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	<title>Grove &#8211; Finance News Today</title>
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		<title>Coconut Grove becomes Miami&#8217;s top billionaire destination beyond the bunker</title>
		<link>https://financenews.one/2026/05/02/coconut-grove-becomes-miamis-top-billionaire-destination-beyond-the-bunker/</link>
		
		<dc:creator><![CDATA[Finance News]]></dc:creator>
		<pubDate>Sat, 02 May 2026 18:33:45 +0000</pubDate>
				<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Billionaire]]></category>
		<category><![CDATA[Bunker]]></category>
		<category><![CDATA[coconut]]></category>
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					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1280" height="720" src="https://financenews.one/wp-content/uploads/2026/05/coconut-grove-miami-fl-aerial.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://financenews.one/wp-content/uploads/2026/05/coconut-grove-miami-fl-aerial.jpg 1280w, https://financenews.one/wp-content/uploads/2026/05/coconut-grove-miami-fl-aerial-300x169.jpg 300w, https://financenews.one/wp-content/uploads/2026/05/coconut-grove-miami-fl-aerial-1024x576.jpg 1024w, https://financenews.one/wp-content/uploads/2026/05/coconut-grove-miami-fl-aerial-768x432.jpg 768w" sizes="(max-width: 1280px) 100vw, 1280px" /></div>Douglas Elliman’s Lourdes Alatriste brings Fox News Digital inside an $18.9 million home in Coconut Grove, where history and luxury intersect. After months of touring South Florida’s most fortified islands and branded penthouses, the final stop on the &#8220;billionaire bunker&#8221; circuit reveals a shift in the ultra-high-net-worth psyche. Wealthy transplants are no longer just buying [&#8230;]]]></description>
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<p>Douglas Elliman’s Lourdes Alatriste brings Fox News Digital inside an $18.9 million home in Coconut Grove, where history and luxury intersect.</p>
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<p>After months of touring South Florida’s most fortified islands and branded penthouses, the final stop on <a rel="nofollow" href="https://www.foxbusiness.com/real-estate/inside-americas-most-guardes-enclave-rare-look-floridas-no-budget-billionaire-bunker" target="_blank" rel="noopener">the &#8220;billionaire bunker&#8221; circuit</a> reveals a shift in the ultra-high-net-worth psyche.</p>
<p>Wealthy transplants are no longer just buying security – they are buying history. Tucked behind the lush, designer landscaping of a Gothic-modern $18 million estate, the &#8220;Silicon Grove&#8221; era has arrived. Here, the bunker isn&#8217;t a modern glass box, but instead features grand spaces, hand-carved stone fixtures and even a giant chessboard on the roof that feels more like a European cathedral than a Miami residence.</p>
<p>As taxes scream in the Northeast and West Coast, titans of industry are finding that true luxury in 2026 means a private dock, keystone-edged infinity pool and the freedom to walk to a local bookstore without a security detail in tow — including Google co-founder Larry Page, who just poured more than $188 million into the neighborhood.</p>
<p>&#8220;People of that caliber do their homework before they purchase anything. Regardless how emotional or how impulsive it is, they always are guided and they&#8217;re taught where to buy or where not to buy, and their advisors told them that Coconut Grove was the place,&#8221; Douglas Elliman’s Lourdes Alatriste, who has a long roster of A-list clients, told Fox News Digital.</p>
<p><a rel="nofollow" href=""><strong><u>INSIDE THE 50-HOME MIAMI SANCTUARY WHERE SMART MONEY IS BUYING DECADES OF SECURITY FOR THEIR KIDS</u></strong></a></p>
<p>&#8220;And that just makes it everything that I&#8217;ve always said: Coconut Grove is a hidden gem. It has everything&#8230; from water, to walks, to parks, to stores, to family.&#8221;</p>
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<div class="m"><picture><source media="(max-width: 767px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/05/343/192/coconut-grove-miami-fl-aerial.jpg?ve=1&#038;tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/05/686/384/coconut-grove-miami-fl-aerial.jpg?ve=1&#038;tl=1 2x"><source media="(min-width: 768px) and (max-width: 1023px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/05/672/378/coconut-grove-miami-fl-aerial.jpg?ve=1&#038;tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/05/1344/756/coconut-grove-miami-fl-aerial.jpg?ve=1&#038;tl=1 2x"><source media="(min-width: 1024px) and (max-width: 1279px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/05/931/523/coconut-grove-miami-fl-aerial.jpg?ve=1&#038;tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/05/1862/1046/coconut-grove-miami-fl-aerial.jpg?ve=1&#038;tl=1 2x"><source media="(min-width: 1280px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/05/720/405/coconut-grove-miami-fl-aerial.jpg?ve=1&#038;tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/05/1440/810/coconut-grove-miami-fl-aerial.jpg?ve=1&#038;tl=1 2x"><img decoding="async" src="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/05/931/523/coconut-grove-miami-fl-aerial.jpg?ve=1&#038;tl=1" alt="Aerial view of Coconut Grove, Miami, Florida"/></source></source></source></source></picture></div>
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<p><span>Homes in the Coconut Grove neighborhood of Miami, Florida, on Monday, March 23, 2026.</span><span> (Getty Images)</span></p>
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<p>Coconut Grove is Miami-Dade County’s oldest neighborhood, having been founded by settlers in the 1870s and annexed by Miami in 1925. Its ascent began in the 1960s when it was dubbed as &#8220;The Grove,&#8221; and attracted largely Bohemian artists, musicians and writers. During the 1980s, money started flowing due to the height of <a rel="nofollow" href="https://www.foxnews.com/entertainment/don-johnson-cut-off-daughter-from-family-payroll-when-she-refused-go-college" target="_blank" rel="noopener">America’s cocaine boom</a>, and while Coconut Grove maintained some of its hippie vibe, new residential developments took over the landscape.</p>
<p>Fast-forward to today, and &#8220;all of a sudden, it started picking up again because [people] noticed, when you have a place, when there&#8217;s no more land, and you have a location that fills all your desires as to schools, as to parks, as to shops, as to lifestyle, privacy, you go for it. You start building it up,&#8221; Alatriste explained. &#8220;You take the areas that are great and make them even better.&#8221;</p>
<p>The home the luxury agent showed to Fox News Digital paralleled the community’s mix of history and new age extravagance. Upon entering, a great hall hits you with 30-foot vaulted ceilings and glossy marble floors that hum with a cool, heavy permanence. Massive, smooth-plastered white fireplaces act as&#8230;</p>
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<br />Read More: <a href="https://www.foxbusiness.com/real-estate/legacy-over-luxury-inside-billionaire-battle-final-pieces-miamis-historic-old-soul">Coconut Grove becomes Miami&#8217;s top billionaire destination beyond the bunker</a></p>
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