Photo: Héctor Del Valle
Coconut Grove
5 condo projects here are currently selling off plan, at pre-completion pricing and on developer deposit schedules rather than a mortgage.
| Project | Developer | Units / Floors | Delivery | From |
|---|---|---|---|---|
| Four Seasons Private Residences Coconut Grove | Fort Partners + CMC Group | 70 / 20 | Q4 2028 | $5.6M |
| OPUS Coconut Grove | META Development | 14 / 6 | 2027 | $2.5M |
| THE WELL Coconut Grove | Terra + AB Asset Management | 194 / 8 | 2028 | $1.5M |
| The Lincoln Coconut Grove | LORE Development Group + Element Development | 48 / 8 | 2028 | $1.52M |
| Ziggurat Coconut Grove | The Allen Morris Company | 19 / 3 | Early 2028 | $3.5M |
See every Miami pre-construction condo, with deposit schedules and status notes ->
Own a Condo in Coconut Grove?
If you are selling from another state, I built the Coconut Grove out-of-state seller guide — the building file that moves your net, milestone status, the no-FIRPTA workflow for US owners, and an RON closing from your home state.
Read: Selling a Coconut Grove Condo From Out of State →Explore Exceptional Homes and Investment Potential
Coconut Grove is Miami's oldest neighborhood and the green, low-slung counterpoint to its tower districts — a historic bayfront village of tree-canopied streets, sailing marinas, and a walkable center around CocoWalk and the bayfront parks. Peacock Park, Kenneth Myers Park, and the marinas at Dinner Key put boating and open space at the center of Grove life; the Vizcaya Museum and Gardens sits on the northern edge; and the neighborhood's schools, Bahamian and bohemian heritage, and canopy of oaks give it a settled, residential character the newer condo districts lack. It is Miami for buyers who want water and greenery over glass and density.
The Grove's condo market runs from marquee new luxury to boutique bayfront stock. The Park Grove development — One Park Grove, Two Park Grove, and the Park Grove Club Residences — joins the Grove at Grand Bay twisting towers, Grovenor House, and the newer Fairchild and Glasshaus to define the modern luxury tier. The bayfront island of Grove Isle adds the exclusive One, Two, and Three Grove Isle buildings, while the Ritz-Carlton Coconut Grove, Residences at Vizcaya, Cloisters on the Bay, and Beacon Harbour fill in the boutique and mid-rise layer. Much of the Grove's older stock is genuinely low-rise — small buildings under the three-story line — which makes it a very different structural profile from a stacked Brickell tower.
Coconut Grove skews strongly owner-occupant. Families, professionals, and second-home buyers come for the schools, the walkable village, and the boating lifestyle rather than rental yield, so the buyer pool is deeper on primary residences than on investors. The boutique scale of many buildings — fewer units, bespoke floor plans — reinforces that: these are homes people hold, not high-churn rental stock. Leasing rules tend to run more restrictive than in Brickell or Downtown, which suits the residential feel of the neighborhood; confirm the specific building's leasing policy if renting matters to you.
The Grove's structural story is shaped by its low-rise character. A good share of its condo stock sits below the three-story threshold that triggers Florida's Milestone (SB 4-D) inspection and Structural Integrity Reserve Study requirements — so for those buildings the Milestone risk is different, not absent, and reserve rules still apply once thresholds are met. The taller bayfront and Grove Isle buildings do face Milestone on the coastal 25-year clock, and the older ones among them are the buildings to examine on reserves and assessments. Because the Grove's buildings are boutique, the reserve math is building-specific and worth pulling directly rather than assuming from the neighborhood.
Coconut Grove sits on Biscayne Bay south of Brickell and east of Coral Gables, reached by South Bayshore Drive, US-1, and the Metrorail's Coconut Grove station. Downtown and Brickell are ten to fifteen minutes north, Coral Gables' Miracle Mile is a short drive west, and the Rickenbacker Causeway to Key Biscayne is close by. Miami International Airport is about twenty minutes. For buyers, the Grove is the leafy, residential, boating-oriented trade against the urban density just up the bay.
