Coconut Grove, Miami Real Estate | Homes & Condos for Sale

The StoryLa Historia

Why Coconut Grove.Por qué Coconut Grove.

Coconut Grove is Miami's oldest neighborhood — settled in the 1870s, established before Miami was incorporated. Today it is a leafy, bohemian-luxury enclave anchored by CocoWalk, Vizcaya Museum and Gardens, and miles of Biscayne Bay sailboat moorage. The vibe: lower-rise, slower-paced, hippie-meets-old-money.Coconut Grove es el barrio más antiguo de Miami — establecido antes de que Miami fuera incorporada.

Single-family homes from $2M (Tigertail/center) to $50M+ (waterfront on Bayshore). The branded-condo segment is strong: Park Grove, Vita at Grove Isle and Mr. C Residences are delivered, with The Well Coconut Grove, Four Seasons Residences Coconut Grove and Opus Coconut Grove still in pre-construction. Schools: Ransom Everglades, Carrollton, Coconut Grove Elementary.Casas unifamiliares desde $2M hasta $50M+ frente al mar. El segmento de condominios de marca es fuerte: Park Grove, Vita at Grove Isle y Mr. C Residences ya entregados, con The Well Coconut Grove, Four Seasons Residences Coconut Grove y Opus Coconut Grove aún en pre-construcción.

Coconut Grove is Miami’s oldest neighborhood — a lush, bohemian-turned-affluent enclave of tree-canopied streets, waterfront parks and sailing marinas. “The Grove” blends historic estates and single-family homes with a new generation of boutique condominiums like Park Grove, Grove at Grand Bay and Vita, drawing families, executives and creatives who want walkability, top schools and bayfront living minutes from Brickell. Its village center — CocoWalk, sidewalk cafés and the Saturday farmers’ market — gives the Grove a relaxed, almost small-town feel rare in a major city.Coconut Grove es el barrio más antiguo de Miami: un enclave frondoso, bohemio y hoy próspero, de calles cubiertas de árboles, parques costeros y marinas de veleros. “The Grove” combina fincas históricas y casas unifamiliares con una nueva generación de condominios boutique como Park Grove, Grove at Grand Bay y Vita, atrayendo a familias, ejecutivos y creativos que buscan caminabilidad, buenas escuelas y vida frente a la bahía a minutos de Brickell. Su centro de pueblo —CocoWalk, cafés en la acera y el mercado de agricultores de los sábados— le da al Grove un aire relajado, casi de pueblo pequeño, raro en una gran ciudad.

Market Snapshot · Updated July 2026Panorama del Mercado · Actualizado Julio 2026

Coconut Grove by the numbers.Coconut Grove en cifras.

$1.9M

Median Sold PricePrecio Mediano Vendido

$1.55M

Median Est. ValueValor Estimado

Median Days on MarketDias en el Mercado

94.9%

Sold-to-List RatioVenta sobre Lista

5.8

Months of InventoryMeses de Inventario

As of mid-2026, Coconut Grove's median sold price sits around $1.9 million, up roughly 11% month over month, while the median estimated home value is close to $1.55 million. Homes are trading at about 95% of list price and spending a median of roughly two months on the market. With inventory near 5.8 months of supply and tightening, the Grove is currently a balanced market, tilting neither strongly toward buyers nor sellers. That balance is unusual for a Miami waterfront enclave and reflects the neighborhood's steady, long-term appreciation rather than speculative swings. Figures reflect current Coconut Grove MLS market data and are refreshed periodically.A mediados de 2026, el precio mediano de venta en Coconut Grove ronda los $1.9 millones, un alza de cerca del 11% mes con mes, mientras que el valor estimado mediano se acerca a $1.55 millones. Las viviendas se venden a alrededor del 95% del precio de lista y permanecen una mediana de unos dos meses en el mercado. Con un inventario cercano a 5.8 meses de oferta y en descenso, el Grove es hoy un mercado equilibrado, sin inclinarse con fuerza hacia compradores ni vendedores. Ese equilibrio es poco comun para un enclave costero de Miami y refleja la apreciacion constante y a largo plazo del barrio mas que oscilaciones especulativas. Las cifras reflejan datos actuales del mercado MLS de Coconut Grove y se actualizan periodicamente.

