Coconut Grove Community Overview

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More About Coconut Grove, Florida

Coconut Grove is one of Miami’s original neighborhoods situated along Biscayne Bay just a few miles south of Downtown Miami and Brickell. Although Coconut Grove is located in Miami, Coconut Grove, known to the locals as “The Grove,” is completely different than any other neighborhood in Miami. Coconut Grove sets itself apart with its laid-back friendly environment, lusciously-landscaped, serene streets, boutique shops, delicious restaurants, unique artistic expression and Bohemian style. Coconut Grove is truly a sparkling gem in South Florida. Coconut Grove is one of the most-sought-after-places in South Florida to call home because it is such an extraordinary village. The Grove allows you to be tucked away in privacy, but is only minutes from the vibrant, energetic streets of South Beach and Brickell. Living in Coconut Grove really offers Coconut Grove residents the best of both worlds.

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Market Analytics for Coconut Grove

Condominium

Residential

Total Properties 182
Avg Price $2,993,724
Avg Living Area 1,785 sq ft
Avg Year Built 2004

Price Range

Min: $665,000
Max: $7,300,000

Dockominium

Land/Boat Docks

Total Properties 2
Avg Price $794,500

Price Range

Min: $539,000
Max: $1,050,000

Residential

Land/Boat Docks

Total Properties 15
Avg Price $4,012,667
Avg Lot Size 12,677 sq ft

Price Range

Min: $1,450,000
Max: $11,250,000

Villa

Residential

Total Properties 2
Avg Price $2,647,500
Avg Living Area 3,682 sq ft
Avg Year Built 1982

Price Range

Min: $2,000,000
Max: $3,295,000

Townhouse

Residential

Total Properties 53
Avg Price $1,800,059
Avg Living Area 2,402 sq ft
Avg Year Built 2011

Price Range

Min: $1,300,000
Max: $2,965,000

Single Family Residence

Residential

Total Properties 150
Avg Price $4,907,708
Avg Living Area 3,251 sq ft
Avg Lot Size 9,838 sq ft
Avg Year Built 1979

Price Range

Min: $1,850,000
Max: $9,250,000
404
Total Properties
$3,572,998
Average Price
$1,443,491,076
Total Market Value

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Blog Articles for Coconut Grove

Rendering of Six Fisher Island Golf Club

Top 5 Neighborhoods in Miami for High-Net-Worth Buyers

Miami’s luxury map is evolving fast, with record deals and wealth migration reshaping where Ultra-High-Net-Worth ("UHNW") buyers land. These 5 Miami luxury neighborhoods, from ultra-private islands to historic enclaves, consistently deliver privacy, pedigree and prime appreciation drivers...

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Michael Light

Michael Light

Broker Associate
The Light Group Douglas Elliman

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