Miami’s oldest neighborhood, Coconut Grove, is characterized by its tropical atmosphere in perfect harmony with Spanish- and Mediterranean-style abodes. It has a total area of 5.607 square miles and a population of around 20,076.
The community takes pride in its greenery, wildlife preserves, downtown strip, bayfront, well-preserved structures, and ivy-coated brick walls that contribute to Coconut Grove’s charm.
Coconut Grove in Miami-Dade County is bound by North Prospect Drive to the south, LeJeune Road to the west, South Dixie Highway (US1) and Rickenbacker Causeway to the north, and Biscayne Bay to the east. It is near Brickell and Coral Gables. Miami International Airport is just 15 minutes away.
Real Estate Community in Coconut Grove
Average Land Area/House Square Feet
The average lot size of single-family homes in Coconut Grove is 9,000-11,000 square feet. Only 15% of homes in the area have 20,000 or more square feet of land size.
Common Property Types or House Styles
There are many residential property types in Coconut Grove. There are bungalows, old construction homes, contemporary houses, large estates, condos, and duplexes. The mansions and larger homes are located in secluded areas or gated communities while condos and duplexes are mostly situated in the downtown area. New high-rise properties are near the bay.
Average Market Pricing
Median market price of Coconut Grove homes for sale is $1.09 million. Average price per square feet is $524.
Common Design, Construction, or Architectural Types
A Coconut Grove real estate typically features a classical South Florida style. This can be described as flat roofs for airflow and shade. Old Spanish and Mediterrenean architecture as well as modern styles are the most prominent among residential constructions in the area.
NBA star LeBron James is just one of the many prominent personalities living in Coconut Grove. His opulent estate sits at the tip of Crystal View Court, along the water and across Grove Isle. Lebron James’ home features six bedrooms, eight bathrooms, chef’s kitchen, custom theater, guest home, and infinity edge pool. Other amenities include a summer kitchen, covered terraces, and its own dock.
Madonna also used to own a Mediterranean-style villa in Coconut Grove. Other big names who formerly lived or are still living in Coconut Grove are Sylvester Stallone, Frank Gore, and Christian Slater.
Living in Coconut Grove
General Cost of Living
The cost of living in Coconut Grove is around 44% higher than the average cost of living in Miami and 43% higher than the national average. Housing is the main driver of Coconut Grove’s score in the cost of living index, with transportation, health care, and groceries coming in next.
Summers in Coconut Grove are long, hot, and wet while winters are short, comfortable, and mostly clear. Temperatures range from 62°F to 90°F, and it is rarely below 50°F or above 92°F.
Must-try restaurants are located in CocoWalk and Regatta Harbour. The best dining experiences are offered at Mister O1 Extraordinary Pizza, Los Generales Mezcal & Grill, Tigertail + Mary, Bellini, Bombay Darbar, Strada, and Sapore di Mare.
There are public and private schools serving Coconut Grove. Miami-Dade County Public Schools operates Coconut Grove Elementary School, Dade County Training School, Frances S. Tucker Elementary School, and George W. Carver Elementary School.
High schools Bridgeprep Academy of Arts and Minds and George Washington Carver Senior High School serve the community.
Private schools include Ransom Everglades School, St. Hugh Catholic School, Immaculata-Lasalle High School, St. Stephen’s Episcopal Day School, Carrollton School of the Sacred Heart, Coconut Grove Montessori School, and Vanguard School.
Coconut Grove is a walkable neighborhood so it’s not uncommon to see walking and cycling as a mode of transportation.
Parks, Recreational Activities, and Attractions
Vizcaya Museum & Gardens is a 20th century subtropical-style Italian villa sitting on 10 acres of gardens with century-old plants. Meanwhile, Kampong is an exclusive 9-acre botanical garden worthy of a visit too.
Marinas in and around Coconut Grove include Dinner Key, Grove Key, Grove Isle and Prime. There are also two yacht clubs, Biscayne Bay and Coral Reef.
There are many green spaces and parks in Coconut Grove. Peacock Park is a 9.4-acre park with basketball courts, a softball field, soccer fields, and a playground. Barnacle Historic State Park features a 19th-century home and replicas of two Victorian sailboats.
Coconut Grove Arts Festival, one of the largest outdoor arts festivals nationwide, features over 300 artists showcasing paintings and sculptures and attracts up to 120,000 visitors. Regattas, such as Miami Sailing Week, also happen year-round. Miami Sailing Week happens every March.