Coconut Grove Waterfront Homes for Sale & Real Estate Listings

As of recent data, waterfront homes in Coconut Grove have a median listing price of approximately $2.3 million. Prices can vary significantly based on property size, location, amenities, and proximity to the bay. 

Coconut Grove offers a diverse range of waterfront properties, including single-family homes, luxury estates, and condominiums. Many of these properties provide direct bay access, private docks, and panoramic views of Biscayne Bay. For example, the exclusive VITA at Grove Isle features 65 condominium residences on a private island, expected to be completed by the end of 2025. 

Yes, Coconut Grove boasts several gated communities offering waterfront homes. One notable example is "The Moorings," a private guard-gated community featuring luxurious estates with direct bay access. A notable property in this community is a 6-bedroom, 6.5-bathroom estate spanning 6,268 sq ft, listed at $22.5 million.

Waterfront homes in Coconut Grove often come with a variety of upscale amenities, such as private docks, swimming pools, expansive terraces, and state-of-the-art appliances. Condominium residences may offer additional features like rooftop pools, fitness centers, concierge services, and private marinas. For instance, Mr. C Residences provides luxury living with amenities including a rooftop pool, bar, lounge, and a garden-level pool with cabanas.

The Coconut Grove real estate market for waterfront properties remains robust, with high demand due to the area's desirable location and lifestyle. Properties often stay on the market for an average of 107 days and may receive multiple offers. Staying updated with the latest market trends and listings is advisable for prospective buyers.

Yes, there are several new developments in Coconut Grove. For example, the VITA at Grove Isle is an exclusive waterfront sanctuary comprising 65 condominium residences on a private island, scheduled for completion by the end of 2025. 

When purchasing a waterfront home, consider factors such as:

• Flood Zones and Insurance: Understand the property's flood zone designation and ensure appropriate insurance coverage.

• Property Maintenance: Waterfront homes may require specific maintenance due to exposure to saltwater and humidity.

• Dock and Water Access: If boating is a priority, verify the condition and size of existing docks and ensure they meet your needs.

• Homeowners Association (HOA): Some communities have HOAs with specific guidelines and fees.

Consulting with Hidy Homes Team as expert can provide personalized insights based on your preferences.

While Coconut Grove is known for its luxury waterfront properties, there are options available at various price points. For instance, some waterfront condos are listed starting around $899,000. Exploring different property types, such as condominiums or townhomes, can offer more affordable waterfront living opportunities.