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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

$1,976,275

AVERAGE PRICE OF 177 HOMES

$2,774,260

AVERAGE PRICE OF 112 MULTI-MILLION DOLLAR HOMES

$2,871,416

AVERAGE PRICE OF 56 NEWLY BUILT HOMES

$2,333,524

AVERAGE PRICE OF 42 HOMES WITH A POOL

$1,952,617

AVERAGE PRICE OF 76 REDUCED PRICE HOMES

Average Home

Average Price $1,976,275
Avg Bedrooms 3.19 beds
Avg Bathrooms 3.6 baths

Average Price by Bedrooms

1 bedroom $382,098
2 bedrooms $1,075,323
3 bedrooms $1,616,567
4 bedrooms $2,114,977
5 bedrooms $3,882,917
Coconut Grove Home Price Trends
  4/2018 3/2018 2/2018 1/2018 12/2017
Total Listings n/a 194 198 178 181
Average Price n/a $1,913,688 $1,807,566 $1,830,957 $1,898,851
Avg Price Change n/a +5.87% -1.29% -3.71% -2.82%
Median Price n/a $1,300,121 $1,256,951 $1,235,843 $1,275,007
Med Price Change n/a +3.43% +1.71% -3.17% +1.21%
Avg Bedrooms n/a 3 beds 3 beds 3 beds 3 beds
Avg Bathrooms n/a 3.74 baths 3.74 baths 3.77 baths 3.82 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Market
Coral Gables 34 $2,015,000 159 days
Coral Glades High 2 $1,020,000 193 days
Miami Senior 1 $795,000 48 days
Robert Morgan Edu Ctr 1 $505,000 32 days
Home Price by House Size
Total Homes Average Price Avg Days on Market
All Homes 177 $1,976,275 133 days
Multi-Million Dollar Homes 112 $2,774,260 131 days
Newly Built Homes 56 $2,871,416 157 days
Homes with a Pool 42 $2,333,524 132 days
Reduced Price Homes 76 $1,952,617 178 days

School Data

Highly Rated Coconut Grove Schools

8

COCONUT GROVE ELEMENTARY SCHOOL
Elementary School
Public

Julie's Realty LLC
Julie Sidorevskaya
1700 Kennedy Causeway #160 North Bay Village, FL 33141
305-340-1857

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The multiple listing information is provided by MIAMI Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listingare © 2018 MIAMI Association of Realtors®. All Rights Reserved.
The information provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.