Coconut Grove Miami: Luxury New Developments in South Florida’s Oldest Neighborhood

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As of October 2, 2026, Coconut Grove has two branded projects on Haute Residence’s New Developments board, Four Seasons Private Residences Coconut Grove and THE WELL Coconut Grove, both with estimated delivery in 2028. Arbor Residences is already delivered: it received its Certificate of Occupancy in 2026. Many Grove shoppers also tour Villa Miami, a bayfront tower in Edgewater developed by Terra and One Thousand Group.

Published starting prices range from $1.5 million at THE WELL and $1.8 million for Arbor’s remaining homes to $5.62 million at Four Seasons and $5.8 million at Villa Miami. This guide checks each figure against our cards and project pages, answers the questions buyers ask about the Grove, and compares it with Brickell and Miami Beach.

Coconut Grove new developments at a glance (as of Oct 2, 2026)

Why do buyers look at Coconut Grove instead of Brickell or Miami Beach?

Coconut Grove is a walkable, bayfront neighborhood. The stretch from Grand Avenue toward the bay, through the CocoWalk area and down to Kennedy Park and Dinner Key, reads as a neighborhood first: tree canopy, independent restaurants and a sailing culture centered on its yacht and sailing clubs and Dinner Key Marina, rather than a resort beach.

The scale is deliberate. Our Coconut Grove market page describes the current pipeline as small and low-density rather than high-rise, so buyers here weigh a few distinct projects instead of a skyline of towers. What they get in exchange is shade, bay access and a slower daily rhythm, a short drive from Coral Gables, Brickell and Miami International Airport.

What has Terra already built in Coconut Grove?

Terra, founded by David Martin, is one of the developers behind the Grove’s recent luxury buildings. On South Bayshore Drive, Terra and the Cipriani brothers’ Mr. C Residences Bayshore Tower was completed in 2024 with 121 residences, according to our Coconut Grove market page. The same stretch of the bay includes Grove at Grand Bay (2016), designed by Bjarke Ingels, and Park Grove (2018), designed by OMA / Rem Koolhaas.

Terra’s project in the Grove’s current pipeline is THE WELL Coconut Grove, covered below. In Edgewater, Terra is developing Villa Miami with One Thousand Group; Grove shoppers often tour it in the same week, though it is outside Coconut Grove. For more on the developer, see our Terra Group profile.

What does Four Seasons Private Residences Coconut Grove offer?

Four Seasons Private Residences Coconut Grove is a 20-story, 70-residence building at 2699 South Bayshore Drive on Biscayne Bay. It is developed by CMC Group, designed by Revuelta Architecture, with interiors by Bonan Interior Design. Our project page, last verified August 30, 2026, lists pricing from $5.62 million, about $2,500 per square foot at entry, for two- to five-bedroom residences plus penthouses; the New Developments card rounds the entry to $5.6 million. The project page updated delivery on October 1, 2026 to an estimated 2028, citing the developer’s July 1, 2026 release.

There is no hotel on site: Four Seasons manages a residential building. The project page lists a serviced pool deck, a spa with treatment rooms, a fitness center and yoga room, a signature restaurant with in-residence dining, a private lounge and bar, 24-hour valet, and services including butler, housekeeping and grocery provisioning. Ownership includes a private Surf Club membership with initiation and first-year dues waived, according to the project page. Confirm the current membership terms in writing before you rely on them.

What does THE WELL Coconut Grove offer?

THE WELL Coconut Grove is Terra’s wellness-branded community on Tigertail Avenue: 194 residences across eight stories, with architecture by Arquitectonica and interiors by Meyer Davis. Our New Developments card and project page list pricing from $1.5 million and estimated delivery in 2028, with one- to four-bedroom residences plus penthouses and about $1,200 per square foot at entry on the card.

The building is organized around THE WELL’s integrative health programming. The project page lists a WELL clubhouse with treatment rooms, a movement studio and an IV therapy lounge; a hammam, sauna and cold-plunge circuit; a resort pool with cabanas and a tropical garden; 24-hour concierge and valet; and a children’s play garden. It lists the views as garden and bay, so buyers who want direct Biscayne Bay frontage should confirm exposures floor by floor.

The two branded Grove projects answer different briefs: 70 residences with Four Seasons service from $5.62 million, or 194 residences with wellness programming from $1.5 million, both estimated for 2028. For a head-to-head, see our Four Seasons vs. THE WELL Coconut Grove buyer’s guide.

Why do Grove shoppers tour Villa Miami in Edgewater?

Villa Miami is not in Coconut Grove. It is at 710 NE 29th Street in Edgewater, developed by Terra and One Thousand Group, with architecture by ODP Architects and interiors by Charles & Co. Our New Developments card and project page (verified August 30, 2026) list 72 residences across 56 stories, pricing from $5.8 million, about $1,800 per square foot at entry, and estimated delivery in 2027.

It appears in this guide because Grove buyers often compare a finished, bayfront residence north of the Grove with the lower-rise options inside it. Villa Miami is not hotel-branded; its project page describes fully finished residences and a dining-led social program from One Thousand Group. For the full profile, see Inside Villa Miami.

What does Arbor Residences add to Grove inventory in 2026?

