Miami-Dade
Coconut Grove
The oldest neighborhood, and the shadiest
Overview
Tree canopy, sailing water and a village center — Miami's original settlement, and its most consistently family-held market.
On the market in Coconut Grove
The Coconut Grove guide
The Grove predates the city that surrounds it and has never much behaved like it. It is low, green and genuinely shaded, built along a stretch of Biscayne Bay that is sailing water rather than ocean, with a walkable village center at its heart. The recent development here has been deliberately small in scale — a short list of low-rise, design-led buildings rather than towers — because the neighborhood's own character is the product. Buyers are disproportionately families and long-holders, which makes for a market with less speculative churn than anywhere else in the county.
The Grove is older than the city around it and reads that way: tree canopy, low buildings, a village centre that people actually walk to, and a waterfront given over to marinas and parks rather than towers. It is the part of Miami that feels least like the rest of it.
The housing is genuinely mixed — historic single-family houses on large lots, a small number of boutique buildings, and a handful of newer residences on the water. That mix is the appeal and the complication: there is no single Grove market, and comparable sales need reading with care.
It suits people who want schools, shade and a neighbourhood rather than a view line and a service model. The trade is that inventory is limited and turns over slowly, particularly on the streets buyers most want, so a search here is usually measured in seasons rather than weeks. This is one of the areas I know best.
Known for
The life here
- Mature tree canopy and a street-level walkability the rest of the city lacks
- Two marinas and Biscayne Bay sailing water
- Ransom Everglades and Carrollton within the neighborhood
- CocoWalk and the village center, rebuilt and re-tenanted
Buying here
Grove buildings are small and their lines are not interchangeable — a canopy view and a bay view in the same building are different assets. Elevation also matters more here than the flat map suggests; parts of the Grove sit on the ridge and parts do not.
By Luiza Chiminacio Blackmon
Market snapshot
Figures below are drawn from the published starting prices of the new developments currently in this guide — not from MLS data.
$1.5M
entry pricing from
1
branded residences
1
on the water
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For owners
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The buyer here is usually choosing the neighborhood before the building. Selling the Grove — the canopy, the schools, the water — and then the residence tends to work better than the reverse.
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1111 Lincoln Rd #805
Miami Beach, FL 33139
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