Coconut Grove Real Estate Homes, Neighborhoods, Market Insights
Coconut Grove is Miami's oldest continuously inhabited neighborhood — a leafy, bayfront community with a distinct village feel, historic estates, and a tight-knit sailing and boating culture.
About Coconut Grove
Coconut Grove is Miami's oldest continuously inhabited neighborhood — a leafy, bayfront community with a distinct village feel, historic estates, and a tight-knit sailing and boating culture. Real estate ranges from waterfront estates on N. Bayshore to modern townhomes and boutique condos near CocoWalk.
What Defines Coconut Grove
Vibe: Leafy, bohemian-meets-luxury, bayfront.
Coconut Grove Real Estate Market
Coconut Grove sits within Miami-Dade County, one of South Florida's most active real estate markets. Coconut Grove is a luxury market, with single-family pricing among the higher tiers in the county. Inventory tends to be tight, and well-priced properties move quickly. Buyers should be prepared to act decisively, while sellers benefit from professional pricing strategy and high-end marketing. For a broader view of how Coconut Grove compares to other Miami-Dade County cities, visit our Miami-Dade County overview or complete cities list.
Working with Divito Real Estate Group in Coconut Grove
Whether you're buying your first home in Coconut Grove, selling a long-time residence, or looking for an investment property, our team brings local knowledge of every neighborhood, school zone, and submarket. Explore buyer services, view our seller strategy, or get a free home value estimate for your Coconut Grove property.
Coconut Grove Neighborhoods Guide
Coconut Grove is composed of 4 primary neighborhoods and subdivisions. Here's a quick guide to each — local character, price tier, and what makes them distinct.
North Grove
Bayfront estates along N. Bayshore Drive with private docks and large lots.
South Grove
Quieter residential neighborhoods with mid-century and historic single-family homes.
Center Grove
Walkable village core around CocoWalk with mixed-use condos and townhomes.
West Grove
Historic Bahamian community west of US-1 with character cottages and growing infill.
Coconut Grove Schools
Schools serving Coconut Grove families. Florida Department of Education grades shown reflect the 2023-24 academic year — school zoning can change, so we recommend verifying the assigned school for any specific property before making an offer.
Explore Nearby Cities in Miami-Dade County
Coconut Grove is one of 18 cities we cover in Miami-Dade County. Here are some nearby markets worth exploring:
Frequently Asked Questions
Quick answers to the most common questions we get from buyers, sellers, and investors.
What is the median home price in Coconut Grove?
As of recent 2024 estimates, the median single-family home price in Coconut Grove is approximately $1,750,000, with an average price per square foot around $735/sqft. Luxury and waterfront properties command premium pricing well above this median; entry-level inventory still exists west of major coastal corridors. For current MLS-based pricing in a specific Coconut Grove neighborhood, contact Divito Real Estate Group for a free, no-obligation market analysis.
What are the top-rated public schools serving Coconut Grove?
Top schools serving Coconut Grove include Coconut Grove Elementary (Florida DOE grade A, Public K-5); Carrollton School of the Sacred Heart (Private all-girls PK-12); Ransom Everglades School (Private 6-12). (Florida Department of Education school grades reflect the 2023-24 academic year.) School zones can change; we recommend verifying the assigned school for any specific Coconut Grove property before you make an offer.
How long is the average commute from Coconut Grove to Downtown Miami / Brickell?
Average drive time from Coconut Grove to Downtown Miami / Brickell runs approximately 10-40 minutes depending on neighborhood and time of day. South Florida traffic varies significantly by time of day and route. Brightline rail also provides commuter service between major coastal cities for buyers who prefer to skip I-95 traffic.
What are the property tax rates and HOA trends in Coconut Grove?
Florida property tax averages approximately 1.0% of assessed value statewide. Combined Miami-Dade County millage rates (county + city + school district + special districts) are typical of South Florida. Homestead Exemption can reduce taxable value by up to $50,000 for primary residences. Many luxury and gated communities carry HOA fees ranging from $300 to $1,500+ monthly depending on amenity level. For specific tax estimates on a Coconut Grove property, contact our team — we'll pull the actual assessed value and current millage rate.
What are the most popular neighborhoods or subdivisions in Coconut Grove?
Popular Coconut Grove neighborhoods include North Grove, South Grove, Center Grove, and West Grove. Each has a distinct character, price tier, and amenity profile — see the Neighborhoods section above for details on each, or contact our team for help matching your priorities to the right Coconut Grove neighborhood.
Considering a Move in Coconut Grove?
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