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.

Coconut Grove Real Estate & Homes for Sale

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 September 23, 2026 from BeachesMLS.

39homes & condos for sale
3new listings this week
11under contract
18waterfront listings
19luxury listings ($3,000,000+)
5sold in the last 30 days

	Single-family homes	Condos & townhomes
Active listings	4	35
Median list price	$5,050,000	$2,975,000
Median list price per sq ft	$909/sq ft	$1,452/sq ft
Average days on market	78 days	180 days
Sold in the last 90 days	6	10
Median sold price (90 days)	$2,380,000	$2,667,500
Sale price as % of list price	97.9%	94.7%
Months of inventory	2 months	10.5 months
Median sold price vs. a year ago	+3.5%	+70.4%

Source: BeachesMLS via the Spark API. Active listings as of September 23, 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.

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

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.

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 by ZIP Code

33133 homes for sale

Selling in Coconut Grove

Home Values by Neighborhood

Grove Isle home values

Recent Sales by Neighborhood

Grove Isle recent sales

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.