Deposit schedule
Review each installment, escrow treatment, refund conditions, financing contingency, closing timeline and whether the capital commitment fits the buyer's broader liquidity plan.
Holistic Wellness Living
Wellness Has a - New Address
THE WELL Coconut Grove places wellness at the center of it all - creating the time and space to disconnect, slow down, and refocus on what matters most. Set within the lush canopy of Miami's most charming neighborhood, this 8-story boutique residence unites 194 homes with a holistic approach to living well.
194Wellness Residences
129 ftHeight
8Stories
13000+SF Wellness Club
40000+SF Rooftop Oasis
Building Details
THE WELL Coconut Grove at a Glance
Address
2855 Tigertail Avenue, Coconut Grove, FL 33133
Developer
Terra
Architect
Arquitectonica
Year Completed
2028
Residences
194
Stories
8
Building Type
Condominium
Neighborhood
Coconut Grove
What Makes It Special
Why Buyers Choose THE WELL Coconut Grove
13,000 SF Wellness Club by THE WELL
THE WELL Coconut Grove is the first residential project built from the ground up around THE WELL's wellness programming. The 13,000-square-foot Wellness Club includes a communal bath house with steam, sauna, and cold plunge, a hyperbaric chamber, crystal cave relaxation lounges, IV therapy lounge, EMS training studio, aerial yoga studio with a healing gong wall, and a longevity functional medicine practice. This is not a gym with a spa attached; it is a comprehensive wellness facility integrated into daily residential life. For buyers who prioritize health and longevity as core lifestyle values, no other building in Miami comes close to this offering.
40,000 SF Rooftop Oasis
The rooftop at THE WELL Coconut Grove spans 40,000 square feet and is designed as a true outdoor living destination. It includes two swimming pools, hot and cold plunges, a fitness forest, pickleball court, private cabanas, and outdoor social spaces. The scale of this rooftop is extraordinary for an 8-story building with 194 residences. We have toured dozens of luxury buildings in Miami, and the rooftop here rivals or exceeds what you find at projects three times the price. For buyers who want their amenities to feel like a private resort club rather than an afterthought, this is a major draw.
Terra Development and Arquitectonica Design
Developed by Terra, one of South Florida's most accomplished development firms led by David Martin, THE WELL Coconut Grove brings institutional execution to the wellness living concept. Arquitectonica, one of Miami's most iconic architecture firms, designed the building, and Meyer Davis handled the interiors. The 8-story boutique format with 194 residences across 94 unique floor plans offers real variety: 1 to 4 bedrooms, select townhomes with walk-up street access and private garden entries, and ground floor lofts with 22-foot ceilings. The diversity of layouts is unusual and speaks to genuine design thoughtfulness.
Coconut Grove's Walkable Village Character
Coconut Grove is one of Miami's oldest and most charming neighborhoods, and the location at 2855 Tigertail Avenue puts residents in the heart of it. The area is defined by its lush tree canopy, waterfront parks, boutique shops, and vibrant dining scene. Unlike Brickell or Downtown, the Grove has a walkable village character that appeals to families and buyers who want their neighborhood to feel like a community rather than a skyline. THE WELL is estimated for completion in Q1 2028 and is designed for Florida Green Building certification at the Silver level. For buyers who want wellness, walkability, and one of Miami's best neighborhoods, this is a strong match.
Advisor Perspective
Our Take on THE WELL Coconut Grove
THE WELL Coconut Grove is a project we recommend to a very specific buyer: someone who genuinely lives a wellness-centered lifestyle and wants their home to support that commitment at every turn. This is not a building that added a yoga room as an afterthought. The 13,000-square-foot Wellness Club by THE WELL is a comprehensive facility with a communal bath house, hyperbaric chamber, crystal cave lounges, IV therapy, EMS training, aerial yoga, and a longevity medicine practice. Nothing else in Miami integrates wellness at this depth.
Terra, led by David Martin, is the developer, which gives us confidence in execution and delivery. Arquitectonica designed the 8-story building, and Meyer Davis handled the interiors. The 194 residences are spread across 94 unique floor plans, which is an unusually high ratio that means most units feel individually designed rather than cookie-cutter. Options include 1 to 4 bedrooms, townhomes with street-level garden entries, and ground-floor lofts with 22-foot ceilings.
The 40,000-square-foot rooftop is genuinely impressive: two pools, hot and cold plunges, a fitness forest, pickleball court, and private cabanas. For an 8-story building, the rooftop amenity deck rivals what you see at much larger, more expensive towers. Pricing has not been publicly released, but given Coconut Grove's current market and Terra's positioning, expect entry points that reflect a premium over standard Grove product.
