The Well Coconut Grove Location & Neighborhood
2855 Tigertail Avenue, Miami, FL 33133
The Neighborhood
What's within reach.
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CocoWalk Shopping & dining anchor of the Grove0.4 mi
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Regatta Park Bayfront park with marina & events0.6 mi
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The Barnacle Historic State Park Coconut Grove's historic estate0.7 mi
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Coconut Grove Metrorail Station Direct rail to airport & downtown1.2 mi
Life at The Well Coconut Grove
Coconut Grove is Miami's oldest continuously inhabited neighborhood — a walkable, tree-shaded village of architects, sailors, writers, and families who chose the Grove for its village scale and bayfront character. The Well Coconut Grove introduces a new tier of residential living: 194 wellness-integrated residences where biophilic design, curated air-light-water systems, and on-site holistic programming are built into daily life from the moment you walk through the door.
Wellness as Lifestyle
Beyond luxury finishes, The Well integrates wellness into the residential experience: an 11,000 sq ft Wellness Club, hyperbaric chambers, IV therapy, aerial yoga, communal bathhouse with steam/sauna/cold plunge, three crystal cave relaxation lounges, and a Fitness Forest on the 40,000 sq ft rooftop amenity deck.
Walkability
The Grove's village core is steps from the building. Sadelle's, Los Félix, Greenstreet Café, and dozens of other restaurants are walkable, along with CocoWalk shopping, Regatta Park, The Barnacle Historic State Park, and the bayfront promenade.
Schools
Coconut Grove is home to some of Miami's most acclaimed private schools, including Ransom Everglades, Carrollton, and the Coconut Grove Montessori. Public schools through Miami-Dade County are also within walking distance for many residences.
Brickell Access
Brickell is 10–15 minutes north by car. Downtown Miami is 15–20 minutes. The Metrorail Coconut Grove station offers direct service to the airport, downtown, and broader Miami-Dade.
Boutique Scale
With 194 residences across 8 stories — including 4 townhomes with private garden entries and 9 ground-floor lofts with 22-foot ceilings — The Well is intentionally low-rise and village-scaled, fitting Coconut Grove's character rather than overpowering it.
The Well 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 The Well 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. The Well 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 The Well Coconut Grove
Pre-construction purchases follow a different path than resale transactions. Here's what to expect, step by step.
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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.
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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.
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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.
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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.
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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.
The Well Coconut Grove FAQs
Answers to the most common questions about The Well Coconut Grove pricing, amenities, and policies. For anything else, our team is here to help.
How much do The Well Coconut Grove condos cost?
The Well residences start at approximately $1.4 million for one-bedroom configurations (960 sq ft). Two-bedroom layouts begin around $2.6M, three-bedroom at $4.2M, four-bedroom at $6.5M, and the signature penthouse from $9.8M. Townhomes start around $3.4M.
What is The Well brand?
The Well is a global wellness brand operating wellness clubs and retreats in New York, Costa Rica, Aspen, Mexico City, and elsewhere. The Well Coconut Grove is the brand's first fully integrated residential project — meaning wellness programming is built into the building's daily operations, not just amenitized as a 'gym + spa.'
Who is developing The Well Coconut Grove?
The Well Coconut Grove is being developed by Terra, the South Florida–based firm founded by David Martin. Architecture is by Arquitectonica, interior design by Meyer Davis, and landscape architecture by L&ND.
When will The Well be completed?
Delivery is scheduled for Q1 2028. Sales launched in 2024 with phased pre-construction deposits through closing.
How many residences are there?
The Well Coconut Grove has 194 residences across 8 stories, with 94 unique floor plans. The mix includes 4 townhomes with private garden entries, 9 ground-floor lofts with 22-foot ceilings, and a range of 1-, 2-, 3-, and 4-bedroom configurations on upper floors.
What's included in each residence?
Every residence includes spa-inspired bathrooms, flex spaces for in-home wellness practices, primary bedroom walk-in closets with built-in red light therapy, biophilic design principles, Samsung washers and dryers, Italkraft Italian closet systems, and Kraus Kore kitchen sinks.
What are the building amenities?
Amenities include the 11,000 sq ft (some sources list 13,000 sq ft) Wellness Club, 40,000 sq ft rooftop amenity deck with two pools, hot and cold plunges, private cabanas, Fitness Forest, pickleball court, mindful movement studio, communal bathhouse, three crystal cave relaxation lounges, tea garden, meditation garden, and on-site wellness concierge.
Is The Well Coconut Grove sustainable?
Yes — The Well is designed for Florida Green Building Design Silver Certification with integrated air, light, and water systems, biophilic design principles, and lush landscaping that blends seamlessly with the surrounding Grove environment.
