Coconut Grove Real Estate
If your looking at Coconut Grove Real Estate for sale or rent at this time then you came to the right place!! If you have asked yourself the question – “How much is my Coconut Grove single family home, condo or town home worth?” – then we would like to assist you with that question!! Looking for rentals in Coconut Grove? We have extensive experience in the Coconut Grove rental market for single family homes, condos & town homes!! Are you a buyer looking to purchase an investment property or condo to use as a rental? If so, we specifically created this page so that you can quickly ascertain the best possible investment property here in Coconut Grove within the “price point” you have been pre-qualified for. It works best if you have already gone through the “pre-approval” process with your bank or mortgage broker. Simply click on any of the links below to get started. Once inside a specific “price range” you can click on any condo, townhouse or single family home that catches your attention. Once a property is identified and clicked on, you will be shown specific details about that property such as price, number of bedrooms, square footage, amenities and additional photos. You will also have two tabs to click on to request additional info or schedule a showing. As always, feel free to contact us should you have any additional requests. If your not looking to purchase at this time then the information below may be quite helpful simply from an educational standpoint on Coconut Grove Real Estate in general.
About Coconut Grove Real Estate
The real estate (territory) of Coconut Grove can be defined as the following: Lejeune Rd to the west; US1 to the north; SE 26th RD to the north east (Rickenbacker Causeway); Bayshore Drive to the east/south east; Edgewater Drive to the south. The irregular shape of the Coconut Grove “boundary” has it moving from a south to north/north east direction – flanked by Biscayne Bay to its east and south east.
North Coconut Grove
North Coconut Grove can be defined as all real estate south of US1; east of 27th Ave; north east to SE 26th Rd (Rickenbacker Causeway); south along Bayshore Drive to 27th Ave again. The longest stretch of roadway in this area is Bayshore Drive which runs south/south west from SE 26th Rd all the way down to Mc Farlane Rd. The main “avenues” running north to south that connect US1 and Bayshore Drive are SW 27th Ave, SW 22nd Ave & SW 17th Avenue. Tigertail Avenue, another “main drag” of roadway, is two blocks north of Bayshore Drive and stretches from SW 27th Ave to SW 17th Ave (going west to east) where it crosses into Bay Heights and ends.
North Coconut Grove Points of Interest
SE 26th Rd – Gateway to Key Biscayne via the Rickenbacker Causeway. The causeway takes its name from Eddie Rickenbacker who was a famous WW1 pilot and original founder of the Miami based airline Eastern Airlines. Owned and operated by Miami Dade County, the Rickenbacker Causeway process traffic via four lanes that allow visitors to the island of Key Biscayne & Virginia Key. The original “toll booths” were removed in 2013 and have since been replaced with electronic “Sunpass” sensors to help alleviate the traffic congestion that occurred regularly with those trying to “get to the beach”. The cost for a two axle car is US $1.75. There is no toll to leave the island.
Alice Wainwright Park – Located at 2845 Brickell Ave, Alice Wainwright Park is a 28 acre “natural preserve” right on Biscayne Bay. Named after the first female to have served on the Miami City Commission – and part of the 1972 “Parks for Peoples Bond” – the park boasts many areas of “green spaces” and recreation facilities for its visitors. The park is free for all guests. There are a few “upscale” luxury residential residences located on the same street as the park. The most notable are the ones that were once owned by Madonna & Sylvester Stallone.
Vizcaya Museum & Gardens – Vizcaya is a 50 acre property built by James Deering between the years of 1914 to 1922. Now owned and operated by Miami Dade County, this historical piece of real estate (1994) is no doubt the “gem” of Coconut Grove. Often referred to as the “Hearst Castle of the East”, Vizcaya is designed in the “Mediterranean Revival Architecture” style with Baroque architectural elements. Paul Chalfin, a former art curator and interior designer, assisted Mr. Deering as the project director. The park is opened every day from 9:30 – 4:30 except for Tuesdays, Thanksgiving & Christmas. Please click the link above for admission prices as they very for certain individuals. This is not your “typical” single family home by any means – its a masterpiece!!
