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Coconut Grove, the new paradise for real estate in Miami

The LUSTER Group has identified Coconut Grove as an attractive location for investment and residence. The area is distinguished by high-end developments and a sophisticated vibe, while maintaining proximity to the natural environment.

Por: Rubén Carrillo
Coconut Grove, the new paradise for real state in Miami / Photo via courtesy
Coconut Grove, the new paradise for real state in Miami / Photo via courtesy

Coconut Grove stands out for its exclusive lifestyle, renowned for its bohemian chic atmosphere, as The Wall Street Journal noted, which described the area’s transformation from a haven for Birkenstock wearers to an enclave for millionaires. 

 

This is why LUSTER Group is highly interested in this prestigious area, surrounded by luxurious buildings and sophistication, while maintaining a close connection with nature.

 

Coconut Grove is home to some of Miami’s most renowned private educational institutions, such as Carrollton, Ransom Everglades, and St. Stephen’s.

 

Carrollton School of the Sacred Heart, exclusively for girls, offers education from Pre-K through grade 12. Ransom Everglades serves grades 6 to 12, with two campuses: one on South Bayshore Drive for grades 6-8, and another on Main Highway for grades 9-12. St. Stephen’s Episcopal Day School offers education from Pre-K to grade 6.

Coconut Grove, the new paradise for real state in Miami / Photo via courtesy
Coconut Grove, the new paradise for real state in Miami / Photo via courtesy

Access to Green Spaces

Merrie Christmas Park, David T. Kennedy Park, and The Barnacle Historic State Park are green spaces close to most homes in the neighborhood. With its lush fig tree foliage, Merrie Christmas Park is located in the southern part of Coconut Grove, just south of Main Highway. Kennedy Park, a large open space by the sea, is located between South Bayshore Drive and the bay, while The Barnacle is near Cocowalk, across from Greenstreet Cafe.

 

Waterfront Living

Coconut Grove is a coastal destination, famous for its luxurious mansions and modern waterfront condominiums with high ceilings and spectacular views. These properties offer an unmatched quality of life for those seeking a residence with water views.

Coconut Grove, the new paradise for real state in Miami / Photo via courtesy
Coconut Grove, the new paradise for real state in Miami / Photo via courtesy

Connectivity to the Rest of Miami

The location of Coconut Grove offers easy access to important areas of Miami: just a 5-minute drive to Brickell and Coral Gables, and 15 minutes to Miami Beach. Additionally, Miami International Airport is about 15 minutes away, making travel convenient.

 

Natural Beauty and Sustainable Development

The Grove’s surroundings are naturally attractive, with lush landscapes and streets shaded by thick trees. The abundance of greenery gives the area an urban jungle feel, while its development has been environmentally friendly.

Coconut Grove, the new paradise for real state in Miami / Photo via courtesy
Coconut Grove, the new paradise for real state in Miami / Photo via courtesy

Quality of Life and Safety

Coconut Grove is known for its excellent dining and entertainment options. Safety is a priority, with police patrols 24 hours a day, making it one of the safest neighborhoods in Miami-Dade. The area is home to many wealthy and highly educated families, as well as young professionals who move here when starting a family. There is a wide range of ages, though families with children are predominant.

 

Luxury Real Estate

Coconut Grove is home to some of Miami’s most exclusive properties. The old Bahamian-style houses have been replaced by modern villas and luxury waterfront mansions, significantly raising the level of the local real estate market.

 

Favorable Tax Laws

Florida is known for its favorable tax laws, such as the absence of municipal and state taxes and the homestead exemption, attracting wealthy families looking to protect their assets. These advantages make Coconut Grove an attractive place to live and invest

Coconut Grove, the new paradise for real state in Miami / Photo via courtesy
Coconut Grove, the new paradise for real state in Miami / Photo via courtesy

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