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$15M Penthouse At The Grovenor (Not Grosvenor) Languishes

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The penthouse of Miami-based art scion and megacollector Ella Fontanals Cisneros (she heads Cifo) has been languishing on the market for years with the solid price tag of $14.5 million. It's in a building who's name nobody can seem to get quite right (We're still not even totally sure). The Grovenor House (Not Grosvenor, like the square in London) was named as such because, well, it's in the Grove. It's in Coconut Grove. We think.

Anyway, Curbed National noticed it when comparing how much a 10,000 square foot property would cost in various Curbed markets (it's 9,100 square feet). The penthouse has been in Italian Architectural Digest, and Forbes, and has all the bells and whistles, including a rooftop pool, 5 bedrooms, and 7 baths. When she finally sells the place, Ms. Cisneros will make a handsome profit, to buy more art. She bought it back in 2006 for about a third of the price: a comparatively modest $5 million.
· A Miami Penthouse Fit For Art Aficionados [Forbes]
· 2627 S Bayshore Drive [Zillow]
· 10,000 Square Feet Around The Curbed Universe [Curbed]
· Cisneros Fontanals Art Foundation [Cifo]

Grovenor House

2627 S Bayshore Dr, Miami, FL 33133