Miami
Coconut Grove
Miami's oldest neighborhood

Coconut Grove

Continuously inhabited since 1825, now home to the city's best-performing tower

Coconut Grove combines Miami's neighborhood with the most history with the widest price range in the market: from $472,000 to more than $8,586,560 at Park Grove. Buying here means buying the only area that mixes entry-level inventory with the city's best-performing bayfront tower.

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Listings

Available properties in Coconut Grove

A selection of active listings in Coconut Grove, updated in real time.

Listings via IDX (BeachesMLS / Miami Association of REALTORS®) through Trestle/CoreLogic. Information deemed reliable but not guaranteed.

Why this area

What makes Coconut Grove unique

Coconut Grove is Miami-Dade's oldest continuously inhabited settlement, populated since 1825 and named in 1873. It still keeps that bohemian, tree-lined character on the bay, with Dinner Key Marina, The Barnacle Historic State Park and Vizcaya on its northern edge, plus Miami's best-performing tower: Park Grove.

If you're investing

  • The widest price range in this stretch of Miami: from $472,000 to more than $8,586,560.
  • 37 active buildings, with a median build year of 2018 and a median HOA of $2,598 a month.
  • An established luxury segment -led by Park Grove- that holds value even when the mid-market corrects.

If you'll live here

  • Dinner Key Marina, Peacock Park and CocoWalk right in the area.
  • Tree-lined and low-rise on the bay, unlike the rest of Miami's skyline.
  • 5 minutes from Coral Gables and 10 from Brickell and Downtown.
Where to invest

Best places to invest in Coconut Grove

Where to place your capital within Coconut Grove to maximize demand and value:

Bayfront towers like Park Grove
Miami's best appreciation

Bayfront towers like Park Grove

The luxury segment that held the area's value even in years the mid-market corrected.

Lower-rise buildings near Peacock Park
Entry price

Lower-rise buildings near Peacock Park

The area's most accessible entry point, starting at $472,000.

Units near Dinner Key
Marina and bay

Units near Dinner Key

Proximity to South Florida's largest marina, a demand driver unique to Coconut Grove.

Buy

Options to buy in Coconut Grove

Bayfront luxury tower

For those after the segment that has appreciated the most in the area, led by Park Grove.

Entry-level boutique building

Units from $472,000 in lower-rise buildings, near Peacock Park and CocoWalk.

Resale with rental history

Buy in already-established buildings, with a median build year of 2018.

Rent

Options to rent in Coconut Grove

Annual rental to Coral Gables and Brickell professionals

Tenants who value the tree-lined, low-rise setting, minutes from both districts.

Luxury rental in bayfront towers

A tenant or second-home buyer profile willing to pay the premium for the bay view.

Rental to University of Miami faculty and staff

Steady demand from proximity to the campus, minutes from the area.

Location

Location and connectivity

  • 5 minutes from Coral Gables.
  • 10 minutes from Brickell and Downtown Miami.
  • 15 minutes from Key Biscayne.
  • 20 minutes from Miami International Airport.
  • Dinner Key Marina, South Florida's largest municipal marina.
FAQ

What every investor asks

Because two markets coexist: lower-rise boutique buildings from $472,000, and bayfront luxury towers like Park Grove that top $8,500,000. We help you identify the segment that fits your budget.

About 5 minutes by car. Coconut Grove and Coral Gables are the two most tree-lined, low-rise areas in this part of Miami.

It's known for its single-family homes, but it also has 37 active condo buildings, with a median build year of 2018.

Yes, there are banks that lend to non-residents, for both the entry segment and the luxury towers. We guide you through the application.

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