The number that defines Ziggurat Coconut Grove is not its price, its square footage, or its floor count. It is 19. Nineteen residences, total, in the entire building. In a Miami luxury market where “boutique” is routinely applied to buildings with 80 or 100 units, Ziggurat is genuinely boutique in a way that has direct investment implications most buyer conversations don’t address.
Disclosure: ONE Sotheby’s International Realty is the sales team for Ziggurat Coconut Grove. I am a Broker-Associate with ONE Sotheby’s International Realty.
This is not a building specification post. If you want the full specification breakdown — the Wolf and Sub-Zero appliance packages, the Dornbracht fixtures, the 12-foot terrace depths, the Michelin-star rooftop dining — read the complete Ziggurat buyer’s guide at MiamiPenthousesAndEstates.com. That guide has every detail from the developer’s own materials.
This post is the investment thesis: why 19 residences matters, what the Coconut Grove market context means for a buyer entering now, and what you should understand about Ziggurat’s competitive position before you make a decision.
Ziggurat Coconut Grove at a Glance
| Detail | Ziggurat Coconut Grove |
|---|---|
| Address | 3101 Grand Avenue, Coconut Grove, Miami |
| Residences | 19 |
| Developer | Allen Morris Company |
| Architect | Oppenheim Architecture (Chad Oppenheim) |
| Status | Under construction; groundbreaking in 2026 |
| Sales | 65% sold at groundbreaking, per the February 2026 announcement |
| Pricing | Available on request |
| Sales team | ONE Sotheby’s International Realty |
The Residences and the Design
Ziggurat is one of the smallest luxury condominium buildings in Coconut Grove, with 19 residences designed by Chad Oppenheim of Oppenheim Architecture. At that scale, the building behaves less like a tower and more like a collection of private homes, with few neighbors per floor and very limited supply.
The design is biophilic, meaning planting and natural materials are built into the architecture rather than added afterward. Terraces run 12 feet deep, which makes them usable outdoor rooms rather than balconies. Kitchens carry Wolf and Sub-Zero appliances, and bathrooms carry Dornbracht fixtures. The building also includes rooftop dining.
Floor plans, residence sizes and current availability change as the building sells, so I share them directly rather than publish them here. Contact me for the current floor plans.
Where Ziggurat Sits: 3101 Grand Avenue
Ziggurat stands at 3101 Grand Avenue, next to Kirk Munroe Park and within walking distance of the bayfront promenade. That places it in Coconut Grove’s walkable core rather than on the high-rise waterfront along South Bayshore Drive, where Park Grove and Grove at Grand Bay stand.
That distinction matters. Buyers choosing Ziggurat are choosing a boutique, park-side residence in the village over a larger tower on the water. For the wider neighborhood picture, see the Coconut Grove neighborhood guide and the best luxury condo buildings in Coconut Grove.
Why 19 Residences Is an Investment Credential, Not Just a Lifestyle One
In the resale market, boutique scale creates a specific dynamic that larger buildings cannot replicate: scarcity of comparables. When a 400-unit Brickell tower has 30 units for sale simultaneously, buyers have options, sellers have competition, and pricing is constrained by the depth of available supply. When a 19-unit building has 3 units for sale — which is the realistic maximum turnover rate for a building this size — each sale is an event rather than a data point.
This matters for buyers entering Ziggurat now because the pre-construction window is the only time to acquire at an early pricing tier before the building’s resale market establishes itself. With 65% sold at groundbreaking per the February 2026 announcement, approximately 6 to 7 residences remain available — and that count declines with each transaction rather than restocking.
The historical pattern for well-positioned boutique buildings in Miami’s luxury market is consistent: scarcity of resale comparables, combined with the low annual turnover that comes from buyers who chose the building specifically for its scale and are in no hurry to leave, produces pricing support that larger buildings cannot generate. Grove at Grand Bay — 95 residences, Bjarke Ingels architecture, three blocks away, two active listings above $5 million, at $7,800,000 and $7,850,000, as of September 2026. The architectural pedigree and the boutique scale together created a resale floor that has held through multiple market cycles.
Ziggurat’s 19 residences and Oppenheim’s architectural distinction set up the same dynamic for the next decade.
The Coconut Grove Market Context in 2026
The broader Coconut Grove market is undergoing a repricing that gives Ziggurat’s pre-construction entry point a specific forward-looking value. Four Seasons Private Residences Coconut Grove — the neighborhood’s most ambitious incoming development — is pricing at approximately $4,000 per square foot, alongside $734 million in construction financing that confirms institutional confidence in the corridor. That pricing will establish a new ceiling for Coconut Grove’s luxury market at delivery — and everything that delivers before it, at a lower per-square-foot basis, benefits from the ceiling it creates.
Ziggurat’s pricing — available on request rather than publicly posted — is entering a market where the gap between current resale pricing and incoming new construction benchmarks is the most significant value spread in any Miami-Dade luxury corridor right now. The buyer who enters Ziggurat at pre-construction pricing before the Four Seasons benchmark crystallizes is positioned analogously to the buyer who entered Park Grove or Grove at Grand Bay before Coconut Grove’s broader repricing was fully underway.
None of this is a guarantee. Pre-construction acquisitions carry execution risk regardless of developer pedigree. Allen Morris Company’s track record is strong — six decades of South Florida development without a notable failure — but a 2026 groundbreaking means a buyer is committing capital years before occupancy. That’s the honest tradeoff, and it applies here as at every pre-construction building in this guide series.
