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Coconut Grove Homes and Condos

Historic, Lush Landscaping, Natural Hammocks, Art Festivals, Coconut Grove Arts Festival, Sailing Regattas, Bohemian, Architectural, Trendy, Luxury, Coconut Grove Sailing Club, Coral Reef Yacht Club, Marinas, Grove Harbor, Rendezvous, The King Mango Strut, Great Grove Bed Race, Aviation


Coconut Grove is the oldest modern continuously-inhabited neighborhood of Miami, Florida in Miami-Dade County, United States, established and incorporated in 1919, often referred to by locals as "The Grove."   Among the fast pace life of Miami's continuously growing metropolis The Grove is a laid-back, waterfront community unlike any other. Situated between Biscayne Bay and Highway U.S. 1, this village-within-a-city offers residents and visitors a unique alternative experience to the standard South Florida lifestyle. With everything from art gallery strolls and abundant fine outdoor dining, casual fun dining, exciting shopping, movies and theater to sailing regattas, wacky festivals Coconut Grove is home to the Coconut Grove Art Festival, Halloween Block Parties, Wacky Bed Races one can only see that activities are plentiful.


Coconut Grove Real Estate


Coconut Grove Condos

Coconut Grove Communities

Coconut Grove Market Overview as of 09-23-2020

Type For Sale Avg Price Avg $/ Sq.Ft.
Single Family Residence 27 $2,404,215 638

Coconut Grove Market Overview
Single Family Homes by # of Bedrooms

Bedrooms For Sale Avg Price Min Price Max Price Avg Sq. Ft. Avg $/ Sq.Ft.
3 10 $1,424,800 $949,000 $2,180,000 2,249 633
4 8 $1,997,875 $975,000 $3,299,000 3,442 580
5 5 $2,446,763 $1,650,000 $3,800,000 4,644 527
6 4 $5,612,250 $2,100,000 $9,950,000 7,572 741

Coconut Grove Single Family Homes Sold in the Past 6 Months

Bedrooms For Sale Avg Price Min Price Max Price Avg Sq. Ft. Avg $/ Sq.Ft.
1 1 $650,000 $650,000 $650,000 1,153 564
2 2 $712,000 $675,000 $749,000 1,276 558
3 7 $1,312,428 $869,000 $1,599,000 2,509 523
4 9 $1,829,555 $750,000 $2,950,000 3,612 507
5 3 $1,521,000 $1,250,000 $1,948,000 3,362 452

The first hotel on the South Florida mainland was located in Coconut Grove, called the Bay View Inn (later known as the Peacock Inn), it was built in 1882, on the site of present-day Peacock Park. The Barnacle Historic State Park also located in Coconut Grove is the oldest house in Miami-Dade County still standing in its original location. It was built in 1891 and was home to Ralph Middleton Munroe who was known as "The Commodore" for being the first commodore and founder of the Biscayne Bay Yacht Club, an American yacht designer and early resident of Coconut Grove.  Modern day yacht clubs such a Biscayne Bay and Coral Reef are fixtures of daily life in the incomparable bayside community.

Coconut Grove was annexed by the city of Miami in 1925 and in the 1960s, Coconut Grove served as the center of South Florida's youth countercultural movement, notably hosting several love-ins and concerts.  Today Coconut Grove host great outdoor festivals and events, the most prominent of which is the annual Coconut Grove Arts Festival.   Vizcaya Museum and Gardens is a prime example of the Coconut Grove theme of beautiful lush landscaped homes, streets and parks.  Kennedy Park and Peacock Park are in the heart of the Grove while close by are world renowned Matheson Hammock Park as well as Crandon Park on Key Biscayne with breath taking beaches and clear water. 

