Invest in Coconut Grove Real Estate

Discover Coconut Grove real estate with Miami P&B Investments. Nestled under a lush canopy along Biscayne Bay, Coconut Grove offers luxury condos, waterfront estates and historic homes. Our team specializes in boutique properties, gated communities and full‑service condo management. With deep market expertise and proactive maintenance, we maximize returns and deliver a carefree South Florida lifestyle.

Coconut Grove Real Estate Properties

About Coconut Grove

Coconut Grove is Miami’s oldest continually inhabited neighborhood, a verdant waterfront enclave on Biscayne Bay. Lush canopy streets, historic homes, and modern condos create a rare mix of bohemian charm and contemporary luxury. The Grove curves along South Bayshore Drive between Brickell and Coral Gables; its village center is a pedestrian‑friendly hub of cafés, boutiques and open‑air markets. To learn more about its history, see Coconut Grove on Wikipedia. Exclusive communities like Camp Biscayne and The Moorings sit behind gates along the bay, offering privacy and direct marina access.

Highlights that define Coconut Grove (not Brickell)

  • Lush tree canopy and parks—Peacock Park and David T. Kennedy Park line the waterfront; winding streets feel like a tropical garden.
  • Waterfront estates and condos along Bayshore Drive; marinas and yacht clubs for sailing & boating enthusiasts.
  • Bohemian village center with sidewalk cafés, art galleries, farmers markets and live‑music nights.
  • Family‑friendly vibe near top-rated schools; exclusive gated communities (The Moorings, Camp Biscayne, Cloisters on the Bay).
~60–70%Condo + townhouse inventory
ModerateWalkability in village center
$2.3MMedian list price
$1,500/moTypical HOA (varies by building)
Bayshore Drive Views Historic & Modern Homes Village Center Cafés Top Schools & Parks
Coconut Grove waterfront with tree canopy

Why Coconut Grove Attracts Canadian Snowbirds

Tropical Privacy, Easy Access

Fly into MIA and be at your Grove residence in ~20 minutes—no bridges to cross. Lush gated communities and full‑service condos offer concierge care, ideal for seasonal lock‑and‑leave living.

Gated enclavesConcierge condosWalkable village

Boating & Lifestyle

Home to Coconut Grove Sailing Club and Grove Harbour Marina, the neighborhood is a haven for boaters. Waterfront parks, tree‑lined paths and open‑air cafés support an active, outdoor lifestyle year‑round.

Marinas & yacht clubsWaterfront parksOutdoor dining

Stable Luxury Market

High demand for Grove condos and homes and limited inventory keep values resilient. Foreign‑national financing, remote closings and CAD→USD FX strategies streamline purchasing for Canadians.

Resilient pricesForeign‑national mortgagesRemote closing

What Canadians Buy in Coconut Grove

2–3 bedroom condos with bay views in full‑service towers (Park Grove, Grove at Grand Bay) and boutique luxury buildings (Mr. C Residences, Fairchild) are top picks. Townhomes in Cloisters on the Bay offer private gardens and marina slips.

Ownership & Taxes

We coordinate with cross‑border advisors to structure ownership and optimize taxes. FIRPTA applies to foreign sellers; exemptions and reductions may be available. Local millage and insurance vary by elevation and waterfront exposure.

After‑Closing Management

Our Property Management team handles leasing, rent collection, inspections and 24/7 maintenance—so your winters are spent enjoying the Grove’s sunsets and sailing.

Top Coconut Grove Buildings Buyers Ask About

Park Grove

Three‑tower complex by OMA/Rem Koolhaas with stunning bay views, spa‑level amenities and private club dining.

Grove at Grand Bay

Iconic twisting towers by Bjarke Ingels; floor‑to‑ceiling glass and panoramic bay vistas.

Grovenor House

Classic 32‑story tower on Bayshore Drive with resort‑style amenities and marina views.

Mr. C Residences

Cipriani‑branded condominium with European hospitality, rooftop pool and direct marina access.

The Fairchild

Boutique bayfront building blending modern architecture with tropical landscaping; rooftop terrace and boat slips.

Cloisters on the Bay

Gated townhome community beside the Barnacle Historic State Park; private gardens and marina slips.

Canadian Snowbirds in Coconut Grove

Financing & Currency

We connect you with lenders offering foreign‑national programs and map CAD→USD transfers to minimize FX costs for deposits, closings and HOA reserves.

Pre‑approval support
FX strategy

Taxes & Ownership

Advice on condo reserves, insurance and local millage; cross‑border CPA coordination for FIRPTA and estate planning.

Cross‑border CPA
Close from Canada

Hands‑Off Ownership

Our Property Management team handles leasing, rent collection, maintenance and inspections so you can relax under the Grove’s banyan trees.

Leasing
24/7 Maintenance

Buying in Coconut Grove — Steps for Canadian Snowbirds

1
Discovery call & brief
Define budget, property type (condo vs townhome vs estate) and community rules (Park Grove vs Grovenor House vs gated enclaves).
2
Foreign‑national financing
We introduce lenders and FX solutions; obtain a pre‑approval aligned to HOA dues and reserves typical of Coconut Grove.
3
Tour & shortlist
Virtual or in‑person tours; compare bay exposure, floorplans, rental policy, condo financials and amenity scope.
4
Offer & due diligence
Review condo docs, estoppel, inspections and insurance; confirm hurricane preparedness, reserves and any special assessments.
5
Close from Canada
Remote notarization and escrow coordination with title; digital walkthrough prior to funding.
6
Set up for use or rent
Utilities, furnishings and property‑management onboarding; pricing strategy based on seasonality and building rules.

Coconut Grove Buying FAQ

Can non‑US residents finance a condo in Coconut Grove?
Yes. Several lenders offer foreign‑national programs used frequently by our Coconut Grove buyers. Expect higher down payment and reserve requirements; we’ll introduce the right options.
What are typical rental rules in Coconut Grove?
Most condos allow leases of 3–12 months; some buildings permit monthly rentals. Rules vary—always verify in condo docs before offering.
How much should I budget for HOA and carrying costs?
Plan for HOA fees (often $1–2 per SF), property taxes, insurance and utilities. We’ll provide building‑specific estimates based on unit size and location.
Are pets allowed in Coconut Grove condos?
Many buildings allow pets with weight/breed limits and registration. Service/ESA rules follow Florida and federal guidelines—confirm per building.
Is it better to buy a condo or a single‑family home in Coconut Grove?
Condos offer lock‑and‑leave convenience and bayfront views; single‑family homes provide more space and privacy. We’ll compare carrying costs, amenities and lifestyle fit.
Can I close from Canada?
Yes. Remote notarization and couriered documents are standard. We coordinate with title/escrow so travel isn’t required.
What’s the timeline from offer to close?
Cash deals: 2–3 weeks. Financing: 30–45 days depending on appraisal timing and condo questionnaire turnaround.
Pre‑construction vs resale in Coconut Grove—what’s better?
Pre‑construction offers the newest finishes and staged deposits; resale offers immediate use and established HOA history. We’ll compare total carry, policies and view exposure by building.
Do you provide management after closing?
Yes—tenant placement, rent collection, inspections and 24/7 maintenance so ownership stays hands‑off while you’re back in Canada.

Plan your Coconut Grove purchase the smart way

Get a tailored buying plan—financing, taxes, building rules (Park Grove, Grove at Grand Bay, Mr. C), and curated bay‑view listings. Explore nearby areas like Edgewater and Brickell to compare lifestyles.

Book a Free Consultation

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