Coconut Grove is a sought-after neighborhood in Miami, renowned for its lush greenery, coastal charm, and laid-back atmosphere.
A sleek tower with breathtaking views, a pool, and luxury amenities
For those considering relocating or buying a property in Miami, comparing Coconut Grove with Coral Gables provides valuable insight into what each area offers. While both neighborhoods boast rich histories and desirable locations, they cater to different lifestyles and preferences.
The area stands out as Miami's oldest continuously inhabited neighborhood, blending historic charm with modern conveniences. Known for its tree-lined streets, vibrant cultural scene, and proximity to the water, it offers a distinctive living experience that sets it apart from other Miami neighborhoods.
The place has a long and rich history dating back to the 1800s. Originally a coconut plantation, the area became one of Miami’s first residential neighborhoods in the early 20th century. Over the decades, it has developed into a cultural and commercial hub, with a mix of historic homes, modern developments, and natural beauty that preserves its roots while embracing urban growth.
The vibe here is relaxed, artsy, and eclectic. With its tree-canopied streets, charming bungalows, and boutiques, it exudes a bohemian atmosphere.
A stunning waterfront residence with private docks and lush greenery
Residents and visitors alike enjoy the neighborhood's laid-back feel, as it combines old Florida charm with contemporary flair. It’s also a favorite among creatives, entrepreneurs, and families, thanks to its family-friendly environment and active social scene.
Vizcaya Museum and Gardens is one of Miami’s most iconic cultural landmarks, offering a blend of heritage, creativity, and breathtaking views. The museum is housed in a stunning Italian Renaissance-style villa, and its meticulously manicured gardens are perfect for strolling. Visitors can explore collections of craftsmanship that include European furniture, sculptures, and decorative objects, showcasing Miami's legacy and its ties to European influence. The lush grounds are perfect for relaxing or taking in the beautiful surroundings of Biscayne Bay.
The Coconut Grove Arts Festival is a must-see annual event that celebrates local and international talent. This vibrant festival brings together a variety of forms of expression, including visual crafts, music, and theater, with thousands of creators and enthusiasts in attendance each year. It’s a perfect opportunity to discover unique works, enjoy delicious food, and experience live performances. The festival attracts a diverse crowd and offers a true sense of Coconut Grove’s creative spirit.
CocoWalk is a lively, open-air shopping and entertainment complex located in the heart of the area. It’s a popular destination for both locals and visitors, offering a mix of shops, restaurants, and entertainment venues. From high-end boutiques to casual eateries, CocoWalk offers a wide variety of options to suit different tastes. It’s also home to a cinema and outdoor spaces for events, making it an ideal spot to spend a few hours with friends or family.
Bayshore Park is a peaceful, waterfront park that provides scenic views of Biscayne Bay, making it a popular location for outdoor enthusiasts. With walking trails, picnic areas, and plenty of open space, it’s an excellent spot to unwind, jog, or simply enjoy the natural surroundings. The park is also a favorite for those looking to relax by the water or watch the boats pass by. It's an ideal escape from the hustle and bustle of the city, offering both tranquility and beauty.
Rickenbacker Causeway is a scenic route that connects the area to Key Biscayne, offering picturesque views of the water along the way. It’s a popular location for water sports, such as kayaking, windsurfing, and boating, and is a gateway to some of Miami’s most beautiful beaches. The causeway is also great for a leisurely drive, with stunning views of the Miami skyline and the nearby islands. Whether you're heading to Key Biscayne for a day at the beach or simply enjoying the drive, Rickenbacker Causeway offers some of the best views in Miami.
The cost of living in Coconut Grove is relatively high, but it’s more affordable compared to the Coral Reefs, particularly in terms of real estate and rental prices. Both neighborhoods offer upscale lifestyles, but there are key differences in pricing that are important for potential buyers to consider.
When comparing the real estate markets of both areas, there are notable differences in pricing and market dynamics, making each area unique in its appeal.
