Home » New And Pre Construction » THE WELL Coconut Grove
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Square Feet: 960 to 4,200 SF
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Architect: Arquitectonica
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Developer: Terra Group
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Designer: Meyer Davis
Description

THE WELL Coconut Grove

THE WELL Coconut Grove builds an entire residential concept around wellness. The eight-story boutique building at 2855 Tigertail Avenue offers 194 residences across 72 floor plans, with hyperbaric chambers, a crystal cave relaxation lounge, and a 13,000-square-foot wellness center woven into daily life. Created with Arquitectonica, Meyer Davis, and Terra’s David Martin, it treats well-being as infrastructure, not an amenity checklist.

 

THE WELL Coconut Grove Frequently Asked Questions

What makes this a wellness residence rather than a condo with...

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THE WELL Coconut Grove

THE WELL Coconut Grove builds an entire residential concept around wellness. The eight-story boutique building at 2855 Tigertail Avenue offers 194 residences across 72 floor plans, with hyperbaric chambers, a crystal cave relaxation lounge, and a 13,000-square-foot wellness center woven into daily life. Created with Arquitectonica, Meyer Davis, and Terra’s David Martin, it treats well-being as infrastructure, not an amenity checklist.

 

THE WELL Coconut Grove Frequently Asked Questions

What makes this a wellness residence rather than a condo with a gym?

The programming at THE WELL Coconut Grove goes well past fitness. Hyperbaric chambers, a crystal cave relaxation lounge, and a 13,000-square-foot wellness center are built into the building, with curated rituals and practitioners on site. The design team started from health outcomes and worked backward to the floor plans.

Why are there 72 floor plans?

With 194 residences and 72 distinct layouts, the project is designed for personalization. Buyers choose from a wide range of configurations instead of picking from a handful of repeated plans, which is unusual at this scale.

Who is behind the development?

The developer behind THE WELL Coconut Grove is Terra, led by David Martin. Arquitectonica handles architecture and Meyer Davis leads interior design. Terra is also the developer behind Grove at Grand Bay, the twin-tower landmark that helped reset luxury pricing in Coconut Grove.

Where exactly is Tigertail Avenue?

2855 Tigertail Avenue sits in the northern part of Coconut Grove, tucked among mature oaks and close to the bay. It is a quieter pocket of the neighborhood, minutes from the village shops and the waterfront by car or bike.

Is this a good fit for full-time residents or second-home buyers?

Both. The wellness programming suits daily routines, while the lock-and-leave format and on-site services work well for seasonal owners. The 72 floor plans mean there is a layout for pied-a-terre buyers and growing families alike.

What is the construction status?

The project is in development at 2855 Tigertail Avenue. Buyers should check current construction milestones and delivery estimates with the sales team, since timelines on boutique projects can shift.

 

Key Facts

  • Address: 2855 Tigertail Avenue, Coconut Grove
  • Neighborhood: Coconut Grove, Miami
  • Developer: Terra
  • Architect: Arquitectonica
  • Interior Design: Meyer Davis
  • Stories: 8
  • Residences: 194 across 72 floor plans
  • Status: In development

Terra and Arquitectonica, a proven Grove combination

THE WELL Coconut Grove pairs two names that already shaped this neighborhood. Arquitectonica, the Miami-born global firm behind Brickell City Centre and the Westin Times Square in New York, brings its sculptural modernism to the architecture. Developer Terra, meanwhile, delivered Grove at Grand Bay, the Coconut Grove landmark that set a new bar for waterfront luxury. Buyers weighing boutique new construction also tend to visit OPUS Coconut Grove, a 14-residence project with a very different, small-scale pitch. THE WELL’s argument is that wellness infrastructure will matter more than square footage in the next decade of luxury buying. That balance, retreat setting with the water minutes away, is the core promise of THE WELL Coconut Grove.

 

A quiet corner of the Grove, close to everything green

Tigertail Avenue keeps residents slightly removed from the village bustle while staying close to the Grove’s best outdoor assets. The Barnacle Historic State Park, the 1891 bayfront home of Grove founder Ralph Munroe, offers five acres of old-growth hammock a short drive away. Greenstreet Cafe on Main Highway is the classic see-and-be-seen brunch stop, and Peacock Park‘s nine waterfront acres handle everything from morning runs to weekend festivals. It is the rare Grove address that feels like a retreat and still reaches the water in minutes.

