The Lincoln Coconut Grove: Prices, Floor Plans & Available Units

Coconut Grove sits on Biscayne Bay just south of Brickell and downtown Miami, a leafy, walkable village of cafes, galleries, theaters, and waterfront parks. It is one of Miami's oldest neighborhoods and one of its most supply-constrained: land for new condos is scarce, so new boutique buildings here are rare events rather than a steady stream. That scarcity is the backdrop for The Lincoln Coconut Grove. At 48 residences across eight stories, it is a small building by design, and that intimacy is part of the pitch.

According to Florida YIMBY, LORE Development Group and Element Development started construction on The Lincoln Coconut Grove in June 2026 at 3151 SW 27th Avenue, an address that updates to 2650 Lincoln Avenue on completion. The partners purchased the 20,970-square-foot site for $8.56 million in 2023. Paredes Architects is the architect, Design Philosophy designed the interiors, and Winmar Construction is the general contractor. The developers intend to complete the project by the third quarter of 2028. At the time of the construction-start report, roughly 40 percent of the 48 units, about 19 homes, had already been pre-sold, with prices starting at $1.5 million.

The unit mix runs from one-bedroom-plus-den residences through two-, three-, and four-bedroom-plus-den layouts, measuring approximately 1,227 to 3,073 square feet, according to the developer's published floor plans. Every residence includes an in-suite den or office, up to 11-foot ceilings, porcelain floors, 8-foot doors with concealed hinges, and spacious private balconies with glass railings. The current listed range runs from about $1,520,000 to $3,115,000. For a buyer, the appeal is a finished, low-density building in a neighborhood where new product almost never appears, at a price point well below Coconut Grove's bayfront ultra-luxury towers.

The amenity program is built around wellness and a rooftop, per the developer. The rooftop holds a resort-style pool and observation deck with panoramic bay and city views and a 40-foot heated lap pool with covered cabanas. A zen, spa-inspired wellness area adds a sauna, steam room, and hot and cold plunge tubs, plus an outdoor yoga and meditation area. Indoors there is a state-of-the-art fitness center, a co-working lounge, a golf simulator, a media area, and a multi-purpose pool table, along with an enclosed private dog park and grooming room. Building services include 24/7 front desk and security, valet parking, EV-ready parking, a secured parcel room, an enclosed bicycle room, and a backup generator. For a boutique building, that is a deep amenity set, which is what keeps a small Grove condo competitive against larger towers nearby.

Inside the residences, the developer specifies Snaidero Italian-designed kitchens with islands up to 10 feet long and quartz countertops, full Miele appliance packages with optional Sub-Zero and Wolf upgrades, a built-in Miele wine fridge, and integrated paneled refrigeration sized to each layout. Primary bathrooms use Brizo fixtures, marble countertops, floor-to-ceiling glass shower panels, and Toto toilets. Every home is smart-technology-ready and pre-wired for high-speed Wi-Fi, with smart thermostats and recessed LED lighting. That is a finish level you usually see in larger luxury towers, delivered here in a 48-unit building.

The Lincoln is a pre-construction project, which means the developer releases pricing, deposit terms, floor plans, and availability on a price sheet that updates through the sales cycle. The published payment plan is 20 percent at contract, 10 percent at groundbreaking, 10 percent at the fifth-floor concrete pour, and 60 percent at closing. I am the contact for all of it. If you want the current price sheet, want to see which lines and stacks remain, or want me to walk you through the floor plans before you reserve, call me at 305-964-8614 or visit the contact page. I can also compare The Lincoln against the other luxury condos in Coconut Grove so you see the full picture before you commit.