total privacy unique within the neighborhood making the property ideal for both serene everyday living and large-scale entertaining. Expansive outdoor areas surround a heated saltwater pool, creating the ultimate Miami indoor-outdoor lifestyle. The modern two-story residence spans nearly 5, 000 square feet and features soaring 20-foot ceilings, five spacious bedrooms, and seven elegant bathrooms. Marble flooring, custom closets, a chef’s kitchen with premium stainless-steel appliances, integrated surround sound, and state-of-the-art home automation complete the home. Located in North Coconut Grove, Bay Heights offers a private residential setting with 24-hour neighborhood security patrol, just minutes from Brickell’s financial district, Coconut Grove’s waterfront marinas for boating and sailing, the Grove’s top private schools, parks, dining, and boutique shopping. An exceptional opportunity to make this private Coconut Grove estate your long-term family home—truly a rare rental offering on the market. furniture Negotiable! Located in the prestigious Bay Heights neighborhood of North Coconut Grove, 56 Samana Drive offers a rare leasing opportunity for tenants seeking privacy, scale, and long-term luxury living in one of Miami’s most desirable residential enclaves. Set on an exceptional double lot, the property has a true private compound feel that is rarely available in Coconut Grove. Fully gated and fully fenced, the residence offers a level of seclusion, security, and outdoor space that is difficult to replicate in the neighborhood. Bay Heights is one of Coconut Grove’s most established and desirable communities, known for its quiet tree-lined streets, prime central location, and 24-hour neighborhood security patrol. The neighborhood offers immediate access to the best of the Grove lifestyle while maintaining a private residential atmosphere preferred by families, executives, and long-term tenants. The home is ideally positioned near Coconut Grove’s marinas for boating and sailing, parks, outdoor recreation, fine dining, boutique shopping, and some of the area’s most sought-after private schools. Brickell is also just minutes away, making the location especially attractive for tenants who want a private family setting without sacrificing proximity to Miami’s financial district and urban conveniences. The residence spans nearly 5, 000 square feet of living space across two levels and has been designed for both comfortable daily living and high-level entertaining. Soaring ceilings of more than 20 feet create dramatic volume and natural light throughout the main living areas. The overall layout provides generous proportions, strong indoor-outdoor flow, and a sense of openness that complements the size of the lot and the privacy of the grounds. The home offers five bedrooms and seven bathrooms. The fifth bedroom is a converted service room with a Murphy bed, private bathroom, and its own separate entrance, making it ideal for live-in help, household staff, nanny accommodations, guest overflow, or flexible use depending on tenant needs. This additional room adds practical functionality that is especially valuable for long-term family occupancy. Interior finishes and systems reflect the quality expected in a luxury offering. Features include marble flooring, custom closets, premium stainless steel appliances, a chef’s kitchen, surround sound, and state-of-the-art smart home automation. The property combines refined finishes with livable functionality, allowing for both a polished presentation and easy day-to-day use. The exterior spaces are a major highlight of the property. The oversized double lot provides exceptional outdoor scale for Coconut Grove and creates a setting that is particularly well suited for entertaining, family gatherings, and enjoying Miami’s year-round indoor-outdoor lifestyle. The heated saltwater pool anchors the backyard and is surrounded by expansive areas for lounging, dining, and hosting. The fully enclosed grounds enhance both privacy and peace of mind while reinforcing the estate-like feel of the property. This is a strong fit for a tenant seeking a true long-term family home in Coconut Grove. The combination of privacy, gated security, usable outdoor space, staff flexibility, proximity to top schools, and access to boating and Brickell makes the property especially compelling for relocations, executive tenants, and families who value both lifestyle and location. No short-term rentals permitted. Long-term tenancy only. All showings require proof of funds. No exceptions.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $31,200 | $31,200 | $31,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $187 | $197 | $259 |
| Total Monthly Payment | $262 | $272 | $334 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.