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HELLOCONDO BUYER'S BRIEF

1-Bedroom Condos Under 350k in Coconut Grove Miami, FL

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Star IconWhat to know
  • Coconut Grove is characterized by a diverse population of professionals and families, with a significant percentage of individuals earning up to $94,444.
  • The largest demographic group in Coconut Grove is aged 40 to 44, providing a vibrant community for mid-career professionals.

Market Overview

AVG. DAYS ON MARKET
140
Trending Down1.70% year over year
AVG. SOLD PRICE
$291,437
Trending Up0.60% year over year

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Frequently Asked Questions About Miami, FL

What is it like to live in Coconut Grove, Miami, FL?

Coconut Grove is known for its lush greenery, waterfront views, and a laid-back atmosphere. The area features a mix of historic homes, modern condos, and a vibrant arts scene, with local markets and cafes enhancing the lifestyle. Residents enjoy access to parks, marinas, and cultural events throughout the year.

Is Coconut Grove, Miami, FL expensive?

Coconut Grove is one of the more affluent neighborhoods in Miami, known for its luxury homes and upscale living. The cost of living here is higher than the national average, with housing prices reflecting the area's desirable lifestyle and location.

What is the weather of Coconut Grove, Miami, FL?

Coconut Grove has a tropical rainforest climate, characterized by warm temperatures year-round, with average highs ranging from 75°F in winter to 90°F in summer. Rainfall is common in the summer months, while winters are dry and mild. Humidity levels are typically high throughout the year.

How safe is Coconut Grove, Miami, FL?

Coconut Grove generally has a lower crime rate compared to many other neighborhoods in Miami. While occasional property crimes do occur, the community is considered relatively safe, especially in well-trafficked areas. Local law enforcement maintains a presence to enhance safety.