South Florida New Construction · The Lincoln Coconut Grove
48 residences across 8 floors.
By Josh Stein · Florida license SL3057661 · Updated 2 November 2026Leer en español →
4 condos for sale at The Lincoln Coconut Grove, average list price $1,335.08 per sq ft (total list price ÷ total sq ft).
- Asking range$1,520,000 to $3,115,000
- List price per sq ft$1,335.08
- Sold, 12 months0
Listing information is deemed reliable but is not guaranteed and is provided exclusively for consumers' personal, non-commercial use. Data is supplied by the MLS and may be subject to change or withdrawal without notice.
Last updated November 7, 2026, 3:44 pm
Key facts about The Lincoln Coconut Grove
| Address | 2650 Lincoln Avenue, Miami FL 33133 |
|---|---|
| For sale now | 4 |
| List price range | $1,520,000 to $3,115,000 |
| Size | 1,227 to 2,611 sq ft |
| Bedrooms | 1 to 4 BR |
| List price per sq ft | Average $1,335.08, low $1,193, high $1,481 |
| Monthly HOA | $2,024 to $4,308 |
| Year built | 2027 |
| Amenities | Business Center, Cabana, Clubhouse, Community Kitchen, Elevators, Fitness Center, Hobby Room, Maintenance Grounds, Management, Parking, Pool, Sauna, Spa Hot Tub, Storage |
| Neighborhood | Miami |
Residences at The Lincoln Coconut Grove
| Bedrooms | For sale | Size (sq ft) | List price | Avg $/sq ft | Last sale |
|---|---|---|---|---|---|
| 1 | 1 | 1,227 | $1,520,000 | $1,238.79 | |
| 2 | 1 | 1,591 | $2,356,000 | $1,480.83 | |
| 3 or more | 2 | 2,026 to 2,611 | $2,962,000 to $3,115,000 | $1,310.55 |
Verified 24 September 2026Florida YIMBY, The Real Deal, Multi-Housing News +13 more16 sources
The Lincoln, Coconut Grove — corner exterior with planted balconies and a glass-fronted ground floor, developer rendering
The Lincoln, Coconut Grove — double-height lobby with sculptural pendant lighting, developer rendering
The Lincoln, Coconut Grove — residence living room and open kitchen at sunset, developer rendering
The Lincoln, Coconut Grove — primary bedroom with treetop view, developer rendering
The Lincoln, Coconut Grove — primary bathroom, developer rendering
The Lincoln, Coconut Grove — fitness studio with floor-to-ceiling glazing, developer rendering
Building facts
- Address
- 2650 Lincoln Avenue (county: 3151 SW 27th Avenue)
- Neighborhood
- Coconut Grove
- Completion
- Targeted Q3 2028 (trade press, 9 Sep 2026)
- Floors
- 8
- Residences
- 48
- Status
- Under construction; over 40% sold in September 2026 reports
- Developer
- LORE Development Group and Element Development
- Architect
- Paredes Architects
- Pricing, as of 8 Sep 2026
- From $1.5 million
Key Takeaways
- 48 residences across 8 floors — at 2650 Lincoln Avenue, which the county lists as 3151 SW 27th Avenue (Florida YIMBY, 14 June 2026; The Real Deal, 4 December 2024).
- Status: under construction — Florida YIMBY reported on 14 June 2026 that construction had started, and The Real Deal (8 September 2026) and Multi-Housing News (9 September 2026) say it started in August; I have not found a source that reconciles the two. The county lists the site as vacant land as of 24 September 2026.
- Developed by LORE Development Group and Element Development; the architect is Paredes Architects and ONE Sotheby’s International Realty is the exclusive sales agent (Florida YIMBY, 9 September 2026).
- Completion: third quarter of 2028 targeted (Florida YIMBY, Multi-Housing News and Connect CRE, 9 September 2026); The Real Deal says the end of 2028. I have not found a completion date from the developer itself.
- Pricing: from $1.5 million (The Real Deal, 8 September 2026), with more than 40% of the residences sold as of that report. Confirm current availability with the developer.
- Bought pre-construction at The Lincoln Coconut Grove? — before closing, a sale is usually an assignment of your purchase contract, and whether that is allowed depends on its assignment clause; after closing it is an ordinary resale. Ask Josh what your unit could sell for at delivery on WhatsApp.
What is being built at The Lincoln Coconut Grove?
