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Coconut Grove, known as "Miami's original neighborhood", is a diverse waterfront community characterized by its rich history as the longest-standing inhabited neighborhood in the city. It is located along Biscayne Bay just a few miles south of Downtown Miami and Brickell. Coconut Grove boasts a plethora of dining establishments, coffee shops, and parks. Homes in Coconut Grove includes single-family homes, townhomes, and apartments. A significant portion of homes in Coconut Grove consists of waterfront homes. These properties offer the allure of living in close proximity to the water, providing stunning views, direct access to boating and water activities, and a serene atmosphere.
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Everything you need to know about Coconut Grove, FL real estate.
The average price of a home in Coconut Grove varies, but it is generally higher than the Miami metropolitan area due to its prime location and upscale neighborhoods. Prices can range from several hundred thousand to several million dollars depending on the property's size, location, and features.
Coconut Grove offers a diverse range of properties, including single-family homes, townhouses, condominiums, and luxury waterfront estates. The area is known for its lush greenery, historic homes, and modern architectural designs.
Yes, Coconut Grove is considered a family-friendly area with top-rated schools, numerous parks, and a strong sense of community. The neighborhood also offers various cultural and recreational activities, making it an attractive location for families.
Buying real estate in Coconut Grove offers numerous benefits, including proximity to downtown Miami, scenic views, and a vibrant local culture. The area is known for its blend of historic charm and modern amenities, making it a desirable place to live.
The real estate market in Coconut Grove tends to be more stable and upscale compared to other Miami neighborhoods. The area's limited land availability and high demand for properties contribute to a competitive market with strong investment potential.
The neighborhood's racial composition was 14.80% Hispanic or Latino of any race, 48.27% Black or African American, 35.27% White (non-Hispanic), and 1.66% from other races (non-Hispanic). The "West" Grove, also known as the Black Grove, is primarily inhabited by individuals of Afro-Bahamian heritage.
Coconut Grove is a distinctive area where Spanish, Portuguese, and Cuban cultures blend, bringing the region's rich history to life. The community boasts some of the finest restaurants and bars and is just a short drive from top attractions like Miami International Airport and Bayside Marketplace.
Coconut Grove is among the safest areas in the city to stay. With a wide selection of excellent hotels and Airbnbs, finding accommodation is straightforward. Its proximity to the airport also makes travel planning convenient. Enjoy a peaceful bike ride or walk in the area.
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