new-construction-homes in Coconut Grove

There are 18 new construction homes for sale in Coconut Grove, Florida right now, priced from $1.8M to $21M. The median list price is $6,022,500. That puts this segment 94% above the overall Coconut Grove median of $3,100,000 across 43 active listings.

These homes average 3,240 square feet of living area on lots averaging 0.46 acres. Average pricing runs $2,483 per square foot versus $1,951 citywide. The median year built is 2025. 11% of them include a private pool.

This segment averages 152 days on market. The median closed-sale price in Coconut Grove is $2,655,000. Deals close at 94.9% of list price. The absorption rate is 8.3%.

The largest concentration is in Vita At Grove Isle, with 5 available listings. The rest is spread across 9 other communities.

New construction here includes both builder inventory and recently completed resales. Delivery timelines, design-center allowances and CDD fees vary by community — those three items usually move the real cost more than the base price does.

María Delgado works the South Florida market daily and can send you the full list with photos, association documents and recent comparables — in English or Spanish.