Coconut Grove’s Quiet Luxury Boom Just Got a $323.8M Vote of Confidence
Courtesy of CMC Group and Fort Partners
A $323.8 million construction loan is the kind of headline that reads less like financing and more like a vote of confidence. Fort Partners and CMC Group have closed a $323.8 million loan from Bank OZK for Four Seasons Private Residences Coconut Grove, and the detail that matters most is demand: more than 10 lenders reportedly competed with highly competitive terms. In a market that’s still riding wealth-migration momentum, it’s a very clear signal that institutional capital is getting more specific about where it wants exposure—and Coconut Grove is on that short list.
The project is also a milestone for the brand: it’s Four Seasons’ first standalone residential offering in Florida, rising as a 20-story waterfront tower that’s now under construction and slated to welcome residents in mid-2028. The building is designed by architect Luis Revuelta with interiors by Florentine designer Michele Bönan, and the homes are positioned as “quiet luxury” with ceiling heights ranging from 10 feet 4 inches to 11 feet 6 inches, floor-to-ceiling windows, custom Italian kitchens by Molteni and Michele Bönan Interiors, and dedicated elevator access to a private foyer.
Courtesy of CMC Group and Fort Partners
On the lifestyle side, the development is leaning hard into the things buyers at the top of the market actually use: a restaurant, library, children’s area, private event room, and an expansive pool deck and bar lounge serviced by Four Seasons. Wellness is treated as a core amenity, with a state-of-the-art fitness center, yoga and massage rooms, and a full spa circuit that includes a cold plunge, hydromassage pool, infrared sauna, ice fountain, and Roman-inspired sauna sequence—paired with residential services like a Director of Residences, Lifestyle Manager, housekeeping and butler services, in-residence dining, valet, and programming.
Put together, it’s a Coconut Grove story as much as it’s a Four Seasons story: privacy-forward, design-led, and quietly competitive at the very top of the market. Between the financing appetite, the continued sales momentum for the project’s 70 homes, and the broader pattern of ultra-wealthy buyers placing long-term bets nearby, the question isn’t whether Coconut Grove is in its luxury era—it’s whether Miami-Dade sees another record-setting condo sale sooner than anyone expects.
Have a listing you think should be featured contact us or submit here to tell us more! Follow Off The MRKT on Twitter and Instagram, and like us on Facebook.
