Zack Zonker
Map of Coconut Grove, Florida

Homes for sale in

Coconut Grove, Florida

Bayfront living under the banyans in Miami's oldest neighborhood

44

Homes for sale

$3,581,200

Median list price

$1,763

Avg price / sqft

87

Median days on market

Coconut Grove is Miami's original village — a leafy, walkable pocket of Biscayne Bay where sailboats, sidewalk cafés, and canopy streets set the pace. The character here leans toward the waterfront homes and low-rise luxury towers rather than the high-rise density of downtown Miami-Dade County, and buyers come for the mix of village charm and bayfront access.

This is a high-end market, and the numbers show it: 44 active listings carry a median list price of $3.58 million, and 43 of them are priced above $1 million. Inventory skews toward new towers — 26 of the active listings are new construction — with much of the rest in townhomes & condos. With a median 86.5 days on market and sellers netting about 93% of asking, there's room to negotiate if you know where to look.

Coconut Grove is in Miami-Dade County, Florida.

30-minute drive area around Coconut Grove

Within a 30-minute drive

Quick facts

$640,000$24M price range

2,362 sqft median home

$7,950/mo median rent

Balanced right now

Fresh on the market

Newest homes in Coconut Grove

View all 44 homes →

44 of 44 active listings shown

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Find your fit

Most popular Coconut Grove searches

The numbers that matter

The Coconut Grove market

Balanced

6.6 months of inventory

Seller’s marketBuyer’s market

Supply and demand are roughly even — negotiation cuts both ways.

86

Sold, last 12 months

$1,937,500

Median sold price

93%

Sale-to-list ratio

What sellers actually get vs asking

67 days

Median time to sell

Coconut Grove vs Miami-Dade County

Median list price

Coconut Grove$3.6M
Miami-Dade Co.$580K

Price per sqft

Coconut Grove$1763
Miami-Dade Co.$663

Days on market

Coconut Grove87d
Miami-Dade Co.69d

Live Stellar MLS data — listings and closed sales in Coconut Grove, FL. Rolling medians smooth single-month swings in thin markets.

For the school run

School zones with homes for sale

Assigned schools as reported on active MLS listings — always verify zoning with the district.

Beyond the listings

Living in Coconut Grove

01

Bayfront at the core

21 of the 44 active listings are waterfront, reflecting the Grove's identity along Biscayne Bay.

02

A new-construction wave

26 active listings are new construction, including projects like Vita At Grove Isle and Mr. C Residences.

03

Condo-driven market

With 35 condominiums among the active listings, this is a market defined by low-rise and boutique towers more than single-family lots.

04

Premium price per square foot

Homes trade at an average of $1,763 per square foot, among the highest in Miami-Dade.

05

A wide price ladder

Active listings run from $640,000 to $23.5 million, so the entry point varies enormously by building and location.

What it really costs

Owning here

Owning the median Coconut Grove home

$20,548/mo

Principal & interest $18,869
Property tax $1,469
Insurance (est.) $210

$3,581,200 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.

0%

In a FEMA flood zone

Most homes here sit outside high-risk zones

$7,950/mo

Median rent

15 homes for rent right now

Straight answers

Coconut Grove real estate FAQs

Is Coconut Grove a good place to live?+

It's one of Miami's most established and walkable neighborhoods, known for its bay access, tree canopy, and village feel. Assigned schools include Coconut Grove, Ponce De Leon, and Coral Gables. The mix of waterfront homes and boutique towers gives it a distinct low-rise character compared to the rest of the city.

Is Coconut Grove expensive?+

Yes — it's one of Miami-Dade's priciest markets, with a median list price of $3.58 million and 43 of 44 active listings above $1 million. Homes average $1,763 per square foot on a median size of 2,362 square feet. If you're browsing the luxury homes ($1m+), expect that to be the norm here rather than the exception.

What do homes cost in Coconut Grove?+

Active listings range from $640,000 to $23.5 million, with a median list price of $3.58 million. Over the last 12 months, 86 homes sold at a median price of $1,937,500. The gap between list and sold reflects a market where just reduced listings are worth watching.

How is the Coconut Grove market right now?+

There are 44 active listings and homes take a median of 86.5 days to sell, so it's not a fast-moving market. Sellers are getting about 93% of asking on average, which leaves negotiating room for prepared buyers. With 26 new construction listings, much of the current supply is in newer towers.

What about HOA fees and property taxes?+

Median property taxes run about $17,630 per year, in line with the neighborhood's high price points. HOA data isn't available in the current listings, but fees are common given how condo-heavy the market is — 35 of 44 listings are condominiums. Renters should note the median rent sits around $7,950 per month; you can see current homes for rent for options.

Keep exploring

Nearby areas

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS. Market statistics are computed from listing and sold data and change as the market moves.

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