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HELLOCONDO BUYER'S BRIEF

2-Bedrooms Condos with Water View and Pool Under 500k in Coconut Grove Miami, FL

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Star IconWhat to know
  • Coconut Grove is a vibrant neighborhood attracting a diverse population, with a notable presence of residents aged 40 to 44 who earn up to $94,444.
  • The largest demographic group consists of individuals aged 40 to 44, making it an ideal location for established professionals and families.

Market Overview

AVG. DAYS ON MARKET
149
Trending Up178.50% year over year
AVG. SOLD PRICE
$364,666
Trending Down14.40% year over year

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Frequently Asked Questions About Miami, FL

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

Living in Coconut Grove offers a unique blend of historic charm and modern amenities, with lush greenery and waterfront views. The neighborhood features a strong sense of community, vibrant arts scene, and numerous parks. It's known for its outdoor lifestyle and proximity to the city’s cultural attractions.

Is Coconut Grove, Miami, FL expensive?

Coconut Grove is considered one of the more expensive neighborhoods in Miami, characterized by upscale homes, luxury apartments, and a high cost of living. The area's real estate prices are significantly above the Miami average, reflecting its desirability and amenities.

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

Coconut Grove has a tropical rainforest climate characterized by warm temperatures year-round, with an average high around 80°F (27°C) in winter and 90°F (32°C) in summer. The area experiences a significant amount of rainfall, especially during the summer months, with a dry season typically from November to April.

How safe is Coconut Grove, Miami, FL?

Coconut Grove has a moderate crime rate compared to other Miami neighborhoods, with a mix of residential and commercial areas contributing to varying levels of safety. The community actively engages in neighborhood watch programs and local initiatives to enhance safety.