Coconut Grove

Homes For Sale

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Coconut Grove, also known as “The Grove,” is the oldest inhabited neighborhood of Miami but its bustling community does not seem to age. It is also dubbed as Miami’s safest residential area, making it one of the most talked about neighborhoods in Miami-Dade County.

The Neighborhood

Coconut Grove’s boundaries include LeJeune Road to the west, North Prospect Drive to the south, Rickenbacker Causeway and South Dixie Causeway to the north, and Biscayne Bay to the east.

It is minutes away from equally historic neighborhoods of Brickell, Coral Gables, and The Roads.

Coming in and out of the city is easy as it is served by the Miami Metrorail at the Douglas and Coconut Grove stations.

The neighborhood is 15 minutes away from the Miami Airport and 10 minutes away from American Airlines Arena.

Coconut Grove, a tropical paradise, is home to a numerous outdoor parks, such as The Kampong, an 8-acre garden part of the National Tropical Botanical Garden.

Coconut Grove real estate takes after its founders and the neighborhood’s boundless energy with its mix of modest cottages, townhomes, sprawling waterfront homes, and upscale condos that offer stunning views of the ocean.

Homes for sale in Coconut Grove mostly have lush greens and eclectic mix of architecture with a median average price of $1,000,000. Gated townhomes and villa communities with 4 bedrooms and 3 baths have prices ranging from $1,000,000 to $2,850,000. Luxury condominiums with a square footage of 3,000 with 3 bedrooms usually sell for $6,000,000.

Coconut GroveThings To Do

The historic neighborhood has a lively nightlife that brings in young professionals, locals, and students from Florida International University and University of Miami. Go-to bars include Mr. Moe’s and Sandbar Grill.

This casual – college town destination also hosts a number of outdoor festival such as the annual Coconut Grove Arts Festival, which attracts throngs of college students and tourists.

Retail therapy via CocoWalk and Village Center treat residents to a huge selection of shops, boutiques, and retail outlets. Residents also shop at Maya Hatcha, Maui Nix Surf Shop, Catch A Wave Surf Shop, Brenda’s Boutique and Isabel Riera.

Top Restaurants In Coconut Grove

1. Lokal
3190 Commodore Plaza,
Miami, FL 33133
(305) 442-3377

2.  Bombay Darbar
2901 Florida Avenue,
Miami, FL 33133
(768) 475-6098

3. Jaguar Ceviche Spoon Bar
3067 Grand Avenue
Miami, FL 33133
(305) 444-0216

4. El Taquito
3410 Main Highway
Miami, FL 33133
(305) 446-2303

5. Peacock Garden Cafe
2889 McFarlane Road,
Miami, FL 33133
(305) 774-3332

6. Vinos in the Grove
3409 Main Highway,
Miami, FL 33133
(305) 442-8840

7. Glass 8 Vine
2820 McFarlane Road,
Miami, FL 33133
(305) 200-5268

8. Coconut Grove Organic Saturday Organic Market
3300 Grand Avenue,
Miami, FL 33133
(305) 238-7747

9. The Spillover
2911 Grand Avenue,
Miami, FL 33133
(305) 456-5723

10. Harry’s Pizzeria
2996 McFarlane Road,
Miami, FL 33133
(786) 655-0121

Communities

Coconut Grove has a collection of single family homes, highrise buildings and apartment complexes. This includes

Schools

Coconut Grove students can get their education from Coconut Grove Elementary School at 3351 Matilda Avenue.

The full list of schools within Coconut Grove includes:

St. Stephen’s Episcopal Day School
3439 Main Highway, Coconut Grove, FL 33131

Coconut Grove Montessori School
3280 Bird Avenue, Miami, FL 33133

Vanguard School of Coconut Grove
3939 Main Highway, Miami FL 33133

Real Estate Trends

Coconut Grove real estate is stable, particularly those properties below the $1 million mark. Properties priced from $1 million to $2 million range are now a buyer’s market, due to home seller’s significant overpricing.

In general, though, Coconut Grove’s market is performing well in terms of its average sales price per square foot, which has increased from $479 to $505. The appreciation is not only apparent in the single family housing market but also in the condo market.

Coconut Grove median rent is currently at $4, 350, significantly higher than Miami’s average.

The residents of Coconut Grove are mostly married couples and are in the working age range of 38 to 40 years old with a median household income of $63,617.

5
Beds
6 | 1
Baths
5,522
SqFt
(30)
 
 
#A10329661 | Condo
 
6
Beds
7 | 1
Baths
9,323
SqFt
(21)
 
 
#A10206680 | Single Family Home
 
6
Beds
6 | 1
Baths
9,813
SqFt
(28)
 
 
#A2178522 | Single Family Home
 
5
Beds
6 | 1
Baths
5,145
SqFt
(25)
 
 
#A10160705 | Condo
 
5
Beds
5 | 1
Baths
4,872
SqFt
(24)
 
 
#A10315214 | Condo
 
5
Beds
6 | 1
Baths
5,142
SqFt
(22)
 
 
#A10219602 | Condo
 
5
Beds
6 | 1
Baths
5,522
SqFt
(4)
 
 
#A10230228 | Condo
 
5
Beds
5 | 1
Baths
5,102
SqFt
(35)
 
 
#A10286813 | Single Family Home
 
© 2017 Miami Association of REALTORS®. All rights reserved.
IDX information is provided exclusively for consumers' personal, noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data is deemed reliable but is not guaranteed accurate.
Miami data last updated at August 22, 2017 11:06 PM ET

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