The Lincoln Coconut Grove is a boutique eight-story building of 48 residences at 2650 Lincoln Avenue, adjacent to SW 27th Avenue (Commercial Observer, 9 September 2026); the county carries the site as 3151 SW 27th Avenue, and Florida YIMBY says the street address will change to 2650 Lincoln Avenue after completion (14 June 2026). LORE Development Group and Element Development are the developers, and the developer’s legal notice names 3151 SW 27Ave PropCo LLC as the entity developing the project. Paredes Architects is the architect of record, Design Philosophy the interior designer, Cité Arquitetura the façade consultant and Winmar Construction the general contractor (Multi-Housing News and Florida YIMBY, 9 September 2026). ONE Sotheby’s International Realty is the exclusive sales and marketing agent, and the developer’s sales gallery is at 2701 Day Avenue (developer’s website, read 24 September 2026).
Where it stands on 24 September 2026. The September trade reports describe a project under construction. Florida YIMBY refers to a recent groundbreaking celebration, and The Real Deal and Multi-Housing News say construction started in August; Florida YIMBY had already reported on 14 June 2026 that construction had started, and I have not found a source that reconciles June and August. The developers closed a $58 million construction loan from SME Capital, arranged by Berkadia, with a 30-month term and two six-month extension options (Florida YIMBY, 9 September 2026; The Real Deal, 8 September 2026). Completion is targeted for the third quarter of 2028 (Florida YIMBY, Multi-Housing News and Connect CRE, 9 September 2026); The Real Deal says the end of 2028, and ONE Sotheby’s own development page lists delivery as 2027 (read 24 September 2026). I have not found a completion date on the developer’s website, in its fact sheet or in its February 2026 brochure.
Sales were announced to begin in late December 2024, with prices from about $1.5 million (The Real Deal, 4 December 2024; Florida YIMBY, 6 December 2024). In 2026 the starting price is reported as $1.5 million (Florida YIMBY, 14 June 2026; The Real Deal, 8 September 2026). Florida YIMBY counted 19 of the 48 residences pre-sold on 14 June 2026, and the September reports say more than 40% are sold (The Real Deal, Multi-Housing News and Florida YIMBY, 8 to 9 September 2026; Commercial Observer says 40%). A Lore executive told The Real Deal that three of the seven four-bedroom residences had sold and that the team was negotiating two more.
Have a question about The Lincoln Coconut Grove? This page is built from the developer’s own materials, the trade press and the county record, not a listing feed. If you want what has actually closed here, or an honest read on whether it suits you, ask me directly.
The residences are one- to four-bedroom plans, each with an in-suite den, plus six penthouses (developer’s fact sheet and website, read 24 September 2026; Multi-Housing News, 9 September 2026). The developer’s key plans (uploaded July 2025, read 24 September 2026) put the residences on levels 2 to 7, with interior areas from 1,227 square feet (a one-bedroom-plus-den) to 2,611 square feet (a four-bedroom-plus-den) and penthouse interiors of 2,368 to 2,983 square feet; adding balconies and terraces, the largest penthouse totals 3,633 square feet. The press quotes the sizes differently: about 1,200 to 3,630 square feet (Florida YIMBY, 14 June 2026), 1,353 to 3,073 square feet for the residences and up to 3,633 for the penthouses (Multi-Housing News, 9 September 2026), and 1,227 to 2,983 square feet on ONE Sotheby’s page. The developer says ceilings run up to 11 feet, with Snaidero kitchens, Miele appliances and large balconies with glass railings.
Amenities, per the developer: a rooftop pool deck with a 40-foot heated lap pool (its key plans show 15 by 40 feet), cabanas, an observation deck, a yoga and meditation area and summer kitchens; a wellness area with sauna, steam room and hot and cold plunge tubs, and a fitness center; a resident’s lounge with co-working space, a golf simulator, a media area and a pool table; an enclosed private dog park and a grooming room. Building features include valet parking, a 24-hour front desk, EV-ready parking, an emergency generator and private storage rooms available for purchase (developer’s fact sheet and website, read 24 September 2026).
Also new in Coconut Grove: Raffles Residences Coconut Grove, 35 homes from $4.5M per the developer, October 2026, at 2545 South Bayshore Drive (announced 29 October 2026).
Around the site
The Real Deal (8 September 2026) places the site north of a cluster of recently built Coconut Grove condo towers near the bayfront, including Grove at Grand Bay, Park Grove and Mr. C Residences, and notes that Element co-developed Glasshaus, a five-story, 23-unit condo building at 3161 Center Street, across the street. In December 2024 The Real Deal reported that the developers had secured zoning approval and a height and density waiver for The Lincoln. I have not found a source that compares The Lincoln with other Coconut Grove buildings on scale or supply.
What the county record shows
The Miami-Dade Property Appraiser lists the site as a single folio, 01-4122-001-0500, in the Rhodes Amended Plat of New Biscayne, with site addresses 3151, 3163 and 3167 SW 27 Ave. The owner of record is 3151 SW 27Ave PropCo LLC, the entity the developer’s legal notice names as developing the project (retrieved 24 September 2026). The county classifies the folio as vacant commercial land, with no building value in 2024, 2025 or 2026, although the trade press reports that construction has started; I have not found a source that says when the roll will reflect the building. A search for 3151 SW 27 Ave returns only this folio and a search for 2650 Lincoln Ave returns none, so no condominium units were on the roll on 24 September 2026.
