Coconut Grove condo financeability
Which buildings the banks are lending on, at what down payment. Read from recorded mortgages in the public record — counts and shares only, never individual loans.
Financeability Index
| Building | Reading | Loans (12 mo) | Sales financed | Avg. down | Lowest down |
|---|---|---|---|---|---|
| The TowerFHA | 78Readily financeable | 5 / 5 | 45% | 32.8% | 10% |
| Nevis | 76Readily financeable | 3 / 3 | 50% | 14.6% | 3% |
| Opus Coconut Grove | 67Financeable | 11 / 17 | 43% | 36.3% | 15% |
| Gables Waterway Towers | 66Financeable | 8 / 8 | 35% | 31% | 10% |
| Arbor Coconut Grove | 63Financeable | 11 / 11 | 37%incl. 29 developer closings | 34.6% | 20% |
| L'Hermitage | 60Financeable | 4 / 5 | 40% | 33.3% | 20% |
| Cocostyle | 59Financeable | 1 / 1 | 33% | 26.8% | 20% |
| Townscape | 56Financeable | 1 / 1 | — | — | — |
| Mr. C | 55Financeable | 6 / 6 | 20%incl. 1 developer closings | 31.2% | 20% |
| Courtyards of the Grove | 54Financeable | 0 / 0 | 0% | — | — |
| Lofts At Mayfair | 52Financeable | 2 / 3 | 33% | 36.2% | 20% |
| Two Park Grove | 52Financeable | 7 / 7 | 38% | 43% | 24.5% |
| Grove Hill Tower | 51Financeable | 1 / 1 | 33% | 33.9% | 23.5% |
| Waters Edge | 48Limited financing | 3 / 3 | 25% | — | — |
| The Executive | 47Limited financing | 3 / 3 | 33% | — | — |
| Brickells Flagler | 45Limited financing | 1 / 3 | — | — | — |
| French Village in the Grove | 45Limited financing | 2 / 2 | — | — | — |
| Grove Isle | 44Limited financing | 7 / 8 | 10% | 27.4% | 18.8% |
| Mutiny Park | 42Limited financing | 3 / 5 | 7% | 25% | 20% |
| South 27 Lofts | 40Limited financing | 0 / 0 | — | — | — |
| Grove Towers | 39Limited financing | 1 / 2 | — | — | — |
| Virginia Grove | 39Limited financing | 0 / 0 | — | — | — |
| Grove Garden C | 36Limited financing | 1 / 1 | 25% | — | — |
| Grove Club | 31Limited financing | 1 / 1 | — | — | — |
| 2955 Shipping Ave | 29Mostly cash | 1 / 1 | — | — | — |
| Beacon Harbour | 29Mostly cash | 1 / 1 | — | — | — |
| Tigertail Bay | 29Mostly cash | 1 / 1 | — | — | — |
| Glasshaus | 27Mostly cash | 0 / 0 | — | — | — |
| At Vizcaya | 26Mostly cash | 2 / 2 | — | — | — |
| Grove Square | 25Mostly cash | 0 / 0 | — | — | — |
| Indiana Grove | 24Mostly cash | 1 / 1 | — | — | — |
| The Mutiny | 24Mostly cash | 1 / 1 | 10% | — | — |
| Grove at Grand Bay North | 23Mostly cash | 0 / 0 | 0% | — | — |
| Grove at Grand Bay South | 23Mostly cash | 1 / 1 | 0% | — | — |
| One Park Grove | 20Mostly cash | 1 / 1 | 0% | — | — |
| Yacht Harbour | 19Mostly cash | 1 / 2 | 14% | — | — |
| Coconut Grove Bayshore | 18Mostly cash | 1 / 1 | 0% | — | — |
| The Gables | 18Mostly cash | 1 / 3 | 0% | — | — |
| Club Residences at Park Grove | 14Mostly cash | 0 / 2 | 0% | — | — |
| Grovenor House | 13Mostly cash | 2 / 2 | 0% | — | — |
| Virginia Oaks | 13Mostly cash | 0 / 0 | 0% | — | — |
| Admiral Farragut | Not enough recorded loans | 0 / 0 | 0% | — | — |
| Bridgeport Villas | Not enough recorded loans | 0 / 0 | — | — | — |
| Coconut Developers | Not enough recorded loans | 0 / 0 | — | — | — |
| Dakota | Not enough recorded loans | 0 / 0 | — | — | — |
| Edgewater East | Not enough recorded loans | 0 / 0 | — | — | — |
| Marbella Villas | Not enough recorded loans | 0 / 0 | — | — | — |
| Oaks | Not enough recorded loans | 0 / 0 | — | — | — |
| Provence Village in the Grove | Not enough recorded loans | 0 / 0 | — | — | — |
| Tiger's Trapp | Not enough recorded loans | 0 / 0 | — | — | — |
| Vita At Grove Isle | Not enough recorded loans | 0 / 0 | — | — | — |
How we read it
A bank that writes a purchase mortgage at an ordinary down payment has just checked the building itself: reserves, insurance, litigation, owner-occupancy. The index (0–100) adds four parts: the share of recorded sales financed by regulated lenders over 24 months (up to 40), the lowest down payment one of them accepted (up to 35), lending in the last 12 months (up to 15) and FHA/VA programme approval (10). The absence of loans proves nothing — cash buildings are simply marked "not enough recorded loans" — so nothing here ever lowers a building's Health score.
Source: Miami-Dade County official records and the FHA/VA approval lists. Aggregates only; individual instruments are never shown. · As of 2026-10-15