Arbor Residences Coconut Grove is already delivered. Our project page describes a 45-residence boutique condominium at 3034 Oak Avenue by Ark Capital Group, designed by Behar Font and reduced from an earlier 52-unit plan. It has received its Certificate of Occupancy, move-ins are underway, and remaining homes are listed from $1.8 million in two-bedroom-plus-den and three-bedroom layouts.

For a 2026 buyer, Arbor is a finished Oak Avenue address to weigh against a 2028 closing at Four Seasons or THE WELL. Arbor is not on our New Developments board, so the project page is the source here; confirm remaining inventory and the association documents directly.

How does Coconut Grove compare with Brickell and Miami Beach?

Brickell is Miami’s high-rise bayfront district, with branded towers and a financial-district pace. Miami Beach offers oceanfront living and a busier hospitality scene. Coconut Grove is lower-rise, with more tree canopy, sailing and village retail, and fewer new projects at any one time.

For buyers, the practical differences come down to four things: density (lower in the Grove), canopy (more of it), nightlife (quieter), and the number of new projects (fewer). Buyers who want an ocean beach and many hotel brands look at Miami Beach or Sunny Isles Beach. Buyers who want walkable towers over the bay look at Brickell. Buyers who want shade, bay access and a smaller residential scale look at the Grove, then choose between Four Seasons service, THE WELL’s programming, Arbor’s delivered homes or a tour of Villa Miami in Edgewater.

For the Brickell side, see our Brickell new developments guide. For three bayfront lifestyles compared, see Brickell Key vs Coconut Grove vs Edgewater.

What should buyers compare before choosing a Coconut Grove new development?

Use the same checklist for Four Seasons, THE WELL and any delivered home you are considering:

• Pricing and floor plans. Compare price per square foot by stack and floor, not only the published entry, and request the current price sheet; pricing changes between releases.
• Developer and design team. CMC Group, Revuelta and Bonan at Four Seasons; Terra, Arquitectonica and Meyer Davis at THE WELL; Ark Capital Group and Behar Font at Arbor.
• Brand and service model. Four Seasons provides hospitality service; THE WELL provides wellness programming. Ask what the association fee covers, what is billed separately, and which membership benefits depend on third-party approval.
• Delivery and deposits. Confirm the closing window and deposit schedule in the offering documents. Our project pages list deposit schedules on request rather than a single public percentage.
• Views and orientation. Bayfront, partial-bay, canopy and garden stacks live differently. Review the floor plans and exposures before you choose a floor.
• Rental policy and carrying costs. Rental rules, insurance, taxes and service fees vary by building. Budget the full monthly cost, not only the mortgage.
• Resale. A supply-limited neighborhood does not guarantee a resale result. Buy for how you will live there, and run the numbers with your own advisors.

Request Pricing & Floor Plans

HL Real Estate Group can request current price sheets, floor plans, deposit schedules and rental rules for Four Seasons Private Residences Coconut Grove, THE WELL Coconut Grove, Arbor Residences and Villa Miami, so you can compare them on dated documents.

Coconut Grove New Developments FAQ

Which Coconut Grove new developments are on Haute Residence’s board?

As of October 2, 2026, our New Developments board lists Four Seasons Private Residences Coconut Grove and THE WELL Coconut Grove, both with estimated delivery in 2028. Arbor Residences was delivered in 2026 and has its own project page. Villa Miami is in Edgewater, but many Grove buyers also tour it.

What is the starting price at Four Seasons Private Residences Coconut Grove?

Our project page lists pricing from $5.62 million, about $2,500 per square foot at entry, as of its August 30, 2026 verification. The New Developments card rounds the entry to $5.6 million. Pricing changes between releases, so request the current price sheet for the residence line you want.

When is Four Seasons Coconut Grove expected to be completed?

Haute Residence lists estimated delivery in 2028. Our project page updated delivery to 2028 on October 1, 2026, citing the developer’s July 1, 2026 release. Construction schedules can change. Request current pricing, floor plans and up-to-date availability through Haute Residence.

What is the starting price at THE WELL Coconut Grove?

Our New Developments card and project page list THE WELL Coconut Grove from $1.5 million, about $1,200 per square foot at entry, across 194 residences on eight stories, with estimated delivery in 2028. Residences range from one to four bedrooms plus penthouses. Request the current price sheet, since pricing changes.

Is Villa Miami in Coconut Grove?

No. Villa Miami is at 710 NE 29th Street in Edgewater. It appears in this guide because Grove buyers often compare it with Four Seasons and THE WELL when they want a bayfront new building; Terra develops both Villa Miami, with One Thousand Group, and THE WELL.

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Sources: Haute Residence New Developments cards for Four Seasons Private Residences Coconut Grove, THE WELL Coconut Grove and Villa Miami (checked October 2, 2026); project pages for Four Seasons Private Residences Coconut Grove (verified August 30, 2026; delivery updated October 1, 2026), THE WELL Coconut Grove (pricing updated August 2026), Arbor Residences Coconut Grove (checked October 2, 2026) and Villa Miami (verified August 30, 2026; height updated October 1, 2026); Haute Residence Coconut Grove market page (checked October 2, 2026). Figures are subject to change.

By Haute Residence Editorial Team