Why You Will Love Coconut Grove
Located on the glistening shores of Biscayne Bay, Coconut Grove is a lush, historic community that has always been popular with both residents and tourists. Coconut Grove is undoubtedly one of Miami's prized neighborhoods because of its amazing tropical foliage, first-rate facilities, and inimitable cultural attributes. From its vibrant arts scene and world-class dining to its exclusive amenities and laid-back luxury, Coconut Grove offers a unique and captivating experience that sets it apart from other Miami neighborhoods.
Is Coconut Grove, Miami Wealthy?
Coconut Grove, Miami's oldest and most affluent neighborhood, is renowned for its high-end real estate, wealthy residents, luxury amenities, and vibrant cultural and recreational offerings. This exclusive enclave boasts a median home price over $2 million, an average annual income of $161,690, and a highly educated population.
Why Is Coconut Grove Famous?
Coconut Grove, Miami's oldest neighborhood, has gained fame as a premier culinary destination, with several Michelin-starred restaurants like Ariete and Los Félix attracting food lovers from around the world. The area is also known for its luxury lifestyle, upscale shopping, and high-end real estate, with a median home sales price of $2 million in 2023.