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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

$1,804,196

AVERAGE PRICE OF 167 HOMES

$2,686,594

AVERAGE PRICE OF 94 MULTI-MILLION DOLLAR HOMES

$2,389,673

AVERAGE PRICE OF 52 NEWLY BUILT HOMES

$1,832,525

AVERAGE PRICE OF 32 HOMES WITH A POOL

$1,338,429

AVERAGE PRICE OF 7 REDUCED PRICE HOMES

Average Home

Average Price $1,804,196
Avg Bedrooms 2.92 beds
Avg Bathrooms 3.32 baths

Average Price by Bedrooms

1 bedroom $442,100
2 bedrooms $876,612
3 bedrooms $1,753,267
4 bedrooms $2,595,897
5 bedrooms $3,254,411
Coconut Grove Home Price Trends
  6/2019 5/2019 4/2019 3/2019 2/2019
Total Listings 171 174 179 171 179
Average Price $1,867,616 $1,904,725 $1,896,112 $1,932,490 $1,932,331
Avg Price Change -1.99% +0.45% -1.92% +0.01% -0.89%
Median Price $1,293,661 $1,276,535 $1,265,920 $1,277,822 $1,302,320
Med Price Change +1.34% +0.84% -0.94% -1.92% -2.49%
Avg Bedrooms 3.07 beds 3 beds 2.99 beds 3.06 beds 3.01 beds
Avg Bathrooms 3.49 baths 3.41 baths 3.45 baths 3.51 baths 3.48 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Coral Gables 35 $1,351,823 222 days
Coral Glades High 8 $2,027,625 185 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 167 $1,804,196 193 days
Multi-Million Dollar Homes 94 $2,686,594 210 days
Newly Built Homes 52 $2,389,673 242 days
Homes with a Pool 32 $1,832,525 197 days
Reduced Price Homes 7 $1,338,429 272 days

School Data

Highly Rated Coconut Grove Schools

8

COCONUT GROVE ELEMENTARY SCHOOL
Elementary School
Public

8

CORAL COVE ELEMENTARY SCHOOL
Elementary School
Public

9

AIR BASE ELEMENTARY SCHOOL
Middle School
Public

8

SOUTH MIAMI K-8 CENTER
Middle School
Public

10

SOUTH MIAMI MIDDLE SCHOOL
Middle School
Public

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

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.