Mercy Hospital – Established in 1950 and located at 3663 South Miami Ave – Mercy Hospital is Miami Dade Counties only Catholic hospital. The hospitals mantra since its inception was for the “total caring of ones physical and spiritual needs”. Located on Biscayne Bay, the hospitals setting is truly peaceful in nature and accentuated by the pleasant breezes and swaying palm trees located around the property.
Ermita De La Caridad – This truly “special” place of worship is located on Biscayne Bay and right next door to Mercy Hospital at 3609 South Miami Ave. Famous for its 747 square foot mural depicting many of Cuba’s patriots and priests, Ermita De La Caridad is a destination place for many Cuban exiles and travelers from all over the world. It’s very common on a daily basis to see those who have lost loved ones to the seas – in search of political freedom – sitting on the seawall and gazing out into Biscayne Bay reminiscing of their loved ones. I personally visit this church occasionally and always leave refreshed and with a new spirit. This property is also home to LaSalle Senior High School.
Kennedy Park – Located at 2200 South Bayshore Drive, Kennedy Park is a large estate park situated right on the waters of Biscayne Bay in the heart of Coconut Grove!! The park features a running path, dog park, beach volleyball outdoor gym, vita course and kids area. There is also a wooden dock that allows those to simply take in the beauty of Biscayne Bay and its light breezes. Kennedy Park is named after former Miami Mayor David Kennedy who served the City of Miami back in the early 1970’s.
Dinner Key – Located at 3500 Pan American Drive, Dinner Key Marina is the largest wet slip marina with 582 slips. Boaters can tie up short term, long term or live aboard their vessels in a “park like” setting. Dinner Key was once the home base for Pan American’s famed flying boats named “The Clippers”. The original Pan Am terminal now serves as Miami City Hall.
Miami City Hall – Miami City Hall is located at 3500 Pan American Drive in the heart of Dinner Key Marina. The building itself once served as the main terminal for Pan American airways back in the 1930’s when their famous flying boats “The Clippers” were transporting passengers to and from South America. Miami City Hall, in my opinion, is the most significant of city halls in the history of South Florida. This is due in part to its location, history of the building & storied past of Miami itself – both good and bad.
North Coconut Grove Real Estate “Points of Interest”
Grove Isle I, II & III – The largest density of condominiums is actually situated on an island famously known as “Grove Isle”. Grove Isle consists of three luxury hi-rise condominium buildings (Grove Isle I, II, III) surrounded by the waters of Biscayne Bay and swaying palm trees. Only accessible by one road – Fair Isle Street – all residents have the luxury of their own private restaurant, hotel, bar, marina & tennis courts. All three buildings were built between the years of 1979 – 1981.
Bay Heights – Bay Heights is an enclosed enclave of single family homes bordered by Alatka St to the west; USI to the north; Shore Drive North to the northeast and Bayshore Drive to the south. This walled in community is across the street from the Vizcaya Museums & Gardens and Mercy Hospital. As of this writing, the price ranges for homes in Bay Heights currently range from $899,000 to $2,500,000. This community is security patrolled 24 hours a day, 7 days a week.
Center Coconut Grove
The boundaries for Center Coconut Grove “sort of” resemble a right triangle flipped in the opposite direction. Grand Avenue to the south; SW 27th Avenue to the east and US1 to the north flowing in a south/south west direction and meeting at Lejeune Rd & Grand Avenue. There are three main thoroughfares in Center Coconut Grove. The first one, Bird Avenue, runs east to west starting at 27th Avenue and going west until US1. The second is McDonald St (SW 32nd Ave) which runs in a north/south direction from US1 to Grand Avenue. The third is Douglas Rd (SW 37th Ave) which also runs in a north/south direction from US1 to Grand Avenue. It’s important to note that SW 27th Avenue actually extends south past Grand Avenue where it ends at Bayshore Drive. If you take a right onto Bayshore Drive and head west for a short distance it turns into McFarlane Rd for a short stretch and meets back at Grand Avenue.
Center Coconut Grove Points of Interest
Coco Walk – Located at 3015 Grand Avenue, Coco Walk has been a Coconut Grove focal point since 1987. A “mega” entertainment and commercial plaza, Coco Walk is a mixed use commercial real estate space of shops, cafe’s, bars & movie theatre. Some of Coco Walks biggest businesses draws are Cheesecake Factory, Duffy’s, Fat Tuesdays and U-Fit Fitness. The entire plaza was just recently sold for $87.5 million to Federal Realty Investment Trust.
