Coconut Grove’s Next Boutique Address Book: The Lincoln and Ziggurat, Compared
Quick Summary
- Two low-density Grove options, distinct feel
- The Lincoln targets Q4 2027 delivery
- Ziggurat targets early 2028 completion
- Deposits tied to major build milestones
Why Coconut Grove is rewarding low-density luxury again
Coconut Grove has long carried a specific kind of prestige: shaded streets, mature canopy, and a social rhythm that rarely needs to perform. In today’s Miami market, that sensibility increasingly translates into demand for fewer residences per building, true residential scale, and projects that feel deliberately edited rather than mass-produced.
Two pre-construction offerings capture that return to low-density living. The Lincoln Coconut Grove presents a boutique condominium approach in an 8-story format. Ziggurat Coconut Grove positions its residences as an ultra-limited component inside a broader mixed-use plan. Both speak to discretion, but with different mechanics: one by concentrating the program on residences, the other by making the homes the most exclusive element within a landmark site.
For buyers underwriting new construction with a clear eye on timing, deposits, and day-to-day livability, those distinctions are not cosmetic. They shape the ownership experience.
The Lincoln Coconut Grove: boutique scale, clear program, and an articulated timeline
The Lincoln is a boutique condo project at 2650 Lincoln Ave, Coconut Grove, FL 33133. It is reported as 48 residences in an 8-story building, a size that often appeals to owners seeking a sense of community without the feel of a large tower.
Launch coverage has pointed to a nature-inspired design concept that references Coconut Grove’s banyan trees. Paredes Architects has been named for architecture, with CITE Arquitetura credited for a façade concept. Amenities discussed in reporting include a rooftop lap pool, spa and wellness features, and resident lounge or co-working style areas. The overall message is curated, residential, and intentionally scaled.
For sophisticated buyers, the practical question quickly becomes schedule. The Lincoln is marketed as a pre-construction offering targeting delivery in Q4 2027. In a landscape where timelines can compress or drift, a stated quarter provides a more usable planning anchor than a broad year-only target.
Pricing is reported to begin around $1.5M, with sizes covered in launch reporting at approximately 1,323 to 3,073 square feet, including penthouses. Even without committing to exact interior layouts early in the process, those parameters help a buyer calibrate fit: primary Grove address, lock-and-leave second home, or a downsizing move that still prioritizes volume.
Ziggurat: ultra-low density residences inside a mixed-use landmark
Ziggurat is a mixed-use development at 3101 Grand Ave, Coconut Grove, FL 33133 that includes condominiums plus office and retail components. Marketing materials describe 18 residences, a unit count that signals a fundamentally different ownership dynamic than a conventional high-rise.
The residential positioning is unambiguously luxury. Pricing is marketed from roughly $3.5M up to $15M depending on residence type and size. Outdoor living is central to the pitch, with marketing materials calling out 12-foot-deep terraces and summer kitchens. For many Coconut Grove buyers, terrace depth is not only lifestyle. It is strategy, expanding daily usable space without requiring a dramatically larger interior footprint.
Ziggurat’s mixed-use program includes a 5-story office building reported around 100,000 square feet, with retail integrated into the site plan. That matters because it changes the energy profile of the address. If executed well, it can support active street life and convenience at the ground level. It can also require a higher standard of management and access control, since residential privacy must coexist with commercial activity.
On the capital side, Allen Morris Co. obtained a $138.5M construction loan in December 2025 from BDT and MSD Partners and BHI, Bank Hapoalim’s U.S. unit. Buyers do not purchase a loan, but public financing disclosures can act as a proxy for where a project sits in its execution arc.
Press coverage has targeted completion in early 2028. That puts Ziggurat close to The Lincoln on the calendar, though still later in the cleanest public comparison: Q4 2027 versus early 2028.
Deposit schedules: what the milestone structure signals
In boutique, design-forward projects, the deposit schedule is more than a payment timeline. It is a window into how the developer is structuring commitment against construction progress.
The Lincoln’s deposit schedule is reported as 20% at contract, 10% at groundbreaking, 10% at the 5th-floor pour, and 60% at closing. The intermediate triggers are explicitly tied to build milestones, including both groundbreaking and a specific structural pour.
