Coconut Grove Real Estate

Coconut Grove is the oldest continuously inhabited neighborhood of Miami in Miami-Dade County, Florida, United States. The neighborhood is roughly bound by North Prospect Drive to the south, LeJeune Road to the west, South Dixie Highway (US 1) and Rickenbacker Causeway to the north, and Biscayne Bay to the east.[1] It is south of the neighborhoods of Brickell and The Roads and east of Coral Gables. The neighborhood's name has been sometimes spelled "Cocoanut Grove" but the definitive spelling "Coconut Grove" was established when the city was incorporated in 1919.[2]

What is today referred to as Coconut Grove was formed in 1925 when the city of Miami annexed two areas of about equal size, the city of Coconut Grove and most of the town of Silver Bluff. Coconut Grove approximately corresponds to the same area as the 33133 ZIP Code although the ZIP Code includes parts of Coral Way and Coral Gables[3] and a small portion of ZIP Code 33129.[4] The area is often referred to by locals as "The Grove."

Coconut Grove - Town vs. County Stats

Avg Price in Coconut Grove: $3,335,200 / County Avg $1,848,900

180%

Avg Taxes in Coconut Grove: $22,500 / County Avg $13,700

164%

Avg Sq. Ft. in Coconut Grove: 2,868 / County Avg 1,856

155%

Avg Price per/sqft in Coconut Grove:$1163 / County Avg $996

117%

Avg Walkscore in Coconut Grove: 75 / County Avg 63

119%

Avg Year Built in Coconut Grove: 1985 / County Avg 1985

100%

Avg Days on Website in Coconut Grove: 111 / County Avg 120

93%

Coconut Grove Real Estate Market Health

New Listings
Reductions
Foreclosures
Short Sales
Areas in Coconut Grove FL
41
Neighborhoods in Coconut Grove FL
BAY HEIGHTS 1ST ADDN
KINGSWAY