In Coconut Grove, the median transaction price of a home recently stood at $1.95 million, reflecting a significant 21.9% increase compared to the previous year. Despite this price hike, the median transaction price per square foot dropped to $753, showing a 10.5% decline from last year. Homes here range from $6,800 to a staggering $150 million, with an average sale occurring 7.03% below the asking price. The market here is balanced, meaning supply and demand for homes are relatively even, offering potential buyers and sellers a fair negotiating ground.
Sleek modern design with spacious balconies offering beautiful surrounding views
On the other hand, Gables presents a more diverse market, as it encompasses six distinct neighborhoods. The median sale price here is $1.4 million, which has risen by 25.1% over the past year. Homes here have a slightly higher median sale price per square foot, at $771, marking a 7.7% increase. The range of properties for sale in the area spans from $1,300 to $69 million, and the market is currently a buyer's market, meaning there are more homes available than there is demand.
While both areas have seen notable price increases in the past year, the first shows a more balanced market, whereas the second is more favorable to buyers, offering a wider range of home prices and a greater supply. Buyers in Gables might find more options at varying price points, whereas in Coconut Grove, there’s a stronger trend of higher-end homes with slightly lower price negotiations.
In Coconut Grove, rental prices for condos vary, offering a range of options suitable for different preferences.
For instance, a one-bedroom condo with one bathroom is available for $1,575 monthly, offering a spacious 4,760 sqft space. A larger three-bedroom condo with 3.5 bathrooms can be rented for $48,000 per month, covering 4,935 sqft. Additionally, a more luxurious four-bedroom condo with 5.5 bathrooms is listed for $60,000 monthly, providing 3,247 sqft of living area. These premium options offer generous living space in one of Miami’s most desirable locations.
In contrast, Coral Gables offers more affordable rentals, such as a one-bedroom condo with one bathroom for $1,200 monthly with 1,061 sqft of space and a larger six-bedroom house with 5.5 bathrooms priced at $40,000 per month, offering 5,040 sqft.
While the first district provides slightly lower prices, the second is generally a better choice for those seeking a more vibrant and active lifestyle. Coconut Grove offers greater access to key attractions, waterfront views, and a stronger sense of community, making it the preferred option for those seeking a balance of convenience and quality of life.
In the vibrant area by Biscayne Bay, the expenses associated with various services and amenities differ when compared to other parts of the city. In Coconut Grove, for instance, the charges for essentials like electricity, heating, cooling, water, and garbage for an 85-square-meter apartment average around $153 per month. The monthly mobile phone service with data and calls averages at $66.83, while internet access for high-speed services typically runs about $65.47 per month. Fitness and leisure activities, such as a gym membership, are priced at around $76.25 for a month.
Elegant architecture, a waterfront location with gardens, and private boat docks
On the other hand, in the upscale district located just a short distance away, expenses are slightly higher in some categories. Basic utilities, including the same 85-square-meter apartment’s electricity and water, average $174.09 per month. Internet services run at approximately $60 per month, and mobile phone plans are priced at $40. Meanwhile, a fitness club membership in this area typically runs at $269 per month, reflecting the higher standards and availability of premium services in the vicinity.
When comparing these two areas, it's clear that while services are more expensive in the second location, the slight increase in service fees is balanced by the added convenience and access to a higher caliber of leisure options.
Coconut Grove is home to several beautiful and desirable residential areas, offering a variety of living experiences. Whether you’re looking for a waterfront condo, a charming bungalow, or a modern townhouse, the neighborhood has something for everyone.
Coconut Grove boasts a variety of residential areas, each offering a unique living experience. Whether you're seeking a waterfront retreat, a vibrant community, or a peaceful haven, Coconut Grove has it all. Here are some of the most sought-after areas:
The Moorings is a prestigious waterfront community that offers luxurious homes with private docks, making it perfect for boat enthusiasts. Residents enjoy spectacular views of Biscayne Bay and easy access to the water. The area is known for its exclusivity, with upscale properties that provide a high level of privacy and serenity. It's ideal for those looking for a combination of luxury and tranquility.
