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Market Intelligence

Coconut Grove

Miami’s oldest neighborhood — a canopy-covered village of sailing clubs and historic streets now absorbing a new wave of boutique luxury towers.

Ten minutes from Brickell’s vertical financial district, the Grove trades scale for greenery: walkable streets under a tree canopy, marinas lining the bay, and top schools like Ransom Everglades and Carrollton woven into the neighborhood. The current development wave is boutique by design — THE WELL Coconut Grove, Four Seasons Private Residences and Arbor Residences lead a small, low-density pipeline rather than Downtown’s high-rise density.

Coconut Grove skyline
Market Snapshot
26
Buildings Indexed
81
Active For Sale
34
Active For Rent
101
Sales, Last 12mo
$1,375
Avg Asking $/SF
$1,233
Avg Closed $/SF
The Haute Building Index™ is complete at 26 buildings. The figures above are the live-data layer on top of it — powered by MiamiRE/Bridge MLS feeds for all 26.
New Developments

The active Coconut Grove pipeline

Haute Residence Curation
Everything below The Haute List is the complete, uncurated database. What follows here is the opposite: eight buildings Haute Residence has personally selected — not an algorithm, not a ranking.
The Haute List

Haute Residence's Coconut Grove selections

A curated selection of standout buildings personally chosen by Haute Residence based on design, location, service, reputation, residence quality, and overall luxury positioning. This is editorial judgment, not an algorithm or a ranking.

Haute Select
Vita at Grove Isle
5 Grove Isle Drive, Coconut Grove, FL 33133
Built 2026 · 79 residences · 5 floors
12 For Sale · 1 For Rent · $2,585/SF asking
The newest arrival on the Grove's only private island — 79 residences with preferred access to the Grove Isle Club's tennis center, marina, and bayfront restaurant.
Haute Select
Mr. C Residences Bayshore Tower
2655 S Bayshore Dr, Miami, FL 33133
Built 2024 · 121 residences · 20 floors
7 For Sale · 1 For Rent · $1,981/SF asking
Terra Group and the Cipriani brothers bring yacht-inspired hospitality to Bayshore Drive — a specialty market, cafe, and wellness center run with restaurant-grade service.
Haute Select
Grove at Grand Bay
2669 | 2675 S. Bayshore Dr. Coconut Grove, FL 33133
Built 2016 · 96 residences · 20 floors
2 For Sale · 1 For Rent · $1,948/SF asking
Bjarke Ingels' twin towers with Raymond Jungles landscaping — glass-enclosed tennis, a rooftop pool, and an onsite chef define the Grove's most architecturally ambitious address.
Haute Select
Park Grove Club Residences
2831 S. Bayshore Dr. Coconut Grove, FL 33133
Built 2018 · 130 residences · 23 floors
— For Sale · — For Rent · —/SF asking
OMA/Rem Koolhaas architecture, William Sofield interiors, LEED Silver bayfront living — the design pedigree that put Related Group's Park Grove complex on the map.
Haute Select
One Park Grove
2811 S Bayshore Dr, Coconut Grove, FL 33133
Built 2020 · 67 residences · 23 floors
1 For Sale · 1 For Rent · $2,897/SF asking
The most private of the three Park Grove towers — private-elevator residences, a dedicated wine cellar and tasting room, and Rem Koolhaas's signature sculpture garden.
Haute Select
Ritz Carlton Coconut Grove
3350-3400 SW 27 Ave, Coconut Grove, FL 33133
Built 2001 · 212 residences · 22 floors
16 For Sale · 2 For Rent · $1,753/SF asking
Two acres of bayfront grounds and full Ritz-Carlton service — a 6,000-square-foot spa, 24-hour concierge and valet, steps from the Grove's marinas and village dining.
Haute Select
Grovenor House
2627 S Bayshore Dr Coconut Grove, FL 33133
Built 2006 · 166 residences · 32 floors
3 For Sale · 1 For Rent · $1,535/SF asking
A Bayshore Drive fixture since 2006 — an infinity-edge pool with cabanas and wet bar, tennis, and a dog park, all with Grovenor Link concierge service.
Haute Select
The Fairchild Coconut Grove
3581 E Glencoe St, Miami, FL 33133
Built 2020 · 26 residences · 5 floors
4 For Sale · — For Rent · $1,449/SF asking
A boutique 26-residence address tucked into the Grove's tree canopy — low-density, low-key luxury away from the bayfront towers.
Building Index™ — Complete Database

All 26 Coconut Grove buildings

The complete Haute Building Index™ for Coconut Grove — from 1970s–80s bayfront classics to the current wave of Terra Group and Related developments.

