How much does a home cost in Coconut Grove?

Coconut Grove sits near the top of the Miami market, but the range is wide. Condos in older garden and bay-view buildings are the most attainable way in, newer towers along South Bayshore Drive and village townhomes sit in the middle, and Grove Isle penthouses, new construction and houses on large North and South Grove lots carry the highest prices. The market table on this page shows the current median list and sold prices for single-family homes and condos, updated daily from the MLS.

Is Coconut Grove its own city?

No. Coconut Grove was a town of its own from 1919 until 1925, when the City of Miami annexed it, and it is still a neighborhood of the City of Miami, so the city's taxes, Miami 21 zoning, permits and services apply. Listings here still carry Coconut Grove as their city, which is how this page finds them, but some Grove homes are listed under Miami instead, so we check both names when we pull sales.

Can I keep a boat in Coconut Grove?

Yes, and sailing is part of life in the Grove. The City of Miami's Dinner Key Marina has wet slips and a mooring field, Grove Isle Marina serves the island, and a few buildings such as Beacon Harbour have their own docks. The Coconut Grove Sailing Club, the Coral Reef Yacht Club and the Biscayne Bay Yacht Club are all on the bay here. Whether a slip is deeded, leased or not included varies home by home, so we confirm it, the maximum boat length and the water depth.

What should I know before buying a condo in Coconut Grove?

Read the documents as closely as the listing. For an older building, the milestone inspection, the structural integrity reserve study, the reserves and any special assessment matter. For a new or pre-construction residence, the deposit schedule, the completion date, the finishes and whether you may assign or lease the unit matter. In both, the association sets the rules on approval, pets, parking and leasing, and some buildings charge a separate marina or club fee.

Which schools serve Coconut Grove?

Miami-Dade County Public Schools assigns students by address, and Coconut Grove Elementary is among the public schools in the neighborhood; boundaries change, so we confirm the zoned schools for the exact home. The Grove is also home to private schools, including Ransom Everglades School and Carrollton School of the Sacred Heart on Main Highway, and the University of Miami's main campus is in neighboring Coral Gables.

What is my Coconut Grove home worth?

Request a free valuation and we build it from recent closed sales that match your home: for a condo, the building, floor, view, parking and any boat slip; for a house, the lot, elevation, trees, condition and whether it is new construction, rather than a neighborhood-wide median. For a listing decision we prepare a full comparative market analysis, and homeowners who need a fast sale can request a guaranteed cash offer.

Do you already have buyers looking for homes in Coconut Grove?

BreakThru Realty works with hundreds of prequalified buyers searching for properties. We keep each buyer's requirements on file: the neighborhoods, the price range, the property type and the features they are waiting for. Whether one of them fits your home is something a licensed broker checks for your property specifically, before the call. Your home may be the one a buyer is waiting to find; we confirm it before we call it a match, and a potential match is a conversation, not an offer.

Coconut Grove Real Estate & Homes for Sale

Your next move in Coconut Grove deserves a better strategy: buy, sell or invest with the numbers in front of you.

The bayfront neighborhood of the City of Miami south of Brickell and next to Coral Gables: sailing clubs and marinas at Dinner Key, a walkable village center, condominium towers on South Bayshore Drive, the gated island of Grove Isle and houses under old tree canopy.

Coconut Grove Market at a Glance

Updated November 7, 2026 from BeachesMLS.

Newest Coconut Grove Homes for Sale

The 30 newest homes, condos and townhomes on the market in Coconut Grove, straight from BeachesMLS. The 30 listings on this page run from $899,000 to $21,300,000, with a median of $4,050,000, about $1,339 per square foot, and they have been listed a median of 127 days.

The communities with the most listings here are The Well Coconut Grove (4), Vita at Grove Isle (4), Grove Isle (2), Palm Terrace (2) and Vita Grove Isle (2), 14 of the 30; the others are spread across 16 more communities.
By type: 20 condos, 6 townhomes and villas and 4 single-family homes.
Bedrooms run from 1 to 6, a median of 3; they were built between 1924 and 2028, a median of 2022, and 18 in the last ten years.
4 of the 30 have a pool, and 12 are on the water.

