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 ⅓ 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.

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 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.