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Coconut Grove becomes Miami’s top billionaire neighborhood beyond the couch
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According to Alatriste, the price of the $18.9 million home is actually “slightly below” expectations.
“When I give prices, there are always three prices for me: The wow factor… And then there [are] normal prices compared to comps in the area, and there is a price I have to sell tomorrow. So, with that said, I think Coconut Grove has kept its element,” he said.
“You have a chance now, I don’t know if you will get it later [prices rise] and as more people come in, because we still have more people, and remember, Florida doesn’t just have something [migration demographic]like New York or California, they have everything. They have Mexico. They have Brazil… Chicago… It’s a melting pot of different regions and countries coming here.”
Douglas Elliman Exclusive Group founder Devin Kay is taking Fox News Digital into a multimillion-dollar Allison Island home in the same location where Google’s Sergey Brin moved.
While Indian Creek Village, Four Seasons Surf Club and Allison Island rely on private security forces, the Grove relies on a culture of “respectable distance.” The homes are designed to allow high-profile owners to interact with the world on their own terms, featuring outdoor spaces that look out of sight.
Some of the most notable citizens include Madonna, LeBron James, Sylvester Stallone, Jimmy Buffett, Derek Jeter, Christian Slater – and for the sake of history, telephone inventor Alexander Graham Bell.
“You want to go to dinner, don’t come back [have] fear of anything. You want to take a trip and you want to know that your area is covered, that you don’t have to worry. There will always be something we can’t control, but basically, the people who live around you will always take care of you,” Alatriste said of the sense of community in Coconut Grove.
Mick Duchon of the Corcoran Group gives Fox News Digital a tour of the $21.95 million unit at the Four Seasons Residences in Surfside, where former Starbucks CEO Howard Schultz recently bought a bathroom.
For tech giants like Page and other industry powerhouses, the draw to Florida is suspected to be more of a lifestyle change than purely business.
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“I think they will always talk about taxes. Money is crying,” said Alatriste. “But in that case, your lifestyle is more important than money.”
“Life, authenticity and community… Those are the three words that best describe Coconut Grove.”
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