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Coconut Grove from above, towers and tree canopy
PHOTO: Adrian Diaz-Sieckel / Unsplash. Illustrative; does not show a property.

BEFORE IT WAS  /  THE BACKSTORY

The backstory of Coconut Grove

Bahamian settlers, the first hotel on Biscayne Bay and a bungalow that is now a state park. Where Coconut Grove came from, and what its homes sold for last month.

COCONUT GROVE · MIAMI, FL · MIAMI-DADE COUNTY

TWO PRICES  /  COCONUT GROVE

COCONUT GROVE (ZIP 33133) · SINGLE-FAMILY HOMES · SEPTEMBER 2026

5.4%

below original asking price, net of seller credits (median)

Typical sale, as % of original ask94.6%
13Closed sales · small sample
9.4%September 2025 · 9 sales
5.5%Miami-Dade single-family, September 2026 · 850 sales

COCONUT GROVE (ZIP 33133) · CONDOS · SEPTEMBER 2026

8.7%

below original asking price, net of seller credits (median)

Typical sale, as % of original ask91.3%
17Closed sales · small sample
11.1%September 2025 · 18 sales
7.7%Miami-Dade condos, September 2026 · 706 sales

September 2026 numbers are based on MLS data for closings September 1–30, 2026 (September 1–30, 2025 for comparison), retrieved in November 2026. Cities are defined by the County municipal code recorded with each sale. Data is entered in the MLS by listing agents; it is deemed reliable but not guaranteed and may contain errors. Includes all brokerages’ sales, not only ours.

Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) / MIAMI Association of REALTORS® for the period September 1–30, 2026, retrieved in November 2026; compiled by The Fragomeno Group, not by the MLS.

The gap compares the final sale price, less seller credits, with the original list price. Includes sales that closed with no days on market. Past sales do not predict the price of any home. Coconut Grove here means single-family homes in zip 33133 within the City of Miami, excluding the Silver Bluff plats, which are counted in the Shenandoah & Silver Bluff card so that each home is counted once; the condo card covers all condos in zip 33133 and its county comparison is all Miami-Dade condos. With 13 single-family sales and 17 condo sales, a few homes can move the figures.

That is what Coconut Grove homes sold for last month. Here is how Coconut Grove got here.

BEFORE IT WAS COCONUT GROVE

Six moments that shaped it

COCONUT GROVE TODAY

The neighborhood, in facts

Coconut Grove is a neighborhood of the City of Miami, on Biscayne Bay in Miami-Dade County. The Barnacle Historic State Park, at 3485 Main Highway, is open Thursday through Monday, 9 AM to 5 PM, with house tours at set times, and is closed Tuesdays and Wednesdays.

Source: Florida State Parks, The Barnacle. Confirm hours before you go. Coconut Grove has no separate government, so we show no population figure.

NOW  /  WHAT’S HAPPENING

Updated monthly, with sources

  • Oct 29, 2026: Announced. Mast Capital and BH Group plan a Raffles-branded, 35-unit condo building at 2545 South Bayshore Drive, after buying out the 39 owners of the existing building. A later report lists it at about nine stories. Sales were expected to start in fall 2026; no approvals reported. The Real Deal
  • Sep 8, 2026: Reported. The Lincoln, 2650 Lincoln Avenue: 48 condos in eight stories. A $58 million construction loan was reported; construction started in August 2026 with completion expected at the end of 2028. The Real Deal
  • Aug 27, 2026: Reported. Preserve the West Grove and 18 nearby residents filed a petition in Miami-Dade Circuit Court to overturn the Miami City Commission’s unanimous July 9 approval of Miami-Dade County’s $59 million plan to rebuild the Coconut Grove Playhouse. No ruling had been reported as of Sep 3, 2026; the petitioners’ attorney estimated six months to a year. WLRN / Coconut Grove Spotlight
  • Aug 19, 2026: Reported. A buyer tied to El-Ad National Properties paid about $62 million for the office building at 3250 Mary Street, next to a condo building bought in May. About 2.2 acres are now assembled; no plans have been announced. The Real Deal
  • Sep 16, 2026: Proposed. The City of Miami Planning, Zoning and Appeals Board voted to direct staff to prepare a rezoning application for 26 Washington Avenue properties facing Grand Avenue, from T3-O to T4-L. This vote changes no zoning; the application must return to the Board and then go to the City Commission. Reported by Coconut Grove Spotlight. Coconut Grove Spotlight

TOP 5 TO WATCH  /  UNDER WAY AND PLANNED

  • UNDER WAYFour Seasons Residences, 2699 South Bayshore Drive: 70 condos in 20 stories, with a $323.8 million construction loan reported. Completion is expected in mid-2028. The Real Deal
  • UNDER WAYThe Well, second phase, 2835 Tigertail Avenue: 194 condos in eight stories, reported more than half presold. Completion is slated for 2028. The Real Deal
  • UNDER WAYZiggurat Coconut Grove, 3101 Grand Avenue: 18 condos, about 100,000 sq ft of offices and ground-floor retail. A $138.5 million loan was reported; completion is expected in 2028. The Real Deal
  • PROPOSEDRelated Urban: two towers (22 and 25 stories, about 750 apartments) on county-owned land near Mundy Street and Douglas Road, filed under the Live Local Act with at least 40% below-market units. County staff would review it. No approvals reported (July 2026). The Real Deal
  • PLANNEDCoconut Grove Playhouse: the City Commission granted an appeal in July 2026 to restore the facade and add a new 310-seat theater, a garage and a plaza. Remaining permits and the construction schedule have not been announced. The Real Deal

NOTABLE HOME SALES  /  REPORTED BY THE REAL DEAL

News reports, not our transactions; The Fragomeno Group was not involved. Prices as reported. Listings are asking prices, not sales.