See every Coconut Grove home for sale with map and filters.

	Single-family homes	Condos & townhomes
Active listings	4	32
Median list price	$4,050,000	$3,581,200
Median list price per sq ft	$1,270/sq ft	$1,389/sq ft
Average days on market	180 days	142 days
Sold in the last 90 days	6	12
Median sold price (90 days)	$3,160,000	$2,250,000
Sale price as % of list price	99.6%	97.4%
Months of inventory	2 months	8 months
Median sold price vs. a year ago	+21.5%	+96.1%

Source: BeachesMLS. Active listings as of November 7, 2026; sold figures cover closings in the last 90 days, compared with the same 90 days one year earlier. Not an appraisal. How these figures are calculated.

Own a Coconut Grove Home?

Your Coconut Grove buyer may already be looking. BreakThru Realty works with hundreds of prequalified buyers searching for properties. Find out what your home is worth and whether it fits what one of them has asked us to find, before you list anywhere.

A value range built from comparable Coconut Grove sales, with the reasoning
Whether a buyer already working with BreakThru Realty is looking for a property like yours
The plan that reaches the rest of the market if no buyer on file fits
An estimate of your selling costs and what you would keep after closing

Find Out If We Have Your Buyer · Explore My Selling Options

Living in Coconut Grove

Coconut Grove is one of the oldest settlements in South Florida: pioneers were building homes on this stretch of Biscayne Bay in the 1880s, it incorporated as a town in 1919, and the City of Miami annexed it in 1925. It is still part of the City of Miami, so the city's taxes, zoning and permits apply, but listings here carry Coconut Grove as their city and the ZIP code 33133. The village center around CocoWalk, Grand Avenue, Main Highway and Commodore Plaza holds the shops and restaurants, with Peacock Park on the bay, and Miami City Hall sits at Dinner Key in the former Pan American Airways seaplane terminal. The Barnacle Historic State Park preserves Ralph Munroe's 1891 house, Vizcaya Museum and Gardens stands at the north end of the Grove, and The Kampong botanical garden is on Douglas Road. The Coconut Grove and Douglas Road Metrorail stations on US 1 run to Brickell, downtown and Dadeland, and Coral Gables begins at the Grove's western edge.

Biscayne Bay, Sailing and Grove Isle

Coconut Grove is Miami's sailing neighborhood. Dinner Key, beside City Hall, holds the City of Miami's Dinner Key Marina and its mooring field, the Coconut Grove Sailing Club and Regatta Park, and South Bayshore Drive passes the Coral Reef Yacht Club and the Biscayne Bay Yacht Club. For most buyers, waterfront in the Grove means a condo looking over Sailboat Bay rather than a private dock: many towers on South Bayshore Drive look across the road, the bayfront parks and the marinas to the water. Private dockage comes with Grove Isle Marina, with small buildings such as Beacon Harbour and with a few bayfront houses. Before you buy for the boat, we confirm whether a slip is deeded, leased or not included, the lift capacity, the maximum boat length, the marina fees and the depth, because much of Biscayne Bay near the shore is shallow outside the marked channels.

Condos, Towers and New Construction

Most homes for sale in Coconut Grove are condominiums, and the choice between them is as much about age as location. South Bayshore Drive holds older bay-view buildings such as Yacht Harbour from 1975 and The Coconut Grove Bayshore from 1982, alongside Grovenor House from 2005, the Park Grove towers completed between 2018 and 2020, and the Bayshore and Tigertail towers of Mr. C Residences, finished in 2024. The Ritz-Carlton Residences on SW 27th Avenue date from the early 2000s. In the village, low-rise buildings such as Arbor on Oak Avenue offer boutique residences, and The Well on Tigertail Avenue is a pre-construction building planned around a wellness club. On the house side, builders are replacing older homes with new townhomes and single-family houses. A pre-construction contract sets the deposit schedule, the completion date and the finishes, while an older building's milestone inspection, structural integrity reserve study, reserves and any special assessment decide the real cost of owning, so we read both before you offer.

