Coconut Grove is not just about rich foliage, Florida bungalows and old Spanish or Mediterranean homes. It’s also home to a growing number of thoughtfully designed luxury condo residences. For a taste of this historic neighborhood and its plush properties, we’ve enlisted the 5 Most Expensive Condo Buildings in Coconut Grove plus bonus pre-construction projects that set the bar high for phenomenal living in this lush, highly desirable bayfront part of Miami. (Last updated on Monday, December 20, 2021)

Why Choose Coconut Grove?

Coconut Grove Main Highway. Photo courtesy of MiamiAndBeaches.com

The partly coastal neighborhood of Coconut Grove is characterized by lush, tropical foliage and a relaxed Bohemian vibe. Its bouquet of rare boutiques, unique shops, colorful cafés, diverse restaurants, historical venues, and lush parks make it a breezy neighborhood to live in. Add to this mix an abundance of marinas, yacht clubs, plus easy access to water sports and you have the perfect tropical launchpad to lead a world-class, nautical lifestyle. Remarkably, this delightful neighborhood consistently ranks as one of the most affordable of all Miami neighborhoods on a price per square foot basis.

Coconut Grove’s core shopping and dining destination, CocoWalk, recently reopened after a two-year renovation. Re-energized with a healthy dose of nature, the open-air mall now features a fantastic courtyard, movie theater, breezy sidewalks, plus a trendy mix of shops, restaurants, and offices.

The Best of the Best Condos in Coconut Grove

5. Park Grove Club Residences – 2831 S Bayshore Dr, Coconut Grove

Average List Price: $1,384 per sq ft

This LEED-certified condo features breathtaking views of Regatta Park, its lush scenic surroundings, and bay waters beyond. Designed by internationally acclaimed OMA Rem Koolhaas, the stunning building rises 23 stories with 130 condo residences. Featuring interiors by William Sofield, each light-filled luxury residence is home to an airy open kitchen, luxury branded kitchen appliances, and expansive balconies. Amenities include five acres of lush landscaping by Enzo Enea, a sculpture garden, rooftop pool deck, signature spa, indoor-outdoor children’s play areas, adult gaming room, wine cellar and tasting room, outdoor amphitheater, aromatherapy spa, library, and much more.

4. Grove at Grand Bay – 2669 S. Bayshore Drive, Coconut Grove

Average List Price: $1,617 per sq ft

Grandeur takes a whole different meaning with 12-foot high ceilings, leading up to 12-foot high floor-to-ceiling windows that open up to 12-foot deep terraces at these luxury residences. Developed by the Terra Group, the Grove at Grand Bay features architecture by Nichols, Brosch, Wrust, Wolfe + Associates and designs by the award-winning Bjarke Ingels Group. The dancing twin towers of this condo complex rise 20 stories each. Residents of this waterfront enclave get access to rooftop pools, a children’s playground, pet spa, butler services, and two-car garages.

3. The Fairchild – 381 East Glencoe Street, Coconut Grove

Average List Price: $1,833 per sq ft

One of the most recent and most boutique, luxury waterfront developments in mainland Coconut Grove, this glasshouse rises five stories high to house 26 units. Envisioned by award-winning Max Strang Architects with interiors by SoHo-based Rafael de Cárdenas / Architecture at Large, this idyllic glass structure is developed by Miami’s own ROVR Development.

Inspired by the Fairchild gardens, the boutique building comes surrounded by lush gardens and a rainforest. Amenities include an outdoor cinema, lounge, wellness spa with Hammam, pool with cabanas, floating dock with paddleboards, and a private marina.

2. Two Park Grove – 2821 S. Bayshore Drive, Coconut Grove

Average List Price: $1,893 per sq ft

With only four residences per floor, this ultra-luxury building features 20 stories and 90 condos. Developed by Miami’s celebrated Related Group in collaboration with Terra Group, this outstanding structure features architecture by the highly acclaimed design firms of OMA Rem Koolhaas and Arquitectonica. Amenities include 500 feet of Bayfront pool deck with cabanas and towel service, outdoor bar, five acres of private gardens, a sculpture garden, wine tasting room with private wine lockers, signature spa with treatment rooms, indoor-outdoor yoga areas, 28-seat screening room, private dining and event space, lounge and bistro, indoor-outdoor children’s play area, nautical concierge and more.

And the Winner of the Best Condo in Coconut Grove in Terms of Luxury Goes To…

Arbor – 3034 Oak Avenue, Coconut Grove

Average List Price: $2,454 per sq ft

Next door to the newly renovated CocoWalk mall, Arbor is a vine-veiled low-rise designed by Behar Font & Partners. The boutique condo building rises only 5 stories with a total of 52 luxurious, oversized residences, including townhouses and penthouse units. Each stellar residence features wood plank/porcelain flooring, carefully selected materials, and custom finishes by Samuel Amoia. Amenities include a lushly landscaped courtyard, separate lap and splash pools, a rooftop terrace, outdoor cinema, pet walk, yoga deck, and more.

Premium Coconut Grove Pre-Constructions Condo Buildings

Vita Residences (previously Markers Grove Isle) – 4 Grove Isle Drive, Coconut Grove

One of the most highly anticipated projects for 2022, Vita Residences will be a resort-style, 5-story luxury condo building on the exclusive, 21-acre private island of Grove Isle. Designed by the world-renowned architecture firm of CallisonRTKL, this waterfront low-rise is set to house 65 artfully-crafted residences, becoming the final and most luxurious chapter in the history of this residential island.

