By Anthony Guerriero, Licensed Real Estate Broker | Manhattan Miami Real Estate | Updated January 2026
Explore Coconut Grove — with markers for the most architecturally significant ultra-luxury condominiums, including starchitect-designed and branded towers.
Key landmarks, corridors, and positioning signals that define this market.
Coconut Grove is a family-corridor market with a thin trophy band — for private clients, the spread between estate inventory and the Park Grove-tier condominium pool is the principal decision.
Coconut Grove is Miami's oldest continuously inhabited neighborhood, a lush, tree-canopied enclave on Biscayne Bay bounded by Brickell to the north, Coral Gables to the west, and the waterfront to the east and south—known for its bohemian heritage, top private schools, and family-friendly lifestyle.
For the broader market context across all Miami submarkets, see all Miami apartments for sale.
Looking for Coconut Grove condos for sale? Coconut Grove is Miami's original neighborhood—a leafy, walkable village where banyan trees shade historic streets and luxury waterfront towers rise along Biscayne Bay. The Grove attracts families relocating from New York and California seeking top schools, professionals who want walkability without sacrificing space, and buyers who value character over flash. Browse condos, single-family homes, and waterfront estates from $500,000 to over $30 million.
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| Detail | Information |
|---|---|
| Location | South of Brickell, east of Coral Gables, on Biscayne Bay |
| ZIP Code | 33133 |
| Median Condo Price | ~$1.6M |
| Price per Sq Ft | $842–$1,100+ |
| Property Types | Condos, Single-Family Homes, Waterfront Estates, Townhouses |
| Character | Tree-canopied streets, bohemian history, family-focused, walkable |
| Top Schools | Ransom Everglades, Carrollton, St. Stephen's Episcopal |
Coconut Grove at a Glance
Editorial Q&A
What makes Coconut Grove different from Brickell or South Beach?
According to Manhattan Miami Real Estate, Coconut Grove offers a low-rise village atmosphere, 150-year-old tree canopy, top private schools, and waterfront marinas, contrasting Brickell's high-density financial-district vertical living and South Beach's tourism-driven oceanfront market. Coconut Grove's median PSF sits near $1,050 with strong appreciation in waterfront branded condos.
Which Coconut Grove condo buildings command the highest prices?
Manhattan Miami Real Estate identifies Park Grove, Grove at Grand Bay (BIG architects), Vita at Grove Isle, Mr. C Residences, the Ritz-Carlton Residences, Fairchild Coconut Grove, and Cloisters on the Bay as the highest-PSF buildings in the Grove, with penthouses regularly trading above $10M.
Is Coconut Grove a good neighborhood for families?
Per Manhattan Miami Real Estate, Coconut Grove is widely considered Miami's strongest family neighborhood for high-net-worth buyers, due to Ransom Everglades School, Carrollton School of the Sacred Heart, the Cushman School, walkable village core, marina lifestyle, and the lowest density of any prime Miami waterfront enclave.
Editorial commentary from Manhattan Miami Real Estate. For tailored analysis on a specific block, building, or transaction profile, schedule a confidential consultation.
| Property Type | Typical Price Range |
|---|---|
| 1-Bedroom Condos | $500K–$900K |
| 2-Bedroom Condos | $800K–$2M |
| 3-Bedroom Condos | $1.5M–$5M |
| Penthouses | $5M–$20M+ |
| Townhouses | $1M–$3M |
| Single-Family Homes | $1.5M–$10M |
| Waterfront Estates | $10M–$50M+ |
Coconut Grove offers a wide range of price points, from entry-level condos to some of Miami's most expensive waterfront estates. New construction luxury condos typically start at $1.5M+, while resales in established buildings offer better value.
