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Cocoplum

Cocoplum

Suburban Neighborhood in Coral Gables, Florida

Miami/Dade County 33143

$6,698,648 Average Value
$1,550 Average Price per Sq Ft
11 Homes For Sale

Impressive combination of security and amenities

Cocoplum is a Coral Gables neighborhood of multimillion-dollar homes, private docks and athletic courts, all tucked safely behind a 24-hour manned gate. “It’s the most comprehensive package of security and amenities in all of Coral Gables and the surrounding area,” says Tere Shelton Bernace, broker/co-owner at Shelton and Stewart Realtors, who has sold dozens of homes in the neighborhood. Yet, Cocoplum is not simply an exclusive playground for the wealthy. “There’s a real sense of community,” Shelton Bernace says. “You’ll see kids riding their bikes and adults on their golf carts along the streets. When you drive in, people stop and talk to you. It’s a very safe, family-friendly environment.”

Cocoplum offers many waterfront homes with private docks for boating enthusiasts.
Cocoplum offers many waterfront homes with private docks for boating enthusiasts.
Cocoplum is a gated community with a 24/7 guarded gate house.
Cocoplum is a gated community with a 24/7 guarded gate house.
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Mediterranean-style architecture is predominant among the estate homes and mansions

Bernace’s mother, Teresita Shelton, and business partner, Consuelo Stewart, were involved in the original development sales of Cocoplum in the 1970s, when the area was a beach for Coral Gables residents. Today, the community is comprised of around 400 estate-style homes and mansions on a series of residential islands. More than half are waterfront properties. The setting is typical Coral Gables. “There are beautiful tree canopies, and residents take their landscaping and upkeep of their homes seriously,” Shelton Bernace says. “The city also enforces codes to maintain the look of neighborhoods.” That look includes lots of homes with terra cotta roofs, decorative facades and fancy brick driveways. “Coral Gables is known for its Mediterranean architecture because it was developed in the 1920s, but homes have certainly evolved into more contemporary, transitional-type looks,” Shelton Bernace says. The community’s most exclusive homes are in Tahiti Beach, which has a separate gate and can only be accessed from a private road. There are fewer than 30 homes. Prices range from approximately $6 million for an older inland home to more than $20 million for a new build on the water. For Islands of Cocoplum, there is a $55,000 application fee for prospective homebuyers. There is an additional $100,000 application fee for purchasing a home in Tahiti Beach. Residents face a risk of hurricanes and related wind damage, and insurance rates will reflect that reality.

Italian Renaissance revival style homes are a common site in Cocoplum.
Italian Renaissance revival style homes are a common site in Cocoplum.
Cocoplum has a clubhouse for residents with many shared amenities.
Cocoplum has a clubhouse for residents with many shared amenities.
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Boaters have direct access to Biscayne Bay

The community’s canals offer its boaters direct access to Biscayne Bay. The neighborhood has its own yacht club and marina, but prospective members must apply to be a part of it. Membership does not come with homeownership, and it is required to store a vessel at the marina. The community’s HOA is split up between Phase 1 and Phase 2, which includes all of the homes except those in Tahiti Beach. Resort-style amenities are spread throughout the community, but the bulk are concentrated around the Island of Cocoplum clubhouse in Phase 2. They include a pool, tennis courts, basketball courts, a beach volleyball court, a fitness center and a playground. All Cocoplum residents have access to the amenities in Phase 2. The clubhouse hosts holiday gatherings year-round.

Stand up paddling is a fun activity for Cocoplum residents to enjoy.
Stand up paddling is a fun activity for Cocoplum residents to enjoy.
Cocoplum offers a private marina for its residents to enjoy.
Cocoplum offers a private marina for its residents to enjoy.
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The Shops at Merrick Park, Shadow Wagyu among upscale retail and dining options

Nearby upscale retail options include the Shops at Merrick Park. Neiman Marcus and Nordstrom’s are its anchor stores. The Landmark at Merrick Park is a luxury movie theater that includes a bar. Residents can take advantage of the South Florida dining scene at several restaurants. Shadow Wagyu, located in a nondescript building in a shopping mall near Merrick Park, is a high-end butcher shop that doubles as a restaurant. “Great cuts of meat. Great burgers,” Shelton Bernace says. “They even have a chef’s table.” Bouchon Bistro is a local favorite. The French-inspired eatery is housed in the former La Palma Hotel in the heart of downtown Coral Gables. OMAKAI delivers a contemporary sushi experience near the Coconut Grove waterfront. For home-cooked meals, Whole Foods and Publix are nearby.

