The 5 Most Luxurious Condos in Coconut Grove, Ranked by Price Per Square Foot

Coconut Grove is Miami's oldest continuously inhabited neighborhood, and it has quietly become one of the city's most coveted luxury markets — without ever surrendering its character. "The Grove" trades the glass-canyon density of Brickell and the high-rise wall of the beaches for shady banyan canopies, sailboats bobbing in Biscayne Bay, peacocks in the parks, and a walkable, café-driven village. When luxury development finally arrived here, it came with serious architectural ambition: a roster of buildings designed by Pritzker Prize winners and the most acclaimed firms working in Miami.

This guide ranks the most luxurious condos in Coconut Grove by average list price per square foot — drawn from our own live building data at the time of publishing — with our read on each building's architecture, developer, floor plans, and amenities. We close with the wellness-branded tower about to join the skyline and a quick take on the Grove's sailing, dining, and parks.

Why Choose Coconut Grove?

The Grove's appeal is its rare combination of history, nature, and the water. Founded in the 1800s with deep Bahamian roots, it remains lush and low-slung where it counts — leafy streets, pocket parks, and the bayfront — even as the luxury towers have risen along South Bayshore Drive.

It is also, by many accounts, the sailing capital of Miami. The neighborhood is ringed by marinas and yacht clubs: Dinner Key Marina (one of Florida's largest wet-slip marinas), Grove Harbour Marina, the Coconut Grove Sailing Club, the Biscayne Bay Yacht Club, and the Coral Reef Yacht Club. For boat owners and sailors, few Miami neighborhoods offer this much water access in one place.

Day to day, the Grove pairs that natural setting with a genuine village. CocoWalk anchors open-air shopping and dining with a luxury cinema; the restaurant scene runs from MICHELIN-starred Los Felix and Ariete to the bayfront Bayshore Club. Cultural landmarks like the Vizcaya Museum & Gardens and The Barnacle Historic State Park sit minutes away. It's a neighborhood people fall in love with for the lifestyle first — for the contrast with its inland neighbor, see our Coconut Grove vs. Coral Gables guide.

The Quick Comparison

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Price-per-square-foot figures are research-based averages from our live listing data at publication, blended across towers for multi-building developments. They move with the market and with whichever residences happen to be listed — treat them as a relative gauge, not a quote.

5. Grovenor House — The Bayfront Original

Grovenor House is the building that arguably introduced modern high-rise luxury to the Coconut Grove bayfront — a 32-story tower at 2627 S Bayshore Drive, completed in 2006 by Ugo Colombo's CMC Group, the same developer behind Brickell Flatiron and, two decades later, Vita at Grove Isle. With 166 residences on a 3.5-acre bayfront parcel directly across from the Dinner Key Marina, it set the template for the towers that followed.

The residences were built to a standard that still reads as luxury today: private elevator access into the homes, floor-to-ceiling glass walls opening onto terraces over Biscayne Bay, and two-story penthouses with private pools crowning the tower. The bayfront siting delivers wide, open-water and marina views that newer inland Grove towers can't always match, and the building's scale gives it a deeper, more liquid resale market than the boutique newcomers.

The amenity package holds up against far newer buildings: an infinity-edge pool with a wet bar and private cabanas, a state-of-the-art fitness center, a tennis court, and a children's playground, all backed by concierge and valet. Grovenor House also pioneered a touchpad concierge system — the "Grovenor Link" — for booking restaurant reservations, cinema tickets, and building services, an early version of the digital-concierge features now standard in new luxury construction.

Two decades on, its location remains its trump card: walking distance to CocoWalk, Monty's, the Fresh Market, and the marina, with a proven HOA history that increasingly matters to buyers evaluating older waterfront buildings.

Best for: buyers who want an established bayfront building with wide open-water views, large residences, and a walk-everywhere Grove location at the most accessible per-foot entry on this list.

4. Mr. C Residences — The Cipriani Name on Bayshore

Mr. C Residences brought one of the most storied names in hospitality to Coconut Grove — a 21-story tower at 2655 S Bayshore Drive, completed in 2024, conceived by Ignazio and Maggio Cipriani, the fourth generation of the Cipriani family, in partnership with David Martin's Terra Group. The Mr. C brand — with hotels in Beverly Hills and New York's Seaport — translates the family's century of Italian hospitality into a residential building.