On the county’s record of 24 September 2026 the lot is 19,337 square feet (0.44 acre), in two land lines of 6,337 and 13,000 square feet, and its legal description carries a unity of title and right-of-way deductions. Florida YIMBY (14 June 2026) gives the site as 20,970 square feet, which is also what the roll showed when I pulled it on 7 September 2026, and Commercial Observer (9 September 2026) calls it a 0.5-acre site. I have not found a source that says why the county’s figure changed. The county’s zone label is “CEN-PEDESTRIAN ORIENTATIO” (municipal zone T5-O).
Assessed land value was $1,045,500 in both 2024 and 2025 and $2,900,550 in 2026. The land lines show the change: 6,970 square feet at $150 per square foot in 2024 and 2025, and 19,337 square feet at the same $150 in 2026, so the increase follows the land area on the roll rather than a valuation of construction.
The county lists two qualified sales, both flagged as multi-parcel sales, so neither price belongs to this folio alone: $8,556,000 on 1 August 2023, by warranty deed to 3151 SW 27Ave PropCo LLC from an LLC that had itself bought in April 2017 for $4,625,000. Florida YIMBY (14 June 2026) reports the developers bought the site for $8.56 million in 2023 and Commercial Observer (9 September 2026) $8.6 million, both consistent with the deed.
Sources and further reading
- The Lincoln Coconut Grove — official developer website, home page and legal notice, read 24 September 2026 (48 residences, one- to four-bedroom; project location 2650 Lincoln Avenue; sales gallery at 2701 Day Avenue; developed by 3151 SW 27Ave PropCo LLC; ONE Sotheby’s named as affiliated but not the developer)thelincolncoconutgrove.com
- The Residences — official developer website, read 24 September 2026 (48 residences; up to 11-foot ceilings; Snaidero kitchens and Miele appliances; rooftop, wellness and lounge amenities; enclosed dog park)thelincolncoconutgrove.com
- Team — official developer website, read 24 September 2026 (LORE Development Group, Paredes Architects, Cité Arquitetura, Design Philosophy, ONE Sotheby’s International Realty)thelincolncoconutgrove.com
- Key Plans — developer PDF, uploaded July 2025 by its web address, text read 24 September 2026 (residences on levels 2 to 7, six penthouses, rooftop pool deck; unit interior and exterior areas; rooftop pool 15 by 40 feet)thelincolncoconutgrove.com
- Fact sheet — developer PDF, uploaded January 2025 by its web address, text read 24 September 2026 (48 residences, one to four bedrooms plus a den; building features; amenities; green building certification listed without naming the program)thelincolncoconutgrove.com
- Brochure — developer PDF, uploaded February 2026 by its web address, text read 24 September 2026 (48 residences; sales gallery; states no story count, completion date or price)thelincolncoconutgrove.com
- Construction Starts on ‘The Lincoln Coconut Grove’ at 3151 SW 27th Ave, Miami, FL — Florida YIMBY, 14 June 2026 (eight stories, 20,970 sq ft site, 48 units, about 1,200 to 3,630 sq ft, from $1.5 million, 40% (19 units) pre-sold, 2023 purchase for $8.56 million, completion targeted third quarter of 2028, project team)floridayimby.com
- Developers Secure $58 Million Construction Loan For The Lincoln In Coconut Grove — Florida YIMBY, 9 September 2026 (eight stories, 48 residences, SME Capital loan arranged by Berkadia, recent groundbreaking celebration, sales over 40%, six penthouses up to 3,633 sq ft, completion third quarter of 2028)floridayimby.com
- Lore, Element land $58M construction loan for Coconut Grove condos — The Real Deal, 8 September 2026 (eight stories, construction started in August, completion by the end of 2028, from $1.5 million, over 40% sold, development cost close to $90 million, neighbouring towers and Glasshaus)therealdeal.com
- LORE, Element Land $58M for Coconut Grove Condo Development — Multi-Housing News, 9 September 2026 (construction commenced in August, more than 40% sold, completion third quarter of 2028, floor plans 1,353 to 3,073 sq ft, penthouses up to 3,633 sq ft, architect of record)multihousingnews.com
- Development Group Inks $58M Construction Loan for Coconut Grove Condos — Connect CRE, 9 September 2026 (construction begun, completion by the third quarter of 2028, developers and general contractor)connectcre.com
- LORE and Element Land $58M to Build Miami Condo — Commercial Observer, 9 September 2026 (48 units at 2650 Lincoln Avenue adjacent to SW 27th Avenue, 40% pre-sold, 0.5-acre site bought for $8.6 million in 2023 per property records)commercialobserver.com
