1 / 27ACTIVE$29,500,000
7 beds | 9 baths | 14,720 sqft | 0.50 acres
3305 S Moorings Way, Miami, FL 33133
LISTED BY Coldwell Banker Realty↗
COCONUT GROVE · WATERFRONT
Coconut Grove Waterfront Homes for Sale
Coconut Grove waterfront homes: bayfront streets, coves, docks and lot rules.
- 5.071 Google reviews ↗LIVE
- 13 yearsin the Miami market
- CompassREALTOR®
Quick Answer
Coconut Grove waterfront homes are houses whose lots touch Biscayne Bay, east of US-1 in the City of Miami. The Grove has 111 of them (Miami-Dade Property Appraiser, 2026). Of those, 43 face open bay (Miami-Dade County water layer, 2026). In the five years to September 30, 2026, 21 closed at $2 million or more (MLS closed sales). Their median was $8,000,000 (MLS closed sales, same window). Julian Acosta, of Compass, works with buyers and sellers in Coconut Grove.
What this is for
What this is for
Use the 111 houses on the water and their median sale, $8,000,000, by the County's parcels and MLS closed sales, to size the Grove's waterfront market before you read its streets.
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Julian Acosta, Compass. “Quick Answer.” Coconut Grove Waterfront Homes: Bayfront Streets and Access. Sources: Miami-Dade County Property Appraiser and water layer, read October 30, 2026; MIAMI REALTORS® MLS closed sales, Coconut Grove east of US-1, read October 30, 2026. https://julianacostarealtor.com/en/coconut-grove/waterfront#quick-answer
Current Waterfront Listings in Coconut Grove
On the market from $2,000,000, on the water, the highest price first.
LIVE · MLS · AS OF OCT 31, 20265 OF 5 FROM $2M SHOWN
1 / 27ACTIVE
1 / 20ACTIVE$17,400,000
5 beds | 6 baths | 4,280 sqft | 1.13 acres
3373 Poinciana Ave, Miami, FL 33133
LISTED BY Coldwell Banker Realty↗
1 / 88ACTIVE$16,900,000
5 beds | 7 baths | 12,863 sqft | 0.27 acres
1840 S Bayshore Ln, Miami, FL 33133
LISTED BY Douglas Elliman↗
1 / 46ACTIVE$14,750,000
6 beds | 8 baths | 9,561 sqft | 0.29 acres
3835 Carole Ct, Miami, FL 33133
LISTED BY Fortune Christie's Intl R.E.↗
1 / 67ACTIVE$5,248,000
4 beds | 5 baths | 4,546 sqft | 0.15 acres
3520 Rockerman Rd, Miami, FL 33133
LISTED BY Sime Realty Corporation↗
DOCUMENTED · COUNTY RECORD
The Coconut Grove waterfront market, at a glance.
Coconut Grove has 111 single-family houses on the water, of its 3,492, by the Miami-Dade Property Appraiser's parcels read against the County's water layer on October 30, 2026: 43 on open Biscayne Bay and 68 on a cove or channel. Ten more vacant residential lots touch the water.
"On the water" is the Miami-Dade Property Appraiser's parcel within 10 meters of the County's water layer, read October 30, 2026, in Coconut Grove east of US-1. Closed sales are the MIAMI REALTORS® MLS's at $2,000,000 and up. A dash is a value the feed has not supplied, never a zero.
Coconut Grove · waterfront single-family homes
◆ MLS closed sales to September 30, 2026 · documented
Houses on the Water
111
of 3,492 single-family houses · County record, 2026
On Open Bay
43
the other 68 on a cove or channel
Median Lot, Sq.Ft
14,500
houses on the water
Median Sale Price
$8,000,000
21 houses on the water at $2M+ · five years to September 30, 2026
What this is for
What this is for
Use the 111 Coconut Grove houses that touch the water, of 3,492, by the Miami-Dade Property Appraiser's parcels and the County's water layer, to see how few there are before you compare one.
Share or cite
Julian Acosta, Compass. “The Coconut Grove waterfront market, at a glance.” Coconut Grove Waterfront Homes: Bayfront Streets and Access. Sources: Miami-Dade County Property Appraiser and water layer, read October 30, 2026; MIAMI REALTORS® MLS closed sales, Coconut Grove east of US-1, read October 30, 2026. https://julianacostarealtor.com/en/coconut-grove/waterfront#waterfront-glance
Coconut Grove Waterfront Prices in Brief
Few Grove houses on the water sell in any one year, so you read five years at once. In the five years to September 30, 2026, 21 closed at $2 million or more, at a median of $8,000,000; 448 houses off the water closed at that level, at a median of $3,325,000 (MLS closed sales joined to the County's parcels). These are the market's sales, not Julian Acosta's own.
