$6,940,884Average Value$1,589Average Price per Sq Ft13Homes For Sale
Impressive combination of security and amenities
Cocoplum is a Coral Gables neighborhood of multimillion-dollar homes, private docks and athletic courts, all tucked safely behind a 24-hour manned gate. “It’s the most comprehensive package of security and amenities in all of Coral Gables and the surrounding area,” says Tere Shelton Bernace, broker/co-owner at Shelton and Stewart Realtors, who has sold dozens of homes in the neighborhood. Yet, Cocoplum is not simply an exclusive playground for the wealthy. “There’s a real sense of community,” Shelton Bernace says. “You’ll see kids riding their bikes and adults on their golf carts along the streets. When you drive in, people stop and talk to you. It’s a very safe, family-friendly environment.”
Cocoplum offers many waterfront homes with private docks for boating enthusiasts.
Cocoplum is a gated community with a 24/7 guarded gate house.
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Mediterranean-style architecture is predominant among the estate homes and mansions
Bernace’s mother, Teresita Shelton, and business partner, Consuelo Stewart, were involved in the original development sales of Cocoplum in the 1970s, when the area was a beach for Coral Gables residents. Today, the community is comprised of around 400 estate-style homes and mansions on a series of residential islands. More than half are waterfront properties. The setting is typical Coral Gables. “There are beautiful tree canopies, and residents take their landscaping and upkeep of their homes seriously,” Shelton Bernace says. “The city also enforces codes to maintain the look of neighborhoods.” That look includes lots of homes with terra cotta roofs, decorative facades and fancy brick driveways. “Coral Gables is known for its Mediterranean architecture because it was developed in the 1920s, but homes have certainly evolved into more contemporary, transitional-type looks,” Shelton Bernace says. The community’s most exclusive homes are in Tahiti Beach, which has a separate gate and can only be accessed from a private road. There are fewer than 30 homes. Prices range from approximately $6 million for an older inland home to more than $20 million for a new build on the water. For Islands of Cocoplum, there is a $55,000 application fee for prospective homebuyers. There is an additional $100,000 application fee for purchasing a home in Tahiti Beach. Residents face a risk of hurricanes and related wind damage, and insurance rates will reflect that reality.
Italian Renaissance revival style homes are a common site in Cocoplum.
Cocoplum has a clubhouse for residents with many shared amenities.
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Boaters have direct access to Biscayne Bay
The community’s canals offer its boaters direct access to Biscayne Bay. The neighborhood has its own yacht club and marina, but prospective members must apply to be a part of it. Membership does not come with homeownership, and it is required to store a vessel at the marina. The community’s HOA is split up between Phase 1 and Phase 2, which includes all of the homes except those in Tahiti Beach. Resort-style amenities are spread throughout the community, but the bulk are concentrated around the Island of Cocoplum clubhouse in Phase 2. They include a pool, tennis courts, basketball courts, a beach volleyball court, a fitness center and a playground. All Cocoplum residents have access to the amenities in Phase 2. The clubhouse hosts holiday gatherings year-round.
Stand up paddling is a fun activity for Cocoplum residents to enjoy.
Cocoplum offers a private marina for its residents to enjoy.
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The Shops at Merrick Park, Shadow Wagyu among upscale retail and dining options
Nearby upscale retail options include the Shops at Merrick Park. Neiman Marcus and Nordstrom’s are its anchor stores. The Landmark at Merrick Park is a luxury movie theater that includes a bar. Residents can take advantage of the South Florida dining scene at several restaurants. Shadow Wagyu, located in a nondescript building in a shopping mall near Merrick Park, is a high-end butcher shop that doubles as a restaurant. “Great cuts of meat. Great burgers,” Shelton Bernace says. “They even have a chef’s table.” Bouchon Bistro is a local favorite. The French-inspired eatery is housed in the former La Palma Hotel in the heart of downtown Coral Gables. OMAKAI delivers a contemporary sushi experience near the Coconut Grove waterfront. For home-cooked meals, Whole Foods and Publix are nearby.
