Housing character
Coconut Grove is Miami’s oldest neighborhood, mixing lush bayfront estates and newer waterfront condos with older cottages and low-rise apartments under a dense tree canopy. The Grove’s village-style center at Cocowalk gives it a small-town feel minutes from Brickell.
Price character
Waterfront and canopy-lot homes sit in the top tier of Miami pricing; inland pockets are comparatively moderate.
Zip codes
Financing here
Conventional Loans
A conventional loan is a mortgage not insured by the government that follows Fannie Mae or Freddie Mac guidelines.
Jumbo Loans
A jumbo loan is a mortgage larger than the FHFA conforming loan limit for your county, used for higher-priced homes.
DSCR Loans
A DSCR loan is an investment-property mortgage that qualifies you on the property’s rental income divided by its monthly payment (the debt service coverage ratio).
Condo Loans
A condo loan is a mortgage on a unit in a condominium project, and approval depends on the building as well as the buyer.
FAQ
What is Coconut Grove known for?
Coconut Grove is Miami’s oldest neighborhood, mixing lush bayfront estates and newer waterfront condos with older cottages and low-rise apartments under a dense tree canopy. The Grove’s village-style center at Cocowalk gives it a small-town feel minutes from Brickell.
Who buys in Coconut Grove?
Boaters and waterfront seekers buy for marina and bay access; families buy for the schools and neighborhood feel. It also draws buyers who want established charm over new-tower density, plus condo investors near the waterfront.
What do homes cost in Coconut Grove?
Waterfront and canopy-lot homes sit in the top tier of Miami pricing; inland pockets are comparatively moderate. Get a quote based on the actual property, every block prices differently.