Mutiny Park · Grove Towers · Yacht Harbour
It depends on the building, and the Grove skews more restrictive than the mainland investor markets. Because Coconut Grove is primarily an owner-occupant neighborhood of boutique buildings, many associations favor longer minimum leases and limit the number of leases per year to preserve the residential character. Some of the newer luxury towers are more flexible. Because the rules are set building by building, confirm the specific association's leasing terms before you buy. Each Coconut Grove building page lists that building's minimum lease term and leases-per-year where we have verified it.
Coconut Grove dues vary widely because the stock ranges from full-service luxury towers to small boutique buildings. Luxury buildings like the Park Grove and Grove at Grand Bay towers carry concierge, valet, pool, spa, and fitness service and higher dues; smaller mid-rise and low-rise buildings cover less and cost less. Dues typically include common-area insurance, water, and reserves. Post-Surfside, Florida law (SB 4-D) requires condominiums that meet the height threshold to fund structural reserves from a Structural Integrity Reserve Study. Always read the estoppel letter and reserve study before relying on a quoted dues figure.
The Grove's marquee buildings are its new luxury towers — One and Two Park Grove, the Park Grove Club Residences, the Grove at Grand Bay, and Grovenor House — along with the newer Fairchild and Glasshaus. The bayfront Grove Isle buildings and the Ritz-Carlton Coconut Grove anchor the more established luxury layer, with boutique and mid-rise buildings filling in the rest. The right building depends on whether you want a full-service tower, a boutique low-rise, or a bayfront or Grove Isle setting.
It depends on the building's height and age. A good share of the Grove's stock is low-rise, below the three-story threshold that triggers Florida's Milestone (SB 4-D) inspection — so for those buildings the Milestone requirement may not apply, though reserve rules still can. The taller bayfront and Grove Isle towers face Milestone on the coastal 25-year clock, and the older ones are where a buyer should look hardest at the reserve study and any assessment history. Because the buildings are boutique, pull the file for the specific building rather than assuming from the neighborhood.
Coconut Grove is a residential, owner-occupant market where inventory is thinner and more bespoke than in the high-rise districts, and pricing runs building by building rather than off a single neighborhood median. New luxury towers, boutique bayfront buildings, and Grove Isle each trade on their own terms. For current asking prices, browse active Coconut Grove listings on the For Sale and For Rent pages and review each building page for its leasing and HOA profile. We do not publish a fabricated neighborhood median for the Grove; the honest read is building-by-building.
It is the same condo-purchase process, handled remotely. Out-of-state buyers can close by remote online notarization and power of attorney without flying in; international buyers add ITIN setup, foreign-national financing, and FIRPTA-at-purchase planning for the eventual sale. Because the Grove skews owner-occupant and boutique, more of its sales involve primary-home buyers than tenant-occupied investor units, but the remote mechanics are identical. Our non-resident buyer guides walk through financing, taxes, and closing step by step.
Related: Selling a Coconut Grove condo from out of state · Non-resident buyer guides
Nearby neighborhoods: Coral Gables · Brickell · Key Biscayne
Photo: Héctor Del Valle
Photo: Google Local Guide M.C
Photo: Bayshore Club Bar & Grill
Photo: Greenstreet Cafe
Photo: Bombay Darbar
Photo: Mr. C Miami Coconut Grove
Photo: Koko
Photo: Amal Miami
Photo: Chug's Diner
Photo: Edward Schmilinski
Photo: CARBONE VINO
Data & photos from Google Maps
The Arts and Entertainment District, or A + E District, is a vibrant neighborhood known for its focus on culture and creativity. It features art galleries, performance spaces, and trendy boutiques, making it a hub for artistic expression and community events.
Aventura is a suburban area known for its upscale shopping, particularly at the Aventura Mall. This family-friendly community offers a mix of residential neighborhoods, parks, and waterfront views.
Bal Harbour is a luxurious oceanfront community synonymous with high-end shopping and upscale resorts. With pristine beaches and a sophisticated atmosphere, it’s a destination for those seeking luxury and exclusivity.