For the neighborhood as a whole, read the Coconut Grove guide. For buildings on the bay, see Coconut Grove luxury condos, and for the numbers by quarter, the Coconut Grove market report.
What this is for
What this is for
Use the closed sales of houses on the water at $2 million and up, by MLS closed sales joined to the County's parcels, to see what the water adds in the Grove; a few sell each year, so five years are read together.
Share or cite
Julian Acosta, Compass. “Coconut Grove Waterfront Prices in Brief.” Coconut Grove Waterfront Homes: Bayfront Streets and Access. Source: MIAMI REALTORS® MLS closed sales, Coconut Grove east of US-1, read October 30, 2026. https://julianacostarealtor.com/en/coconut-grove/waterfront#waterfront-market
What types of waterfront are there in Coconut Grove?
You have three things to tell apart in the Grove. A house on open bay faces the water directly. A house on a cove or channel reaches the same bay from a sheltered inlet. A house across South Bayshore Drive from the water may have the view, but its lot does not touch the bay.
- Nº 01
43houses
Open bay.
43 houses, by the County's record. South Bayshore Lane holds the most, 13, then Bayshore Villas Drive with 4.
- Nº 02
68houses
Cove or channel.
68 houses. Rockerman Road holds 10, Fairhaven Place 9, and Matheson Avenue, Stewart Avenue and South Bayshore Lane 7 each.
- Nº 03
A bay view, not waterfront.
The condominium towers of South Bayshore Drive stand across the drive from the bay. Their parcels do not touch it.
What this is for
What this is for
Use the kind of water a lot touches, 43 houses on open bay and 68 on a cove or channel by the County's record, to tell a bay view from a dock before you compare prices.
Share or cite
Julian Acosta, Compass. “What types of waterfront are there in Coconut Grove?” Coconut Grove Waterfront Homes: Bayfront Streets and Access. Source: Miami-Dade County Property Appraiser and water layer, read October 30, 2026. https://julianacostarealtor.com/en/coconut-grove/waterfront#water-types
Which Coconut Grove streets are on the bay?
Twenty-three more houses stand on fifteen other streets, with one or two each. Source: Miami-Dade Property Appraiser and Miami-Dade County water layer, read October 30, 2026.
In those five years, South Bayshore Lane and Fairhaven Place each saw 4 sales at $2 million or more, and Rockerman Road 3; no street saw more.
| Street | Houses on the water | Open bay | Cove or channel | |
|---|---|---|---|---|
| South Bayshore Lane | 20 | 13 | 7 | See South Bayshore Lane → |
| Rockerman Road | 11 | 1 | 10 | See Rockerman Road → |
| Fairhaven Place | 9 | 0 | 9 | See Fairhaven Place → |
| Matheson Avenue | 8 | 1 | 7 | See Matheson Avenue → |
| Stewart Avenue | 8 | 1 | 7 | See Stewart Avenue → |
| South Bayshore Drive | 6 | 0 | 6 | See South Bayshore Drive → |
| Munroe Drive | 5 | 1 | 4 | See Munroe Drive → |
| Devon Court | 5 | 3 | 2 | See Devon Court → |
| Bayshore Villas Drive | 4 | 4 | 0 | See Bayshore Villas Drive → |
| Poinciana Avenue | 4 | 0 | 4 | See Poinciana Avenue → |
| South Moorings Way | 4 | 1 | 3 | See South Moorings Way → |
| Bayside Court | 4 | 3 | 1 | See Bayside Court → |
Show 9 more
◆ Miami-Dade Property Appraiser and Miami-Dade County water layer
What this is for
What this is for
Use the count of the 111 houses on the water, street by street, by the County's record, to see where a Grove waterfront home can stand; a street's other houses may not touch the water.
Share or cite
Julian Acosta, Compass. “Which Coconut Grove streets are on the bay?” Coconut Grove Waterfront Homes: Bayfront Streets and Access. Sources: Miami-Dade County Property Appraiser and water layer, read October 30, 2026; MIAMI REALTORS® MLS closed sales, Coconut Grove east of US-1, read October 30, 2026. https://julianacostarealtor.com/en/coconut-grove/waterfront#streets
What is on Coconut Grove's bayfront?
The center of Coconut Grove's bayfront is public parkland. Peacock Park, Regatta Park and David T. Kennedy Park run along it, with Dinner Key Marina between them.
On the water: the Coconut Grove Sailing Club, Coral Reef Yacht Club, Biscayne Bay Yacht Club, the U.S. Sailing Center and Shake-A-Leg Miami.