Neighborhoods

Coconut Grove is small enough that buyers choose a street or a building more than a district, and listings rarely name the Grove's districts. The village center, around CocoWalk, Grand Avenue, Main Highway and Commodore Plaza, mixes older garden condominiums such as the Courtyards of the Grove on Mary Street with new townhomes on streets such as Coconut Avenue. The North Grove has houses under old tree canopy on streets such as Micanopy Avenue, Halissee Street and Emathla Street. South Bayshore Drive is the condominium corridor along the bay. South of the village, Main Highway leads past the Grove's private schools to larger lots and bayfront estates toward the Coral Gables line, and the West Grove, around Grand Avenue and Douglas Road, mixes early wood-frame cottages with new townhomes and houses. Grove Isle, the gated island in the bay, has its own page, and the price, waterfront, condo and new-construction pages below cut the rest of the Grove the way buyers search it.

Selling a Home in Coconut Grove

Your Coconut Grove buyer may already be looking. BreakThru Realty works with hundreds of prequalified buyers searching for properties. Each one tells us the areas, the price range, the property type and the features they want, and we keep that on file. Before you list, a broker checks your home against those requests and prices it from recent MLS sales near it, and if no buyer on file fits, the plan reaches the rest of the market. A Coconut Grove home is priced by its building or its lot. For a condo, the building's age and reserves, the floor, the view of the bay or the canopy, parking, a boat slip and the association fees separate two units with the same floor plan. For a house, the lot size, the elevation and flood zone, the trees on the lot and what the City of Miami's zoning and tree rules allow, and whether the house is original, renovated or new construction decide the price. Some Grove homes are listed with Miami rather than Coconut Grove as their city, so we pull comparable sales under both names, and your buyers are also touring Coral Gables, Brickell and South Miami. Start with a free valuation built on recent MLS sales, ask for a full comparative market analysis, or request a guaranteed cash offer if you need a fast, as-is sale.

Investing in Coconut Grove

Investors in Coconut Grove usually buy one of three things: a condo to lease to tenants who work in Brickell, downtown and Coral Gables, a pre-construction residence to hold, or an older house to renovate or replace. Each has its own checks. A condo lease depends on the association's approval process, minimum lease term and limits on how often a unit can be leased, and short stays also depend on the City of Miami's rules, which differ by zoning. A pre-construction purchase depends on the contract's deposit schedule and whether it allows assignment. A rebuild depends on Miami 21 zoning, tree removal permits, any historic designation, the flood zone and the FEMA substantial-improvement rule, which requires an older home below flood elevation to be brought up to current standards once the work passes half its value. The rental pages show live Coconut Grove rents, and the price-reduced page tracks sellers who have cut the price.