Important in the history of the aviation industry was the Pan American Seaplane Base located in Coconut Grove.  Dinner Key was a small island in Biscayne Bay, and was joined to the mainland during World War I to provide a training field for the U.S. Navy. After the war, the base was used by non-scheduled commercial flyers, until the Navy facility was destroyed by the 1926 hurricane. In 1930, a newly formed airline company, known as Pan American Airways (Pan Am), symbolized by eagles and globes, acquired the New York-Rio-Buenos Aires Airline which flew twin-engine Commodore flying boats between Miami and Buenos Aires. The former naval air base at Dinner Key was selected by Pan Am as the base for its inter-American operations with the inaugural flight from Dinner Key to Panama taking place on December 1, 1930. Charles Lindbergh, who was a technical advisor to Pan Am, surveyed some of the early air routes. Pan American opened the first hangar in 1931. The first passenger "terminal" at the Dinner Key seaplane base was a houseboat obtained in Havana, Cuba, towed by tugs to Miami and anchored to pilings with barges at each end. That same year expansion of the facilities at Dinner Key was undertaken. During World War II, the Key again served as a base for the U.S. Navy, as well as continuing to serve the needs of international air travelers. This site is now Miami City Hall.

Shopping is also abundant in Coconut Grove, with two large open-air malls; CocoWalk, Streets of Mayfair, and many other unique shops and exclusive boutiques.  One will discover high fashion, sophisticated home design and classic and modern literature and art.

“The Grove” appreciates many restaurants and open air cafes; dining in Coconut Grove satisfies and delights all palates.  You will savor delectable dishes from any of the 50 restaurants, international aromas and lush tropical views make for the perfect meal.   

Coconut Grove is one of the hippest, most energetic places to enjoy exciting nightlife.  This is the area most frequented by established and young professionals as well as students from the-nearby University of Miami and Florida International University. Many enjoy trendy things to do such as the Great Grove Bed Race held each Labor Day weekend, the King Mango Strut held Dec/Jan, the Coconut Grove Arts Festival in Feburary and the Great Taste of the Grove in April.

 The Grove is home to Vizcaya Museum and Gardens, the Miami Science Museum, and CocoWalk , Mayfair as well as the annual Coconut Grove Arts Festival which is one of Florida's most vibrant outdoor art festivals, highlighting works of hundreds of local and international artists.  

One of the most sought after communities in the Grove is the Cloisters, a gated community of 41 Mediterranean villas on Biscayne Bay.  These villas are built on 4 levels, including a garage, walled garden and rooftop sundeck. Models range from up to 4 bedrooms, 4.5 baths and well over 5000 square feet of luxury living.

The Grove is an first-rate community for young families offering excellent educational opportunities such as Coral Gables Elementary School, Ransom Everglades School, St. Stephen's Episcopal Day School, the Vanguard School, Carrollton School of the Sacred Heart and Coral Gables Senior High School just to name a few.

The Grove offers travelers and visitors elegant hotels such as The Ritz Carlton, Mayfair Hotel and Spa and Sonesta Bayfront Hotel.


Coconut Grove’s private exclusive properties range from Mediterranean inspired, exquisite historic acclaimed treasures to magnificent modern marvels.   Many communities within The Grove offer gated and private waterfront estates showcasing superior splendid finishes and décor.   Some of the most exclusive gated communities in Coconut Grove are located along Biscayne Bay showcasing private docks and incredible water views.  Discover elegant townhouses and villas such as Cloisters on the Bay, L’Hermitage.   Realize superior single family communities at Biscayne Park, Bay Heights, The Moorings, The Anchorage, Entrada Estates, DeGarmo Estates, Treasure Trove and Ye Little Wood.  One should anticipate that Coconut Grove will satisfy even the most refined and cultivated appetites’ while looking at some of most beautiful properties in all of South Florida. 

Please contact Miami Realtor Michael Martinez from One Sotheby's for info on any of these properties.


Michael J. Martinez, GRI, CRS , Vice President | Estate Agent
ONE Sotheby's International Realty
305.979.9367 305.760.4151 305.666.4187
1430 S. Dixie Highway, Suite 110
Coral Gables, Florida 33146

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