Designed by Arquitectonica with interiors by Meyer Davis, the tower holds 95 residences spanning one- to five-bedroom layouts, including five-bedroom penthouses, two of which feature expansive private rooftops with pools. The finish level is unmistakably Cipriani: 11- and 12-foot ceilings, floor-to-ceiling windows, European porcelain flooring, and custom Italian kitchens by ItalKraft carried through every residence.

What sets Mr. C apart is the layering of hospitality service onto a relatively boutique building. Residents get 24-hour concierge alongside a signature café and specialty gourmet market at the base — an everyday extension of the Cipriani dining legacy — plus a wellness lounge and juice bar. It's a smaller, more intimate building than the multi-tower developments up the street, which is part of the appeal for buyers who want a branded residence without the scale of a 250-unit complex.

As one of the newest deliveries in the Grove, Mr. C offers fresh construction, current building systems, and the kind of name recognition that tends to support long-term value.

Best for: buyers who want a brand-new, boutique branded residence with Cipriani hospitality, Italian finishes, and a ground-floor café and market.

3. Grove at Grand Bay — Bjarke Ingels' Twisting Towers

Grove at Grand Bay is the most architecturally famous building in Coconut Grove — and one of the most recognizable in all of Miami. Completed in 2016 at 2669 S Bayshore Drive, it was Bjarke Ingels Group's (BIG) first condominium project in the United States, developed by Terra, with structural collaboration from Nichols Brosch Wurst Wolfe and landscaping by the celebrated Raymond Jungles.

The design is the headline: twin 20-story towers that each twist 38 degrees as they rise, sheathed in bands of glass — described at completion as the tallest twisting structures in the Western Hemisphere. The twist isn't just sculpture; it rotates each floor to optimize Biscayne Bay views and shade the 12-foot-deep wraparound terraces that ring every residence, creating genuine outdoor rooms in the sky.

With only 98 residences across the two towers, Grove at Grand Bay is intentionally exclusive. Floor plans run from roughly 1,300 square feet up to a 10,000-square-foot full-floor penthouse with an additional 5,000 square feet of outdoor space, a rooftop terrace, and a private pool. Amenities match the architecture: rooftop pools for each tower, a five-star spa and fitness center, full-time concierge and butler service, a private residents' dining room, and a pet spa.

Nearly a decade after delivery, it remains the design benchmark of the Grove — the building most often photographed, and the one that signaled the neighborhood had arrived as a destination for world-class architecture.

Best for: buyers who want iconic, collectible architecture, deep wraparound terraces, and butler-serviced living in one of Miami's most recognizable towers.

2. Vita at Grove Isle — The Private-Island Newcomer

Vita at Grove Isle is the Grove's newest ultra-luxury address — and one of its most exclusive. Completed in December 2025 by Ugo Colombo's CMC Group, it sits on the 20-acre gated private island of Grove Isle, just offshore from mainland Coconut Grove and reached by a single private bridge through a security-staffed gatehouse. It was the only new luxury condominium to deliver in Coconut Grove in 2025, which gives it real scarcity value.

Vita is a 7-story boutique development of just 65 residences, organized as three connected buildings — Mare, Luce, and Sole — designed as a single cohesive composition. The crown is a collection of 12 two-story penthouses, each with a private rooftop terrace, swimming pool, summer kitchen, and ceiling heights up to 11 feet. Across the building, the emphasis is on light, water, and low density: a private-island setting with only 65 owners is about as rare as Coconut Grove living gets.

The amenity program is resort-grade: a bayfront pool with a poolside bar and lounge, a state-of-the-art fitness center, a full-service spa, lighted tennis, pickleball, and padel courts, a children's playground, and a gourmet restaurant and bar. Services include 24/7 concierge and valet, a dedicated digital-concierge app, and private garages with EV charging. Remaining inventory has been priced from roughly $6.5 million, with a two-story penthouse asking around $22 million.

