Miami Community Guide

Coconut Grove

Lush streets. Biscayne Bay. Miami’s oldest neighborhood with a distinctly modern market.
Est. 1873Homes + CondosMiami-DadeLocal Guide
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What should a buyer know about Coconut Grove?
Coconut Grove in 30 Seconds

What kind of neighborhood is Coconut Grove?

Where is it?South of Brickell and east of Coral Gables, along Biscayne Bay.
The Feel
Tropical, established and eclectic, combining a walkable village center with quiet residential streets and some of Miami’s most valuable waterfront property.
Housing
Condos, townhomes, historic cottages, modern single-family homes, gated enclaves, new luxury towers and major waterfront estates.
The Center
CocoWalk and the surrounding village streets form the neighborhood’s dining, shopping and entertainment core.
The Geography
Moving east toward Biscayne Bay and into gated waterfront enclaves generally brings larger properties, less inventory and substantially higher prices.
Understanding the Market

What does it cost to buy in Coconut Grove?

Coconut Grove spans several distinct markets. Village-area condominiums, single-family homes, new luxury towers and waterfront estates should be evaluated separately.
Condos + Townhomes

Village Living

$700K to $2M+
Broad Current Range

Older buildings, boutique projects and newer residences create a wide range of ownership options near the village center.

Single-Family

Core Grove Homes

$1.8M to $6M+
Condition Changes Everything

Lot size, renovation quality, flood elevation and location can create major differences between nearby homes.

New Luxury Condos

Bayside Towers

$3M to $15M+
Select New Developments

Large residences, bay views, private elevators and branded amenities place newer projects in a separate segment.

Waterfront + Estates

Upper Market

$10M to $50M+
Exceptional Properties

Direct bay frontage, private docks, large parcels and gated locations can move pricing far beyond neighborhood medians.

What changes the price?LocationLot SizeConditionConstructionWaterfrontInsurance
Market orientation prepared September 2026. Price bands are broad guides based on the community’s current housing mix and are not property valuations or guaranteed inventory ranges. Current listings and recent comparable sales should be reviewed for any specific property.
Understanding the Area

Where would I live within Coconut Grove?

Coconut Grove changes by location, housing type and street setting. Open an area for a quick orientation.
More CentralMore Residential + Specialized
The village core surrounds CocoWalk, Main Highway and Grand Avenue, offering the Grove’s greatest concentration of restaurants, shops, offices and condominium living.
North Grove contains established residential streets, architecturally varied homes and convenient access toward Brickell, Key Biscayne and central Miami.
South Grove is known for lush landscaping, winding roads and a residential character that becomes quieter as it approaches Coral Gables.
Center Grove includes a mix of townhomes, single-family homes and newer infill construction close to the commercial village.
Communities such as The Moorings, Camp Biscayne and Hughes Cove represent a limited, highly specialized waterfront estate market.
Beyond the Homes

What is around you?

Coconut Grove combines residential living with parks, dining, recreation and destinations that shape everyday life.
01

CocoWalk

Dining · Shopping · Cinema

02

Peacock Park

Bayfront Green Space · Recreation

03

The Barnacle

History · Waterfront Park

04

Dinner Key

Marinas · Sailing · City Hall

05

Vizcaya

Museum · Gardens · Historic Landmark

Getting Oriented

Where is Coconut Grove within Miami?

These nearby areas help place Coconut Grove within the broader geography of Miami-Dade.

BrickellNorth
Coral GablesWest
Key BiscayneEast
South MiamiSouthwest
Biscayne BayEast
Coconut Grove · Miami-Dade
Questions Buyers Ask

Curious about Coconut Grove?

A closer look at questions buyers commonly ask when exploring property in Coconut Grove.
The village core is one of Miami’s more walkable residential environments, with restaurants, shops, parks and marinas close together. Walkability varies considerably outside the center.
Yes. Direct waterfront homes exist along Biscayne Bay and within several gated enclaves, but inventory is limited and boating access is property-specific.
Yes. The Grove contains homes from many periods, including cottages and architecturally significant residences. Historic status and redevelopment potential must be verified for each property.
Elevation, flood-zone designation, insurance and drainage should be reviewed property by property, especially near the bay and lower-lying streets.
Many condominium and townhome options are close to the village, while newer luxury towers are concentrated nearer the bay and South Bayshore Drive.
North Grove is closer to Brickell and central Miami. South Grove generally feels more residential and connects naturally toward Coral Gables.
No. Dock dimensions, water depth, bridges, seawalls and access routes vary. Vessel compatibility requires property-specific investigation.
Lot size, elevation, condition, architectural quality, gated location and waterfront access can produce large pricing differences within short distances.
Dania Diaz · RE/MAX Advance Realty

Thinking about Coconut Grove?

Dania can help you understand the properties, pricing and opportunities across the Coconut Grove market.

Dania Diaz · RE/MAX Advance Realty