Coconut Grove Real Estate | Waterfront Estates & Luxury Homes
Coconut Grove is Miami’s oldest and most enchanting neighborhood — a lush, tree-canopied enclave on Biscayne Bay where historic charm meets modern luxury. Known for its bohemian character, vibrant sailing culture, and some of Miami’s most spectacular waterfront estate homes, the Grove is consistently one of the most sought-after addresses in South Florida.
Coconut Grove Real Estate Market 2026
Coconut Grove’s real estate is defined by its diversity: from luxury condominiums in new towers like Vita at Grove Isle to historic Mediterranean-style estates along the bayfront, to intimate boutique buildings in the heart of the village. Estate home prices range from $3M to $30M+, while luxury condos start around $800,000 and climb to $10M+ for penthouse residences with bay views.
Pre-Construction in Coconut Grove
- THE WELL Coconut Grove — 3480 Main Hwy, wellness-focused living, from $1,800,000
- Vita at Grove Isle — 4 Grove Isle Dr, private island condo, from $3,000,000
Why Coconut Grove?
The Grove offers what few Miami neighborhoods can match: an authentic sense of place. The village center — with its independent restaurants, galleries, and boutiques — feels genuinely local rather than developer-manufactured. The Coconut Grove Playhouse, CocoWalk, and Peacock Park anchor a community life that draws families, artists, professionals, and long-time Miami residents alike. Bayfront Park and the Dinner Key Marina make this the sailing capital of Miami.
Frequently Asked Questions
Q: Is Coconut Grove good for families?
A: Excellent. The neighborhood is quieter than Brickell or Miami Beach, has top-rated schools nearby, beautiful parks, and a strong community feel that makes it one of Miami’s most family-friendly neighborhoods.
Q: What types of homes are available in Coconut Grove?
A: Everything from historic Spanish-style estates to modern new construction homes, luxury bayfront condos, and boutique boutique townhomes. It’s one of Miami’s most architecturally diverse neighborhoods.