As a Coconut Grove real estate expert, I’d like to focus on a trending movement with implications for younger buyers. Construction of modern townhouses in Center Coconut Grove have blossomed towards the end of 2013 and the beginning of 2014, with upwards of six to eight new projects located behind CocoWalk in progress. These brand new units are sold for a manageable price range between $600-700k on average and include all the conveniences expected by millennials.

Also important to note some of the general pros of purchasing a townhouse:

  • Townhouse owners literally own the  patch of land their townhouse sits on

  • Homeowners’ associations perform regular maintenance for you

  • These communities usually include amenities and communal facilities like pools, spas and gyms

  • They’re less expensive compared to similar sized free standing houses
  • Hurricane insurance is included

These are some of the names to discuss with me as you search in Coconut Grove:  Arc Grove, Abitare, Atrium in the Grove, Arboritum, Ipanema Villas, Lemontree, Peppertree, Gifford Lane, Mary Street, Grove Court Villas, Margaret Street Villas, Bridgeport Villas, Virginia Orange Condos, Virginia Villas.

Buyers will be attracted to these townhomes not only for the reasonable entry price, but also for the proximity to the town center. CocoWalk backs up to these developments and provides an upscale lifestyle center with open air shopping, dining and entertainment spots that act as a center of gravity for Coconut Grove residents. The modern offerings blend perfectly with the historic charm of the town which creates the lovely “Grove style” that attracts all kinds.  The surrounding areas offer yacht and country clubs, galleries, high end hotels including the Ritz Carlton and gourmet grocery stores like Fresh Market. Young buyers interested in learning about the benefits of a townhouse can reach me via phone to discuss further: 305-807-9199.