The Lincoln Coconut Grove and Cora Merrick Park are both boutique pre-construction condos in supply-constrained Miami submarkets, and they answer two different buyer questions. The Lincoln is the Coconut Grove scarcity play: 48 residences across eight stories at 2650 Lincoln Avenue, developed by LORE Development Group and Element Development, with Snaidero kitchens and Miele appliances, from $1.5 million, about 40 percent pre-sold, per Florida YIMBY. Cora Merrick Park is the Coral Gables wellness play: 74 residences across twelve stories at 4241 Aurora Street by Constellation Group and The Boschetti Group, designed by Arquitectonica, among the first Miami buildings pursuing IWBI WELL certification, from about $900,000 to over $4 million, per The Real Deal and PROFILEmiami. Both target 2028 delivery and both started construction in 2026. If you want a finished, walkable Grove condo with a fixed 48-unit supply, The Lincoln fits. If you want a wellness-built Coral Gables residence with a lower entry point and a wider price band, Cora fits. For the full picture, see the building comparison index.
Side-by-Side Comparison
| Category | The Lincoln Coconut Grove | Cora Merrick Park |
|---|---|---|
| Neighborhood | Coconut Grove | Coral Gables |
| Address | 2650 Lincoln Avenue | 4241 Aurora Street |
| Developer | LORE Development & Element Development | Constellation Group & The Boschetti Group |
| Architect | Paredes Architects | Arquitectonica |
| Structure | 8 stories | 12 stories |
| Total Units | 48 residences | 74 residences |
| Unit Types | 1BR+den to 4BR+den | 1 to 3 bedrooms + den |
| Sizes | 1,227 to 3,073 sq ft | 678 to 2,651 sq ft |
| Price From | $1,500,000 | About $900,000 |
| Focus | Boutique finishes (Snaidero, Miele) | Wellness (IWBI WELL pursuit) |
| Construction Status | Started June 2026, Q3 2028 delivery | Started April 2026, 2028 delivery |
Last verified June 2026. The Lincoln figures from Florida YIMBY and the developer. Cora Merrick Park figures from The Real Deal and PROFILEmiami (2026). All prices and dates are developer estimates and subject to change. Contact us for current specifications.
Price and Scale
The clearest difference is entry point and unit mix. The Lincoln starts at $1.5 million for 48 residences in an eight-story building, with layouts running from one-bedroom-plus-den to four-bedroom-plus-den and a den or office in every home. Cora Merrick Park starts at about $900,000 and runs to over $4 million for penthouses across 74 residences in a twelve-story building, with one- to three-bedroom-plus-den layouts. Cora has the lower floor and the wider band, which widens the buyer pool and adds smaller, more rentable units at 678 square feet. The Lincoln has a higher floor and a more uniform, finish-rich mix in a smaller building, which concentrates supply.
Developer and Design
The Lincoln Coconut Grove is developed by LORE Development Group, which emerged from the merger of Opportunity FII and Leste Group, together with Element Development, with Paredes Architects as architect and Winmar Construction as general contractor. Cora Merrick Park is developed by Constellation Group, led by Eduardo Otaola, with The Boschetti Group, designed by Arquitectonica with interiors by Urban Robot Associates and wellness programming by Lamarca Well. The same Cora partnership is also behind Ella Miami Beach. Both teams are building in scarce-land submarkets; The Lincoln leans on Grove finish quality, Cora on a recognized architecture firm and a wellness platform.
Wellness vs Finishes
This is where the two buildings diverge most. Cora Merrick Park is built around wellness: it is among the first Miami residential projects pursuing IWBI WELL certification, with an infrared sauna, steam room, contrast hydrotherapy pools, a rooftop pool deck, yoga and meditation spaces, a fitness center, and what the developer calls Coral Gables' first rooftop padel court. The Lincoln is a finish-led boutique condo: Snaidero Italian kitchens, full Miele appliance packages with optional Sub-Zero and Wolf upgrades, quartz countertops, up to 11-foot ceilings, Brizo and Toto bath fixtures, and a rooftop pool with a zen spa. One sells a health-focused way of living; the other sells turnkey luxury finishes.
Delivery Timeline
The timelines are close. Cora Merrick Park began construction in April 2026 with a 2028 completion, and its sales gallery has been open since October 2025. The Lincoln started construction in June 2026 with a Q3 2028 completion. Both are mid-construction-cycle pre-construction buys, so neither offers near-term occupancy. As always, pre-construction delivery dates are developer estimates and can shift during the construction cycle.
Who Should Pick Which
Pick The Lincoln if you want a small, finished, walkable Coconut Grove condo with a fixed 48-unit supply, top-tier Italian kitchens, and a den in every home, and you are comfortable with a $1.5 million floor. Pick Cora Merrick Park if you want a wellness-built Coral Gables residence across from the Shops at Merrick Park, a lower entry point near $900,000, and amenities organized around health. Both put you in a scarce-land Miami submarket where new boutique condos are rare, which is the underlying asset that supports long-term value.
"Coconut Grove and Coral Gables both run short on new land, so a small, well-built condo in either tends to hold its value. The real question is what you are buying for: The Lincoln's finish-rich, fixed-supply Grove address, or Cora's wellness platform and lower Coral Gables entry point. I tell buyers to request both developer packages and compare deposit structures and unit-line views before signing either."Gerardo Gonzalez, Licensed Real Estate Agent at Compass
My Recommendation
If your priority is a uniform, finish-rich boutique address in one of Miami's most supply-constrained luxury submarkets, The Lincoln is the stronger scarcity hold. If your priority is a wellness-built home at a lower entry point with a wider unit range, Cora Merrick Park is the practical pick. Either way, the best lines go first in small buildings. Read the full pages for each: The Lincoln Coconut Grove and Cora Merrick Park. Then contact me and I will pull the current price sheets and run a side-by-side on the specific units you are weighing.
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