Urbin Coconut Grove Location & Neighborhood
3162 Commodore Plaza, Miami, FL 33133
The Neighborhood
What's within reach.
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CocoWalk Directly adjacent — shopping, dining, cinema0.05 mi
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Regatta Park Bayfront park & marina0.5 mi
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Coconut Grove Metrorail Station Direct rail to airport & downtown1.0 mi
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Brickell Miami's financial district3.0 mi
Life at Urbin Coconut Grove
Coconut Grove's village core sits between Brickell's vertical density and Coral Gables' suburban quiet — a pedestrian-scale district anchored by CocoWalk, marina access, and Miami's most established walkable neighborhood. Urbin Coconut Grove targets a different buyer than the traditional luxury condo market: digital nomads, remote workers, and investor-buyers who want a flexible turnkey residence integrated with co-working, wellness, and an unprecedented 7% annual leaseback program.
Live-Work-Wellness
Urbin's defining concept: every property combines residences with co-working spaces, wellness amenities, and lifestyle-oriented retail — all accessible through a membership-based platform. Residents can roll out of bed and into a fully-staffed workspace, gym, or wellness center without leaving the building.
Leaseback Investment Program
Owner-investors can use their residences up to 90 nights per year while Urbin manages the unit as professionally-operated extended-stay rentals during their absence — generating a stated 7% annual triple-net return on purchase price.
Adjacent to CocoWalk
The building sits directly next to CocoWalk — Coconut Grove's anchor shopping, dining, and entertainment complex. Residents can walk to dozens of restaurants, the cinema, gyms, and boutiques.
Compact Urban Living
Studios start at 331 sq ft — efficient layouts designed for solo professionals and frequent travelers. Larger residences (up to 2,352 sq ft six-bedroom) accommodate families and groups.
Co-Working Built-In
On-site co-working spaces include private offices, conference rooms, and casual workspaces — eliminating the need for residents to travel to coffee shops or external co-working spaces.
Urbin 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 Urbin 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. Urbin 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 Urbin 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.
Urbin Coconut Grove FAQs
Answers to the most common questions about Urbin Coconut Grove pricing, amenities, and policies. For anything else, our team is here to help.
How much do Urbin Coconut Grove condos cost?
Urbin Coconut Grove pricing starts at approximately $480,000 for a 331 sq ft studio. One-bedroom units begin around $720K, two-bedrooms from $1.1M, four-bedroom from $2.2M, and six-bedroom (the largest configuration) from $3.4M.
What is the 7% leaseback program?
Urbin Coconut Grove offers an industry-rare leaseback program: owners use their residence up to 90 nights per year, and Urbin professionally manages the unit as an extended-stay rental for the remaining time. The advertised return is 7% annual triple-net based on purchase price — meaning operating expenses are deducted before the owner's share.
Can I use my Urbin residence as a primary home?
Yes — owners can elect to use their residence year-round as a primary or secondary home. The leaseback program is optional. The building is structured to support both full-time residents and investor-owners.
Who designed Urbin Coconut Grove?
Urbin Coconut Grove was designed by Arquitectonica with Paredes Architects, with all residence interiors by A.M. Studio. Construction was developed by Location Ventures.
When will Urbin Coconut Grove be completed?
Urbin Coconut Grove is currently in pre-construction with delivery expected in 2026. Contact our team for current sales availability and construction timeline updates.
Are the residences delivered furnished?
Yes — all Urbin residences are delivered turnkey with designer furnishings by A.M. Studio. This eliminates the typical post-closing furnishing period and supports the leaseback rental program from day one.
What are the building amenities?
Urbin features a rooftop pool with sundeck, comprehensive wellness center, food and beverage venues, gourmet market, flexible workspace offerings, conference rooms, fitness center, and social activations through the membership-based lifestyle platform.
Is Urbin Coconut Grove different from the Miami Beach Urbin?
Yes. Urbin operates multiple locations in South Florida — Miami Beach and Coconut Grove are two separate projects, each tailored to their neighborhood. Coconut Grove's site sits adjacent to CocoWalk; Miami Beach's location is in the South Beach core. Both share the same membership-based live-work-wellness philosophy.