What can a Coconut Grove dock reach?
No bridge stands between the Grove's shore and the open bay in either record read: the National Bridge Inventory lists only two bridges in the area, and the one over water is on the Coral Gables Canal, and the County's bridge layer returned none here. So on a Grove dock, the limit you need to check is depth. NOAA's Coast Pilot 4 gives Dinner Key Channel a reported controlling depth of 7 feet in the channel and 8 feet in the basin, in 1998, and berthage for 370 boats at the City's Dinner Key Yacht Basin, with depths of 5 to 8 feet alongside. These are historical soundings from that year, not a current survey, so confirm the depth at a given dock before you buy.
What this is for
What this is for
Use the bridge records, which show none between the Grove's shore and Biscayne Bay, to see that a Grove dock's limit is the water's depth, not a bridge; read the depth on the current chart before an offer; NOAA reported 7 feet in Dinner Key Channel in 1998.
Share or cite
Julian Acosta, Compass. “What can a Coconut Grove dock reach?” Coconut Grove Waterfront Homes: Bayfront Streets and Access. Source: NOAA, United States Coast Pilot 4, chapter 12, read October 30, 2026. https://julianacostarealtor.com/en/coconut-grove/waterfront#boats-and-bridges
What is the price per square foot of a Coconut Grove waterfront home?
A Coconut Grove house on the water is priced by its lot and its water more than by its square foot. Houses on the water closed at a median of $8,000,000 in the five years to September 30, 2026, from 21 sales at $2 million or more: 6 on open bay and 15 on a cove or channel. Their median lot is 14,500 Sq.Ft. For a reference off the water, houses at that level closed at a median of $1,014 per square foot (MLS closed sales joined to the County's parcels).
What this is for
What this is for
Use the 21 sales on the water and the medians off it at $2 million and up, by MLS closed sales joined to the County's parcels, to place a Grove waterfront home; one home's price follows its own lot, its water and its house.
Share or cite
Julian Acosta, Compass. “What is the price per square foot of a Coconut Grove waterfront home?” Coconut Grove Waterfront Homes: Bayfront Streets and Access. Sources: MIAMI REALTORS® MLS closed sales, Coconut Grove east of US-1, read October 30, 2026; Miami-Dade County Property Appraiser and water layer, read October 30, 2026. https://julianacostarealtor.com/en/coconut-grove/waterfront#price-per-sf
What does it cost to own a waterfront home in Coconut Grove?
Your property tax is the City of Miami's: 19.9878 mills before any exemption, in the 2025 adopted table. A waterfront home pays it as any other does, and carries three costs of its own.
The costs of a Grove house on the water
The flood zone
47 in zone VE
Of the 111 houses on the water, FEMA's map places 47 in zone VE, the coastal high-hazard zone, 61 in zone AE and 3 in zone X, each read at the center of the lot. The median base flood elevation is 13 feet. The zone is the map's, not a statement of any home's risk or premium.
The seawall and the dock
Class I permit
Miami-Dade County requires a Class I permit for "any work in, on, over or upon tidal waters or coastal wetlands anywhere in Miami-Dade County".
The lot
70 ft yards
As adopted with Miami 21, the Coconut Grove conservation district sets an Estate Lot at one acre, and yards on South Bayshore Drive of 70 feet at least. Nine of the 111 houses stand on an acre or more.
◆ FEMA flood map · Miami-Dade County · City of Miami
What this is for
What this is for
Use the City of Miami's millage, 19.9878 mills in the Miami-Dade Property Appraiser's 2025 adopted table, to estimate the tax, then add the three costs of the water; confirm a home's flood zone, its permits and its seawall before an offer.
Share or cite
Julian Acosta, Compass. “What does it cost to own a waterfront home in Coconut Grove?” Coconut Grove Waterfront Homes: Bayfront Streets and Access. Sources: Miami-Dade County Property Appraiser, 2025 adopted millage table, read October 30, 2026; FEMA National Flood Hazard Layer, read October 30, 2026; Miami-Dade County Property Appraiser and water layer, read October 30, 2026; City of Miami, Miami 21 Appendix A, NCD-3, as adopted May 2010, read October 4, 2026. https://julianacostarealtor.com/en/coconut-grove/waterfront#cost-of-owning
Which Coconut Grove enclaves are on the water?
Two Coconut Grove communities have a guard gate, Four Way Lodge Estates and Entrada, by the County's record, with their gatehouses on Poinciana Avenue and Matheson Avenue. Both streets hold houses on the water, so if a gate matters to you, start with those two. Bay Heights, Natoma Manors and Fairhaven have a roving patrol and no gate.
