Quick Facts

Lore Development Group and Element Development broke ground on The Lincoln Coconut Grove on June 14, 2026, launching construction on a 48-unit, 8-story boutique luxury condominium at 3151 SW 27th Avenue in Coconut Grove — future address 2650 Lincoln Ave. The developers acquired the 20,970-square-foot site for $8.56 million in 2023. Winmar Construction serves as the general contractor; Paredes Architects designed the building; Design Philosophy handled interiors. Units range from approximately 1,200 to 3,630 square feet across one-bedroom to penthouse configurations, priced from $1.5 million, with 40% pre-sold at the time construction began. In-unit features include smart home technology, private balconies, quartz countertops, and porcelain flooring. Community amenities include a spa, rooftop pool, fitness center, and a dog park with pet grooming station. Completion is targeted for Q3 2028.
The Lincoln Coconut Grove fills a meaningful gap in Coconut Grove's residential pipeline: a boutique, low-density condominium at walkable scale in a neighborhood dominated by single-family homes and older mid-rise product. At 48 units and 8 stories, the project is calibrated for buyers who want the Grove's lifestyle — walkable to CocoWalk, the waterfront, and the village's restaurant corridor — without the high-density tower experience of Brickell or Edgewater. The $1.5M entry point and 40% pre-sold status at groundbreaking confirm that demand for boutique Coconut Grove product at this scale is real and not well-served by the current market. The 1,200–3,630 sq ft range across just 48 units positions it as one of the most intimate new residential offerings in the Miami market in 2026.

What milestone was reached and when?

Lore Development Group and Element Development commenced construction on The Lincoln Coconut Grove on June 14, 2026, at 3151 SW 27th Avenue (future address: 2650 Lincoln Ave) in Miami's Coconut Grove neighborhood. Completion is targeted for Q3 2028.

What does the project deliver?

48 luxury condominium residences across 8 stories on a 20,970-square-foot site. Unit sizes range from approximately 1,200 to 3,630 square feet across one-bedroom to penthouse configurations. Priced from $1.5 million. As of construction start, 40% of units (approximately 19 homes) were already pre-sold.

What are the in-unit features?

Integrated smart home technology, spacious private balconies, quartz countertops, and porcelain flooring throughout.

What amenities are planned?

A fully outfitted spa, resort-style rooftop swimming pool, fitness center, dog park, and pet grooming station.

Who is the development and design team?

Developers: Lore Development Group and Element Development (site acquired for $8.56 million in 2023). General contractor: Winmar Construction. Architecture: Paredes Architects.