Exclusive | Ken Griffin's Coconut Grove Neighbors Want $110 Million for Their Home

February 27, 2026 - 04:08

A new listing in Miami's historic Coconut Grove neighborhood is poised to shatter local real estate records, with homeowners setting an astonishing asking price of $110 million. This figure represents a stratospheric sum for the lush, bayside enclave, signaling how profoundly the area's market has been transformed by an influx of ultra-wealthy buyers.

The property in question is situated near billionaire investor Ken Griffin, who purchased the most expensive home ever sold in the United States in the nearby area. The proximity to such high-profile residents underscores the neighborhood's rising cachet among financial elites. The home itself is described as a sprawling, newly constructed estate offering extensive waterfront, premium finishes, and complete privacy.

Just a few years ago, a price tag of this magnitude would have been unthinkable for Coconut Grove, long known for its bohemian charm and more modestly scaled luxury. This listing is the latest evidence of South Florida's explosive premium market, where demand from out-of-state buyers continues to push the boundaries of valuation and redefine what constitutes a local trophy property. The sale, if successful, would set a new benchmark for the entire Miami region.