How much do price reduced homes cost in Coconut Grove?

The 9 price reduced homes for sale in Coconut Grove on this page ask from $1,050,000 to $9,500,000, a median of $4,250,000 or about $1,299 per square foot, from BeachesMLS listings as of November 8, 2026. 4 are under $4,000,000, 2 are between $4,000,000 and $5,500,000 and 3 are at $5,500,000 and up. Asking prices are not sale prices: the Coconut Grove housing market report shows what homes closed for.

How many price reduced homes are for sale in Coconut Grove right now?

9 price reduced homes are listed for sale in Coconut Grove as of November 8, 2026, and the typical one has been on the market 159 days; 9 of them have cut the asking price since listing. The list refreshes from the MLS through the day, and the alert on this page sends each new one the day it lists.

Which Coconut Grove communities have price reduced homes for sale?

Palm Terrace (2, median $2,700,000) and Vita Grove Isle (2, median $7,550,000) hold the most price reduced homes for sale in Coconut Grove today. The rest are spread across 5 more communities.

What are the association fees on price reduced homes in Coconut Grove?

The median association fee on the condos in this search is $4,438 a month, from $4,213 to $6,280, as the listings state them as of November 8, 2026. The fee depends on what the association covers, from insurance and reserves to staff and amenities; we read the budget, the reserve study and any assessment before you offer.

How new are the price reduced homes for sale in Coconut Grove?

6 of the 9 listings were built in the last five years; the rest date from 1924 to 2026, as of November 8, 2026. A new home's permits, warranty and the builder's contract terms are what we read before you reserve or offer.

Are these Coconut Grove price reduced homes houses or condos?

4 of the 9 are single family houses and 3 are condos; the other 2 are townhomes, villas or multifamily, as of November 8, 2026. A house in Coconut Grove is priced from the closed sales on its streets; a condo from its building's closings and its association's documents.

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A price cut in Coconut Grove reads differently depending on the building and the street. In a newer tower on South Bayshore Drive or on Grove Isle, a reduction often reflects competition from resale and new residences in the same building, so the fair comparison is another unit in that building on a similar floor. In an older bay-view building, look behind the cut for a special assessment, a pending milestone repair or a thin reserve fund. For a house, a reduction can mean the price was set for the lot rather than the house, or the reverse. Compare against closed sales filed under both Coconut Grove and Miami, since the Grove appears under both city names, and ask how long the home has been listed before you choose an offer.

9 listings, newest first.

The 9 listings on this page run from $1,050,000 to $9,500,000, with a median of $4,250,000, about $1,299 per square foot, and they have been listed a median of 159 days.

The communities with the most listings here are Palm Terrace (2) and Vita Grove Isle (2), 4 of the 9; the others are spread across 5 more communities. By type: 4 single-family homes, 3 condos and 2 townhomes and villas. Bedrooms run from 2 to 6, a median of 4; they were built between 1924 and 2026, a median of 2022, and 6 in the last ten years. 3 of the 9 have a pool, and 2 are on the water.

Ask About These Coconut Grove Price Reduced Homes

Tell us which of these homes you want to see, or what you are looking for that is not here, and a Coconut Grove agent replies with the homes that fit, the questions to ask about each and a time to see them. Call or text (786) 914-1017 or send the form on this page.

Coconut Grove Price Reduced Homes: What Is on the Market

What the 9 price reduced homes for sale in Coconut Grove tell you about this market, counted from the listings on this page as of November 8, 2026. Every figure moves with the inventory. Ask about any of these homes or request a showing from this page.

Listings on this page	9
Asking prices	$1,050,000 to $9,500,000
Median asking price	$4,250,000
Median price per square foot	$1,299/sq ft
Median living area	3,043 sq ft
Bedrooms	2 to 6, median 4
Year built	1924 to 2026, median 2022
Median association fee (condos)	$4,438/mo
Median days on market	159 days
Listings with a price cut	9 of 9
With a pool	3 of 9
On the water	2 of 9
With ocean access	1 of 9
Garage spaces	1 to 2

Communities With the Most Listings

Community	Listings	Median asking price
Palm Terrace	2	$2,700,000
Vita Grove Isle	2	$7,550,000

By Asking Price

Under $4,000,000: 4 listings
$4,000,000 to $5,500,000: 2 listings
$5,500,000 and up: 3 listings

Counted from the listings on this page, BeachesMLS, as of November 8, 2026. Asking prices, not sale prices. Not an appraisal.

Coconut Grove Price Reduced Homes: Questions Buyers Ask

How much do price reduced homes cost in Coconut Grove?: The 9 price reduced homes for sale in Coconut Grove on this page ask from $1,050,000 to $9,500,000, a median of $4,250,000 or about $1,299 per square foot, from BeachesMLS listings as of November 8, 2026. 4 are under $4,000,000, 2 are between $4,000,000 and $5,500,000 and 3 are at $5,500,000 and up. Asking prices are not sale prices: the Coconut Grove housing market report shows what homes closed for.
How many price reduced homes are for sale in Coconut Grove right now?: 9 price reduced homes are listed for sale in Coconut Grove as of November 8, 2026, and the typical one has been on the market 159 days; 9 of them have cut the asking price since listing. The list refreshes from the MLS through the day, and the alert on this page sends each new one the day it lists.
Which Coconut Grove communities have price reduced homes for sale?: Palm Terrace (2, median $2,700,000) and Vita Grove Isle (2, median $7,550,000) hold the most price reduced homes for sale in Coconut Grove today. The rest are spread across 5 more communities.
What are the association fees on price reduced homes in Coconut Grove?: The median association fee on the condos in this search is $4,438 a month, from $4,213 to $6,280, as the listings state them as of November 8, 2026. The fee depends on what the association covers, from insurance and reserves to staff and amenities; we read the budget, the reserve study and any assessment before you offer.
How new are the price reduced homes for sale in Coconut Grove?: 6 of the 9 listings were built in the last five years; the rest date from 1924 to 2026, as of November 8, 2026. A new home's permits, warranty and the builder's contract terms are what we read before you reserve or offer.
Are these Coconut Grove price reduced homes houses or condos?: 4 of the 9 are single family houses and 3 are condos; the other 2 are townhomes, villas or multifamily, as of November 8, 2026. A house in Coconut Grove is priced from the closed sales on its streets; a condo from its building's closings and its association's documents.

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