Coconut Grove

Overview for Coconut Grove, FL

454 people live in Coconut Grove, where the median age is 44 and the average individual income is $65,420. Data provided by the U.S. Census Bureau.

454

Total Population

44 years

Median Age

High

Population Density Population Density This is the number of people per square mile in a neighborhood.

$65,420

Average individual Income

Demographics and Employment Data for Coconut Grove, FL

Coconut Grove has 182 households, with an average household size of 3. Data provided by the U.S. Census Bureau. Here’s what the people living in Coconut Grove do for work — and how long it takes them to get there. Data provided by the U.S. Census Bureau. 454 people call Coconut Grove home. The population density is 9,986.325 and the largest age group is Data provided by the U.S. Census Bureau.

454

Total Population

High

Population Density Population Density This is the number of people per square mile in a neighborhood.

44

Median Age

45.59 / 54.63%

Men vs Women

Population by Age Group

0-9:

0-9 Years

10-17:

10-17 Years

18-24:

18-24 Years

25-64:

25-64 Years

65-74:

65-74 Years

75+:

75+ Years

Education Level

  • Less Than 9th Grade
  • High School Degree
  • Associate Degree
  • Bachelor Degree
  • Graduate Degree
182

Total Households

3

Average Household Size

$65,420

Average individual Income

Households with Children

With Children:

Without Children:

Marital Status

Married
Single
Divorced
Separated

Blue vs White Collar Workers

Blue Collar:

White Collar:

Commute Time

0 to 14 Minutes
15 to 29 Minutes
30 to 59 Minutes
60+ Minutes

What to Love About Coconut Grove

  • Lush greenery and scenic waterfront views
  • Walkable streets lined with boutiques, cafés, and restaurants
  • Rich history and cultural significance in Miami
  • Strong sense of community with frequent local events
  • Easy access to parks, marinas, and outdoor activities
  • Thriving real estate market with a mix of luxury homes and condos

Overview of Coconut Grove

Coconut Grove is one of Miami’s most well-known neighborhoods, offering a mix of cultural, historical, and natural attractions. Located south of Downtown Miami, it features a combination of residential areas, commercial hubs, and waterfront spaces that make it an appealing destination for both residents and visitors.

With a history dating back to the late 1800s, Coconut Grove has evolved into a lively community known for its arts scene, local businesses, and outdoor recreation. The neighborhood's relaxed yet sophisticated atmosphere attracts professionals, families, and retirees. Residents enjoy easy access to top-rated schools, parks, marinas, and a variety of dining and entertainment options.

The neighborhood layout includes a mix of quiet residential streets, bustling commercial areas, and scenic waterfront parks. With its proximity to Coral Gables and Downtown Miami, Coconut Grove provides an ideal balance of urban convenience and natural beauty.

Historical Roots of Coconut Grove

Coconut Grove is Miami’s oldest continuously inhabited neighborhood, with a history dating back to the 1800s. Originally settled by Bahamian immigrants and pioneers, the area developed as a key maritime hub due to its coastal location.

The neighborhood played a significant role in Miami’s early growth, attracting artists, intellectuals, and entrepreneurs. Over the years, it became known for its bohemian character, fostering a creative and eclectic environment. Landmark sites such as the Barnacle Historic State Park and Vizcaya Museum & Gardens highlight the area’s deep historical roots.

By the mid-20th century, Coconut Grove transformed into a residential and commercial hotspot, drawing affluent homeowners and businesses. Despite modernization, the neighborhood has retained much of its historic charm, with tree-lined streets, preserved architecture, and a strong connection to its cultural heritage.

Real Estate in Coconut Grove

Coconut Grove offers a wide range of real estate options, from luxury waterfront estates to modern condos and historic single-family homes. The market remains competitive, attracting both homebuyers and investors.

Current Market Trends

  • Median Home Price: $1.5 million
  • Luxury Waterfront Properties: Prices often exceed $10 million
  • Condo Market: Ranges from $500,000 to over $5 million
  • Rental Market: High demand, with luxury apartments averaging $3,500+ per month

Investment Opportunities

  • Strong appreciation rates due to limited inventory and high demand
  • Proximity to top Miami destinations makes it a desirable rental market
  • Historic properties offer restoration and resale potential
Property Type Average Price Market Demand
Single-Family Homes $1.5M - $5M+ High
Waterfront Estates $5M - $15M+ Very High
Condos $500K - $5M+ Moderate to High
Rental Properties $3,500+/month High

Community Events and Attractions

  • Coconut Grove Arts Festival – A major annual event showcasing fine arts, music, and food
  • Grove Heritage Day – A celebration of the neighborhood’s history and culture
  • Peacock Park Events – Frequent outdoor concerts, fitness classes, and family-friendly activities
  • Vizcaya Museum & Gardens – Historic estate with beautiful gardens and art exhibits
  • CocoWalk – Popular shopping and entertainment complex with restaurants, bars, and retail stores
  • Barnacle Historic State Park – Waterfront park preserving one of Miami’s oldest homes
  • Marinas & Boating Access – Dinner Key Marina and other docks provide access to Biscayne Bay

Safety and Accessibility in Coconut Grove

Coconut Grove is considered one of Miami’s safer neighborhoods, with a strong police presence and community engagement initiatives. Gated communities and luxury condos often feature private security.

Accessibility is another strong point, with Coconut Grove’s walkable streets and proximity to major roads. The neighborhood is connected to Miami’s public transit system, including the Metrorail and local trolley service. U.S. Highway 1 provides easy access to Downtown Miami, Coral Gables, and Miami Beach.

Lifestyle and Community

Coconut Grove offers a laid-back yet sophisticated lifestyle. The neighborhood attracts residents who appreciate outdoor activities, local art, and waterfront living. Its strong community ties are reflected in the many local events and gatherings throughout the year.

The area is known for its vibrant café culture, boutique shopping, and commitment to sustainability, with several parks and green spaces encouraging an active lifestyle. Families benefit from highly rated schools, and professionals enjoy a short commute to Miami’s business districts.

Outdoor and Recreational Activities

  • Peacock Park – Offers open green space, walking paths, and waterfront views
  • Kennedy Park – Features a jogging trail, outdoor gym, and dog-friendly areas
  • Dinner Key Marina – Popular spot for boating and water activities
  • Coconut Grove Sailing Club – Provides sailing lessons and community races
  • The Underline – A developing urban trail connecting Coconut Grove to other Miami neighborhoods

FAQs

Is Coconut Grove a nice neighborhood?

Yes, it is one of Miami’s most desirable neighborhoods, known for its greenery, cultural scene, and waterfront access.

Is Coconut Grove Miami wealthy?

Coconut Grove is home to many affluent residents, with high-end real estate and luxury properties.

What celebs live in Coconut Grove?

Several celebrities and high-profile individuals own homes in Coconut Grove, including Lebron James, Derek Jeter, and Madonna.

Is Coconut Grove upscale?

Yes, Coconut Grove is considered an upscale neighborhood with luxury homes, fine dining, and boutique shopping.

Conclusion

Coconut Grove is one of Miami’s most desirable neighborhoods, offering a combination of rich history, a vibrant cultural scene, and a strong real estate market. Residents enjoy a relaxed yet sophisticated lifestyle, with easy access to parks, marinas, and entertainment. Whether you’re looking to move to the area, invest in real estate, or explore its attractions, Coconut Grove provides a welcoming and engaging environment.

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