Cities Near Coconut Grove

Search Coconut Grove by Lifestyle & Property Type

Waterfront

Coconut Grove Waterfront Homes for Sale

Condos

Homes

Communities

Coconut Grove Homes in Gated Communities

Coconut Grove Neighborhoods

Grove Isle homes for sale

Coconut Grove Real Estate by Price Range

Coconut Grove homes for sale from $390K to $400K

Coconut Grove homes for sale from $400K to $500K

Coconut Grove homes for sale from $500K to $600K

Coconut Grove homes for sale from $600K to $700K

Coconut Grove homes for sale from $700K to $800K

Coconut Grove homes for sale from $800K to $900K

Coconut Grove homes for sale from $900K to $1M

Coconut Grove homes for sale from $1M to $5M

Coconut Grove homes for sale from $5M to $10M

Coconut Grove homes for sale from $10M to $15M

Coconut Grove homes for sale from $15M to $20M

Coconut Grove homes for sale from $20M to $25M

Coconut Grove homes for sale from $25M to $30M

Coconut Grove homes for sale from $30M to $35M

Coconut Grove homes for sale from $35M to $40M

Coconut Grove homes for sale from $40M to $45M

Coconut Grove homes for sale from $45M to $50M

Coconut Grove homes for sale from $50M to $55M

Coconut Grove homes for sale from $55M to $60M

Coconut Grove homes for sale from $60M to $65M

Coconut Grove homes for sale from $65M to $70M

Coconut Grove homes for sale from $70M to $75M

Coconut Grove homes for sale from $75M to $80M

Coconut Grove homes for sale from $80M to $85M

Coconut Grove homes for sale from $85M to $90M

Coconut Grove homes for sale from $90M to $95M

Coconut Grove homes for sale from $95M to $100M

Coconut Grove homes for sale $100M and up

Coconut Grove Homes for Sale Between $20,000,000 and $30,000,000

Coconut Grove Condo Buildings and Communities

Coconut Grove Homes by ZIP Code

33133 homes for sale

Coconut Grove Luxury Homes With Price Reductions

Every home and condo in Coconut Grove from $3 million whose asking price is below its original list price, with the previous price, the cut and the date it changed, and price drop alerts for Coconut Grove.

Penthouses for Sale in Coconut Grove

The condominiums for sale in Coconut Grove that the MLS lists under a penthouse unit number, by building and price range, with the asking price, the price per square foot and the facts, and penthouse alerts for Coconut Grove.

Selling in Coconut Grove

Recent Sales by Neighborhood

Grove Isle recent sales & home values

Buying in Coconut Grove From Outside Florida

Coconut Grove Rentals

Coconut Grove Real Estate FAQ

How much does a home cost in Coconut Grove?: Coconut Grove sits near the top of the Miami market, but the range is wide. Condos in older garden and bay-view buildings are the most attainable way in, newer towers along South Bayshore Drive and village townhomes sit in the middle, and Grove Isle penthouses, new construction and houses on large North and South Grove lots carry the highest prices. The market table on this page shows the current median list and sold prices for single-family homes and condos, updated daily from the MLS.
Is Coconut Grove its own city?: No. Coconut Grove was a town of its own from 1919 until 1925, when the City of Miami annexed it, and it is still a neighborhood of the City of Miami, so the city's taxes, Miami 21 zoning, permits and services apply. Listings here still carry Coconut Grove as their city, which is how this page finds them, but some Grove homes are listed under Miami instead, so we check both names when we pull sales.
Can I keep a boat in Coconut Grove?: Yes, and sailing is part of life in the Grove. The City of Miami's Dinner Key Marina has wet slips and a mooring field, Grove Isle Marina serves the island, and a few buildings such as Beacon Harbour have their own docks. The Coconut Grove Sailing Club, the Coral Reef Yacht Club and the Biscayne Bay Yacht Club are all on the bay here. Whether a slip is deeded, leased or not included varies home by home, so we confirm it, the maximum boat length and the water depth.
What should I know before buying a condo in Coconut Grove?: Read the documents as closely as the listing. For an older building, the milestone inspection, the structural integrity reserve study, the reserves and any special assessment matter. For a new or pre-construction residence, the deposit schedule, the completion date, the finishes and whether you may assign or lease the unit matter. In both, the association sets the rules on approval, pets, parking and leasing, and some buildings charge a separate marina or club fee.
Which schools serve Coconut Grove?: Miami-Dade County Public Schools assigns students by address, and Coconut Grove Elementary is among the public schools in the neighborhood; boundaries change, so we confirm the zoned schools for the exact home. The Grove is also home to private schools, including Ransom Everglades School and Carrollton School of the Sacred Heart on Main Highway, and the University of Miami's main campus is in neighboring Coral Gables.
What is my Coconut Grove home worth?: Request a free valuation and we build it from recent closed sales that match your home: for a condo, the building, floor, view, parking and any boat slip; for a house, the lot, elevation, trees, condition and whether it is new construction, rather than a neighborhood-wide median. For a listing decision we prepare a full comparative market analysis, and homeowners who need a fast sale can request a guaranteed cash offer.
Do you already have buyers looking for homes in Coconut Grove?: BreakThru Realty works with hundreds of prequalified buyers searching for properties. We keep each buyer's requirements on file: the neighborhoods, the price range, the property type and the features they are waiting for. Whether one of them fits your home is something a licensed broker checks for your property specifically, before the call. Your home may be the one a buyer is waiting to find; we confirm it before we call it a match, and a potential match is a conversation, not an offer.