What this is for
What this is for
Use the County's security districts to see which Grove streets have a guard gate and which a patrol; only 2 have a gate.
Share or cite
Julian Acosta, Compass. “Which Coconut Grove enclaves are on the water?” Coconut Grove Waterfront Homes: Bayfront Streets and Access. Source: Miami-Dade County Property Appraiser and water layer, read October 30, 2026. https://julianacostarealtor.com/en/coconut-grove/waterfront#enclaves
Common Questions About Coconut Grove Waterfront Homes
How many waterfront homes are in Coconut Grove? 111 houses on the water+
Coconut Grove has 111 single-family houses on the water, of 3,492 east of US-1, by the Miami-Dade Property Appraiser's parcels and the County's water layer in 2026. Of those, 43 face open Biscayne Bay. The other 68 sit on a cove or channel. Ten more vacant residential lots also touch the water.
Which Coconut Grove streets have bayfront homes? 20 on South Bayshore Lane+
South Bayshore Lane holds the most Coconut Grove houses on the water, 20, by Miami-Dade County's record in 2026. Rockerman Road follows with 11 and Fairhaven Place with 9. Matheson Avenue and Stewart Avenue hold 8 each. Most other bay streets in the Grove hold between one and six.
Is South Bayshore Drive in Coconut Grove waterfront? 6 on South Bayshore Drive+
Mostly not. Miami-Dade County's record in 2026 places only 6 houses on South Bayshore Drive on the water. The condominium towers of the drive stand across the road from Biscayne Bay. The bay side holds David T. Kennedy Park, the yacht clubs and the marinas, so a bay view there is not a waterfront lot.
What do waterfront homes sell for in Coconut Grove? $8,000,000 median sale+
In the five years to September 30, 2026, 21 Coconut Grove houses on the water closed at $2 million or more, at a median of $8,000,000, by MLS closed sales joined to Miami-Dade County's parcels. Houses off the water at the same level closed at a median of $3,325,000, from 448 sales.
Are there bridges between Coconut Grove and Biscayne Bay? 7 ft reported in 1998+
No bridge stands between Coconut Grove's shore and the open bay in the National Bridge Inventory or Miami-Dade County's bridge layer, both read in 2026. A dock's limit there is depth. NOAA's Coast Pilot 4 reported 7 feet in Dinner Key Channel in 1998, a historical sounding, so confirm the depth at a dock before buying.
Are Coconut Grove waterfront homes in a flood zone? 108 in FEMA flood zones+
Nearly all are. FEMA's National Flood Hazard Layer, read in 2026, places 108 of Coconut Grove's 111 houses on the water in a special flood hazard area: 47 in zone VE, the coastal high-hazard zone, and 61 in zone AE. The median base flood elevation on the map is 13 feet.
Talk to Julian Acosta
Which water? It's the first question I ask about a house in the Grove. Only 111 touch the bay, 43 of them on open water, and FEMA's map puts 47 in the coastal high-hazard zone. I read the lot and the public record before the listing. A bay view from across South Bayshore Drive is a different purchase, and I'll tell you so. When I give you a figure, I show you where it came from.
20+
Years Experience
21
The Market's Waterfront Sales, Five Years
COMPARABLE MARKET ANALYSIS · FREE · NO ACCOUNT
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Enter your address. The page finds your home in the public record and reads the closed sales nearest it.
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ABOUT THIS PAGE
Sources and Method
◆ MIAMI-DADE COUNTY PROPERTY APPRAISER, PARCELS◆ MIAMI-DADE COUNTY, WATER LAYER (GIS)◆ FEMA NATIONAL FLOOD HAZARD LAYER◆ NOAA, UNITED STATES COAST PILOT 4, CHAPTER 12◆ MIAMI REALTORS® MLS CLOSED SALES (COMPASS, FIRST-PARTY)
Which houses touch the water is the Miami-Dade Property Appraiser's parcels read against Miami-Dade County's water layer on October 30, 2026, in the City of Miami between US-1 and the bay. Flood zones are FEMA's National Flood Hazard Layer, read the same day. Bridges are the Federal Highway Administration's National Bridge Inventory and the County's bridge layer. The millage is the Property Appraiser's 2025 adopted table. Sales figures are MIAMI REALTORS® MLS closed sales (first-party) at $2,000,000 and up. No figure comes from another brokerage.
Compass Coral Gables · 1515 Sunset Dr, Suite 40, Coral Gables, FL 33143 · julian.acosta@compass.com · +1 (786) 473-2565
This Coconut Grove waterfront page is market information; it is not an appraisal, and not legal, insurance or investment advice.