Coconut Grove waterfront condos in Miami

MIAMI NEIGHBORHOOD GUIDE

Coconut Grove Condos for Sale in Miami

Waterfront and village-core Coconut Grove Miami condos, from Park Grove and Grove at Grand Bay to Mr. C, Vita at Grove Isle, Four Seasons and boutique low-density buildings.

By Anthony Guerriero, Licensed Real Estate Broker | Manhattan Miami Real Estate | Updated August 2026

Coconut Grove condos for sale in Miami require a different search process than Brickell or Miami Beach. The Grove is a low-rise, canopied bayfront village where the best inventory is split between waterfront condominium towers, boutique new construction, older bayfront buildings and single-family estates that often trade privately. Buyers comparing Park Grove, Grove at Grand Bay, Mr. C Residences, Vita at Grove Isle and the Four Seasons pipeline should compare exposure, bayfront orientation, building services, insurance posture, reserves, walkability and resale liquidity before relying on a single price-per-square-foot average.

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Geography

Coconut Grove Real Estate Map

Coconut Grove is bounded by US-1 (South Dixie Highway) to the north, Biscayne Bay to the east, the bayfront coastline to the south (including Grove Isle), and a stair-step western edge running along Brooker Street, Grand Avenue, Lincoln Drive, Grant Drive, SW 42nd Avenue, and North Prospect Drive down to the water.

Coconut Grove at a Glance

BoundariesVizcaya south to Mercy Hospital area; Biscayne Bay to US-1
ZIP Codes33133, 33129
Inventory MixBranded bayfront condos, gated estates, mid-rise condos, historic single-family
Bayfront Condo PSF$1,100-$2,800+
Older Condo PSFMaterially below newer construction
Trophy Estate Tier$10M-$50M+ (often off-market)
Sub-areasNorth Grove · Center Grove · South Grove
TransitCoconut Grove Metrorail · US-1 · ~20 min to MIA

Coconut Grove vs Adjacent Markets

Coconut Grove is positioned between the vertical urban core of Brickell and the suburban prestige of Coral Gables. Each comparison clarifies a distinct buyer profile.

vs Brickell

Brickell is high-density, vertical, and dominated by pied-à-terre and short-hold buyers. Coconut Grove is low-rise, canopied, family-oriented, with longer holding periods. Top-tier bayfront PSF is broadly comparable; buyer mix and resale liquidity are not.

vs Coral Gables

Coral Gables offers Mediterranean prestige, an established school corridor, and primarily single-family inventory. Coconut Grove adds bayfront condo product and a walkable village core that Coral Gables structurally cannot replicate.

vs Key Biscayne

Key Biscayne is an island market with oceanfront and bayfront condos and gated single-family. Coconut Grove trades island isolation for mainland connectivity, ~10 minutes to Brickell, ~10 to Coral Gables, and direct Metrorail access.

vs Pinecrest

Pinecrest is the suburban estate market, larger lots, school-driven, fully residential. Coconut Grove offers a similar family profile with bayfront access and a walkable core, at materially higher PSF on land.

Lifestyle & Geography

North Grove and the Bayfront. From Vizcaya south to the Grove Village core. The bayfront edge holds the flagship condominium addresses, Park Grove, Grove at Grand Bay, Mr. C Residences, alongside the Coconut Grove Sailing Club and historic estates set behind the canopy.

Center Grove (CocoWalk and the Village Core). CocoWalk, Commodore Plaza, Main Highway, and the small grid of cafes, galleries, and ground-floor retail that define the Grove's street life. New residential infill clusters within a 10-minute walk of the core.

South Grove and the Gated Enclaves. Camp Biscayne, Tahiti Beach, and the streets adjacent to Cocoplum. Larger lots, denser canopy, and a meaningful share of trades happens off-market.

Schools. Carrollton School of the Sacred Heart, Ransom Everglades, and Gulliver Prep proximity anchor sustained family demand and longer average holding periods than other Miami submarkets.

Outdoors. Coconut Grove Sailing Club, Peacock Park, Kennedy Park, Vizcaya Museum and Gardens, and Fairchild Tropical Botanic Garden a short drive south.