Located at the center of Coconut Grove, The Grove offers a mix of historic homes and modern apartments, making it an eclectic and vibrant area to live in. It is conveniently close to local shops, restaurants, and cultural attractions, providing residents with everything they need within walking distance. The blend of architectural styles in this area adds to its charm and appeal, attracting both long-term residents and newcomers.
South Grove is a neighborhood known for its lush greenery, larger homes, and quiet, tree-lined streets. This area is perfect for families looking for more space and privacy while still being close to the heart of Coconut Grove.
A penthouse terrace with a pool and breathtaking water views
The homes in South Grove are often set on larger lots, providing ample outdoor space for gardening, recreation, or simply enjoying the natural surroundings. It's a peaceful yet accessible location for those who prefer a more suburban feel while staying within proximity to the city's amenities.
Bay Heights is a tranquil and secluded residential area nestled on the hillsides of Coconut Grove, offering panoramic views of Biscayne Bay. Known for its larger properties and quiet atmosphere, it provides an escape from the busier parts of the neighborhood. This area is perfect for those seeking a more private and serene environment without sacrificing access to the beauty and conveniences of Coconut Grove. It's a hidden gem for those who appreciate stunning views and a relaxed lifestyle.
Coconut Grove Village is the heart of the neighborhood, offering a vibrant mix of condos, townhomes, and houses. It’s ideally situated near parks, retail centers, and cultural venues, making it one of the most convenient areas to live in. The neighborhood has a lively, community-oriented atmosphere, with plenty of cafes, shops, and activities just steps away. This is the place to be for those who want to experience the energy of Coconut Grove while enjoying a variety of living options.
Coconut Grove boasts a variety of parks, galleries, and cultural activities that contribute to its unique atmosphere. Kennedy Park offers ample green space for sports, picnicking, and outdoor fun with stunning views of Biscayne Bay, making it a great spot for a family outing. The Barnacle Historic State Park is a historical residence located on the bay with lush gardens and walking trails, offering visitors a tranquil retreat into nature and a glimpse into the area's past. Art Miami, an annual gathering featuring contemporary works, draws collectors, curators, and enthusiasts from around the world, enriching the neighborhood’s creative energy. Coconut Grove Playhouse hosts live theater performances, and the nearby Grove House serves as a cultural center for local artists and musicians, promoting creativity within the community. The area also hosts a range of cultural gatherings throughout the year, including the Coconut Grove Food and Wine Celebration and the annual Halloween Celebration.
Yes, Coconut Grove is a pet-friendly community with many parks and open spaces for walking dogs. Many residential properties in the area, including condos and townhouses, welcome pets. There are also pet-friendly restaurants and cafes, making it a perfect place for pet owners.
Coconut Grove benefits from excellent transportation options, providing residents with convenient access to both public transit and major roadways.
A round-shaped complex offering spacious terraces and bay views
The neighborhood is well-connected to downtown Miami and surrounding areas, but it offers a more relaxed, suburban feel compared to Coral Gables.
The district has access to the Metrorail and Metrobus systems, making it easy to commute around the city. The Metromover, which is free to use, connects Coconut Grove to nearby neighborhoods and downtown Miami. There are also several ride-sharing services available throughout the neighborhood.
Commute times from the area to downtown Miami are typically around 15-20 minutes by car, depending on traffic. Public transportation options can take slightly longer, with an average commute time of 25-30 minutes on the Metrorail.
This district is a highly walkable neighborhood, with many malls, restaurants, and parks within walking distance. The streets are pedestrian-friendly, and there are bike lanes for cyclists. Residents often find themselves walking or biking to local conveniences, reducing the need for a car.
The area is home to several highly rated schools, including private and public institutions. Families will find plenty of educational opportunities within the neighborhood and nearby.
Here is a comprehensive guide of educational institutions in the district:
The dynamic neighborhood of this coastal location, which is only a short drive from the University of Miami, provides easy access to one of the nation's top research institutions. Whether you're a student or a local resident with family members enrolled, this great location puts you just 10-15 minutes, or 5 to 7 kilometers, from the university's main campus.