Building
Built
Units
For Sale
For Rent
Asking $/SF
Beacon Harbour
2003
10
1
—
$1,452
Cloisters on the Bay
2003
40
—
—
—
Cocostyle Lofts
2006
30
1
2
$651
Glasshaus
2021
23
1
—
$1,350
Grove at Grand Bay
2016
96
2
1
$1,948
Grove Garden
2006
42
1
1
$910
Grove Hill Tower
1996
75
—
1
—
Grove Towers
1982
99
3
—
$1,077
Grovenor House
2006
166
3
1
$1,535
Lofts at Mayfair
2007
99
1
2
$834
Lucello
2016
6
—
—
—
Mr. C Residences Bayshore Tower
2024
121
7
1
$1,981
Live Inventory

Homes & condos for sale in Coconut Grove

81 active listings across 26 MLS-connected buildings, synced 2026-09-06 17:24 UTC. Showing top 15 by price — view all.
Building / Unit
Bed/Bath
SF
Price
$/SF
DOM
Vita at Grove Isle #PHS01
4bd/6ba
7027 sf
$23,500,000
$3,344/sf
158d
Vita at Grove Isle #PH-L05
4bd/6ba
7027 sf
$21,300,000
$3,031/sf
53d
Mr. C Residences Bayshore Tower #1801-02
6bd/7ba
4833 sf
$14,750,000
$3,052/sf
6d
Vita at Grove Isle #M301
4bd/5ba
3798 sf
$10,100,000
$2,659/sf
170d
Vita at Grove Isle #M502
4bd/5ba
3677 sf
$9,995,000
$2,718/sf
22d
Vita at Grove Isle #S304
4bd/5ba
4019 sf
$9,800,000
$2,438/sf
168d
One Park Grove #20BC
4bd/5ba
3365 sf
$9,750,000
$2,897/sf
622d
Vita at Grove Isle #S 504
4bd/5ba
4318 sf
$9,500,000
$2,200/sf
154d
Vita at Grove Isle #M303
4bd/5ba
3613 sf
$8,950,000
$2,477/sf
203d
Vita at Grove Isle #S503
4bd/5ba
4117 sf
$8,940,000
$2,171/sf
137d
Vita at Grove Isle #S203
4bd/5ba
3834 sf
$8,380,000
$2,186/sf
164d
Ritz Carlton Coconut Grove #N01
4bd/5ba
4168 sf
$7,999,000
$1,919/sf
118d
Ritz Carlton Coconut Grove #512
4bd/5ba
4204 sf
$7,999,000
$1,903/sf
206d
Vita at Grove Isle #L501
3bd/4ba
3246 sf
$7,900,000
$2,434/sf
181d
Grove at Grand Bay #402S
5bd/6ba
3950 sf
$7,850,000
$1,987/sf
71d
Recent Sales

Closed sales, last 12 months

101 closed sales across 26 MLS-connected buildings. Showing top 15 most recent.
Building / Unit
Bed/Bath
SF
Sale Price
$/SF
Close Date
Grove Towers #6B
2bd/2ba
1375 sf
$1,400,000
$1,018/sf
2026-09-04
Ritz Carlton Coconut Grove #1504
4bd/5ba
3370 sf
$3,000,000
$890/sf
2026-09-02
Cocostyle Lofts #506
1bd/2ba
999 sf
$564,000
$565/sf
2026-08-21
Three Grove Isle #C208
2bd/2ba
1642 sf
$950,000
$579/sf
2026-08-17
Grove Garden #404
1bd/3ba
983 sf
$850,000
$865/sf
2026-08-14
Ritz Carlton Coconut Grove #2102
3bd/3ba
2114 sf
$3,500,000
$1,656/sf
2026-08-10
One Grove Isle #A1809
3bd/3ba
2614 sf
$3,100,000
$1,186/sf
2026-08-04
Ritz Carlton Coconut Grove #2304
4bd/5ba
3370 sf
$3,140,862
$932/sf
2026-08-04
Grovenor House #2904
3bd/4ba
2640 sf
$6,050,000
$2,292/sf
2026-07-31
The Mutiny #1111
1bd/1ba
620 sf
$540,000
$871/sf
2026-07-31
Cocostyle Lofts #307
1bd/2ba
875 sf
$710,000
$811/sf
2026-07-15
Grove at Grand Bay #1503N
6bd/6ba
5332 sf
$9,050,000
$1,697/sf
2026-07-13
The Fairchild Coconut Grove #501
4bd/6ba
2988 sf
$5,500,000
$1,841/sf
2026-07-13
The Mutiny #PH-3
2bd/2ba
1040 sf
$1,200,000
$1,154/sf
2026-07-13
Mr. C Residences Bayshore Tower #LPH
5bd/6ba
6611 sf
$16,150,000
$2,443/sf
2026-07-07
Haute Intelligence

