Coconut Grove · 2026
Coconut Grove
Luxury Real Estate
Waterfront Estates · Gated Communities · $3.5M to $45M+
$3.5M+
Median Luxury Price
$10M–$45M+
Waterfront Estates
$1,000–$2,500+
Price Per SF
30–90 days
Days on Market
Overview
Miami's Most Historic
Waterfront Community
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.
As a luxury real estate advisor with 19+ years of experience in Miami, Julian Acosta helps clients navigate Coconut Grove's dynamic market with strategy, discretion, and deep local expertise.
Market Snapshot
Coconut Grove
Key Market Facts
$3.5M+
Median Luxury Home Price
$10M–$45M+
Waterfront Estates
$1,000–$2,500+
Price Per Sq Ft (Luxury)
Estates, Gated, Condos
Property Mix
UHNW Families & Intl Buyers
Buyer Profile
30–90 days
Time on Market
Miami's Highest-Rated
School District
Marina, Yacht, Parks, Village
Lifestyle
Why Coconut Grove
Six Reasons Buyers
Choose The 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.
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.
Property Types
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.
Neighborhoods
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.
Luxury Buildings
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.
Lifestyle
Coconut Grove
Lifestyle
Coconut Grove offers one of the most desirable lifestyles in Miami — attracting individuals and families who want an elegant, nature-rich lifestyle with easy access to business centers and top schools.
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
Market Intelligence
Market Insights
2026
Coconut Grove remains one of the strongest luxury real estate markets in South Florida. Buyers continue choosing the Grove for its privacy, safety, schools, and tropical luxury lifestyle.
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
FAQ
Frequently Asked
Questions
Luxury homes in Coconut Grove typically start at $1.5M for non-waterfront single-family properties. Waterfront estates with direct bay access range from $3.5M to $45M+. Price per square foot in the luxury tier runs $1,000 to $2,500+, with premium waterfront commanding the highest rates.
Work With Julian
Coconut Grove Requires
Local Expertise
Julian Acosta has represented buyers and sellers in Coconut Grove for 19+ years. With $500M+ in career transactions and deep relationships across every waterfront community, he provides access and intelligence that most agents cannot.
19+
Years Experience
$500M+
In Transactions
Top
Compass Agent CG