The Well Coconut Grove: Inside Miami's First Wellness-Branded Residence
What The Well means for Coconut Grove real estate and the growing demand for wellness-centered luxury living in Miami.
Coconut Grove has always attracted people who value a more intentional way of living. Now, a new development is taking that philosophy and building it into the architecture itself. The Well Coconut Grove is Miami's first wellness-branded residential project, and it is changing the conversation about what luxury living means in one of the city's oldest neighborhoods.
What Is The Well Coconut Grove?
The Well Coconut Grove is a boutique eight-story residential development located at 2835 Tigertail Avenue in the heart of Coconut Grove. Developed by Terra (led by David Martin) and AB Asset Management, the project features 194 residences, including four townhomes and nine ground-level lofts, with floor plans ranging from 960 to 4,200 square feet.
Prices start at approximately $1.4 million to $1.5 million, with the project currently in pre-construction. Groundbreaking took place in January 2026, and completion is expected around late 2028. As of early 2026, roughly 50% of units had already been pre-sold, signaling strong buyer demand.
The project is designed by Arquitectonica, one of Miami's most respected architecture firms, with interiors by Meyer Davis Studio and landscape architecture by L&AND. Douglas Elliman Development Marketing is the exclusive broker for the project.
The Wellness Concept: More Than a Marketing Tagline
The Well is a brand that started as a wellness club in New York City, known for blending modern preventive medicine with ancient healing practices. Coconut Grove is the first time the brand has been applied to a residential development, and the integration goes deeper than a spa on the ground floor.
Every residence is designed around five wellness pillars: Nutrition, Movement, Mindfulness, Body Care, and Rest. That philosophy shows up in specific design details. Select units include dedicated wellness dens for meditation, workouts, or massage. Primary bedrooms feature walk-in closet systems with built-in red light therapy. Expansive glass windows are positioned to maximize natural light, which is tied to circadian rhythm benefits.
The building itself features a 13,000 square foot wellness club with a cafe, co-working space, and organic snack bar. There is a hyperbaric chamber, a crystal cave relaxation lounge, IV therapy access, and a conservatory with a Shiftwave Recovery Chair designed to reset the nervous system. On the rooftop, a 40,000 square foot amenity deck includes two pools, hot and cold plunge pools, a fitness forest, a pickleball court, a tea garden, a communal bath house, and private cabanas.
Why The Well Fits Coconut Grove
This project makes sense specifically because of where it is. Coconut Grove has always been Miami's most nature-connected, community-oriented neighborhood. The Grove was built by people who were drawn to Biscayne Bay, the shade of banyan trees, and a slower pace of life. A wellness-branded residence is a natural extension of that identity.
The location on Tigertail Avenue puts residents within walking distance of the village center, CocoWalk, and some of the best restaurants in Coconut Grove. It is also close to waterfront parks and the Coconut Grove Sailing Club, which adds to the outdoor lifestyle appeal.
For the neighborhood, The Well adds another layer of quality to the Coconut Grove real estate market without disrupting its character. At eight stories, the building sits within the Grove's low-density profile and is designed to blend with the surrounding tree canopy rather than tower over it.
What The Well Means for Coconut Grove Real Estate
The Well is part of a broader trend in Coconut Grove: the neighborhood is attracting a new generation of luxury buyers who want more than square footage and finishes. They want lifestyle integration, and they want it in a setting that feels authentic, not manufactured.
This project joins other high-profile developments in the Grove, including the Four Seasons Private Residences and Vita at Grove Isle. Together, these projects are elevating the neighborhood's profile among ultra-luxury buyers while reinforcing what makes Coconut Grove special: it is a neighborhood that values quality of life over spectacle.
For existing homeowners in Coconut Grove, new construction projects like The Well tend to have a positive effect on surrounding property values. They bring new amenities, new residents, and increased visibility to the neighborhood, all of which support long-term appreciation.
If you are curious about how new developments are impacting Coconut Grove's market, explore our developments page or check out our neighborhood guides.
Interested in New Construction in Coconut Grove?
We track every new development in the Grove and can help you understand how these projects fit into your buying or selling strategy. Reach out to the Ally and AJ Team at 305.744.2989 to learn more.
The Well Coconut Grove: Key Details at a Glance
Address: 2835 Tigertail Avenue, Coconut Grove, Miami, FL 33133
Developer: Terra (David Martin) and AB Asset Management
Architect: Arquitectonica
Interior Design: Meyer Davis Studio
Units: 194 residences (including 4 townhomes, 9 ground-level lofts)
Size Range: 960 to 4,200 square feet
Price Range: Starting from approximately $1.4 million
Estimated Completion: Late 2028
Exclusive Broker: Douglas Elliman Development Marketing
Is The Well a Good Investment?
Pre-construction purchases in Coconut Grove have historically performed well because of the neighborhood's limited supply and consistent demand. The Grove has very little developable land left, which means new projects are rare and tend to hold value.
The wellness-branded concept also taps into a growing buyer segment: health-conscious professionals and families who are willing to pay a premium for a home that supports their lifestyle. That buyer profile is expanding, especially among relocators from California, New York, and international markets.
That said, every real estate decision should be based on your specific goals, timeline, and budget. Pre-construction purchases involve a deposit structure (The Well's is 5% at contract, 5% at 60 days, 10% in June 2026, 10% in January 2027, 10% at top-off, and the balance at closing), and you will not take possession until construction is complete.
If you are considering a pre-construction purchase in Coconut Grove, we recommend working with an experienced local agent who can walk you through the process, compare projects, and help you negotiate terms. To learn more, visit our buyer's guide.
Let Us Help You Explore Coconut Grove
Whether you are interested in The Well, an existing single-family home, or another new construction project in the Grove, the Ally and AJ Team at ONE Sotheby's International Realty would love to help. Reach out to us at 305.744.2989 or visit allyandaj.com to start the conversation.