| Building | Address | Highlight |
|---|---|---|
| Four Seasons Private Residences | 2699 S Bayshore Dr | Ultra-luxury, CMC Group/Fort Partners |
| Grove at Grand Bay | 2669 S Bayshore Dr | Bjarke Ingels design, twisting towers |
| Park Grove | 2701 S Bayshore Dr | Three towers, Rem Koolhaas/OMA |
| Mr. C Residences | 2655 S Bayshore Dr | Cipriani hospitality brand |
| Vita at Grove Isle | 5 Grove Isle Dr | Private island, 65 residences |
| Grovenor House | 2627 S Bayshore Dr | Full-service, bay views |
| Residences at Vizcaya | 2845 S Bayshore Dr | Adjacent to Vizcaya Museum |
| Ritz-Carlton Coconut Grove | 3300 SW 27th Ave | Hotel-branded residences |
| The WELL Coconut Grove | 2855 Tigertail Ave | Wellness-focused, Terra Group |
| The Lincoln | 2650 Lincoln Ave | Boutique, 48 units |
| Ziggurat | 3151 SW 27th Ave | Allen Morris Co., nature-inspired |
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Coconut Grove is "the new place to be" for Miami's ultra high net worth families. The Grove's tree-lined streets were always known for their artistic, bohemian, laid-back residents, and the calm lifestyle they brought to the oldest continuously settled part of the city. But so much has changed. The Grove's more recent residents also love the family-friendly, relaxed, and gourmet lifestyle. Their interest drove some special changes, and Coconut Grove is now a first choice primary home location.
The invisible hand of the market has played a huge part. Because the Grove is a unique cultural oasis in the heart of greater Miami, the Bahamian conch architecture and traditional beautiful Mediterranean designs encouraged new owners to renovate the homes' interiors. This was followed by people buying vacant lots or demolishing an existing home and designing their own "modern" place to live. These so-called McMansions brought in newer stores and restaurants. This, in turn, encouraged world famous architects and interior designers to create masterpieces such as Park Grove, Grove at Grand Bay, and The Residences at Ritz Carlton Coconut Grove.
Key facts about Coconut Grove:
| Best For | Not Ideal For |
|---|---|
| Families with school-age children | Nightlife seekers (Brickell/South Beach better) |
| Relocating professionals from NYC/California | Those wanting beach proximity |
| Buyers seeking walkability + space | Budget-conscious buyers (entry prices high) |
| Those who value trees and greenery | Those seeking high-rise density |
| Waterfront estate buyers | Short-term rental investors (restrictions) |
Coconut Grove is Miami's oldest continuously inhabited neighborhood, predating the city of Miami itself:
| Era | Development |
|---|---|
| 1873 | First settlers arrive; Bahamian immigrants establish community |
| 1880s | Charles and Isabella Peacock open Peacock Inn, first hotel on Biscayne Bay |
| 1896 | Miami incorporates; Coconut Grove remains independent |
| 1919 | Coconut Grove annexed by City of Miami |
| 1920s–1950s | Artists, writers, intellectuals settle; bohemian identity forms |
| 1963 | Vizcaya Museum opens to public |
| 2016–Present | Luxury condo boom: Grove at Grand Bay, Park Grove, Mr. C Residences |
The neighborhood retains its village character through historic preservation, tree canopy ordinances, and community activism that has limited high-density development compared to Brickell.
North Grove / Brickell Border: The area closest to Brickell, featuring newer condo developments and easier access to downtown. More urban feel than the rest of the Grove.
Center Grove / CocoWalk Area: The walkable commercial heart around CocoWalk, Main Highway, and Grand Avenue. Restaurants, shops, and galleries. Condo and townhouse inventory.
South Grove: The most prestigious residential area, featuring waterfront estates, historic homes, and gated communities like Entrada and Camp Biscayne. Single-family homes dominate.
West Grove: Historic Bahamian community with smaller homes and lots. Undergoing gradual redevelopment while preserving cultural heritage.
Grove Isle: A private 20-acre island accessible by bridge, home to the Grove Isle Club and the new Vita at Grove Isle development. Maximum exclusivity.
