META Development Starts Construction on OPUS Coconut Grove

Construction Begins at OPUS Coconut Grove

META Development has started construction on OPUS Coconut Grove, a six-story condominium building located at 3137 SW 27th Avenue in Miami, according to Florida YIMBY. The project is expected to be completed in 2027, according to the same source.

To fund the project, META Development secured a $28 million construction loan from Arixa Capital, according to Florida YIMBY. The building is designed by Kobi Karp, with interior design by João Armentano.

Unit Details and Amenities

OPUS Coconut Grove will feature 14 units, with layouts including three- and four-bedroom options starting at approximately 1,900 square feet, according to Florida YIMBY. Pricing for these residences begins between $2.8 million and $3 million.

Building amenities include a rooftop pool, a 4,300-square-foot sundeck, a fitness center, and spa facilities with steam and sauna rooms, according to Florida YIM uma. The building will also feature an autonomous parking system by Klaus, EV charging, and up to three parking spaces per unit, according to Florida YIMBY.

Sales and marketing for the project are being managed by The Nicolas Group at SERHANT, according to Florida YIMBY.

South Brickell Market Context

While OPUS Coconut Grove moves forward, META Development is also planning Colette Residences (Colette Residences) in South Brickell, according to Florida YIMBY.

For buyers comparing boutique options in South Brickell, current inventory varies. According to Own Miami data from August 26, 2026, Colette Residences has three active listings starting from $2.79 million with a median asking price of $1,480 per square foot. Nearby Santa Maria (Santa Maria) has two active listings starting from $2.63 million with a median asking price of $1,179 per square foot, and Bristol Tower (Bristol Tower) has seven active listings from $1.5 million with a median asking price of $1,142 per square foot.

Other nearby options include 2200 Brickell (2200 Brickell), which has 10 active listings starting from $830,000 with a median asking price of $1,403 per square foot, and (Brickell Place) at 1901 Brickell Ave, which has three active listings from $520,000 with a median asking price of $492 per square foot. (Brickell Place) at 1865 Brickell Ave also has three active listings from $2.8 million and a median asking price of $573 per square foot, according to Own Miami data.

Overall, Brickell currently has 940 active condo listings with a median asking price of $859,000, or $806 per square foot, and 557 sales in the last 12 months, according to Own Miami data.

Sources

• Florida YIMBY — https://floridayimby.com/2026/04/15/meta-development-breaks-ground-on-opus-coconut-grove-at-3137-sw-27th-avenue-in-miami.html