OPUS Coconut Grove Location & Neighborhood
3137 SW 27th Avenue, Miami, FL 33133
The Neighborhood
What's within reach.
-
CocoWalk Short walk0.5 mi
-
Coconut Grove waterfront Short drive1.0 mi
-
Vizcaya Museum Short drive2.5 mi
-
Coral Gables Short drive3.0 mi
Life at OPUS Coconut Grove
Coconut Grove is Miami's oldest neighborhood — characterized by lush parks, historic charm, top schools, marinas, and CocoWalk's evolving retail. OPUS occupies the boutique segment of the Coconut Grove pre-construction market, competing with The Lincoln (48 units) and other limited-scale projects.
Limited 14 Residences
OPUS offers a rare offering of just 14 exclusive residences — among the most boutique density in Coconut Grove's pre-construction pipeline. Each residence enjoys greater privacy and individuality.
Kobi Karp Architecture
Designed by Miami's prolific Kobi Karp Architecture & Interior Design — known for District 225, Edge House Miami, Cove Miami, and other notable projects.
Coconut Grove Location
3137 SW 27th Avenue places residents in the heart of Coconut Grove with walkable access to CocoWalk, Vizcaya, marinas, and the Coconut Grove waterfront.
Summer 2026 Delivery
Faster delivery than most Coconut Grove pre-construction — targeted summer 2026 — making OPUS attractive for buyers seeking shorter time-to-occupancy.
Meta Development
Developed by Meta Development — bringing focused boutique luxury delivery to The Grove.
OPUS Coconut Grove Investment & Market Outlook
Why Coconut Grove Pre-Construction Outperforms
South Florida pre-construction has historically delivered double-digit appreciation between contract and delivery, especially in branded residences. Coconut Grove specifically has seen sustained demand from international buyers seeking US dollar-denominated real estate, tax advantages from Florida's no-income-tax structure, and currency hedging against home-market inflation.
Branded residences like OPUS Coconut Grove typically command 25–35% price premiums over comparable non-branded inventory in the same submarket, and resale price retention has consistently outpaced the broader Miami condo index over the past decade.
Friends & Family Pricing
As pre-construction specialists with direct developer relationships, we offer qualified buyers access to friends-and-family pricing — typically 4–8% below current public release pricing — along with extended deposit schedules, custom unit selection, and priority on the most desirable exposures and floors.
Deposit Structure
Standard Coconut Grove pre-construction deposit structures range from 20% at contract to 50% by delivery, with milestone payments at groundbreaking, top-off, and certificate of occupancy. OPUS Coconut Grove follows the Coconut Grove market standard. Our team can walk you through the full deposit schedule and any current developer incentives reducing the at-contract deposit requirement.
How to Reserve a Residence at OPUS Coconut Grove
Pre-construction purchases follow a different path than resale transactions. Here's what to expect, step by step.
-
01
Initial Consultation
We start with a 30-minute call to understand your goals — primary residence, investment, legacy asset — and walk you through current availability, pricing tiers, and the floor plans best suited to your needs.
-
02
Floor Plan Selection & Reservation
Once you've narrowed your selection, a refundable reservation deposit (typically $25,000–$100,000) holds your residence for 14–30 days while contracts are prepared. You'll receive the full developer reservation package and the most current pricing for your specific unit.
-
03
Contract & First Deposit
The purchase contract is executed with the developer, and the first deposit (typically 10–20% of the purchase price) is wired to the developer's escrow account at a Florida-licensed institution. All funds are protected under Florida pre-construction escrow law until milestones are reached.
-
04
Construction Milestones
Subsequent deposits are released as construction reaches defined milestones — typically groundbreaking, top-off, and certificate of occupancy. You'll receive quarterly construction updates, photo documentation, and the option to tour the unit once interiors are roughed in.
-
05
Closing & Delivery
At closing, the final balance is funded (cash or financing via approved lenders), title transfers, and you receive keys. Closing typically occurs 30–60 days after the developer issues the certificate of occupancy. Move-in coordination, designer access, and Mercedes-Benz/Bentley/Armani concierge enrollment all happen at this stage.
OPUS Coconut Grove FAQs
Answers to the most common questions about OPUS Coconut Grove pricing, amenities, and policies. For anything else, our team is here to help.
How much do OPUS Coconut Grove residences cost?
OPUS Coconut Grove pricing ranges from $2.5 million for three-bedroom layouts (2,500 sq ft) to $3.9M+ for top-floor penthouses (5,000 sq ft). 4-bedroom layouts approximately $3.5M (3,500 sq ft).
Who developed OPUS Coconut Grove?
OPUS Coconut Grove is developed by Meta Development — a focused boutique luxury developer.
Who designed OPUS?
Architecture and interior by Kobi Karp Architecture & Interior Design — Miami's most prolific architecture firm with extensive portfolio including District 225, Edge House Miami, Cove Miami, Millux Place, and many others.
When will OPUS be completed?
OPUS Coconut Grove delivery is targeted for summer 2026.
How many residences does OPUS have?
Just 14 exclusive residences across 6 stories — one of the most boutique pre-construction offerings in Coconut Grove.
What's included in each residence?
Premium Kobi Karp design with floor-to-ceiling windows, premium finishes, modern open layouts, expansive terraces. Top-floor penthouses include private terraces and rooftop access.
Why Coconut Grove?
Coconut Grove is Miami's oldest and most established neighborhood — known for lush parks, top schools, marinas, the historic Vizcaya Museum, and CocoWalk's evolving retail. OPUS provides boutique-scale entry into this market vs larger Grove projects like The Well Coconut Grove (194 units) or Four Seasons (70 units).
Are short-term rentals allowed?
OPUS Coconut Grove's HOA bylaws set the rental policy. Coconut Grove boutique buildings typically prioritize residential character with longer minimum lease terms.
