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Explore condos in Miami's oldest neighborhood: bay, marina, historic tree cover and the widest price range in this part of the city, from boutique buildings to Park Grove.
Listings via IDX (BeachesMLS / Miami Association of REALTORS®) through Trestle/CoreLogic. Information deemed reliable but not guaranteed.
Coconut Grove is Miami-Dade's oldest continuously inhabited settlement: the area began to be populated in 1825 around the Cape Florida lighthouse, and in 1873 Dr. Horace P. Porter gave it its name when he opened its post office. The Barnacle Historic State Park, built in 1891, still stands on its original site: it's the oldest house in the county still in its original location.
That history now coexists with Miami's best-performing luxury segment: Park Grove, the OMA-designed bayfront tower, leads the area's appreciation and explains why Coconut Grove's median condo price -$1,800,000- nearly triples Edgewater's or Midtown's.
Everyday life in the neighborhood runs through Dinner Key Marina, South Florida's largest municipal marina; Peacock Park, a 9.4-acre park on the bay; and CocoWalk, the open-air shopping center on Grand Avenue. Vizcaya Museum and Gardens marks the area's northern edge.
Coconut Grove is 5 minutes from Coral Gables, 10 from Brickell and Downtown, and 15 from Key Biscayne: far from the rest of Miami's vertical density, but close to everything that sustains demand in those areas.
Coconut Grove has 117 active condos for sale across 37 buildings -condo units only; the area's total inventory, which includes single-family homes, is much larger- with a median price of $1,800,000 and a range running from $472,000 at the 10th percentile to $8,586,560 at the 90th.
That wide range -the widest in this part of Miami- reflects entry-level boutique buildings coexisting with bayfront luxury towers like Park Grove. A median HOA of $2,598 a month and a median 1,206 square feet are among the highest in the area, consistent with inventory geared toward the premium segment.
Locate condos, the marina, the parks and the main points of interest to get to know the area before making a decision.
Answers to the most common questions about prices, buildings, history and the process of buying a condo in this area.
Coconut Grove is the only neighborhood in this stretch of Miami that combines real history -continuously settled since 1825- with the city's best-performing bayfront luxury segment, led by Park Grove. That combination sustains a price range running from $472,000 to more than $8,586,560, and explains why the area draws both entry-level buyers and luxury investors who won't find that profile anywhere else in Miami.
Who buys in Coconut Grove? Buyers who prioritize historic character and tree-lined setting over vertical density; International second-home buyers, drawn by the marina and the bay; Luxury-segment investors, focused on bayfront towers like Park Grove; Entry-level buyers looking for a boutique condo near Peacock Park and CocoWalk.
The median price of a condo in Coconut Grove is $1,800,000, with a range from $472,000 in entry-level boutique buildings to more than $8,586,560 in bayfront luxury towers like Park Grove. We can send you current availability based on your budget.
Because Coconut Grove mixes two very different markets: lower-rise boutique buildings built decades ago, and recent bayfront luxury towers like Park Grove, which has led the area's appreciation. It's the widest price range in this part of Miami.
Coconut Grove's bayfront luxury segment, led by Park Grove, has held its value even in years the mid-market for condos corrected. It's an established, non-speculative market, with 37 active buildings and a median build year of 2018.
Dinner Key Marina, South Florida's largest municipal marina; Peacock Park on the bay; CocoWalk, the open-air shopping center on Grand Avenue; and The Barnacle Historic State Park, the oldest house in Miami-Dade still on its original site. Vizcaya Museum and Gardens marks the area's northern edge.
Yes. International buyers can purchase property without being U.S. residents or citizens, in both the entry segment and the luxury towers. There are financing options for foreign buyers depending on your profile. We help you access those options.