The Coconut Grove location at 2855 Tigertail Avenue places residents in one of Miami's most established residential neighborhoods. The Grove's tree canopy, waterfront parks, and walkable village center offer a lifestyle that is genuinely different from the vertical urbanism of Brickell or the beach culture of Miami Beach.
The honest trade-off: this is an 8-story building in a neighborhood without ocean views. Buyers who prioritize water views and beachfront access will look elsewhere. But for buyers who value wellness infrastructure, neighborhood character, and a boutique scale, THE WELL Coconut Grove stands alone in the Miami market. Completion is estimated for Q1 2028.
About THE WELL Coconut Grove
THE WELL Coconut Grove is a wellness-integrated luxury residential development of 194 residences at 2855 Tigertail Avenue in Coconut Grove, Miami. Developed by Terra, designed by Arquitectonica with interiors by Meyer Davis and landscaping by L&ND, the 8-story boutique building places comprehensive wellness programming by THE WELL at the center of daily residential life. Completion is estimated for Q1 2028, and the building is designed for Florida Green Building certification at the Silver level.
The building features 194 residences across 94 unique floor plans, including 1, 2, 3, and 4-bedroom configurations. Select townhomes offer walk-up street access with private garden entries, creating a residential street presence more typical of a townhouse neighborhood than a condominium. Ground-floor lofts provide dramatic 22-foot ceilings with double-height window walls. The diversity of layouts is unusual for a building of this scale and reflects a design approach that prioritizes individual residential character and flexibility over repetitive unit types.
The defining amenity at THE WELL Coconut Grove is the 13,000-square-foot Wellness Club operated by THE WELL, a leading wellness brand known for its holistic approach to health and longevity. The club includes a communal bath house with steam room, sauna, and cold plunge, a hyperbaric chamber, crystal cave relaxation lounges, IV therapy lounge, EMS training studio, aerial yoga studio with a healing gong wall, and a longevity functional medicine practice staffed by wellness professionals. The 40,000-square-foot rooftop oasis includes two swimming pools, hot and cold plunges, a fitness forest for outdoor exercise, a pickleball court, private cabanas, a private dining room, and additional social spaces designed for community gathering. Combined, the wellness and rooftop amenities represent one of the most comprehensive wellness programs offered in any residential building in Miami or the broader South Florida market.
Terra, founded by David Martin, is one of South Florida's most respected and awarded development firms, with an extensive portfolio of residential and mixed-use projects across Miami-Dade County. Their track record includes projects that have earned recognition for design quality, community impact, and construction excellence. Arquitectonica, the internationally recognized Miami-based architecture firm founded by Bernardo Fort-Brescia and Laurinda Spear, brings decades of experience in tropical residential design and a deep understanding of how buildings interact with Miami's climate and landscape.
The Coconut Grove location at 2855 Tigertail Avenue places residents in one of Miami's oldest and most established neighborhoods. The Grove is celebrated for its lush tree canopy, waterfront parks including Peacock Park and Kennedy Park, boutique shopping along CocoWalk, and a vibrant dining scene that continues to evolve. For buyers seeking a wellness-forward lifestyle in a walkable, community-oriented neighborhood with genuine neighborhood character, THE WELL Coconut Grove offers a proposition that is genuinely unique in the South Florida residential market. Contact our team for pricing, floor plans, and availability.
Explore Miami pre-construction developments or view Billionaires' Beach Miami. For international buyers, see our Miami guide for foreign purchasers.
The Residences
Unparalleled Living
Pricing
Residence Collection
One Bedroom
1 BR
800–1,100 SF
From $900K
Two Bedroom
2 BR
1,100–1,600 SF
From $1.5M
Three Bedroom
3 BR
1,600–2,200 SF
From $2.5M
Penthouse
4 BR
3,000+ SF
From $5M
Residences from $900,000
Amenities
World-Class Amenities
- 40,000 SF Rooftop Wellness Oasis
- Two Rooftop Swimming Pools
- Hot & Cold Plunges
- Private Cabanas & Chaise Lounges
- Rooftop Fitness Forest
- Pickleball Court
- Outdoor Bar & Dining Area
- Private Dining Room with Catering Kitchen
- Tea Garden & Reflection Pond
- Conservatory with Double-Height Glass
- Lobby Library & Reading Room
- Children's Wellness Room
- 24-Hour Security
- Valet Parking & EV Charging
- Membership to THE WELL Coconut Grove
- Full-Service Concierge by THE WELL
- Bi-Annual Health Coaching Sessions
- Annual Whole-Person Health Assessment
- Curated Weekly Juice & Snack Subscription
- Early Access to Bookings
- Unlimited Mindful Movement Classes
- Preferred Pricing on Treatments
- In-Home Massage, Facial & Coaching
- THE WELL Locker — Wellness Tech Library
- Energy-Clearing Ceremony for New Residents
- Benefits Across THE WELL Globally
Design & Architecture
The Visionaries
Terra
Developer
Arquitectonica
Architect
Meyer Davis
Interior Design
THE WELL
Wellness
Douglas Elliman
Sales & Marketing
Location
Coconut — Grove
One of Miami's original waterfront neighborhoods, Coconut Grove is a lush, tree-lined enclave known for its independent spirit and rich history. Stately oaks, swaying palms, waterfront parks, the boutiques and restaurants of CocoWalk, and a vibrant arts scene create the perfect backdrop for wellness-centered living.
