COCONUT GROVE REAL ESTATE INFORMATION


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COCONUT GROVE MARKET AS OF  JANUARY 2018

Status: Active (60) SINGLE FAMILY HOMES FOR SALE

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LA

LP$

LP$/SqFt

SP$

SP$/SqFt

DOM

 

Min

2

1

910

$323,000.00

$313.17

-

-

3

 

Max

11

10

8694

$5,995,000.00

$1,252.95

-

-

618

 

Avg

4

3

3214

$1,637,664.62

$539.29

-

-

173

 

Median

4

3

3267

$1,367,000.00

$521.25

-

-

133

 

Status: Active (59) CONDOMINIUMS FOR SALE

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LA

LP$

LP$/SqFt

SP$

SP$/SqFt

DOM

 

Min

1

1

514

$180,000.00

$296.56

-

-

11

 

Max

5

6

6476

$11,250,000.00

$1,737.18

-

-

921

 

Avg

3

3

2733

$2,681,311.81

$827.32

-

-

230

 

Median

3

3

2657

$2,449,000.00

$876.84

-

-

208

 

 

Status: Closed Sale (13) SOLD SINGLE FAM HOMES PAST 90 DAYS

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#FB

LA

LP$

LP$/SqFt

SP$

SP$/SqFt

DOM

SP$/LP$

Min

3

2

1590

$669,000.00

$400.90

$650,000.00

$349.89

.83

Max

5

5

4956

$2,300,000.00

$639.13

$2,205,000.00

$615.41

484

1

Avg

4

3

2781

$1,395,923.00

$493.91

$1,281,538.38

$457.10

139

.93

Median

4

3

2841

$1,299,999.00

$501.16

$1,190,000.00

$457.52

59

.95


Status: Closed Sale (8) SOLD CONDOS PAST 90 DAYS

#BEDS

#FB

LA

LP$

LP$/SqFt

SP$

SP$/SqFt

DOM

SP$/LP$

Min

2

1

850

$241,112.00

$283.66

$223,100.00

$262.47

5

.66

Max

5

6

5522

$12,500,000.00

$2,263.67

$8,250,000.00

$1,494.02

399

1

Avg

3

3

2929

$3,142,889.00

$896.12

$2,496,012.50

$743.51

157

.91

Median

3

3

2980

$1,894,500.00

$838.59

$1,840,000.00

$802.01

136

.94

 




The Grove is going thru a lot of expansion, new restaurants, new condominiums being built, updating and renovations to the Peacock Park, and the large renovation at Coco Walk mall, all of these renovations will increase its desirability to live in this Miami suburb which its characteristic for its vegetation and charming homes, most of which are Bay Front properties or water view/marina and, of course,  Grove desirable location just about 5 minutes of Brickell and Downtown Miami.

From its beginnings in 1800's  Coconut Grove a magical place has attracted tycoons, artists, writers, and musicians galore, eccentrics and free spirits.  Coconut Grove has also attracted  adventures.
Long before Miami ever existed, this tropical frontier village lured sailors and individualistic settlers into its quietly breathtaking natural setting with its wild sense of inspirational freedom.  Haven for inspirations for such luminaries as Tennessee Williams, Robert Frost and Alexander Graham Bell. 

Just south of Downtown and the Beaches sits boutique shops, eclectic restaurants and Miami's original art gallery district. Coconut Grove is best known for its lush green landscape bordered by the shimmering blue waters of Biscayne Bay.

Today, the village known to locals simply as "the Grove" is still a brilliant gem on the edge of the City of Miami.  Lots of new developments including restaurant,  remaking of parks and new condominiums, are part of the redevelopment of the Grove.  Cranes can be seen in the background as it evolves into a big city life.



Ana  L. Ordonez  CIPS TRC PMN REOS  PCMC
Ana L. Ordonez CIPS TRC PMN REOS PCMC
Lic. Real Estate Broker/Realtor