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What is the Best Coconut Grove Condo in 2025?
What are the Best Coconut Grove Condos for 2025? We are analysts specializing in highlighting the best condos and providing insights on why they stand out. If you are seeking luxury condos in Coconut Grove, this article is for you. Choosing the best condo in Coconut Grove is a personal decision, so we have divided this blog into two sections (resale and new construction condos) and offered several options. At the very end of this blog, you will also find a market update on the Coconut Grove condo market. This is where our expertise and knowledge come into play. Our opinions are rarely formed without statistical data or insider market knowledge. For a more detailed discussion, feel free to call me at 305-508-0899.
What is the Best Condo in Coconut Grove in 2025?
Here is a quick overview of the best condo, for more information about these residences, keep scrolling.
| Existing Condos | ||||
| Name | Amount of Units | Sizes | Average Asking Price per SF | Search for Units for Sale |
| Park Grove | Tower 1: 64 | 2-4 Bedrooms | $2,500 | One Park Grove |
| Tower 2: 90 | 2-4 Bedrooms | $1,700 | Park Grove Tower 2 | |
| Grove at Grand Bay | 96 | 2-5 | $1,750 | Grove at Grand Bay |
| Grovenor House | 166 | 2-5 | $1,500 | Grovenor House |
| MR C Residences | Bayshore Tower: 112 | 1-4 Bedrooms | $2,200 | Mr C Bayshore Residences |
| Tigertail Tower: 138 | 1-4 Bedrooms | $2,000 | Mr C Tigertail Residences | |
| New Construction Condos | ||||
| VITA | 65 | 3-5 | $2,300 | More Information |
| Four Seasons Private Residences | 72 | 2-5 | $4,000 | More Information |
THE BEST RESALE (EXISTING) CONDOS IN COCONUT GROVE IN 2025
Park Grove
The Park Grove project is always on our top 10 list in Miami and is an absolute favorite of mine; particularly the first and second towers. These towers are highly sought after for their well-designed floor plans, superb finishes, great views, and excellent services and amenities. The smallest floor plan here offers 2 bedrooms and just over 2,000 SF with spectacular views. Tower 1, closest to the bay, is the most desired among buyers, with high demand for Park Grove units. Unfortunately for buyers, it is hard to get a foot into this building as not often a unit comes to market, let alone a unit in one of the more desired corner units (a or d floor plans). Many units are treaded off the market and agents like myself often reach out to check in with sellers to see if they are willing to sell We get lucky once in a while.
Grove at Grand Bay
Another highly desirable option is Grove at Grand Bay. This OMA-designed condo features spectacular architecture, spacious floor plans, and excellent amenities. The project comprises two towers with mesmerizing views of the bay and the marina and is a well-performing property. Most of the floor plans are larger 3 and 4 bedrooms and the condo has shown great performance since its creation in 2016.
Grovenor House
Despite being an older condo built in 2006, Grovenor House remains highly sought after by buyers. The building is well-managed and has shown steady performance over the past decade. It stands out for its excellent views, good floor plans, prime location, and great amenities, including a nice gym, tennis court, large pool, and easy parking. The corner units, 01 and 02 are the preferred lines as these are large 4,000 SF+ 4 or even 5 bedroom-residences.
Mr C Residences
Mr C Residences both the Tigertail and the Bayshore Tower were delivered in the summer of 2024 and offer 1 to 4-bedroom residences. This is the newest luxury condo in the Grove since One Park Grove was delivered in 2020. The condo brings European flair and Cipriano’s 5-star service to the Grove. As more and more units will be delivered we will see some resale units drip into the market. This is the perfect condo when you are looking for a smaller pied-a-terre in Miami with just 1 or 2 bedrooms while some of the larger units (01, 02 or 02B) will work perfectly for those looking for a primary residence.
THE BEST NEW CONSTRUCTION CONDOS
Vita on Grove Isle
Vita offers functional floor plans with spacious balconies and stunning views. Located on a gated island near Coconut Grove, one of Miami’s safest and most desirable neighborhoods, all units feature water views, with some also offering city or skyline views. Vita stands out for its exceptional finishes, providing 3+ bedroom units that can serve as single-family homes. The absence of smaller units suggests a primary residential nature with fewer rentals, appealing to families. Vita is expected to deliver its residences in 2025.