The Grove's 16 parks and gardens are the envy of Miami:
Vizcaya Museum and Gardens
Barnacle Historic State Park
The Kampong
David T. Kennedy Park
Peacock Park
Coconut Grove's shopping caters to every taste and style. There are two open-air malls:
CocoWalk
Mayfair in the Grove
Notable Individual Stores:
From fine dining to sports bars, the Grove has it all:
Fine Dining:
Casual Dining:
Coconut Grove is well served by both public and private schools:
| School | Type | Notable |
|---|---|---|
| Ransom Everglades | College prep (6-12) | Top-ranked, waterfront campus |
| Carrollton School of the Sacred Heart | Girls (PreK-12) | Historic El Jardin estate |
| St. Stephen's Episcopal Day School | Coed (PreK-8) | "Forces for good" mission |
| Immaculata-La Salle High School | Catholic (9-12) | "Reason, religion, human kindness" |
| Coconut Grove Montessori | Montessori (PreK-6) | Maria Montessori philosophy |
| The Vanguard School | Special needs | Learning differences focus |
Note: Private school availability is a key factor in the Coconut Grove market. Families relocating from out of state should begin school applications 12-18 months before move.
By Car:
Metrorail:
By Boat:
Commute Times:
Luxury Waterfront Condos: Buildings like Grove at Grand Bay, Park Grove, and Mr. C Residences offer full-service living with Biscayne Bay views. These are the Grove's most prestigious condo addresses, with prices from $2M to $20M+.
Boutique Condos: Smaller buildings like Grovenor House and the upcoming Lincoln offer more intimate settings. Typically 50-100 units with personalized service.
Single-Family Homes: The Grove's residential streets feature Mediterranean, modern, and historic homes on lots ranging from 7,500 to 20,000+ square feet. Entry prices start around $1.5M.
Waterfront Estates: South Grove's most exclusive properties sit directly on Biscayne Bay, with private docks and estate-sized lots. Prices range from $10M to $50M+.
Townhouses: A growing inventory of townhouse developments offers an alternative to condos for families wanting more space and private outdoor areas.
Coconut Grove's market is characterized by:
Coconut Grove has several exciting new condo projects in development:
The first standalone Four Seasons branded residences in Florida, developed by CMC Group (Ugo Colombo) and Fort Partners at 2699 S. Bayshore Drive. This ultra-luxury 20-story tower features only 70 waterfront residences with 11-foot ceilings, designed by Revuelta Architecture with interiors by celebrated Florentine designer Michele Bönan. Residents receive membership to the Surf Club Four Seasons Beach Club in Surfside.
| Feature | Detail |
|---|---|
| Location | 2699 S Bayshore Dr |
| Stories | 20 floors |
| Units | 70 residences (including 4 penthouses) |
| Developer | CMC Group / Fort Partners |
| Architect | Revuelta Architecture International |
| Interiors | Michele Bönan |
| Delivery | 2028 |
| Price Range | From $5.6M (~$4,000/sq ft) |
| Unit Sizes | 2,895–9,690 sq ft |
Located on the private 20-acre Grove Isle, Vita offers 65 exclusive residences across three buildings (Mare, Luce, and Sole). Developed by CMC Group and designed by CallisonRTKL, the development includes 12 bi-level penthouses with private rooftop terraces, pools, and summer kitchens.
| Feature | Detail |
|---|---|
| Location | 5 Grove Isle Dr (private island) |
| Units | 65 residences |
| Developer | CMC Group |
| Delivery | Late 2025 |
| Price Range | $2.5M–$30M+ |
Terra Group's wellness-focused development at 2855 Tigertail Avenue will feature 194 residences designed by Arquitectonica. The project includes a 13,000 sq ft wellness club with services like hyperbaric chambers, crystal cave, and functional medicine.
| Feature | Detail |
|---|---|
| Location | 2855 Tigertail Ave |
| Units | 194 residences |
| Developer | Terra Group |
| Architect | Arquitectonica |
| Delivery | Early 2028 |
| Price Range | From $1.5M |
LORE Development Group's boutique 8-story condo at 2650 Lincoln Avenue will offer 48 thoughtfully designed homes with plus-den floor plans. Six luxurious penthouses on the top floor feature double-height ceilings.
