Raffles Residences Coconut Grove

The first standalone Raffles residences — 35 private homes on Biscayne Bay in Coconut Grove. No hotel. Sales launching; targeted opening 2029.

Thirty-five residences on Biscayne Bay at 2545 South Bayshore Drive, where Coconut Grove's tree canopy meets the water. Brandon Haw Architecture — founded after Haw's twenty-six years directing Foster + Partners' U.S. practice — shapes a sculpted waterfront building of deep terraces and arched bay exposures, with every home tuned to the horizon from sunrise over the bay to the Miami skyline at dusk. The collection runs from two- to four-bedroom residences crowned by a limited penthouse offering. Interiors are...

Raffles Residences Coconut Grove FAQ

What is Raffles Residences Coconut Grove?
An intimate collection of 35 private residences at 2545 South Bayshore Drive in Coconut Grove, developed by Mast Capital and BH Group with Raffles Hotels & Resorts. It is the first standalone Raffles residential development — a building with no hotel and no overnight guests.
How much do residences cost at Raffles Residences Coconut Grove?
Residences are priced from $4.5 million. The October 2026 launch materials do not publish a full price list, square-footage ranges, or a top asking price. Request pricing updates on this page as the sales program releases more detail.
Who is designing and developing the project?
Architecture is by Brandon Haw Architecture. Mast Capital and BH Group are the developers, with Accor One Living supporting development, design and operation under the Raffles Hotels & Resorts brand.
When will Raffles Residences Coconut Grove be completed?
The Raffles brand site lists an opening in 2029. Developers told Fortune they plan to collect presales in the 2026–27 season and start construction sometime in 2027. No groundbreaking date has been announced.
What amenities will residents have?
At launch the developers named a restaurant, spa, fitness centre, and a rooftop with a pool deck and bar, plus private pools for the penthouses. Raffles Butler Service and Accor ownership benefits are part of the residential offer. A complete amenity floor plan has not been published.
Is there a hotel at Raffles Residences Coconut Grove?
No. Unlike Raffles Boston, Coconut Grove is purely residential. There is no hotel and no overnight guest program — only private residences operated to Raffles service standards.