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Coconut Grove

Why you'd want to live in Coconut Grove

Several waves of immigration established Coconut Grove, the first in 1825, when the Cape Florida lighthouse went into operation and was manned by John Dubose. Dr. Horace P. Porter is credited for coming up with the name when in 1873 he rented a home from Edmond D. Beasley’s widow, who homesteaded 160 acres of bay front property. He lived there for only a year but during that time he established a post office which he named Coconut Grove. Around the same time the area saw an influx of Americans from the Northeastern US, as well as British and white Bahamian immigrants. The first hotel on the South Florida mainland was located in Coconut Grove. Called the Bay View Inn (later known as the Peacock Inn), it was built in 1882, on the site of present-day Peacock Park, by English immigrants Isabella and Charles Peacock, who had been the owner of a wholesale meat business in London. Coconut Grove's first black settlement, in the 1880s, was established by Bahamian laborers who worked at the Peacock Inn.The Barnacle Historic State Park is the oldest house in Miami-Dade County still standing in its original location. It was built in 1891 and was home to Ralph Middleton Munroe, also known as "The Commodore" for being the first commodore and founder of the Biscayne Bay Yacht Club, an American yacht designer and early resident of Coconut Grove. Formerly an independent city, Coconut Grove was annexed by the city of Miami in 1925.[In the 1960s, bay-shore Coconut Grove served as the center of South Florida's youth countercultural movement, notably hosting several love-ins and concerts (including a now-infamous Doors concert at Dinner Key Auditorium) during the latter part of the decade. via Wikipedia

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Coconut Grove Market Report











Average Home

Average Price $3,453,164
Avg Bedrooms 3.17 beds
Avg Bathrooms 3.37 baths

Average Price by Bedrooms

1 bedroom $519,500
2 bedrooms $1,929,105
3 bedrooms $3,051,216
4 bedrooms $3,008,119
5 bedrooms $4,981,273
Coconut Grove Home Price Trends
  6/2024 5/2024 4/2024 3/2024 2/2024
Total Listings 80 75 61 60 56
Average Price $3,436,206 $3,205,843 $3,231,457 $3,058,751 $2,931,797
Avg Price Change +7.19% -0.80% +5.65% +4.33% -4.21%
Median Price $2,578,056 $2,414,097 $2,060,708 $1,935,111 $1,940,322
Med Price Change +6.79% +17.15% +6.49% -0.27% -4.15%
Avg Bedrooms 3.12 beds 3.18 beds 2.87 beds 2.91 beds 2.96 beds
Avg Bathrooms 3.38 baths 3.5 baths 3.25 baths 3.3 baths 3.42 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Coral Gables 21 $4,478,762 82 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 70 $3,453,164 90 days
Multi-Million Dollar Homes 62 $3,863,080 95 days
Newly Built Homes 28 $2,856,498 79 days
Homes with a Pool 20 $4,424,650 68 days
Reduced Price Homes 2 $2,075,000 34 days
Julie's Realty LLC
1700 79th Street Causeway, Suite 160
North Bay Village, FL 33141

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