Shadow Wagyu is a Cocoplum favorite with some of the best burgers and a great butcher shop.
Many Cocoplum residents enjoy the famous Chicken Tender Sub from Publix's Deli.
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Sunset Elementary, Ransom Everglades School are top educational options
Sunset Elementary School, which earns an A from Niche, and Coral Gables Senior High School, which earns an A-minus, are top-rated public schools available to the community’s students. The high school offers the prestigious International Baccalaureate program. Ponce De Leon Middle is a B-rated school. The A-rated Mandlestam School, which serves students in pre-kindergarten through fifth grade, and the A-plus-rated Ransom Everglades School, which serves students in sixth through 12th grades, are nearby private options.
Ransom Everglades provides all levels of education form Elementary to High School.
Sunset Elementary School offices and administration.
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Conveniently located to Miami, other popular areas
While the community provides a private retreat, it’s also conveniently located to several South Florida destinations. “The neighborhood is kind of secluded, but it’s not far from anything,” Shelton Bernace says. “It offers great access to Coral Gables, Coconut Grove and South Miami.” U.S. Highway 1 is the closest major roadway, and it connects directly to the Brickell financial district and downtown Miami about 8 miles north. Miami International Airport is the same distance from the neighborhood. Multiple Metrorail stations are located within a few miles along U.S. 1. Coral Gables Hospital is less than 5 miles from the neighborhood.
Coconut Grove is just minutes from Cocoplum filled with shops and entertainment.
People can find beautiful homes along the waterways of Cocoplum.
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Cocoplum Demographics and Home Trends
On average, homes in Cocoplum, Coral Gables sell after 106 days on the market compared to the national average of 53 days. The median sale price for homes in Cocoplum, Coral Gables over the last 12 months is $6,775,000, down 15% from the median home sale price over the previous 12 months.
Welcome to a luxurious oasis located on the water in sought after Islands of Cocoplum in Coral Gables. This beautiful home was built by a prominent Miami Architect on a quiet street at the end of a beautiful cul-de-sac. Great floorplan, high ceilings and generous sized bedrooms. This property has lush greenery and 20-foot to 30-foot palm trees. It is incredible for welcoming family and friends.
A rare turnkey property situated in the ultra-exclusive, guard-gated enclave of Gables Estates, this fully-renovated Mediterranean residence by Briggs Edward Solomon offers high-end design & sophisticated luxury in one of the most prestigious communities in the US. The showpiece kitchen centers on a Nero Marquina marble island, Sub-Zero refrigeration & a custom Viking double range. The primary
Inside guard-gated Islands of Cocoplum, this individually gated private estate sits far back from the street on one of the community’s largest no-bridges-to-bay waterfront lots. 6 bedrooms, 6.5 baths. Thoughtful 2000s updates and expansion. 105’ on Lago Monaco wide waterway with a 60’ T-dock extending ~50’ into the channel for multiple vessels and protected dockage. A dramatic entrance gallery
Located in the prestigious South Gables this executive rental has been completely renovated and reimagined from top to bottom. The 3,917 square foot home is set back from the street on a gracious and private 39,493 square foot lot. It features 5 bedrooms, 4.5 bathrooms, office, and gourmet kitchen with high-end appliances. The flexible floorplan offers generous living spaces in the living room,
A very special home, designed by renowned architect Andres Duany. Over 100 ft of waterfront & private dock w/one high bridge access to Bay. Multiple offices/studios, a gym, beautiful outdoor areas & 2 bedroom wings make it ideal for work from home & privacy. Fully redone & expanded by current owner. Living areas include a grand entrance foyer & terrace, open plan living & dining with double
A true masterpiece of timeless elegance, this 6-bedroom, 6.2-bath estate spans over 9,400 sq. ft. in the private, guard-gated enclave of Tahiti Beach Island. Soaring double-height ceilings, marble and oak floors, and a newly designed chef’s kitchen set the stage for refined living. Every detail has been thoughtfully curated—from the state-of-the-art movie theater to the seamless indoor-outdoor
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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