FAQ
Frequently Asked Questions
What is THE WELL Coconut Grove?
THE WELL Coconut Grove is a wellness-integrated luxury residential development of 194 residences across 8 stories in Coconut Grove, Miami. Developed by Terra and designed by Arquitectonica with interiors by Meyer Davis, it features a 13,000 SF Wellness Club and 40,000 SF rooftop oasis.
Who is the developer?
THE WELL Coconut Grove is developed by Terra, an award-winning South Florida real estate company founded by David Martin. The architect is Arquitectonica, interior design by Meyer Davis, landscaping by L&ND, and the wellness program by THE WELL. Sales by Douglas Elliman Development Marketing.
What types of residences are available?
The development offers 194 residences across 94 unique floor plans, including 1, 2, 3, and 4-bedroom configurations. Select townhomes feature walk-up street access with private garden entry. Ground floor lofts offer 22-foot ceilings with double-height window walls.
What is The Wellness Club?
A 13,000 SF state-of-the-art facility featuring a communal bath house with steam, sauna, and cold plunge; hyperbaric chamber; 3 crystal cave relaxation lounges; vitality lounge for IV therapy; aerial yoga studio with healing gong wall; EMS training; and longevity medicine practice.
What rooftop amenities are offered?
The 40,000 SF rooftop features two swimming pools, hot and cold plunges, private cabanas, a fitness forest for outdoor exercise, a pickleball court, an outdoor bar and dining area, and lush tropical landscaping designed as an outdoor wellness oasis.
What resident-exclusive perks are included?
All residents receive a THE WELL membership, full-service concierge, bi-annual health coaching, annual health assessments, weekly juice subscriptions, unlimited movement classes, preferred pricing on treatments, in-home wellness services, and an energy-clearing ceremony upon move-in.
When is the estimated completion?
THE WELL Coconut Grove is estimated for completion in Q1 2028. The building is designed for Florida Green Building certification with Silver-level sustainability standards.
Where is THE WELL Coconut Grove located?
2855 Tigertail Avenue, Coconut Grove, FL 33133. Coconut Grove is one of Miami's original waterfront neighborhoods, known for its lush tree canopy, waterfront parks, boutique shopping, and vibrant dining and arts scene.
Can foreigners buy at THE WELL Coconut Grove?
Yes, foreign nationals can purchase at THE WELL Coconut Grove with no restrictions. Florida has no foreign ownership limitations, and the wellness-lifestyle concept attracts health-conscious international buyers. Manhattan Miami assists international purchasers through the entire process.
How does THE WELL compare to Mr. C or Four Seasons Coconut Grove?
THE WELL is the only wellness-first residential concept in Coconut Grove, integrating holistic health into every aspect of daily living. Mr. C (Cipriani) emphasizes Italian hospitality and fine dining from $1.8M. Four Seasons offers ultra-luxury hotel service from $5.62M. THE WELL uniquely appeals to buyers prioritizing physical, mental, and spiritual wellness.
What is THE WELL wellness philosophy?
THE WELL is a leading integrative wellness brand combining Eastern and Western healing modalities - traditional Chinese medicine, functional nutrition, fitness, mindfulness, and spa therapies. At THE WELL Coconut Grove, this philosophy is embedded into the building’s design, amenities, programming, and daily lifestyle, creating a true wellness sanctuary.
Is THE WELL Coconut Grove a good investment?
THE WELL occupies a growing niche: wellness-branded residences are one of the fastest-growing segments in luxury real estate globally. Coconut Grove’s village charm, walkability, and established luxury market, combined with the unique THE WELL brand positioning, create strong differentiation and appreciation potential among health-conscious affluent buyers.
What is the deposit structure?
The deposit structure for THE WELL Coconut Grove is available upon inquiry during the sales phase. Contact Manhattan Miami for the current deposit schedule, milestone payments, and reservation terms.
When is THE WELL Coconut Grove expected to deliver?
THE WELL Coconut Grove is in its pre-construction/sales phase with an estimated delivery around 2027. Contact Manhattan Miami for the latest construction timeline and updates.
What are the prices at THE WELL Coconut Grove?