Peacock Park – Located at 2820 McFarlane Rd, this piece of real estate is situated in the heart of Coconut Grove on Biscayne Bay. The park features a baseball field, basketball court, mini “turf” soccer field and wooden dock “observatory”. The park is home to many cultural events such as the Coconut Grove Arts Festival and Grovetoberfest to name a few. Fireworks for the 4th of July and New Years are a yearly occurrence as well. The park was once owned by Charles and Isabella Peacock (Peacock Inn) and sold to the City of Miami for $63,500 in 1934. The park is bordered by the multimillion dollar townhome community of The Cloisters to its south.
Elizabeth Virrick Park – Located at 3255 Plaza St, the park is named after Elizabeth Virrick who was an early Coconut Grove community leader and activist. The park has been a home and safe haven for many Coconut Grove children throughout the years. The park includes afterschool programs, playground, summer camps, pool and music program. Mrs. Virrick passed away in May of 1990.
Shops at Mayfair – A Coconut Grove “shopping” focal point back in the 1980’s, The Shops at Mayfair have been pretty transient in regards to business retention over the last 25 years or so. Home to the Mayfair Hotel and Spa, it has since rebounded in an “artistic” fashion over the past 5 years. The Miami Conservatory of Music located at 2911 Grand Avenue makes its home there along with Sapient Nitro – a publicly traded award winning ad agency. The Bookstore in the Grove, located on the corner of Florida Avenue and Mary St serves up not only Dr. Seuss but paninis, gourmet coffee, wine and smoothies.
Gifford Lane – There is an area on Gifford Lane in between Day and Oak Avenues that is of significance in Coconut Grove. Home of the “Gifford Lane Art Stroll”, Gifford Lane is home to some of The Grove’s coolest artists and old Grovites!! A few of the houses are very artistic in nature and definitely worth a drive by. The art stroll is every March on the 3rd day of the month.
Center Coconut Grove Real Estate
The real estate in Center Coconut Grove can best be described as very “mixed use” in nature. You basically have it all – from commercial real estate in the central business district (BID) to town homes, condominiums, “mom and pop” apartment buildings & single family homes located throughout the area. For example, if you were to walk south on Mary Street or Virginia Street from Bird Avenue to Day Avenue the real estate is dominated by town homes and garden style condominiums. If you continued down to Grand Avenue and took a right, you would then be in the business district which is dominated by commercial real estate businesses and properties. If you crossed over Grand Avenue to Main Highway and walked south, you would have commercial businesses on the north side of the street and residential residences on the south side. An example would be Greenstreet Cafe on the north side of Main Highway and Commodore Plaza and “The Cloisters” across the street on the south side. There is a nice mix of old construction properties and new pre-construction properties in Center Grove. For example, at 2901 South Bayshore Drive you have a high rise condominium named Yacht Harbour which was built back in 1975. This building is one of my favorites as the lobby & common areas of the property are decorated and/or themed in nautical motifs and appointments. If you head north one block from Yacht Harbour on Bayshore Drive you come across a new pre-construction property called Grove at Grand Bay. This property consists of two luxury towers containing 99 residences in total sitting on 3 plus acres of land. What makes this property unique is that the buildings architecture has the facades of the buildings “twisting” in an effort to maximize the panoramic water views of the area and aesthetics of the buildings themselves.
Center Coconut Grove Real Estate “Points of Interest”
Grand Avenue West – Also known as “West Grove” – this was the first settling place for Bahamian settlers who came to Coconut Grove to work at the Peacock Inn back in the 1880’s. The area thrived with black owned businesses and single family homes up until the onset of WWII where things started to deteriorate. Many of the single family residences located there were destroyed and replaced with apartment buildings which today are in disrepair with struggling residents. The biggest question to be answered today is – what will eventually become of Grand Avenue? There seems to be a “stalemate” going on between a few owners of different parcels, current and/or past buyers and The City of Miami. Grand Avenue has so much potential to be a destination point for those going to Coconut Grove – it needs major help though. Coconut Grove has unfortunate lost some of its “magic” to other area’s such as South Miami, Brickell & Midtown Miami over the past 15 years. In my opinion, the proper restoration of Grand Avenue could bring Coconut Grove back to serious relevance. Any “restoration” that takes place needs to involve first and foremost a strong preservation of the Bahamian culture and history by means of a historical museum and/or “art walk/history path” that extends the entire length of Grand Avenue from McDonald St down to Douglas Rd. My vision of Grand Avenue also involves a mixture of local art museums, “mom & pop” shops and/or cafe’s and a cooking school/university. There should also be a decent mix of low to mid-rise residential properties, condos & affordable commercial spaces for renters, buyers and small business owners. Decent, affordable commercial spaces for small business owners are NON EXISTENT at this time.
