$2,450,000
Exceptional opportunity to build new in one of Coconut Grove’s most desirable areas. The 7,000-SF lot measures 50'x140' in the Cocoanut Grove Park neighborhood. The sale includes conceptual plans by architect Manuel Rodriguez of SE7ENAve Design Studio. The plans envision 5 bedrooms + office, 6 baths, a 2-car garage and covered terrace, with 5,030 SF total construction and 4,100 SF A/C, designed at 17' NGVD. Also, demolition permitting for the existing structure is underway and may be transferred to the buyer, providing a meaningful head start toward new construction. The property abuts a wide 30-ft+ right-of-way, enhancing its sense of openness and curb appeal while leading toward green spaces at Plaza and Palmetto Avenues. Cocoanut Grove Park was platted in 1911 by Miami’s first architect, Walter DeGarmo, with its central plaza envisioned as a gathering place for residents. Today, the plaza remains a neighborhood park and includes the wooded area known as Charley’s Woods. Only about half a mile from the heart of Coconut Grove, the site offers convenient access to marinas, restaurants, cafés, shops, offices, highly regarded schools, and easy access to Brickell and greater Miami. Renderings and plans are conceptual only and have not been submitted to or approved by the City of Miami or Miami-Dade County. Buyer must independently verify zoning, development, permitting and approval requirements, as well as the status and transferability of existing permits.
The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.
How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.
Scope: ZIP codes 33133, 33129 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.
Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.
7.03% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced September 24, 2026.
Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.
BHHS EWM Realty
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