Pricing at THE WELL Coconut Grove is available upon inquiry. Contact Manhattan Miami for current availability, floor plans, and pricing details across all residence types.
Get in Touch
Private Availability at THE WELL Coconut Grove
For current availability, pricing history, floor plans, and off-market opportunities at THE WELL Coconut Grove, request a confidential review with our advisory team.
Address
2855 Tigertail Avenue, Coconut Grove, FL 33133
Phone
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Miami Real Estate Market Intelligence
Market Context: The Miami-to-Northeast and Miami-to-California migration has converted from pandemic-era spike to structural relocation. Miami’s millionaire population grew approximately 78% between 2013 and 2023. Geographic constraint is binding: ocean, bay, and Everglades pin supply. December 2025 medians: Miami Beach condo $620K, Brickell condo $580K. Luxury condominium price per sq ft: $1,200-$3,500+, extending to $2,000-$4,500+ on Fisher Island and $1,800-$4,000+ at South of Fifth.
Value submarkets: Brickell ($600-$1,500/SF), Edgewater ($700-$1,200/SF), Downtown Miami ($600-$2,000/SF). Trophy submarkets: Fisher Island, Sunny Isles Beach ($1,500-$3,500/SF, dense branded-residence inventory), South of Fifth. Branded benchmarks include Four Seasons Surf Club ($2,200-$3,500/SF), St. Regis Sunny Isles ($1,800-$2,800/SF), and Porsche Design Tower ($1,600-$2,400/SF). Miami now carries more hotel-branded residences than any other Western Hemisphere city.
Structural inputs compound: no state income tax (vs. 10.9% NY, 13.3% CA), no estate tax, 78% decade millionaire growth, and construction-cost inflation. Current pre-construction inventory was financed and broken ground before 20-50% tariffs landed on steel, aluminum, concrete, and lumber, effectively the last tranche of pre-tariff pricing. Florida SB 264 restricts acquisitions by nationals of certain countries within 10 miles of military installations and must be screened at contract stage for international buyers.
Key Facts
- Miami Beach Condo Median (Dec 2025): $620K
- Brickell Condo Median (Dec 2025): $580K
- Luxury Condo $/SF: $1,200-$3,500+
- Fisher Island $/SF: $2,000-$4,500
- Avg Days on Market: 95
- Closing Costs: 2-3% (cash), 3-4% (financed)
- Property Tax: ~2% of assessed value annually
- Millionaire Population Growth: +78% (2013-2023)
- State Income Tax: 0% (vs. NY 10.9%, CA 13.3%)
What Buyers Should Know
Miami’s millionaire population grew approximately 78% between 2013 and 2023 with no state income tax and hard geographic constraints (ocean, bay, Everglades) capping supply. Luxury condominium price per sq ft runs $1,200-$3,500+, extending to $2,000-$4,500+ on Fisher Island and $1,800-$4,000+ at South of Fifth. Miami now carries more hotel-branded residences than any other Western Hemisphere city.
Miami Real Estate FAQs
What are Miami’s current condominium medians?
December 2025: Miami Beach $620K, Brickell $580K. Luxury condominium stock runs $1,200-$3,500+ per sq ft, extending to $2,000-$4,500 on Fisher Island and $1,800-$4,000 at South of Fifth.
Why is Miami attracting UHNW capital structurally?
Zero state income tax (versus NY 10.9%, CA 13.3%), no estate tax, a 78% decade growth in the millionaire population (2013-2023), and geographic constraints that cap long-run supply. These are structural inputs, not cyclical.
What does the construction-cost tariff environment mean for current inventory?
Current pre-construction inventory was financed and broke ground before 20-50% tariffs landed on steel, aluminum, concrete, and lumber. Replacement-cost pricing on the next development cycle is expected to rise materially. Current allocations represent the last tranche of pre-tariff pricing.
What is Florida SB 264 and how does it affect international buyers?
Florida SB 264 restricts property acquisitions by nationals of seven countries (China, Russia, Iran, North Korea, Cuba, Venezuela, Syria) within 10 miles of military installations. The restriction must be screened at contract stage and may require entity-structure adjustments to comply.
What are typical monthly carrying costs on a Miami condominium?
HOA $0.80-$2.50 per sq ft per month, property tax ~2% of assessed value annually, HO-6 insurance $2,000-$5,000+ annually, flood insurance $500-$3,000+. A 2,000 sq ft condo runs $1,600-$5,000 per month in HOA alone.
What are the post-Surfside inspection requirements?
Buildings 3+ stories must undergo structural inspections at year 30 (year 25 if coastal), then every 10 years. Associations must fully fund reserves; reserve waivers are no longer permitted. Older buildings carry special-assessment risk; inspection and reserve-study review is required at due-diligence.