Twin high-rises surrounded by tropical landscaping and glass windows
The University of Miami, founded in 1925, has grown into a prestigious private institution with over 19,000 students from around the world. Known for its top-tier programs, the university offers a diverse academic environment across 12 schools and colleges. As a member of the exclusive Association of American Universities (AAU), the university stands out for its research excellence and offers students the chance to engage in groundbreaking work in fields such as marine science, engineering, and psychology. With a suburban setting, expansive campus, and dynamic atmosphere, the proximity to the University of Miami enhances the appeal of the area.
Here you'll find a strong collaborative spirit, with education being a key focus. Several local organizations and residents actively support schools and educational initiatives. Notable groups such as the Coconut Grove Civic Club, the Coconut Grove Arts and Historical Association, The Barnyard Foundation, The Business Improvement District, and Friends of Coconut Grove play a vital role in creating opportunities for students. These organizations work together to provide resources, organize events, and create programs that benefit local schools, fostering a supportive environment for both students and families.
The place offers numerous recreational activities for residents and visitors, including outdoor spaces, and cultural and vibrant social gatherings.
This vibrant location offers a variety of open-air areas for outdoor fun and relaxation. Here are five must-visit spots for nature lovers:
This area is rich in cultural experiences, offering things that highlight the creative essence of the surroundings. Here are five notable cultural destinations:
There is no shortage of eateries and nightlife venues in this lively setting, offering a variety of places for dining and socializing. Here are five great spots to check out:
If you're considering a move to Miami, both the Grove and the Coral Reefs provide exceptional living options, each offering unique advantages. While the Grove is known for its relaxed, artistic vibe and abundance of green spaces, the Coral Reefs stand out with its refined architecture and upscale lifestyle. Whether you're a tourist looking to visit or seeking a permanent residence, both neighborhoods boast a lot of dining options, cultural landmarks, and luxurious living. The Grove may appeal more to those looking for a vibrant, creative atmosphere, while the Coral Reefs offer an elegant, more traditional setting. Ultimately, the choice comes down to personal preferences, but both areas provide a fantastic place to experience the best of Miami.
20,708 people live in Coconut Grove, where the median age is 42 and the average individual income is $74,940. Data provided by the U.S. Census Bureau.
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Population Density Population Density This is the number of people per square mile in a neighborhood.
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There's plenty to do around Coconut Grove, including shopping, dining, nightlife, parks, and more. Data provided by Walk Score and Yelp.
Explore popular things to do in the area, including Cana Wine Shop, Drew’s Guide Service, and Genesis Yacht Charters.
Name | Category | Distance | Reviews |
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Dining | 1.98 miles | 9 reviews | 5/5 stars | |
Active | 4.24 miles | 6 reviews | 5/5 stars | |
Active | 0.36 miles | 19 reviews | 5/5 stars | |
Active | 4.6 miles | 6 reviews | 5/5 stars | |
Active | 4.44 miles | 12 reviews | 5/5 stars | |
Active | 3.84 miles | 7 reviews | 5/5 stars | |
Beauty | 2.51 miles | 13 reviews | 5/5 stars | |
Beauty | 4.14 miles | 6 reviews | 5/5 stars | |
Beauty | 3.62 miles | 5 reviews | 5/5 stars | |
Beauty | 3.55 miles | 11 reviews | 5/5 stars | |
Beauty | 4.24 miles | 5 reviews | 5/5 stars | |
Beauty | 1.64 miles | 8 reviews | 5/5 stars | |
Beauty | 3.7 miles | 5 reviews | 5/5 stars | |
Beauty | 1.04 miles | 9 reviews | 5/5 stars | |
Beauty | 3.63 miles | 5 reviews | 5/5 stars | |
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Coconut Grove has 8,676 households, with an average household size of 2. Data provided by the U.S. Census Bureau. Here’s what the people living in Coconut Grove do for work — and how long it takes them to get there. Data provided by the U.S. Census Bureau. 20,708 people call Coconut Grove home. The population density is 8,862.935 and the largest age group is Data provided by the U.S. Census Bureau.
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