The Four Seasons Private Residences in Coconut Grove
Located in the highly desirable Coconut Grove, these Four Seasons-branded residences offer spacious layouts and breathtaking bay views. Though lacking a hotel component, they benefit from Four Seasons services, ensuring high standards. Hospitality-branded condos typically perform well, and the development team has a strong reputation, with Ugo Colombo’s CMC known for innovation and Fort Partners’ successful track record with Four Seasons in Surfside. These residences are ideal for those seeking privacy and security, this condo development emphasizes buyer confidentiality. The most desirable units are expected to be the large corner residences (’01 or ’02 line). The Four Seasons is expected to deliver in 2027
THE PERFORMANCE OF THE COCONUT GROVE CONDO MARKET
Miami’s best-performing condo market and number 3 market overall. See the entire overview and article here.
In case you wonder why there is such limited inventory; the answer is: the demand is too high. The Grove is Miami’s strongest and fastest-appreciating condo market. The Coconut Grove condo market is just 10% of the total Grove market and with its large units, central location and excellent lifestyle there is a large demand for these condo residences with limited new products coming to market With just 6 months of inventory this is still strong seller’s market (Click here to follow the Grove’s Condo market stats)
The evolution of the Coconut Grove condo market in the last decade is taken from our Condo Geeks analytical software that helps us track the market and compare the different condos in performance over time.
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We take a look at the Best Coconut Grove Luxury Condos in 3 categories!
If you are looking for Coconut Grove luxury condos this is the article for you. Of course the best condo is Coconut Grove is a very personal matter. Therefore we divided this blog into three different sections and provided you with several options. This is where our expertise and knowledge comes in. We rarely form an opinion without basing it of statistical data or ‘inside market knowledge’. As always give me a call for a more granular chat! Tel: 305 508 0899
About the Coconut Grove Condo Market
Coconut Grove luxury condos are more commonly used by primary residents than in any other Miami neighborhood. This results in a steady performance of the Coconut Grove buildings. Depicted above is the Coconut Grove condo market performance over that last decade, which shows a steady value increase. This screenshot was taken from our condo geeks software. This software allows you to track a condo’s historic performance and to compare condos or condo market to one another.
The very first building that I visited over a decade ago in Miami was ‘Grove Hill‘ – at the time probably the best condo in Coconut Grove. I sat on my now wife’s terrace and marveled over the superb view of the marina and bay and enjoyed the fact I could walk over the road to ‘Fresh Market’ arguably the nicest supermarket in Miami. Coming from the UK it was to me quite magical.
The market has come along way since then and many new Coconut Grove condo’s have made their way into this neighborhood that was and still is dominated by the presence of single family homes.
The demographic and dynamic of Coconut Grove has always been very different to that of the urban ‘Condo’ core (Brickell, Downtown and now the emerging Edgewater neighborhood) as well as the South Beach and Miami Beach Condo market. The ‘needs and wants’ of the population tend to focus on more ‘laid back’ and / or family orientated requirements.
The Grove have superb parks (Kennedy Park is the main one) and the population is fewer renters and far more permanent property owners (Primary owners). The age of inhabitants tends to be more 30’s and up as opposed to Brickell’s 20 something population, and this understandably shows when you look at the local affluence. With this in mind all these factors have made for a far more robust market.
What is the Best Condo in Coconut Grove?
What is the Best New Construction Condo in Coconut Grove?
The best new construction condo is Vita Grove Isles. This is actually an easy one to answer, because that is currently the only Coconut Grove condo under construction.
Vita in Grove Isle ticks all the boxes of a luxury condo. It is located on Grove Isle, which is a private island just 2 minutes away from Bayshore Dr. The Island will be completely revamped by the developer incl. a new seawall. The Vita project offers amazing floor plans with high ceilings, deep balconies and the best of finishes. This project truly exceeded my expectation when it comes to finishes. Amenties are of course what one can expect from a truly luxury condo in Miami. The views from the island are spectacular and given the island location there will not be any obstructions in the near future. For more information on why this project stands out please click here.
Our Choice: VITA GROVE ISLE
What is the Best ‘Resale’ Condo in Coconut Grove?
Coconut Grove offers a handful of luxury resale condos. First of all the newer One Park Grove and Park Grove Tower Two. These are two very well performing condo towers with well-considered floor plans, superb finishes, great views and excellent services and amenities. Tower 1 is closest to the bay and most desired with buyers. Demand for Park Grove units for sale is very high.