Coconut Grove Market Intelligence

$1,375
Average asking $/SF
$1,233
Average closed $/SF
115
Total active listings
101
Closed sales, 12mo
Aggregate MLS statistics across all 26 of Coconut Grove's MiamiRE/Bridge MLS-connected buildings — a complete market picture, not a partial sample. No historical trend shown until comparable prior-period data exists.
Branded Residences

Hospitality brands on Bayshore Drive

Coconut Grove's branded-residence story is a hospitality one, not an automotive one — the Grove sells service pedigree rather than mechanical spectacle. Ritz-Carlton Coconut Grove has anchored the bayfront since 2001, pairing full hotel service with two acres of tropical grounds. Mr. C Residences Bayshore Tower extends the Cipriani family's Italian hospitality brand into residential form, with a specialty market, signature cafe and concierge program run to restaurant standards. The incoming Four Seasons Private Residences adds a third global hospitality name to the same corridor, confirming Bayshore Drive as the Grove's branded-living spine.

Condominiums & Buildings

Coconut Grove's architectural range

Coconut Grove spans low-rise 1970s–80s bayfront classics, OMA/Rem Koolhaas-designed towers at Park Grove, and the current wave of hospitality-branded new construction — all on a village-scale footprint under a tree canopy. See every one of the 26 profiled buildings, live counts included, in All Buildings above ↑.

Intelligence & Editorial

From Haute Residence News

Coconut Grove vs. Brickell

Ten minutes apart, two different buyers

Scale and greenery separate the two markets more than distance does. Coconut Grove is a walkable village under a tree canopy, with marinas, parks and schools woven through low- and mid-rise buildings — a neighborhood-first buyer decision. Brickell is a vertical financial district where the tower's amenities and skyline views are the whole proposition, and the neighborhood outside the lobby is secondary. Buyers choosing between them are usually choosing between a family-and-lifestyle address and an urban-density investment address, not between two versions of the same thing.

Haute Perspective

Brickell sells a skyline; Coconut Grove sells a canopy.

The Grove is the rare Miami market where a buyer trades some of the city's density for streets, shade and marinas, without leaving Miami-Dade's core. That trade-off is precisely why its new-construction wave — wellness-branded, hospitality-branded, boutique-scale — is selling to buyers who could afford a Brickell high-rise and are deliberately choosing not to.

Neighborhood Intelligence

Living in Coconut Grove

Coconut Grove is Miami's oldest neighborhood and its most complete one — a bayfront village of banyan canopies, sailing clubs and top private schools (Ransom Everglades, Carrollton) that has quietly become one of the strongest luxury markets in the city. The Grove's 26 condo buildings are low-key by Brickell standards, and that is precisely the appeal: village scale, water access and ten minutes to the financial district.

The current cycle brought a boutique luxury wave — Mr. C, Vita at Grove Isle, and now THE WELL, Four Seasons Private Residences and Arbor — projects that sell wellness, canopy views and walkability rather than height. Grove inventory is structurally scarce; families who land here rarely trade out.

Market Experts

Coconut Grove Advisors

HL Real Estate Group advisors work across Coconut Grove’s bayfront and village condo market, with building-level knowledge of current inventory, recent sales, and private opportunities.

Speak With An Advisor
Evaluating Coconut Grove against Brickell Key, Sunny Isles Beach or Miami Beach? Our advisors work across all Haute Residence markets.
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Questions

Coconut Grove, answered

What makes Coconut Grove different from Brickell?

Scale and greenery. The Grove is a walkable village under a tree canopy with marinas and schools; Brickell is a vertical financial district. They are ten minutes apart and trade to completely different buyers.

Which new developments are coming to Coconut Grove?

THE WELL Coconut Grove (wellness-branded residences), Four Seasons Private Residences and Arbor Residences headline the current wave — all boutique-scale projects covered on our development pages.

Is Coconut Grove good for families?

It is arguably Miami's best family neighborhood: Ransom Everglades and Carrollton are in the neighborhood, parks and marinas line the bay, and the village core is walkable.

Buyers

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Owners

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