South Coconut Grove
The real estate boundaries for South Grove can be defined as the following: Grand Avenue to the north; Biscayne Bay to the south/south east; Le Jeune Rd to the west and Edgewater drive to the south. There are 5 main roads or streets that travel through South Grove. The first one is Main Highway that begins from McFarlane Road and travels in a south/south west direction until it reaches Douglas Road. The second one is Douglas Road itself that travels from US1 south, past Grand Avenue until it merges into Ingraham Highway. The third is Ingraham Highway that forms from Douglas Road and travels south west until it reaches Le Jeune Rd. The last two are smaller roads that run east to west from Le Jeune Rd. The first one is Poinciana Avenue that connects Le Jeune Rd to Main Highway. The second is Hardee Rd that connects Le Jeune Rd to Ingraham Highway.
South Coconut Grove Points of Interest
The Barnacle – Built by one of Coconut Grove’s early Pioneers Ralph Middleton Monroe, the Barnacle is a state historic park located at 3484 Main Highway. The Barnacle is one of Miami’s oldest houses and still in its original location. Visiting the property allows visitors to truly step back in time to the days of “Old Florida” during the Era of the Bay. Please click here to read a more in-depth blog post I wrote last year for our website!!
The Kampong – Located at 4013 Douglas Rd, The Kampong is an 11 acre “botanical garden” that was the winter home for famed horticulturist Dr. David Fairchild. Mr. Fairchild was famous for introducing plants species from all over the world into the United States. Many of these plants made their way to his own personal garden that can still be seen today. Today, The Kampong is run by the National Tropical Botanical Garden and is on the National Registry of Historic Places.
Pine Cemetery – Wedged in between Charles and Franklin Avenue on Douglas Road, Pine Cemetery is the final resting place for many of West Coconut Grove’s first Bahamian settlers. The biggest myth of this cemetery is that it was the setting of Michael Jackson’s famous cemetery scene in the music video Thriller….this unfortunately is not accurate. With that said, it is still worth a visit as most of the crypts are halfway out of the ground which is always “interesting” to some.
Merri Christmas Park – Located off of Le Jeune Rd, Merri Christmas Park is the largest park in South Grove and a place I grew up as a kid. The park is named after Merri Christmas who was the young daughter of Randall “Randi” Christmas (Miami City Commissioner from 1955 – 1957) who passed away at the young age of 15. Recently the park has gone through some adversity as it was determined the soil underneath the park was contaminated. The park was shut down for a period of time to clean up the soil and has since been given a clean slate.
South Coconut Grove Real Estate
South Coconut Grove is dominated by single family homes and lush landscaping that clearly defines what Coconut Grove is all about!! Some of the most expensive real estate in Miami is located in South Grove. In particular, the areas south of Main Highway and east of Douglass Rd to Biscayne Bay. For example, the most expensive property at this time is located at 3551 Main Highway for $39,500,000.00 or $2393.00 per square foot. This single family home features 9 bedrooms, 8 baths and has a square footage of about 16,500 under a/c. The second most expensive – and drastically lower than the previous property is located deep in South Grove at 6939 Sunrise Dr. This 5 bedroom – 6 bath house features 6384 Sq. Ft. of living space under a/c and is currently listed for $8,950,000.00 or $1401.00 a square foot. At this writing, there are currently 99 single family homes for sale in South Grove with a total sales volume of $256,000,000.00…..for sure Miami’s finest real estate – are you pre-qualified yet??
All information contained above is the property and copyright of Joe Higgins, Broker and Grove Town Properties.
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