Another very desired product is Grove at Grand Bay. This OMA-designed condo offers spectacular architecture, spacious floor plans and great amenities. The project offers two towers with mesmerizing views over the bay and the marina. Also a very well performing condo.
Finally Grovenor House. This is an older condo that is still very much desired with buyers. This 2006 construction is well managed and has shown a steady performance in the last decade. Where the building shines is the excellent views, good floor plans ,location and amenities which are very good: nice gym, tennis, big pool, easy parking.
Our Choice: Park Grove Tower 1
What is the best Boutique Condo in Coconut Grove?
Residences at Vizcaya is located at 3535 Hiawatha Ave, Coconut Grove. The location is just off South Bayshore Rd but set back far enough to not be disturbed by busy traffic. This boutique Condo was developed by G3 Construction and funded by the Bimbo family (most famously known as the Mexican Bakery giants). This Condo built in 2010 is rather unit for the very small number of units it has (just 18). All units are size able. In fact the smallest is around 2700 sqft.
What is striking about the residences at Vizcaya is that only a handful of residences reside full time in the building and most owners have a unit as second or third home. So, its always very very quiet – you may never see a soul using the pool. Many through flow and very large units, some with jacuzzi’s on the terrace and almost all with summer kitchens. This Condo makes owners feel like they are living in a house on the water. These residences belong to one of the best luxury Coconut Grove buildings.
Our Choice: Residences at Vizcaya
FAQ
These are the most commonly Miami Real Estate Related questions
What should relocation buyers know before buying real estate in Miami?
HOME BUYERS
Relocation buyers looking at homes in Miami should understand that choosing the right house is less about the property itself and more about location, schools, and long-term value. Many buyers make the mistake of focusing on price or finishes, while the real driver of value is the neighborhood and micro-location. Older homes often represent better value, but may also be part of a future redevelopment cycle. Newer homes command premiums, but don’t always sell faster if pricing is ahead of the market. Commute time, school access, and community dynamics are critical and often underestimated. The key is to evaluate homes not just as lifestyle purchases, but as long-term assets within a very localized market.
Sources:
https://luxlifemiamiblog.com/relocating-to-miami/
https://luxlifemiamiblog.com/relocating-to-miami-with-a-family/
CONDO BUYERS:
Relocation buyers should understand that Miami is a highly segmented, building-driven market, not a uniform one. Pricing can vary significantly between similar properties depending on building quality, layout, and financial health. Many buyers assume newer construction equals better investment, but that is often not the case. Factors like HOA fees, reserves, and rental policies can materially impact long-term value and liquidity. Negotiation opportunities often exist, especially in slower segments, but require precise market knowledge. The key is to evaluate micro-markets and individual buildings, not just neighborhoods or price per square foot.
Sources:
https://luxlifemiamiblog.com/miami-real-estate-market-report/
https://luxlifemiamiblog.com/new-construction-miami-guide/
What are the best areas for relocating families with children
For families relocating to Miami with young children, the most recommended neighborhoods are Coral Gables, Coconut Grove, and Pinecrest. Coral Gables offers the best balance of top schools, safety, and long-term value. Coconut Grove is ideal for younger families seeking walkability, greenery, and a lifestyle-driven environment. Pinecrest provides larger homes, excellent schools, and better value for space, making it ideal for growing families. The key driver across all three is access to strong schools and primary residential stability. Relocation decisions are less about new construction and more about long-term livability and resale strength.
Sources:
https://luxlifemiamiblog.com/best-neighborhoods-miami/
https://luxlifemiamiblog.com/what-are-the-best-family-neighborhoods-in-miami-in-2023/
Are new construction condos in Miami a good investment?
New construction condos in Miami can be a good investment—but only if you understand that not all buildings perform the same. According to the David Siddons Group, many buyers assume “new = better,” but in reality, performance depends on pricing, layout, building quality, and long-term demand. Some new developments set future price benchmarks and can drive long-term appreciation, especially in top-tier projects. However, many are priced aggressively at launch, and buyers relying on marketing instead of data often overpay.
The market is highly segmented, meaning two new buildings next to each other can perform very differently.
The best opportunities typically come from selecting the right building early or negotiating correctly in later phases.
In short: new construction is not automatically a good investment—it becomes one only with building-level analysis and disciplined entry pricing.