 

Explore our comprehensive list of New and Pre-Construction, A Class Office Space, and Most Expensive Neighborhoods.

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THE WELL Coconut Grove by the Numbers

  • Address: 2835 Tigertail Ave, Coconut Grove, FL 33133
  • Site size: 1.94 acres
  • Owner: AB CG Owner LLC
  • Residences: 194 luxury condominiums
  • Stories: 08
  • Unit sizes: 960 to 4,200 square feet
  • Starting price: $1.5 million
  • Construction loan: $410 million from Tyko Capital (largest in Coconut Grove history)
  • Main building permit: $63.2 million (May 2026)
  • Zoning: T5-O (City of Miami)
  • Developers: Terra and AB Asset Management
  • Completion: early 2028

Construction Timeline

Terra paid $21 million for the 2 acre site in 2021. Site work financing of $43 million followed. Groundbreaking took place in January 2026 backed by the record $410 million Tyko Capital construction loan. The main $63.2 million building permit was issued in May 2026 with Juneau Construction as general contractor. Delivery is targeted for early 2028.

THE WELL Coconut Grove FAQ

Are condos for sale at THE WELL Coconut Grove?

Yes. Sales are open with pricing from $1.5 million for 1 to 4 bedroom residences. More than half the units were already under contract at groundbreaking.

What makes THE WELL Coconut Grove a wellness building?

It is the first residential project by THE WELL brand. The building includes a 13,000 square foot Wellness Club with spa, fitness, and health coaching, plus a 40,000 square foot rooftop amenity deck with pool, cold plunge, and pickleball. Residences feature in unit wellness tech including air purification and red light therapy closets.

What is the construction loan for THE WELL Coconut Grove?

Tyko Capital provided a $410 million construction loan, the largest ever recorded in Coconut Grove. Walker and Dunlop brokered the financing.

Who is developing THE WELL Coconut Grove?

Terra, led by David Martin, in partnership with AB Asset Management. Architecture is by Arquitectonica with interiors by Meyer Davis.

When will THE WELL Coconut Grove be completed?

Delivery is targeted for early 2028. Vertical construction began in January 2026.

Latest Construction Update

THE WELL Coconut Grove broke ground in January 2026 backed by a $410 million construction loan from Tyko Capital, the largest ever recorded in Coconut Grove. More than half of the 194 residences were already under contract at groundbreaking. Vertical construction is expected to complete in Q4 2028. (Sources: Commercial Observer, PROFILEmiami)


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For Sale

2 Bedrooms

Unit Price FT2 (M2) $/SF
404S $2,995,000 1539 (142 m2) $1,946
409S $3,395,000 1927 (179 m2) $1,762
Loft 7 $4,284,000 2678 (248 m2) $1,600

3 Bedrooms

Unit Price FT2 (M2) $/SF
PH04 $8,723,900 3793 (352 m2) $2,300

4 Bedrooms

Unit Price FT2 (M2) $/SF
TH 05 $7,572,000 3786 (351 m2) $2,000

Features

Building Features
  • Serene arrival lobby immersed in diffused natural light
  • Open, airy indoor-outdoor design
  • A holistic sense of serenity: subtle aromatherapy and restorative indoor gardens
  • Sustainably minded, Florida Green Building Design with Silver Certification
  • Natural lighting is optimized throughout
  • Select townhomes with walk-up street access, private garden entry
  • 40,000 square foot rooftop designed as an outdoor wellness oasis
  • 13,000 square-foot state-of-the-art Wellness Club
  • Ground floor lofts with 22′ high ceiling in Great Room and double height window wall
  • Coral stone facade nodding to historic Coconut Grove Architecture.
Residence Features
  • Spacious, private balconies or terraces in all residences
  • Neutral engineered wood floors and Italkraft Italian kitchen cabinetry and vanities
  • Generous floor plans with expansive glass windows designed with health and wellness in mind
  • Flex spaces in select residences for in-home wellness practices like meditation, workouts, or massage, with the option to enhance your experience through custom wellness packages
  • Built-in red light therapy in the primary closet to boost health, energy, and well-being
  • Primary bedrooms feature Italkraft Italian walk-in closet systems with built-in red light therapy to boost health, energy, and well-being
  • Sub-Zero, Wolf and ASKO appliances
  • Quartzite countertops and backsplash
  • Grohe pull-down faucet with filtered, chilled still, and sparkling water options
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