Shadow Wagyu is a Cocoplum favorite with some of the best burgers and a great butcher shop.
Shadow Wagyu is a Cocoplum favorite with some of the best burgers and a great butcher shop.
Many Cocoplum residents enjoy the famous Chicken Tender Sub from Publix's Deli.
Many Cocoplum residents enjoy the famous Chicken Tender Sub from Publix's Deli.
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Sunset Elementary, Ransom Everglades School are top educational options

Sunset Elementary School, which earns an A from Niche, and Coral Gables Senior High School, which earns an A-minus, are top-rated public schools available to the community’s students. The high school offers the prestigious International Baccalaureate program. Ponce De Leon Middle is a B-rated school. The A-rated Mandlestam School, which serves students in pre-kindergarten through fifth grade, and the A-plus-rated Ransom Everglades School, which serves students in sixth through 12th grades, are nearby private options.

Ransom Everglades provides all levels of education form Elementary to High School.
Ransom Everglades provides all levels of education form Elementary to High School.
Sunset Elementary School offices and administration.
Sunset Elementary School offices and administration.
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Conveniently located to Miami, other popular areas

While the community provides a private retreat, it’s also conveniently located to several South Florida destinations. “The neighborhood is kind of secluded, but it’s not far from anything,” Shelton Bernace says. “It offers great access to Coral Gables, Coconut Grove and South Miami.” U.S. Highway 1 is the closest major roadway, and it connects directly to the Brickell financial district and downtown Miami about 8 miles north. Miami International Airport is the same distance from the neighborhood. Multiple Metrorail stations are located within a few miles along U.S. 1. Coral Gables Hospital is less than 5 miles from the neighborhood.

Coconut Grove is just minutes from Cocoplum filled with shops and entertainment.
Coconut Grove is just minutes from Cocoplum filled with shops and entertainment.
People can find beautiful homes along the waterways of Cocoplum.
People can find beautiful homes along the waterways of Cocoplum.
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Matt Pallister
Written By
Matt Pallister
Daniele Giuseppe Del Gaudio
Photography Contributed By
Daniele Giuseppe Del Gaudio
Amon Parson
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Amon Parson

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Anamaria Velasquez, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Miami International

25 min drive

Crime and Safety

1 - Low Crime, 10 - High Crime Cocoplum US
Homicide 1 4
Sexual Assault 1 4
Assault with Weapon 1 4
Robbery 1 4
Burglary 1 4
Motor Vehicle Theft 1 4
Larceny 1 4
Crime Score 1 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$8,000,000
Median Single Family Price
$8,300,000
Average Price Per Sq Ft
$1,550
Number of Homes for Sale
11
Last 12 months Home Sales
17
Months of Supply
7.80
Median List Price
$8,740,000
Median Discount From 1st List Price
11%
Median Home Sale Price YoY Change
73%

Home Facts

Number of Homes in Neighborhood
459
Median Year Built
1990
Avg. Single Family Home Size Sq Ft
6,055
Significantly above the national average
1,935
Median Lot Size Sq Ft
19,602

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Anamaria Velasquez, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
1,299
Median Age
46
Population Density
3 ppl/acre
Population under 18
22.7%
On par with the national average
23.8%
Population over 65
22.6%
On par with the national average
19.1%

Finances

Median Household Income
$249,808
Significantly above the national average
$71,702
Average Household Income
$240,013

Education and Workforce

High School Graduates
96.2%
College Graduates
80%
Significantly above the national average
34.1%
Advanced Degrees
36%
Above the national average
13.3%
% Population in Labor Force
68.1%

Weather

Annual Precipitation
68''
Average Winter Low Temperature
62°F
Average Summer High Temperature
91°F
Annual Snowfall
0''

Area Factors

Somewhat Bikeable

Bike Score®

30 / 100

Car-Dependent

Walk Score®

4 / 100

Some Transit

Transit Score®

30 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Cocoplum
Anamaria Velasquez
NEXXOS REALTY LLC
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