| Feature | Detail |
|---|---|
| Location | 2650 Lincoln Ave |
| Units | 48 residences |
| Developer | LORE Development Group |
| Architect | Paredes Architects |
| Delivery | 2027 |
| Price Range | From $1.5M |
Allen Morris Company's nature-inspired boutique development at 3151 SW 27th Avenue will offer 45 bespoke residences designed by Behar Font & Partners with 10-20 foot ceilings and natural wood finishes.
| Feature | Detail |
|---|---|
| Location | 3151 SW 27th Ave |
| Units | 45 residences |
| Developer | Allen Morris Co. |
| Architect | Behar Font & Partners |
| Delivery | 2026 |
| Price Range | From $1.2M |
The first standalone Four Seasons branded residences in Florida, developed by Ugo Colombo's CMC Group and Fort Partners. This ultra-luxury 20-story waterfront tower offers only 70 residences with legendary Four Seasons service, including membership to the Surf Club Four Seasons Beach Club. Interiors by acclaimed Florentine designer Michele Bönan blend European sophistication with coastal warmth.
| Feature | Detail |
|---|---|
| Stories | 20 floors |
| Units | 70 residences |
| Developer | CMC Group / Fort Partners |
| Architect | Revuelta Architecture International |
| Interiors | Michele Bönan |
| Delivery | 2028 |
| Notable | First standalone Four Seasons in Florida, Surf Club membership, ~$4,000/sq ft |
Designed by Pritzker Prize-winner Bjarke Ingels (BIG), Grove at Grand Bay consists of two iconic twisting towers that have become architectural landmarks. The 20-story towers feature 12-foot-wide terraces that spiral up the building, creating dramatic outdoor living spaces with bay views.
| Feature | Detail |
|---|---|
| Stories | 20 floors (each tower) |
| Units | 96 residences total |
| Architect | Bjarke Ingels Group (BIG) |
| Developer | Terra Group |
| Completed | 2016 |
| Notable | Twisting form, 12-foot terraces, bay views |
A three-tower development designed by Rem Koolhaas/OMA in collaboration with Ateliers Jean Nouvel and Arquitectonica. Park Grove represents one of the most significant architectural projects in Miami, with over 260 residences ranging from condos to penthouses.
| Feature | Detail |
|---|---|
| Stories | Three towers (varying heights) |
| Units | 260+ residences |
| Architect | OMA, Ateliers Jean Nouvel, Arquitectonica |
| Developer | Terra Group / Related Group |
| Completed | 2018-2020 |
| Notable | Record prices, multiple starchitects |
The Cipriani family's first branded residential project in Miami, Mr. C Residences brings Italian hospitality heritage to Coconut Grove. The boutique building offers hotel-style services including Mr. C's signature restaurant and bar.
| Feature | Detail |
|---|---|
| Stories | 20 floors |
| Units | 118 residences |
| Brand | Cipriani (Mr. C Hotels) |
| Developer | Arquitectonica |
| Completed | 2023 |
| Notable | Hotel-branded, Cipriani dining |
The median sale price for Coconut Grove condos is approximately $1.6 million as of 2025. However, prices vary significantly by building: entry-level condos in older buildings start around $500K, while luxury units in buildings like Grove at Grand Bay and Park Grove range from $2M to $20M+. Price per square foot ranges from $842 in resale buildings to over $1,100 in new construction.
Yes, Coconut Grove is excellent for families and professionals seeking a walkable, tree-lined neighborhood with top schools, waterfront access, and a village atmosphere within Miami. The Grove offers the rare combination of urban amenities and suburban tranquility. The tradeoffs are higher prices than many Miami neighborhoods, limited nightlife (Brickell and South Beach are better), and distance from the beach. It's best suited for primary residents rather than part-time owners or investors.