Sources:
https://luxlifemiamiblog.com/how-to-buy-a-luxury-condo-in-miami/
https://luxlifemiamiblog.com/category/independent-new-construction-condo-reviews/
https://luxlifemiamiblog.com/beyond-clickbait-real-insights-into-miamis-luxury-condo-market/
Why is buying a Miami condo riskier than buyers think?
Buying a Miami condo is often riskier than buyers expect because the true risks are at the building level—not visible in the listing price. Many buyers focus on finishes and views, while overlooking HOA reserves, insurance exposure, and potential special assessments. In reality, two identical units in different buildings can perform completely differently over time. Rising HOA fees and stricter regulations are also increasing the true cost of ownership, especially in older buildings. Liquidity can be affected by factors like financial health, rental policies, and ongoing repairs. The key risk is not the condo itself—but buying into the wrong building without proper due diligence.
Sources:
https://luxlifemiamiblog.com/how-to-buy-a-luxury-condo-in-miami/
https://luxlifemiamiblog.com/miami-condo-market-risks/
What are Miami's Safest Areas?
Which Miami Areas Still offer Great Value (Budget Friendly alternatives to Coral Gables and Pinecrest)
If you’re looking for better value than Coral Gables or Pinecrest, the answer (in true Siddons style) is not “go cheaper”—it’s go one layer outside the obvious markets.
The strongest value plays are:
- Schenley Park → closest substitute to Coral Gables at ~20% discount while maintaining similar character and location
- Biltmore Heights → almost identical feel to the Gables but ~25–30% cheaper on a $/SF basis
- Glenvar Heights → central location with larger lots and ~25% pricing advantage vs South Miami/Gables
- Baptist / Galloway (Kendall) → Pinecrest-style living (space, schools, land) at up to ~30% lower pricing
The pattern is consistent:
👉 Buyers are shifting west and slightly off-market to gain land, scale, and pricing efficiency. You don’t find value by going to a “cheaper neighborhood”—you find it by identifying adjacent micro-markets that offer the same lifestyle fundamentals without the brand premium.
Sources:
https://luxlifemiamiblog.com/best-value-neighborhoods-miami/
https://luxlifemiamiblog.com/category/miami-neighborhoods/
Is NOW a good time to buy in Miami?
Are Miami real estate prices going down in 2026?
No—but that’s the wrong way to look at it. Miami is not one market anymore, so prices are not moving in one direction. In 2026, the market is split into two: ultra-luxury, scarcity-driven areas (like waterfront and top-tier neighborhoods) are still holding or even rising, while mid-tier condos and oversupplied segments are flat or correcting. What we’re seeing is price divergence, not a crash—some properties are gaining value while others are quietly adjusting downward. Rising inventory and more selective buyers are putting pressure on pricing in certain segments, especially older condos or buildings with weaker fundamentals.
At the same time, global wealth and cash buyers continue to support pricing at the top end of the market. So the real answer: prices aren’t broadly dropping—they’re being repriced based on quality, location, and supply.
Should I buy a house or a condo when relocating to Miami?
The decision comes down to lifestyle first, investment second—and most relocation buyers get that backwards. If you want space, privacy, schools, and long-term family living, a single-family home in areas like Coral Gables or Coconut Grove is typically the stronger choice. If you prioritize walkability, low maintenance, and proximity to business districts, a condo in Brickell or waterfront markets makes more sense.
From an investment perspective, homes tend to be more stable, while condos are more building-dependent and cyclical. Most relocation clients underestimate how much building quality, HOA structure, and future costs impact condo performance. The right answer isn’t “house vs condo”—it’s which asset fits your lifestyle AND holds value within its micro-market.
How do I choose the right Miami neighborhood for my lifestyle?
Why are Miami condo prices so different between buildings?
Miami condo pricing varies widely because value is determined at the building level, not just by location. Two buildings next to each other can have major differences in financial health, reserves, HOA fees, and management quality. Buyers also pay premiums for better layouts, views, amenities, and newer construction—but not all “new” buildings perform equally. Factors like rental policies, upcoming assessments, and building reputation can significantly impact resale value. This is why price per square foot alone is misleading in Miami’s condo market. The real driver of value is how that specific building competes within its micro-market over time.
Sources:
https://luxlifemiamiblog.com/how-to-buy-a-luxury-condo-in-miami/
https://luxlifemiamiblog.com/category/independent-new-construction-condo-reviews/
WHY WORK WITH DAVID? THINGS YOU SHOULD KNOW...
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