What makes it special.Lo que lo hace especial.

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Vizcaya MuseumVizcaya Museum

Italian Renaissance estate and gardens on the bay. The Grove's cultural anchor.Italian Renaissance estate and gardens on the bay. The Grove's cultural anchor.

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Top SchoolsTop Schools

Ransom Everglades, Carrollton, Coconut Grove Elementary, Frances S. Tucker.Ransom Everglades, Carrollton, Coconut Grove Elementary, Frances S. Tucker.

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Sailing CapitalSailing Capital

Coconut Grove Sailing Club, Biscayne Bay Yacht Club, hundreds of moorings.Coconut Grove Sailing Club, Biscayne Bay Yacht Club, hundreds of moorings.

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CocoWalkCocoWalk

Recently rebuilt mixed-use: restaurants, shops, cinema, offices. Walkable village center.Uso mixto recientemente reconstruido: restaurantes, tiendas, cine y oficinas. Centro del pueblo caminable.

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Ritz-Carlton ResidencesRitz-Carlton Residences

Delivered, sold out. Premium reference for the area's branded segment.Delivered, sold out. Premium reference for the area's branded segment.

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Pre-Construction WavePre-Construction Wave

Vita at Grove Isle and Mr. C delivered (2025 and 2024); The Well, Four Seasons and Opus still to come.Vita at Grove Isle y Mr. C ya entregados (2025 y 2024); The Well, Four Seasons y Opus aún por venir.

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Tree CanopyTree Canopy

Banyans, oaks, mangoes. Old growth — the only Miami neighborhood with real shade.Banyans, oaks, mangoes. Old growth — the only Miami neighborhood with real shade.

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Family-FriendlyFamily-Friendly

Lower density, walkable, strong school district — top family choice in Miami.Lower density, walkable, strong school district — top family choice in Miami.

Best ForIdeal Para

Who calls Coconut Grove home.Quién llama hogar a Coconut Grove.

Families with school-age children (top-tier schools)Families with school-age children (top-tier schools)
Sailors and boating enthusiastsSailors and boating enthusiasts
Buyers seeking single-family character + bayfront accessBuyers seeking single-family character + bayfront access
Old Miami names (lineage families) and new wealth wanting low-key luxuryOld Miami names (lineage families) and new wealth wanting low-key luxury
Empty-nesters downsizing into branded condos (Ritz, Mr. C, Four Seasons)Empty-nesters downsizing into branded condos (Ritz, Mr. C, Four Seasons)

Frequently Asked QuestionsPreguntas Frecuentes

What is Coconut Grove known for?¿Por qué es conocido Coconut Grove?

Coconut Grove is Miami's oldest neighborhood — a lush, walkable, bayfront enclave of tree-canopied streets, sailing marinas and a relaxed village center, blending historic estates with new boutique condominiums.Coconut Grove es el barrio más antiguo de Miami: un enclave frondoso, caminable y frente a la bahía, de calles cubiertas de árboles, marinas de veleros y un relajado centro de pueblo, que combina fincas históricas con nuevos condominios boutique.

Which are the notable condo buildings in Coconut Grove?¿Cuáles son los edificios de condominios destacados en Coconut Grove?

The Grove's standout residences include Park Grove, Grove at Grand Bay, Vita at Grove Isle and Mr. C Residences, offering bayfront living minutes from Brickell.Entre las residencias más destacadas del Grove están Park Grove, Grove at Grand Bay, Vita at Grove Isle y Mr. C Residences, que ofrecen vida frente a la bahía a minutos de Brickell.

Is Coconut Grove good for families?¿Es Coconut Grove bueno para familias?

Coconut Grove is very family-friendly, known for top schools, waterfront parks, a walkable village and a calm, established community feel rare in a major city.Coconut Grove es muy familiar, conocido por sus buenas escuelas, parques junto al agua, un pueblo caminable y un ambiente de comunidad tranquilo y consolidado, poco común en una gran ciudad.

Coconut Grove