Ultra-Luxury: Four Seasons Private Residences (CMC Group/Fort Partners, from $5.6M), Grove at Grand Bay (Bjarke Ingels), Park Grove (OMA/Rem Koolhaas), Vita at Grove Isle (private island)
Luxury Full-Service: Mr. C Residences (Cipriani brand), Grovenor House, Ritz-Carlton Coconut Grove
New Construction: The WELL (wellness-focused), The Lincoln (boutique), Ziggurat (nature-inspired)
| Factor | Coconut Grove | Brickell |
|---|---|---|
| Median Price | ~$1.6M | ~$600K–$800K |
| Character | Village, trees, families | Urban, high-rise, young professionals |
| Walkability | Moderate | Very high |
| Nightlife | Limited | Extensive |
| Schools | Top private schools | Limited |
| Density | Low-to-medium | Very high |
Private schools are a major draw for Coconut Grove families: Ransom Everglades (top-ranked college prep), Carrollton School of the Sacred Heart (girls), and St. Stephen's Episcopal Day School are among the most sought-after. Note that private school admissions are competitive—families should apply 12-18 months before their desired start date.
Yes, the CocoWalk area and Main Highway corridor are very walkable, with numerous restaurants, cafés, boutiques, and services. However, some residential areas (particularly South Grove estates) are more car-dependent. The Grove's Walk Score is 78 (Very Walkable) for the commercial core.
Yes, Coconut Grove's eastern edge sits on Biscayne Bay. Waterfront condo buildings include Grove at Grand Bay, Park Grove, Mr. C Residences, Grovenor House, and Residences at Vizcaya. Grove Isle offers a private island setting. Waterfront units command premium prices, typically $1,000+ per square foot.
Grove Isle is a private 20-acre island in Biscayne Bay, accessible via a single bridge from the mainland. The island is home to the Grove Isle Club (with additional pools, dining, and marina) and the new Vita at Grove Isle development. It offers maximum privacy and exclusivity while remaining minutes from CocoWalk and downtown Miami.
Yes, Coconut Grove is one of Miami's top family neighborhoods. The combination of top private schools, safe tree-lined streets, parks (including Peacock Park with playground), and a community-oriented atmosphere makes it a primary residence destination for families relocating from New York, California, and Latin America.
Downtown Miami is approximately 10-15 minutes by car from Coconut Grove, depending on traffic. The Coconut Grove Metrorail station provides direct access to downtown and Brickell. Brickell is just 5-10 minutes away.
Most luxury condo buildings in Coconut Grove prohibit short-term rentals (Airbnb/VRBO). Buildings like Grove at Grand Bay, Park Grove, and Mr. C Residences have minimum lease terms of 6-12 months. This policy reflects the neighborhood's family-focused character and helps maintain property values. Always verify rental policies with individual building associations.
Several projects are in development: Four Seasons Private Residences (70 units, from $5.6M, delivering 2028—the most expensive), Vita at Grove Isle (65 units, delivering late 2025), The WELL Coconut Grove (194 units, 2028), The Lincoln (48 units, 2027), and Ziggurat (45 units, 2026). These range from ultra-luxury branded residences to wellness-focused boutique developments.
Other surrounding neighborhoods include Brickell, Coral Gables, Downtown Miami, and Key Biscayne.
Whether you're searching for a waterfront penthouse at Grove at Grand Bay, a family home near Ransom Everglades, or a wellness-focused condo at The WELL, our team can help you navigate the Coconut Grove market.
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Anthony Guerriero is the founder and principal broker of Manhattan Miami Real Estate, a luxury residential brokerage specializing in Manhattan and Miami. Licensed in New York, Florida, and California, Anthony has over a decade of experience serving buyers in South Florida's most competitive markets. Manhattan Miami Real Estate serves clients throughout Miami-Dade County from our Miami Beach office at 1688 Meridian Avenue.
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This page is for informational purposes only. Prices and availability subject to change. Contact Manhattan Miami Real Estate for current listings and market data.