Besides abundant views and 15-foot-deep balconies, residents can look forward to enjoying amenities such as customized smart home tech, tropical landscaping by EDSA, curated art lobbies, fully-attended bayfront pool with luxury cabanas, outdoor kids’ playground, Bayfront event room, signature residents’ lounge, watersports pavilion, “Virtual Links” featuring an HD golf simulator and bayfront putting greens, pet grooming services, plus access to one of Miami’s best tennis facilities at the Grove Isle Club.

For more info on the lifestyle, features, and penthouses at Vita Residences, go here.

Mr. C Residences & Tigertail Residences – 381 East Glencoe Street

Bringing the Cipriani brothers’ signature, internationally-renowned hospitality style to Coconut Grove, this snail-shaped luxury condo building will feature a maritime theme, inspired by nautical surroundings of Coconut Grove. Designed by Arquitectonica, with interiors by Meyer Davis Studio and landscaping by ArquitectonicaGEO, this 100-unit building will feature a contemporary take on glamorous European living with a family focus. 

Along with exceptional Peacock Park and Bay views, residents will get access to world-class amenities such as curated art pieces in the lobby, a signature cafe, a specialty gourmet market, wellness lounge and juice bar, whole-body fitness zones, signature spa, and a Bayshore Owners’ Club complete with pool, lavish sundeck, cabanas, garden-level lap pool, billiards room, teen game lounge, Little C’s learning lab, and much more. Owing to the successful reception of Mr. C Residences, developers have launched a second condo tower called Tigertail Residences in that will feature . 138 one to three bedroom residences with the same gorgeous finishes as our Bayshore tower, a rooftop pool deck and an array of amenities. Expected completion and delivery for the condominium residences is Q3 2023.

How Safe is Coconut Grove?

Coconut Grove is considered one of the safest neighborhoods of Miami, and not without reason. This lush tropical district not only ranks 2nd on the "Best Neighborhoods to Raise a Family in Miami 2021", but also ranks no. 2 on the “Most Diverse Neighborhoods in Miami” and no. 4 on the "Best Places to Raise a Family in Miami-Dade", according to niche.com. It further gets an "A" grade for its Outdoor Activities, “A+” on Health and Fitness, and “A” in terms of Nightlife. This is what makes this family-friendly village one of the most preferred residential areas of Miami.

Best Restaurants in Coconut Grove

The Spillover - Coconut Grove

Coconut Grove not only houses some of Miami’s top restaurants, but also some of South Florida’s finest eateries. The top places to eat in this vibrant neighborhood include:

• Ariete’s farmhouse-style setting plus experiments with American fare, weekend brunches, and happy hours make it a local favorite
• GreenStreet Café is the neighborhood go-to for a proper brunch soiree with outdoor and lounge-style seating
• Bombay Darbar is the best place for first-timers trying Indian cuisine
• Lulu in the Grove is a funky neighborhood joint famous for its tapas-style dishes, cocktails and sophisticated vibe
• Jaguar Latin American Kitchen is a hotspot for a wide variety of seafood, Latin and Peruvian eats
• Glass and Vine is set within the lush Peacock Park and boasts of contemporary American fare
• Le Bouchon Du Grove is a friendly, relaxing bistro serving French cuisine from Lyon with a splash of Miami
• Lokal is wildly popular among college kids for its hearty burger and beer menu
• Sapore Di Mare is best known for its Italian-style seafood
• Farinelli 1937 is where you’ll find the best wood-fired pizza in the Grove
• Kush by Spillover does seafood right, along with craft beer, meads, cocktails and other spirits
• Atchana’s Homegrown Thai delivers the best traditional Thai noodles and other such delicacies, also voted the “Best Thai Restaurant in Miami” by the Miami New Times

Shopping in Coconut Grove

Cocowalk Shopping Center. Photo courtesy of MiamiAndBeaches.com

The newly renovated CocoWalk anchors the main shopping and entertainment scene in Coconut Grove. Post its revival, it features an open-air plaza with café seating, mini-waterfall, movie theater, health club, trendy restaurants and 150,000 sq. ft. of retail space. Besides this iconic mall, Coconut Grove is also home to a unique mix of boutiques, jewelry stores, antique stores, swimwear shops, and avant-garde fashion stores nestled in quaint walkable streets reminiscent of a European village. Residents will find Walgreens on Bird Avenue, Milam’s Market for farm-fresh produce on SW 32nd Avenue, a Saturday Organic Market on Grand Avenue, The Fresh Market and a Starbucks along S. Bayshore Drive, and another Starbucks on Grand Avenue.

The Best Located Condo in Coconut Grove

Two Park Grove takes the crown for the best-located condo in Coconut Grove for a couple of reasons. For one, it is Bayfront - the closest to the water, Regatta Park, Grove Key Marina, and Coconut Grove Sailing Club (essentially facing the hub of all sailing action and activities in the neighborhood). Second, it features some great parks in the vicinity, including Peacock Park and The Barnacle Historic State Park. Third, it is a short walk from Fresh Market. And last, but not least, it lies in close proximity to seven private schools, which is a rarity for a lot of waterfront condo residences.

Looking for more luxury condos for sale in Coconut Grove, check out the link for more details on amenities and the kind of lifestyle you can expect.

Cover photo courtesy of MiamiAndBeaches.com