Manhattan Miami often guides buyers relocating from California toward Coconut Grove specifically, where the canopy, school proximity, and family-oriented hold periods more closely resemble Bay Area neighborhood expectations than Brickell or South Beach.

Price Ranges by Property Type

Property TypeTypical Price Range
1-Bedroom Condo$650,000-$1.5M
2-Bedroom Condo$1.2M-$4M
3-Bedroom Condo$2.5M-$10M
Bayfront Branded Condo$3M-$15M+
Single-Family (Center / North Grove)$2M-$10M
Trophy Estate (South Grove / Bayfront)$10M-$50M+

Newer-construction (under 30 years) and older-condo PSF require a two-tier lens: amenity, layout, and reserve-funding gaps mean older bayfront mid-rise inventory trades materially below new branded product, even at the same address.

Notable Coconut Grove Condo Buildings

BuildingArchitect / DeveloperBuyer Fit
Park GrovePelli Clarke PelliBayfront flagship, larger service program
Grove at Grand BayBjarke Ingels Group (BIG)Iconic architecture, boutique bayfront feel
Mr. C Residences Coconut GroveArquitectonicaBranded service, village walkability
Vita at Grove IsleBIG-designed pipelineGated island setting, pre-construction diligence
Four Seasons Private Residences Coconut GroveBranded ultra-luxury pipelineService-driven waterfront replacement for estate buyers
The WELL Coconut GroveWellness-branded pipelineHealth/wellness positioning near the village core
Grove IsleEstablished gated island condoPrivacy, bay views and mature ownership structure
Grovenor HouseEstablished luxury mid-riseLarge residences and direct bayfront access

Pipeline addresses such as Four Seasons, Vita and The WELL can shift in release schedule, delivery date and remaining inventory. Verify current sponsor availability before allocating capital or relying on old price sheets.

Coconut Grove Market Overview

Inventory. Three product groups coexist. Bayfront branded condos along South Bayshore Drive (Park Grove, Mr. C, Grove at Grand Bay) define the upper tier; older mid-rise condos along the same corridor trade at meaningful discounts; gated single-family enclaves in South Grove (Camp Biscayne, Tahiti Beach, Cocoplum-adjacent) anchor the trophy market.

Pricing. Bayfront PSF on newer-construction condos runs $1,100-$2,800+, with branded service driving the upper end. Older-condo PSF sits well below, even when waterfront, reflecting amenity and reserve-funding gaps. Single-family bayfront and gated estates regularly clear $10M-$50M+, with a meaningful share never appearing on MLS.

Liquidity. Holding periods run materially longer than Brickell or Miami Beach. The pied-à-terre culture is thin. Together this compresses the visible resale pipeline and concentrates negotiating leverage with sellers in the bayfront and gated-enclave segments.

Buyer profile. Latin American family offices, US-tax-relocating buyers from the Northeast and West Coast, and second-home buyers seeking lush canopy and bayside living. FIRPTA, ITIN, and Florida SB 264 considerations apply, plan early.

Coconut Grove Condos for Sale

The live-inventory feed below pulls active Coconut Grove condominium listings directly from the South Florida MLS. For waterfront single-family inventory, off-market estate availability, or pre-construction allocations not visible here, contact us for the discreet listings list.

Coconut Grove Buyer Profile

Who is the Coconut Grove condo buyer profile?

Coconut Grove draws relocating families, waterfront-condo buyers, long-hold Miami residents and international buyers who want a quieter alternative to Brickell or Miami Beach. The search should begin with product type: a Park Grove or Grove at Grand Bay residence solves a different need from a boutique village-core condo, a Grove Isle residence, a Four Seasons or Vita pre-construction allocation, or a single-family estate in South Grove.

What are the top luxury condo buildings in Coconut Grove?

Park Grove, Grove at Grand Bay, Mr. C Residences Coconut Grove, Vita at Grove Isle, Grove Isle, Grovenor House and Four Seasons Private Residences Coconut Grove are the buildings buyers most often compare. Direct-water orientation, private elevator layouts, outdoor space, service level, insurance, reserves, rental rules and remaining developer inventory all matter more here than headline price alone.

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