  • REPORTED, NOT RECORDEDDeveloper Philippe Harari’s waterfront house of nearly 11,000 sq ft on 0.9 acre was reported sold off-market for over $80 million, per unnamed sources (Sep 17, 2026). The reported price is pending a recorded deed. The Real Deal
  • UNDER CONTRACTA Four Way Lodge Estates house of 4,280 sq ft on a 50,000 sq ft lot, with a mangrove preserve, went under contract at an asking price of $17.4 million (Oct 6, 2026). Not closed as of the report. The Real Deal

LAST CHECKED: NOVEMBER 6, 2026  ·  NEWS COVERAGE AND PUBLISHED OFFICIAL PAGES, AUG 7 – NOV 5; PROJECTS, LAST 36 MONTHS. ITEMS MARKED “REPORTED” COME FROM NEWS COVERAGE. COUNCIL AND COMMISSION ACTIONS ARE DRAWN FROM PUBLISHED REPORTS AND PUBLIC POSTINGS.

SCHOOLS & COLLEGES

Schools near Coconut Grove

Schools are listed by name, as the sources below describe them. We do not rate or rank schools. Public school assignment depends on your address, so confirm it with the district. The Florida Department of Education says it does not verify the data private schools submit, and a listing is not an approval.

PUBLIC AND CHARTER

PRIVATE

Carrollton School of the Sacred Heart (girls), Main Highway
Ransom Everglades School (grades 6–12), two campuses in the Grove
St. Stephen’s Episcopal Day School, 3439 Main Highway
St. Hugh Catholic School, 3460 Royal Road
Coconut Grove Montessori School, 2850 SW 27th Avenue
Gulliver Preparatory School (Kendall Drive area)
Show all 14 private schools

COLLEGES AND UNIVERSITIES

No college or university campus was found inside Coconut Grove. The University of Miami main campus is in neighboring Coral Gables.

The elementary school page is the district’s 2024–25 document. Middle and high school zones depend on the address, so we do not name them. Ransom Everglades’ two campuses and the other private school details come from the schools’ own pages where linked and from directories otherwise.

Private schools within about five miles are included because many families drive to school and work across city lines. Distances are measured from the center of the neighborhood, using the Miami-Dade County municipal boundary map and each school’s street address. The private schools were chosen from Niche’s list of top private schools in Miami-Dade County and are shown in no particular order. Catholic parish schools also come from the Archdiocese of Miami’s Catholic Schools Directory. A listing is not a recommendation, ranking or endorsement; check each school’s own site for current grades and admissions.

Florida Department of Education school grades (2025–26)  ·  Florida private school directory (FLDOE)  ·  Miami-Dade County Public Schools

To see which public school serves an address, use the school locator and enrollment information on the Miami-Dade County Public Schools site. Third-party school ratings and reviews also exist, for example Niche and GreatSchools. We do not produce, endorse or verify them, and they are not a substitute for visiting a school and checking with the district.

YOUR PRICE OPINION

What did the house down the street actually close at?

Ask us about Coconut Grove. We’ll send this month’s sales in your neighborhood, and your two prices if you’re thinking of selling.

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Sources: Florida Heritage marker; University of Florida Libraries; Florida State Parks, The Barnacle; M-DCPS, Coconut Grove Elementary; local news as linked above; The Real Deal, South Florida (news reports as linked; proposals are not approvals).

Disclosure: Neighborhood information, not advice. Facts come from the sources named; we take no position on schools or any area, and do not rank them. The photo is credited and does not show a property for sale. The Fragomeno Group is not affiliated with the Coconut Grove Playhouse, The Barnacle or the City of Miami.

Written by Abdallah H. Fragomeno, REALTOR®, The Fragomeno Group at Chez Realty.

AT A GLANCE

What is the backstory of Coconut Grove?

Bahamian settlers, the first hotel on Biscayne Bay and a bungalow that is now a state park. Where Coconut Grove came from, and what its homes sold for last month.

How far below asking price did Coconut Grove single-family homes close in September 2026?

September 2026 MLS data: the median Coconut Grove single-family home sale closed 5.4% below its original list price, net of seller credits, across 13 closed sales. This is a median of past sales and does not predict any home's price.

How often is this Coconut Grove page checked?

Monthly. The "What's happening" section covers the last 90 days and "Top 5 to watch" covers the last 36 months, each item with a dated source. See the last-checked date on the page.