Coconut Grove Luxury Real Estate – Waterfront Homes, Estates & Tropical Living
Miami's most exclusive waterfront community—where privacy, elegance, and coastal living meet
Coconut Grove—known simply as "The Grove"—is one of Miami's most exclusive and historic waterfront communities. Famous for its lush tropical canopy, private estates, elite schools, marinas, and walkable village center, Coconut Grove attracts luxury buyers seeking privacy, elegance, and a serene coastal lifestyle just minutes from the city.
With winding streets, old-growth trees, and a laid-back yet upscale atmosphere, the Grove feels like a private residential oasis within Miami. Buyers here range from high-net-worth families to executives, entrepreneurs, international investors, and long-term residents who value nature, architecture, and proximity to the bay.
Coconut Grove features some of Miami's most desirable luxury real estate—waterfront homes with direct bay access, gated communities, new architectural masterpieces, and boutique condominiums overlooking Biscayne Bay. Its distinct character, safety, prestigious schools, and strong property values make The Grove one of the most coveted markets in South Florida.
As a luxury real estate advisor with 19+ years of experience in Miami, I help clients navigate Coconut Grove's dynamic market with strategy, discretion, and deep local expertise.
Coconut Grove Key Market Facts
Why Buy in Coconut Grove
Unmatched Privacy & Natural Beauty
The Grove is Miami's greenest neighborhood—lined with banyan trees, exotic palms, and dense foliage that create a naturally private environment.
Elite Schools
Home to some of Florida's most prestigious schools: Ransom Everglades, Carrollton School of the Sacred Heart, St. Stephen's Episcopal, and Coconut Grove Elementary. This makes it Miami's top neighborhood for high-net-worth families.
Waterfront Living & Marinas
Coconut Grove offers premier bay access, sailing clubs, yacht marinas, and scenic waterfront parks.
Architectural Diversity
You'll find Mediterranean estates, modern masterpieces, mid-century homes, and brand-new ultra-luxury construction.
Walkable Village Lifestyle
The Grove features outdoor cafés, boutique shopping, gourmet dining, and a relaxed, upscale atmosphere.
Strong Appreciation & Low Inventory
High demand and limited land create exceptional long-term value.
Types of Luxury Properties in Coconut Grove
Waterfront Estates
With private docks, bay views, and direct access to Biscayne Bay—some of Miami's most exclusive properties.
Gated Communities
Including Camp Biscayne, The Moorings, Ye Little Wood, Entrada Estates, Hughes Cove, and Cloisters on the Bay—known for privacy and security.
Modern Architectural Homes
Newly built luxury residences with cutting-edge design, glass façades, imported materials, and resort-style outdoor living.
Historic Estates
Old Florida, Mediterranean revival, and landmark properties that define the Grove's timeless charm.
Luxury Boutique Condos
Bayfront condos offering panoramic water views, private balconies, and lush surroundings.
Micro-Areas of Coconut Grove
North Coconut Grove (Waterfront Zone)
Closest to Brickell and the bay—known for luxury waterfront estates, marinas, and gated communities.
Central Grove (Village & Walkable Area)
Home to cafés, shopping, organic markets, and the Coconut Grove lifestyle center—popular among professionals and families.
South Coconut Grove (Estate Section)
Large tree-lined lots, quiet streets, and some of the most prestigious single-family estates in Miami.
Gated Communities
The Moorings, Camp Biscayne, Hughes Cove, Cloisters on the Bay, Entrada Estates—offering elite privacy, security, and exclusivity.
CocoPlum (Adjacent – High Demand)
A luxury gated community commonly associated with buyers searching in Coconut Grove due to its waterfront access and prestige.
Top Luxury Buildings in Coconut Grove
Grove at Grand Bay
Iconic twisting towers with bay views, oversized terraces, and ultra-luxury amenities.
Park Grove
A world-class residential collection designed by OMA and Rem Koolhaas—elegant, modern, and perfectly located.
Residences at Vizcaya
A boutique waterfront building with privacy, exclusivity, and marina proximity.
Mr. C Residences
Italian luxury hotel–style living with a modern coastal aesthetic.
Glasshaus in the Grove
Boutique, private, and lifestyle-driven—ideal for buyers seeking modern design in a walkable setting.
Grove Isle
Private island living with expansive views, resort amenities, and a secluded environment.
Coconut Grove Lifestyle
Coconut Grove offers one of the most desirable lifestyles in Miami:
Three yacht marinas
Sailing and boating culture
Prestigious private schools
Outdoor dining and European-style cafés
Walkable village center
Historic landmarks
Parks, waterfront paths, and botanical gardens
A safe, family-friendly community
Close to Brickell, Coral Gables & Key Biscayne
The Grove attracts individuals and families who want an elegant, nature-rich lifestyle with easy access to business centers and top schools.
Market Insights 2025
Coconut Grove remains one of the strongest luxury real estate markets in South Florida:
Limited inventory maintains high property values
High demand from domestic luxury relocations (NY, CA, Chicago)
International buyers from Latin America, Europe & Canada
Strong appreciation in newly built modern homes
Ultra-low turnover in gated communities
Waterfront estates command some of Miami's highest prices
Buyers continue choosing the Grove for its privacy, safety, schools, and tropical luxury lifestyle—making it one of the region's most resilient and prestigious markets.
Frequently Asked Questions
Is Coconut Grove a good place to buy a luxury home?
Yes—Coconut Grove is one of Miami's most exclusive and stable luxury markets, with strong appreciation and very low inventory.
What is the price range for luxury homes in Coconut Grove?
High-end homes typically range from $3M to $10M, while waterfront estates can exceed $20M–$45M+.
Are there gated communities in Coconut Grove?
Yes—The Moorings, Camp Biscayne, Hughes Cove, Cloisters, and Entrada Estates are among Miami's most prestigious gated enclaves.
Is Coconut Grove good for families?
It is one of the top family neighborhoods in Miami thanks to elite schools, safety, quiet streets, and parks.
How close is Coconut Grove to Brickell and Key Biscayne?
Brickell is just 7–10 minutes away, and Key Biscayne is about 12–15 minutes.
Can foreigners buy property in Coconut Grove?
Yes—there are no restrictions for foreign buyers purchasing real estate.
Is Coconut Grove walkable?
The central village area is highly walkable with cafés, boutiques, and restaurants.
What types of luxury properties are most common in the Grove?
Waterfront estates, gated communities, modern architectural homes, and boutique bayfront condos.
Are waterfront homes available in Coconut Grove?
Yes—North Grove and gated enclaves offer some of Miami's most exclusive bayfront homes.
What makes Coconut Grove unique?
Its tropical canopy, historic charm, walkable lifestyle, elite schools, boating culture, and luxury estates create a rare combination not found in any other Miami neighborhood.
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