Brickell is Miami’s financial district, characterized by sleek skyscrapers, upscale condominiums, and a lively urban atmosphere. It’s a hub for young professionals and features a dynamic nightlife scene.
Connected to Brickell by a bridge, Brickell Key is an exclusive island community offering serene waterfront living. Residents enjoy panoramic views of Biscayne Bay and easy access to the amenities of the mainland.
Coconut Grove is a bohemian and historic neighborhood known for its lush greenery, eclectic shops, and vibrant dining scene. It has a laid-back, artsy vibe and is a popular destination for locals and visitors alike.
Coral Gables is an elegant and residential neighborhood known for its Mediterranean-style architecture, tree-lined streets, and upscale shopping and dining along Miracle Mile. It’s home to the University of Miami and the iconic Biltmore Hotel.
The Design District is a trendy area known for its modern architecture, upscale shopping, and contemporary art galleries. It’s a hub for design enthusiasts and those seeking cutting-edge fashion and design.
Downtown Miami is the city’s bustling central business district with a mix of office towers, residential buildings, and cultural attractions. It’s home to landmarks like Bayfront Park, the American Airlines Arena, and the Adrienne Arsht Center for the Performing Arts.
Edgewater is a waterfront neighborhood offering stunning views of Biscayne Bay. It’s known for its high-rise condominiums, parks, and proximity to the arts and culture scene of Wynwood and Midtown Miami.
Fisher Island, accessible only by ferry or private boat, is an exclusive enclave known for its luxury residences, private club, and beautiful beaches. It’s one of the wealthiest zip codes in the United States.
Key Biscayne is an island paradise located just south of Miami. Known for its beautiful beaches, outdoor recreational opportunities, and the iconic Cape Florida Lighthouse, it offers a relaxed and tropical lifestyle.
Miami Beach is an iconic destination famous for its vibrant nightlife, beautiful beaches, and Art Deco architecture in the South Beach area. It attracts tourists, celebrities, and locals alike..
Midtown Miami is a trendy and rapidly developing area known for its mix of residential and commercial spaces. It features shopping, dining, and a thriving arts scene, making it a popular destination for young professionals.
North Bay Village is a collection of islands in Biscayne Bay known for its waterfront living and stunning views of the Miami skyline. It’s a residential community with a mix of single-family homes and condominiums.
Park West is a neighborhood located west of Downtown Miami known for its entertainment options, including nightclubs, bars, and live music venues. It’s a lively area with a mix of residential and commercial developments.
South Beach, or SoBe, is the iconic and vibrant heart of Miami Beach. Known for its beautiful beaches, pastel-colored Art Deco buildings along Ocean Drive, and a lively nightlife scene, it’s a world-famous destination.
South of Fifth, or SoFi, is a chic and upscale neighborhood at the southern tip of Miami Beach. It offers luxurious waterfront living, high-end dining, and a more relaxed atmosphere compared to the bustling South Beach area.
Sunny Isles Beach is a barrier island community known for its sleek high-rise condominiums lining the beach. It offers a mix of residential and resort-style living with easy access to both Miami and Fort Lauderdale.
Surfside is a quaint seaside town known for its family-friendly atmosphere, pristine beaches, and a mix of residential neighborhoods. It’s a charming community with a focus on relaxed coastal living.
The Venetian Islands are a chain of man-made islands in Biscayne Bay, offering exclusive waterfront living with stunning views of the Miami skyline. Each island has its unique charm, and they are connected by bridges.
Wynwood is an artsy and eclectic neighborhood known for its colorful murals, galleries, and hipster vibe. It’s a hub for the arts, with converted warehouses housing galleries, studios, and trendy cafes.
High Pines is a residential neighborhood in unincorporated Dade, bound by Coral Gables, South Miami and the Ponce Davis neighborhood. It’s great location and walkability make it a very desirable location in the area.
Morningside is a historic neighborhood in Miami’s Upper East side, consisting largely of single family homes. It is also home to Morningside Park that is located along Biscayne Bay.