Coconut Grove Real Estate
Homes for sale, luxury estates, waterfront residences and condominiums in Miami's oldest and most canopied bayfront neighborhood.
Request Coconut Grove Listings
Tell us what you're looking for and a senior broker will send matching Coconut Grove inventory personally.
Coconut Grove Real Estate at a Glance
Coconut Grove offers a diverse residential market ranging from established single-family homes and newer construction to gated residences, waterfront properties, luxury estates and condominiums. Buyers can explore current Coconut Grove listings below and learn more about the property types, local market and lifestyle that make the Grove one of Miami's most distinctive residential communities.
Homes in Coconut Grove for Sale
Explore current homes in Coconut Grove for sale, from established residences and newer construction to gated properties, waterfront homes and luxury estates. Inventory can vary significantly by location, property type, lot size, condition and proximity to Biscayne Bay.
Because the Grove is geographically small and turnover is limited, the right comparison is usually within the same micro-area — the village edge, the estate streets, North Grove or the bayfront — rather than across the neighborhood as a whole. Buyers widening the search beyond the Grove can also review Miami real estate listings across the wider market.
Coconut Grove Luxury Homes for Sale
The upper end of the Grove is made up of larger residences on wide lots along South Bayshore Drive and Main Highway, gated compounds set behind walls and mature landscaping, architecturally distinctive homes by known local architects, and bayfront properties with private dockage. Newer construction and fully renovated estates compete directly with each other, often on the same street.
What sets pricing here is usually privacy, lot dimensions, canopy, and whether a property has direct water frontage and protected access to open Biscayne Bay. Only a small number of these homes trade in a given year, so buyers comparing this tier against Miami luxury real estate citywide get a clearer read on where Grove values sit.
Types of Homes in Coconut Grove
Few Miami neighborhoods hold as much variety in as little space. Knowing which category a listing belongs to explains most of the price differences a search will surface.
Single-Family Homes
The backbone of the Grove: cottages and Old Florida frame houses on canopy-shaded lanes, Mediterranean and mid-century residences on larger interior lots, and renovated family homes near the village. Lot width, tree canopy, elevation and walkability to the village drive value as much as interior square footage.
Luxury Estates
Larger residences on South Bayshore Drive, along Main Highway and throughout the estate streets between the village and Coral Gables — gated entries, mature landscaping, guest houses and pool pavilions. This inventory turns over slowly, so pricing is read from a handful of genuinely comparable sales.
Waterfront Homes
Bayfront and canal-front properties with direct Biscayne Bay access, some with private dockage. Water frontage, seawall condition, orientation and protected access to open water separate otherwise similar homes by a wide margin.
Gated Residences
Small gated enclaves and gated individual properties exist throughout the Grove, generally as private compounds behind walls and hedges rather than large master-planned subdivisions. Buyers who want a formal gated community often also review neighboring Cocoplum and Gables Estates.
Condos & Residences
Low- and mid-rise condominium residences near the village and along the bay, including newer buildings such as Park Grove, Grove at Grand Bay and Arbor Residences. Building age, amenity level, association finances and rental rules vary meaningfully from one address to the next.
New Construction
Contemporary homes built on redeveloped lots — higher ceilings, impact glass, elevated finished floors and open plans — often steps from streets of historic cottages. New construction and renovated older homes frequently compete for the same buyer at very different price points.
Coconut Grove Waterfront Real Estate
Waterfront property in the Grove sits along Biscayne Bay and the canals feeding into it. The useful questions are practical ones: how much water frontage the lot actually has, how the house is oriented to the water and to afternoon sun, the condition and permitting of the seawall, whether a dock exists or could be permitted, and how protected the route out to open bay is at low tide.
Privacy is the other variable. Deep lots, mature hedging and canopy can make a bayfront home feel private in a way a wide-open frontage does not. Because so few of these properties exist within the Grove's boundaries, buyers often watch the segment for some time before the right combination of frontage, lot and house becomes available.
Coconut Grove Real Estate Market
The Grove behaves as several small markets rather than one. These are the factors that consistently move value here, with the wider Miami real estate market providing the citywide backdrop.
Inventory Levels
The Grove is geographically small, so a handful of listings coming or going noticeably changes the choices available in any given segment.
Location Within the Grove
North Grove, Center Grove, the village edge, the estate streets and the bayfront each attract a different buyer, and pricing follows those micro-areas.
Property Type
A village condo, a cottage on a small lot and a bayfront estate are effectively separate markets that happen to share a ZIP code.
Lot Size and Character
Lot width, depth, tree canopy and buildable area matter greatly in a neighborhood where redevelopment potential is part of value.
Condition and Renovation
Original, partially updated and fully renovated homes on the same street can price far apart, and renovation scope is often the real variable.
Newer Construction Premium
Recently built homes with impact windows, current mechanical systems and modern floor plans typically command a premium over comparable older homes.
Waterfront and Water Access
Direct bay frontage, dockage and protected access to open water are the scarcest attributes in the neighborhood and are priced accordingly.
Comparable Sales and Demand
With limited turnover, valuation leans on carefully chosen comparables rather than neighborhood averages, alongside current buyer demand from local, national and international purchasers.
Living in Coconut Grove
The Grove is defined by its tree canopy. Banyans and live oaks shade narrow residential lanes, and the change in temperature and light when you turn off a main road is immediate. Most of the neighborhood sits within a short walk or bike ride of the village, where CocoWalk, Regatta Harbour and the surrounding streets hold restaurants, cafés, markets and shops that residents actually use day to day.
Biscayne Bay shapes daily life as much as the canopy does. Peacock Park opens onto the water at the edge of the village, Dinner Key and the marinas anchor a genuine sailing and boating community, and The Barnacle preserves Miami's oldest house on five acres of hardwood hammock along the bay.
Housing environments differ noticeably across the neighborhood — walkable village blocks, quiet established streets in North and Center Grove, and the wide estate lots approaching Coral Gables. Buyers comparing the Grove with an urban high-rise lifestyle often look at the Brickell neighborhood north along the bay.
Popular Attractions in Coconut Grove
The parks, marinas and village landmarks residents use — most of them walkable from the neighborhood's residential streets.
Vizcaya Museum and Gardens
Historic Italian Renaissance-style villa and gardens on Biscayne Bay — a National Historic Landmark.
CocoWalk
Open-air lifestyle center with shopping, dining, and entertainment in the heart of Coconut Grove.
Peacock Park
Bayfront park hosting community events, farmers markets, and outdoor recreation.
Barnacle Historic State Park
Oldest home in Miami-Dade County set on a five-acre tropical hardwood hammock on Biscayne Bay.
Dinner Key Marina
Largest wet-slip municipal marina in Florida, defining Coconut Grove's celebrated boating lifestyle.
Need Help Buying or Selling in Coconut Grove?
Once a shortlist takes shape, representation is the next step. Purchase strategy runs through our Miami property buying services, and owners weighing a sale usually start with a personalized Miami home valuation.
Speak With a Coconut Grove Real Estate AgentRequest Coconut Grove Property Guidance
Share what you're considering and a senior broker will respond personally.
Coconut Grove Real Estate FAQs
What types of homes are for sale in Coconut Grove?
Coconut Grove inventory includes single-family homes ranging from historic cottages to renovated family residences, newer construction on redeveloped lots, larger luxury estates, gated private properties, waterfront homes with Biscayne Bay access, and low- and mid-rise condominium residences near the village and along the bay. You can also explore Miami new developments for the newest construction nearby.