Coconut Grove Condos For Sale
Coconut Grove condos for sale
Here you will find comprehensive details of Coconut Grove Condos for sale. You can filter the search results with an array of specific criteria and viewing formats. On the right side of the page, you can search through different communities and explore the featured buildings. Catch up with the current neighborhood news by reading our blog articles.
The Grove Condo Market location
Coconut Grove is home to dozen of luxury condos. The Grove’s most desired condos are along South Bayshore Drive in North Coconut Grove. Coconut Grove waterfront condos offers superb views of the Biscayne Bay and the Coconut Grove Marinas (Grove Harbour Marina, Dinner Key Marina, and Grove Key Marina). With Coconut Grove’s superb walkability score, the Coconut Grove luxury condos are ideal if you like long strolls along the boulevard or towards Coconut Grove’s cozy core of Cocowalk.
What Condos make up the Coconut Grove Market?
Despite its desirability, this is predominantly a single-family home market with a limited supply of high-end condos. Approximately a dozen luxury condos exist along the prestigious South Bayshore Drive. The most sought-after luxury condos are Park Grove and Grove at Grand Bay. Condos sell anywhere from $1M to $30M. The luxury condo market in Coconut Grove is soon to get an injection of several new Condos over the next couple of years in the form of Mr. C Residences and Vita on Grove Isle.
Existing Coconut Grove Luxury Condos
The ultra-luxury market was non-existing before Park Grove and Grove at Grand Bay had been announced. These two condos are very luxurious and have been selling successfully as the demand for this product is high.
The Profile of Coconut Grove
The demographic of Coconut Grove has always been very different from that of the urban ‘Condo’ core, known as Brickell. The needs and wants of this crowd tend to focus on empty nester or family-orientated requirements. Most are buying for primary residents and not merely investors, making it a very stable market, resulting in a lack of turnover. Fewer condo flippers in this market make it more insulated prices steadily increases in the last few years.
Analyzing Coconut Grove
We are specialists in analyzing the local Coconut Grove market and regularly write reports with a deeper understanding of the values. We also provide a much-needed social narrative with essential neighborhood analysis and news. Please make sure to check out some of our other Coconut Grove links found on the right side filter of this page. Also, click the Analytics button at the top of the page to see our analysis page on Coconut Grove.
