Miami’s Coconut Grove Has Become the Next Playground for Billionaires
Friday, February 6, 2026
"Once known as a bohemian enclave, Miami’s leafy Coconut Grove neighborhood is quickly transforming into a billionaire’s playground thanks to a string of megasales in the area...housing prices in Coconut Grove—especially for waterfront property—have surged. The median single-family home sale price in Coconut Grove was $2.35 million in the fourth quarter of 2025, more than doubling from $995,000 in the same period of 2019." (Article link below.)
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