What Coconut Grove’s Luxury Condos Actually Trade At
Between January 2024 and September 2026, Coconut Grove recorded 58 closed condominium sales above $5 million.
| Building | Closed $5M+ | Median sold | Highest sold | Median $/sq ft | Median days on market | Active $5M+ |
|---|---|---|---|---|---|---|
| Park Grove | 16 | $7,000,000 | $22,500,000 | $2,255 | 90 | 3 |
| Grove at Grand Bay | 12 | $7,257,500 | $19,500,000 | $1,869 | 268 | 2 |
| Grove Isle | 7 | $8,682,500 | $19,800,000 | $2,408 | 182 | 15 |
| Other Coconut Grove | 23 | $6,200,000 | $16,150,000 | $1,768 | 116 | 13 |
| All Coconut Grove | 58 | $7,000,000 | $22,500,000 | $2,125 | 131 | 33 |
These are context, not comparables. Ziggurat is being sold directly through the sales team and does not appear in MLS closed-sale data, and its 19-residence scale has no true equivalent in the neighborhood. What the table does show is the price level of established Coconut Grove luxury, a median of $2,125 per square foot and 93% of asking at closing, and how differently the major buildings trade. Park Grove sold in a median of 90 days. Grove at Grand Bay took 268.
What Makes Ziggurat Specifically Defensible
Most pre-construction investment theses in Miami rest on location, brand, or scale. Ziggurat’s thesis rests on all three simultaneously, which is unusual.
Location: 3101 Grand Avenue is the geographic center of Coconut Grove’s walkable village core — directly across from Kirk Munroe Park, steps from the neighborhood’s Michelin-starred restaurant corridor, and within walking distance of the bayfront promenade. No other new construction project in Coconut Grove occupies this specific intersection of walkability, park adjacency, and village character.
Architecture: Oppenheim Architecture is among the most internationally recognized practices to emerge from South Florida. Chad Oppenheim’s body of work — biophilic, material-forward, responsive to climate and landscape — has a documented appreciation pattern in Miami’s luxury resale market that reflects the same dynamic as Bjarke Ingels Group’s work at Grove at Grand Bay. Architectural pedigree, in a market sophisticated enough to recognize it, is a durable price premium rather than a temporary one.
Scale: The 19-residence count is not incidental. It is what makes this a building rather than a development — a specific, finite community of owners who chose the same thing at the same moment, rather than a statistical sample of a larger population. The resale market that forms around 19 homes is fundamentally different from the one that forms around 190.
The ONE Sotheby’s Relationship
ONE Sotheby’s International Realty is the sales team for Ziggurat Coconut Grove. That means I have direct access to current availability, pricing, and developer relationships that are not accessible through a listing portal or a cold inquiry to a sales center. It also means I have a professional obligation to give you an accurate picture of where the project stands rather than a promotional one.
Current availability is thin. With approximately 6 to 7 residences remaining out of 19, the window to choose your specific floor plan and configuration — rather than taking what’s left — is narrowing. Pricing is available directly through me. The complete specification is at the MPE guide linked above.
Frequently Asked Questions
What is Ziggurat Coconut Grove?
Ziggurat Coconut Grove is a 19-residence luxury condominium at 3101 Grand Avenue in Coconut Grove, Miami, designed by Oppenheim Architecture and developed by Allen Morris Company. It broke ground in 2026.
Who designed Ziggurat Coconut Grove?
Ziggurat was designed by Chad Oppenheim of Oppenheim Architecture, with a biophilic approach that builds planting and natural materials into the architecture. The developer is Allen Morris Company.
How many residences are at Ziggurat?
Ziggurat has 19 residences, which makes it one of the smallest luxury condominium buildings in Coconut Grove.
Are there Ziggurat Coconut Grove condos for sale?
Ziggurat was 65% sold at groundbreaking, according to the February 2026 announcement. Availability changes as residences sell, so contact me for the residences currently available and their floor plans.
How much do residences at Ziggurat cost?
Pricing is available on request rather than publicly posted. For context, Coconut Grove condominiums above $5 million closed at a median of $7,000,000, or $2,125 per square foot, between January 2024 and September 2026. Contact me for current Ziggurat pricing.
When will Ziggurat Coconut Grove be completed?
Ziggurat broke ground in 2026 and is under construction. Contact me for the current construction and delivery schedule.
How do I contact the Ziggurat Coconut Grove sales team?
ONE Sotheby’s International Realty is the sales team for Ziggurat Coconut Grove. Contact Ashton Coleman at 305.978.7704 or AColeman@onesothebysrealty.com for floor plans, availability and pricing.
Buying at Ziggurat Coconut Grove?
A residence at Ziggurat cannot be valued from Coconut Grove averages or from the price per square foot of the towers along South Bayshore Drive. Its scale, floor position, terrace orientation, park and bay exposure, and the handful of residences still available all shape what a specific residence is worth.
If you’re evaluating a residence at Ziggurat Coconut Grove, or comparing it with Park Grove, Grove at Grand Bay or another Coconut Grove condominium, contact Ashton Coleman for current floor plans, availability and a comparison using recent closed sales in the neighborhood.
Explore Coconut Grove luxury condominiums and residences through Miami Penthouses & Estates.
📞 305.978.7704
📧 AColeman@onesothebysrealty.com
🌐 Full buyer’s guide: MiamiPenthousesandEstates.com
ONE Sotheby’s International Realty is the sales team for Ziggurat Coconut Grove. This offering is made only by the prospectus for the condominium. All information is subject to change without notice. Verify all details with your legal and financial advisors prior to entering any transaction.