- Lore, Element Development to launch boutique condo project in Coconut Grove — The Real Deal, 4 December 2024 (eight stories, 48 units, 2650 Lincoln Avenue shares the address 3151 SW 27th Avenue, zoning approval and a height and density waiver, prices from about $1.5 million, sales to begin that month)therealdeal.com
- Green Certified Condominium Announced at 2650 Lincoln Avenue in Coconut Grove, Miami — Florida YIMBY, 6 December 2024 (8 stories, 48 residences, over 91,000 sq ft, sales set to begin in late December 2024, exclusive sales agent)floridayimby.com
- The Lincoln at Coconut Grove — ONE Sotheby’s International Realty development page, undated, read 24 September 2026 (lists delivery as 2027, 48 units, unit sizes 1,227 to 2,983 sq ft)onesothebysrealty.com
- Property Search — Miami-Dade County Property Appraiser (folio 01-4122-001-0500, 3151 SW 27 Ave: owner 3151 SW 27Ave PropCo LLC; vacant commercial land; 19,337 sq ft; assessed $1,045,500 in 2024 and 2025 and $2,900,550 in 2026; sales of 1 August 2023 at $8,556,000 and 28 April 2017 at $4,625,000, both multi-parcel; retrieved 24 September 2026)miamidadepa.gov
Already bought at The Lincoln Coconut Grove?
If you signed a pre-construction contract here, this part of the page is for you: what you can do with your contract, and how to get the record as it changes.
Your three options
- Close and keep it. Live in it, or rent it out within the condominium’s rental rules.
- Assign your contract before closing. A new buyer takes over your contract. Whether that is allowed, and at what fee, depends on your contract’s assignment clause and usually on the developer’s written consent.
- Close, then resell. After closing it is an ordinary resale, priced against what similar homes have actually recorded.
What I will send you
Tell me your unit. I will send you the project’s status from the public filings as it changes, the first recorded sales here when they land, and a straight read on whether to hold, assign or sell.
Two free things for buyers here
Prefer email? hello@joshsteinrealtor.com
Josh Stein, Florida real estate sales associate, license SL3057661.The Lincoln Coconut Grove — questions buyers ask
I bought pre-construction at The Lincoln Coconut Grove. Can I sell before or at delivery?
It depends on your purchase agreement. Before closing, selling usually means assigning your contract to a new buyer, which developers often allow only with their written consent and sometimes for a fee, so read the assignment clause first. After closing it is an ordinary resale, priced against what similar homes in the building and nearby have actually closed for. If you bought at The Lincoln Coconut Grove and want to know what your unit could sell for at delivery, message Josh Stein on WhatsApp at (305) 695-8257.
What stage is The Lincoln Coconut Grove at?
Under construction. Florida YIMBY reported on 14 June 2026 that construction had started, and The Real Deal (8 September 2026) and Multi-Housing News (9 September 2026) say it started in August; I have not found a source that reconciles the two. The developers were reported on 8 to 9 September 2026 to have closed a $58 million construction loan. The county lists the site as vacant land as of 24 September 2026.
When will The Lincoln Coconut Grove be finished?
The trade press reports a target of the third quarter of 2028 (Florida YIMBY, Multi-Housing News and Connect CRE, 9 September 2026); The Real Deal says the end of 2028, and ONE Sotheby’s development page lists delivery as 2027. I have not found a completion date on the developer’s own website.
How many residences does it have, and what do they cost?
48 residences in eight stories at 2650 Lincoln Avenue (the county lists the site as 3151 SW 27th Avenue), from one-bedroom-plus-den plans to four-bedroom-plus-den layouts and six penthouses. Prices start at $1.5 million (Florida YIMBY, 14 June 2026; The Real Deal, 8 September 2026), and more than 40% of the residences were sold as of the September 2026 reports. Confirm current availability with the developer.
Who is building and selling it?
LORE Development Group and Element Development are the developers, through the project entity 3151 SW 27Ave PropCo LLC named in the developer’s legal notice. Paredes Architects is the architect, Design Philosophy the interior designer and Winmar Construction the general contractor. ONE Sotheby’s International Realty is the exclusive sales and marketing agent.
Thinking about The Lincoln Coconut Grove?
I have sold South Florida property since 2002. Ask me for the recorded declaration, what has genuinely closed, or a straight answer on whether this building fits what you are after.
Josh Stein · Florida real estate sales associate, license SL3057661 · (305) 695-8257 · hello@joshsteinrealtor.comRelated coverage
Part of South Florida New Construction.