Best for: buyers who want brand-new construction, private-island gating, and boutique low-density living with full resort amenities — the newest trophy in the Grove.

1. Park Grove — The OMA-Designed Enclave

At the top of the Coconut Grove market sits Park Grove — a three-tower residential enclave at 2821 S Bayshore Drive designed by OMA, the Pritzker Prize-winning firm founded by Rem Koolhaas, with the project led by OMA partner Shohei Shigematsu. Developed jointly by Terra and the Related Group and delivered between roughly 2018 and 2020, it represents the most ambitious assembly of design, scale, and amenity in the neighborhood.

The development comprises 271 residences across three towers — One Park Grove (68 units), Two Park Grove (73 units), and the Club Residences (132 units). OMA conceived the towers as "barrier islands," each independent yet linked, with faceted exterior columns inspired by palm trees that block sun and glare while framing Biscayne Bay. Interiors were executed by Meyer Davis, and the residences emphasize light, flow, and indoor-outdoor living with deep terraces and floor-to-ceiling glass.

The amenity program spans more than 50,000 square feet: a full-service spa and wellness center with private treatment rooms, wine-tasting rooms with private storage, a 28-seat private screening room, and a 500-foot pool deck threaded through landscaped grounds. On the ground floor, residents have Tigertail + Mary, the vegetable-forward restaurant from acclaimed Miami chef Michael Schwartz — a genuine neighborhood dining destination, not just a building amenity.

The combination of OMA architecture, a 50,000-square-foot amenity program, a destination restaurant, and a prime South Bayshore Drive position keeps Park Grove at the top of the Grove's per-foot pricing — the address most buyers benchmark the neighborhood against.

Best for: buyers who want Pritzker-pedigree architecture, the deepest amenity program in the Grove, and a three-tower enclave with a destination restaurant at the door.

What's Next: The Well Coconut Grove

The Grove's most anticipated pre-construction project leans into the neighborhood's wellness-and-nature identity. The Well Coconut Grove — a partnership between Terra and the wellness brand The Well, designed by Arquitectonica with interiors by Meyer Davis — will bring 194 residences across eight floors at 2835 Tigertail Avenue, with one- to four-bedroom homes from roughly 960 to 4,200 square feet, priced from about $1.5 million. Targeted to open around Q1 2028, its centerpiece is a 40,000-square-foot Rooftop Wellness Oasis with a resident pool, hot and cold plunges, cabanas, and a pickleball court, plus a tea garden, an aperitif bar, a coworking conservatory with IV therapy, and in-residence "Wellness Dens" for meditation and recovery. It's the building to watch for buyers who want a health-forward residence in the Grove.

Sailing, Dining & Parks in Coconut Grove

The Grove's lifestyle is as much a draw as any building:

• Marinas & sailing — Dinner Key Marina, Grove Harbour Marina, and the Coconut Grove Sailing, Biscayne Bay Yacht, and Coral Reef Yacht Clubs make this Miami's sailing capital
• CocoWalk — open-air shopping and dining with a luxury cinema at the heart of the village
• Dining — MICHELIN-starred Los Felix and Ariete, plus the bayfront Bayshore Club and Monty's Raw Bar
• Vizcaya & parks — the Vizcaya Museum & Gardens, The Barnacle Historic State Park, and Peacock Park along the water

The Bottom Line

Coconut Grove rewards buyers who want architecture, nature, and the water in one place — a leafy, historic, sailing-centric village with a luxury tower roster that punches far above the neighborhood's mellow reputation. Each building at the top makes a distinct case:

• Park Grove for OMA architecture and the deepest amenity program in the Grove
• Vita at Grove Isle for brand-new, private-island boutique living
• Grove at Grand Bay for Bjarke Ingels' iconic twisting-tower design
• Mr. C Residences for Cipriani-branded boutique luxury and Italian finishes
• Grovenor House for an established bayfront building with wide open-water views

Want current availability, pricing, or a private tour? Browse Coconut Grove condos for sale, explore the Coconut Grove neighborhood guide, or get in touch — we'll help you find the right building, line, and exposure on the bay.