Historic Charm & Modern Living in Miami’s Oldest Neighborhood

Nestled along Biscayne Bay, Coconut Grove is Miami’s oldest and one of the most sought-after neighborhoods, offering a unique blend of nature, luxury, and urban convenience. Known for its lush landscapes, waterfront parks, and artistic community, the Grove provides an exceptional lifestyle that attracts high-net-worth individuals, families, and investors alike.

Beyond its tropical charm, Coconut Grove boasts a thriving commercial district, featuring high-end boutique shopping, art galleries, and diverse restaurants serving both local and international cuisine. The neighborhood’s pedestrian-friendly streets, lined with lush greenery, create an atmosphere unlike any other in Miami.

Additionally, Coconut Grove is home to prestigious private schools such as Ransom Everglades, Carrollton School of the Sacred Heart, and St. Stephen’s Episcopal Day School, making it a top choice for families. With an eclectic mix of properties, from expansive Mediterranean townhomes on the water, to ultra-sleek new construction, historic bungalows and everything in-between, Coconut Grove is home to a property type for just about any discerning buyer.

Coconut Grove - Miami Real Estate Market Trends & Prices

For sale

Number of properties For sale: 248
Price range: $305,000 - $110,000,000
Average $/SQ.FT (Asking Price): $1,540/SqFt
Average $/SQ.FT (Closed): $1,070/SqFt
Median Price: $2,985,000
Average Days on the Market: 122 Days
Transactions over the last 6 months: 247
Transactions over the last 12 months: 420

For rent

Number of properties For rent: 153
Price range: $1,800 - $60,000
Average $/SQ.FT (Asking Price): $6/SqFt
Average $/SQ.FT (Closed): $5/SqFt
Median Price: $9,500
Average Days on the Market: 71 Days
Transactions over the last 6 months: 274
Transactions over the last 12 months: 610

why invest in a coconut grove home?

Welcome to Coconut Grove—Miami’s most charming and eclectic waterfront community, where lush tropical landscapes meet a vibrant cultural scene and luxurious coastal living. Known for its bohemian roots, artistic energy, and walkable streets, Coconut Grove blends its historic charm with modern sophistication, making it one of Miami’s most coveted neighborhoods.

A Rich Blend of History & Contemporary Elegance

Dating back to the mid-late 1800's, Coconut Grove is Miami’s oldest neighborhood, and its rich history is still felt in the tree-lined streets, historic landmarks, and iconic bayfront parks. Dubbed Miami's first "Millionaire's Row," the Grove has continued to evolve into a hub of modern luxury homes, upscale condos, and boutique shopping, all while preserving its laid-back charm.

Architectural Diversity – From historic Old Florida homes and Mediterranean-style villas to ultra-modern glass residences
Lush Tropical Landscaping – Coconut Grove is known for its tree canopies, banyan trees, and palm-lined streets.
Luxury Waterfront Estates & High-Rise Condos – Panoramic views of Biscayne Bay from exclusive high rises like Grove at Grand Bay and Park Grove or private gated enclaves like The Moorings or Cloisters on the Bay

A Walkable, Village-Like Atmosphere

Coconut Grove is one of Miami’s most pedestrian-friendly neighborhoods, where locals enjoy strolling through tree-canopied streets, waterfront parks, and bustling markets.

CocoWalk – A mixed-use destination with boutique shopping, rooftop dining, and entertainment.
Eclectic Dining Scene – From casual waterfront dining at Monty’s and The Peacock Garden to farm-to-table favorites like Greenstreet Café and Michelin Star dining like Ariete
Vibrant Arts & Culture – Home to the Coconut Grove Arts Festival, independent galleries, and live music venues

Waterfront Living & Outdoor Lifestyle

Nestled along Biscayne Bay, Coconut Grove offers unparalleled opportunities for outdoor enthusiasts and boaters.

Full-Service Marinas – Access the water at Dinner Key Marina and Coconut Grove Sailing Club and more
Waterfront Parks & Trails – Explore Kennedy Park, The Kampong Botanical Gardens, historic Villa Vizcaya or take a bike ride along the bayfront.
Boating, Sailing & Paddleboarding – The Grove is a boater’s paradise, with quick access to Biscayne Bay and the Atlantic Ocean

Family-Friendly Community with Top-Rated Schools

Coconut Grove has long been favored by families for its community feel and highly ranked educational options.

Top Private & Public Schools – Including Ransom Everglades, Carrollton School of the Sacred Heart, Coconut Grove Elementary, and St. Stephen’s Episcopal Day School.
Pet-Friendly Parks & Events – Kennedy Park and Blanche Park offer off-leash areas, dog parks and weekend markets
Year-Round Community Events – Family festivals, farmers' markets, and cultural celebrations bring the community together and celebrate the Grove's rich history

Prime Miami Location with Easy Accessibility

While Coconut Grove offers a serene, village-like setting, it’s perfectly located for convenient access to Miami’s urban centers.

10 Minutes to Downtown Miami & Brickell
15 Minutes to Miami International Airport
Close to Coral Gables & Key Biscayne
Quick Access to US-1 and Major Highways

Explore Available Listings

Start your journey to find your dream home in Coconut Grove. Our curated listings showcase the finest properties this esteemed community has to offer. Whether you're seeking an ultra-luxury contemporary home, a historic estate, or luxury new construction, we have options to suit your discerning taste.

connect with globalty investment

Navigating the luxury real estate market requires expertise and insight. At Globalty Investment, we specialize in connecting clients with premier properties in Coconut Grove and beyond.