Cocoplum
Introduction
General Overview
Cocoplum, a private and gated community tucked in the lavish Coral Gables, creates a sought-after exclusive community for the affluent in Miami. Top-class amenities such as 24-hour strict security, a clubhouse, yacht club, and full-service marina await residents in this waterfront neighborhood.
There are only around 302 homes within Cocoplum, and around 20 homes in Tahiti Beach, another subdivision within Cocoplum.
Location
Cocoplum is within the jurisdiction of Coral Gables. Coconut Grove is just a 12-minute drive away while Miracle Mile and Brickell are just 10 to 18 minutes from Cocoplum. The neighborhood of Cocoplum is easily accessible from Miami International Airport.
Real Estate Community in Cocoplum
Average Land Area/House Square Feet
Homes in Cocoplum have square footages of around 2,140square feet to over 18,300 square feet. Lot areas range from around â…“ acre to over 1.5 acres to accommodate swimming pools and private docks.
Common Property Types or House Styles
Large mansions, some of which are waterfront estates, make up the Cocoplum neighborhood. These huge residences feature tropical landscaping, luxurious amenities, and expansive yards or private docks.
Average Market Pricing
Homes for sale in Cocoplum are typically priced from around $3,000,000 to over $36,000,000. The prices of these properties may be on the steep side, but factoring in the large living spaces, modern fixtures, and luxurious architecture, the price point is definitely worth it.
Common Design, Construction, or Architectural Types
Homes in Cocoplum vary in architectural designs, simply because homeowners seek the expertise of world-renowned architects when designing their homes. Some of the recurring styles in Cocoplum are Tuscan, transitional, and Meditteranean.
Notable Homeowners
Hilda Maria Bacardi, heiress to the Bacardi brand, used to own a 21,000-square foot Cocoplum mansion before she listed it on the market for $27.3 million. It was a 12-bedroom waterfront home sitting on a 1.3-acre lot, featuring a 100-foot dock, 400-feet waterfront, a pool, wine cellar, and a two-bedroom guesthouse.
Marc Anthony bought a 12-bedroom , 21-square foot Mediteranean mansion for $19 million in Cocoplum as well. Singer Luis Fonsi and his wife also have a Mediterranean-style estate in the wealthy neighborhood of Cocoplum. It has seven rooms, six bathrooms, cathedral ceiling, marble floors, and a boat dock with access to Biscayne Bay.
Living in Cocoplum
General Cost of Living
Coral Gables, the community where Cocoplum is, scores 165 on the cost of living index. The national average is 100. The general cost of living in the city is 66% higher than the Florida average. Housing costs are 208% higher than the national average.
Employment/Job Opportunities
Average household income in Coral Gables is around $96,887. Some of the most profitable career sectors are in healthcare, legal, architecture, engineering, and arts and entertainment.
Weather
Warmest months are July and August, with an average temperature of 91°F. Meanwhile, January is the coldest month, with temperatures ranging from 60.1°F to 75.9 °F.
Restaurants
Cocoplum is near downtown Miami and within Coral Gables, so the dining options are endless, from fine dining to casual eats. Head to Mamey Miami in THesis Hotel for island-inspired dining. Palme d’Or at the Biltmore Hotel for exquisite French cuisine and a large list of wine selections . Caviar Russe is your go-to place for caviar and champagne.
Schools
Students living in Cocoplum attend school in Ransom Everglades, Gulliver Preparatory, Carrollton School of the Sacred Heart, Lourdes Academy, Temple Beth Am, The University of Miami, Westminster Christian, and Palmer Trinity.
Transportation
The only mode of transportation within Cocoplum is your private vehicle. However, getting around Coral Gables is easier thanks to the free trolley. There are two routes: North/South Ponce de Leon Boulevard and Grand Avenue Loop Route.
Parks, Recreational Activities, and Attractions
Cocoplum, although detached from the hustle and bustle of the busy metropolis, is still connected to the conveniences of city life.
Cocoplum residents can have exclusive access to the private yacht club, swimming pool, children’s playground, fitness center, tennis courts, and its breathtaking beaches, all for a membership fee.
Since Cocoplum is within Coral Gables, residents can also spend a day or two at the historic Biltmore Hotel. Fairchild Tropical Botanic Garden and Matheson Hammock Beach and Park are worth a visit. Merrick Park and Miracle Mile are popular among homeowners who love shopping from high-end brands.
The downtown also has some amazing entertainment and recreation options for Cocoplum residents.
Experience resort-style living in one of the most desirable gated communities in Miami, Cocoplum in Coral Gables. Get in touch with The Jills Zeder Group at 305.722.5721 or 305.341.7447 and let us help you find the perfect Cocoplum home for you and your family.