Neighborhood Guide
Coconut Grove
Bohemian Meets Bayfront
Miami's oldest continuously inhabited neighborhood. Coconut Grove blends historic banyan-lined streets, waterfront estates, and a village atmosphere that feels worlds away from the high-rises of Brickell.
Market Snapshot
| Metric | Value |
|---|---|
| Median Price | $1,800,000 |
| Avg Days on Market | 72 |
| Price per Sq Ft | $780 |
| Active Inventory | 280+ |
| Price Range | $600K – $65M |
| Zip Codes | 33133 |
Statistics are approximate and based on recent market activity. Contact Andrew for current data.
Overview
Founded in the 1800s, Coconut Grove is a lush, tree-canopied enclave on Biscayne Bay. It's home to Vizcaya Museum, the Barnacle Historic State Park, Coconut Grove Sailing Club, and some of Miami's most prestigious waterfront estates. The village center along Main Highway and Grand Avenue offers boutiques, cafés, and CocoWalk, a recently renovated open-air retail and office complex.
Lifestyle
Sailing on Biscayne Bay, weekend farmers markets, outdoor dining at Peacock Park, and cycling along the waterfront. The Grove has a distinct artistic and intellectual character — home to writers, architects, and diplomats. The annual Coconut Grove Arts Festival is one of the nation's largest outdoor art events.
Who Buys in Coconut Grove?
Families seeking top-rated schools (Ransom Everglades, Carrollton), established professionals wanting space and privacy, and buyers who value character over flash. Coconut Grove attracts people who could live anywhere in Miami but choose it for the lifestyle — sailing, cycling, outdoor dining under banyan trees.
Highlights
Miami's oldest neighborhood (est. 1800s)
Vizcaya Museum & Gardens
Ransom Everglades — top-ranked private school
CocoWalk — renovated retail/office village center
Bayfront estates with private docks
Annual Coconut Grove Arts Festival
Frequently Asked Questions
Why is Coconut Grove so expensive?
Coconut Grove's premium pricing reflects its unique combination of waterfront land, mature tree canopy, historic character, and top-rated schools. The neighborhood has strict zoning that limits density, preserving its village feel. Waterfront lots are among the most limited in Miami-Dade County, and many estates sit on the bay with private docks. Supply is inherently constrained — new development is mostly limited to the village core.
What are the best schools in Coconut Grove?
Coconut Grove has some of South Florida's most prestigious schools. Ransom Everglades (private, grades 6-12) consistently ranks among the top high schools in the nation. Carrollton School of the Sacred Heart serves girls Pre-K through 12. For public options, Coconut Grove Elementary is A-rated. Many families also choose MAST Academy on Virginia Key, accessible via the Rickenbacker Causeway.
Is Coconut Grove good for families?
Coconut Grove is one of Miami's best family neighborhoods. Tree-lined streets, parks (Peacock Park, David T. Kennedy Park), playgrounds, and the waterfront create a safe, walkable environment. Top schools within the neighborhood, combined with a village atmosphere and strong community events, make it ideal for families who want an urban address with a suburban feel.
What's the difference between Coconut Grove and Coral Gables?
Both are established, leafy, and family-oriented, but they have distinct personalities. Coconut Grove is more bohemian and casual — think art festivals, sailboats, and outdoor cafés. Coral Gables is more manicured and Mediterranean — think uniform architecture, Miracle Mile shopping, and golf courses. Coconut Grove has waterfront bayfront estates; Coral Gables has the Biltmore and canal-front homes. Prices are comparable, but Grove waterfront commands a premium.
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