New Pre-Construction Condos in Coconut Grove

Coconut Grove is Miami's oldest continuously inhabited neighborhood and arguably its most charming, where canopied banyan trees, waterfront parks, and a bohemian-meets-luxury atmosphere create a residential experience unlike anywhere else in South Florida. The Grove's pre-construction market reflects this uniqueness, with developers favoring boutique, low-rise projects that complement the neighborhood's lush, tropical character. Headline developments include Four Seasons Private Residences Coconut Grove, Vita at Grove Isle (on the exclusive island enclave), OPUS Coconut Grove, THE WELL Coconut Grove, The Lincoln Coconut Grove, and Arbor Residences. These projects emphasize wellness, green space, and integration with the Grove's natural environment — a stark contrast to the glass-tower density of Brickell and Downtown. Pre-construction pricing in Coconut Grove ranges from approximately $1 million for two-bedroom units to $10M+ for waterfront penthouses. The average price per square foot for new construction typically falls between $900 and $1,800, reflecting the neighborhood's prestigious address and limited development capacity. Coconut Grove's appeal extends beyond real estate: the neighborhood offers some of Miami's top-rated public and private schools, including Ransom Everglades, Carrollton School of the Sacred Heart, and Coconut Grove Elementary. For families with children, the Grove is often the first choice among Miami's luxury neighborhoods.

Coconut Grove's lifestyle is defined by nature, culture, and community. The neighborhood is anchored by Vizcaya Museum and Gardens — a National Historic Landmark featuring a stunning Italian Renaissance-style villa. Kennedy Park and the David T. Kennedy Park waterfront trail offer bayfront green space, while Barnacle Historic State Park preserves old Florida history. CocoWalk, recently reimagined as an open-air retail and dining destination, serves as the neighborhood's social hub with restaurants like Brasserie Brickell and Panorama, alongside boutique shopping. The Saturday Coconut Grove Organic Market is a beloved community tradition. Sailing and boating are integral to Grove life: Dinner Key Marina is one of the largest marinas on the East Coast, and the annual Coconut Grove Sailing Club regattas draw participants from around the world. The Grove also hosts the Coconut Grove Arts Festival, one of the nation's top-ranked outdoor art festivals.