Ziggurat’s advertised structure is 5% at reservation, 15% at contract, 10% at groundbreaking, 10% at top-off, and 60% at closing. The inclusion of top-off is a familiar luxury-development marker, often meaningful operationally and psychologically as the building’s structure reaches its peak.
Neither structure is inherently better. They simply map to different buyer preferences. Some purchasers value a reservation step as a lower-friction entry. Others prefer fewer transaction moments, even if the first is larger. In both cases, 60% at closing concentrates the majority of capital at delivery, which many end-users prefer for liquidity planning during the build cycle.
Street-level impact and the Fuller Street conversation
In Coconut Grove, luxury value is rarely only about interior finishes. It is also shaped by the walk outside the lobby, the curb appeal, and the ease of moving through the neighborhood.
Ziggurat’s public approval story includes a notable civic dimension: the City of Miami approved a development agreement tied to Ziggurat that included a major Fuller Street redesign concept described as a pedestrian-oriented streetscape plan. For residents, pedestrian-first improvements can influence day-to-day quality of life, from how quickly you reach nearby dining to whether the area feels comfortable for evening strolls. For long-hold owners, neighborhood-level investments can also become part of the value narrative over time.
The Lincoln, by contrast, is framed more purely as a residential address. Many buyers will prefer that approach precisely because it keeps the focus on the building’s private experience rather than positioning it as a district anchor.
Buyer fit: choosing between two kinds of discretion
If your goal is a refined Coconut Grove residence with meaningful privacy, both projects can qualify, but for different reasons.
The Lincoln reads as a classic boutique condominium proposition: 8 stories, 48 residences, and amenity cues such as a rooftop lap pool plus resident social and work spaces. It is the kind of building where ownership can feel intimate without feeling isolated.
Ziggurat is the rarer instrument: 18 residences, large terraces with summer kitchens, and a broader mixed-use canvas. The buyer who chooses it often wants to live in the most residential portion of something larger, with the city’s activity curated below rather than avoided entirely.
In the same Coconut Grove conversation, some shoppers will also benchmark these projects against established branded or hospitality-adjacent living nearby. Buyers who want the Grove’s energy but prefer a proven luxury service ethos often look at Four Seasons Residences Coconut Grove. Those who prioritize a polished, design-led residential experience in the neighborhood might consider Mr. C Tigertail Coconut Grove as a point of reference. Even if your purchase remains firmly in the pre-construction lane, comparisons like these clarify what you personally weight most: intimacy, services, architecture, or a blend.
A practical way to underwrite the decision
For sophisticated end-users and second-home buyers, a simple framework can clarify what matters most.
First, timeline tolerance. If you are targeting occupancy sooner, The Lincoln’s stated Q4 2027 target may align better than early 2028, even if the difference is not vast.
Second, life outside the unit. Ziggurat’s mixed-use context can be a feature or a complication depending on how you value daytime activity, office adjacency, and retail integration.
Third, outdoor living. Ziggurat’s marketing emphasis on 12-foot-deep terraces and summer kitchens is unusually specific and can be lifestyle-defining. The Lincoln’s draw is less about terrace-forward messaging and more about the overall building experience and boutique amenity stack.
Finally, commitment cadence. Compare milestone deposits, not just the totals. Both are structured around construction progress, but the staging differs. If you prefer a reservation pathway, Ziggurat’s 5% entry point may feel more comfortable. If you prefer a straightforward contract-first approach, The Lincoln’s structure may read cleaner.
FAQs
Where is The Lincoln located? It is at 2650 Lincoln Ave, Coconut Grove, FL 33133.
How many residences are planned at The Lincoln? The project is reported as 48 residences in an 8-story building.
What is The Lincoln’s target delivery timeframe? It is marketed as targeting Q4 2027.
What is The Lincoln’s reported deposit schedule? 20% at contract, 10% at groundbreaking, 10% at the 5th-floor pour, and 60% at closing.
Where is Ziggurat located? It is at 3101 Grand Ave, Coconut Grove, FL 33133.
How many residences are marketed at Ziggurat? Marketing materials describe 18 residences.
What is Ziggurat’s advertised deposit structure? 5% at reservation, 15% at contract, 10% at groundbreaking, 10% at top-off, and 60% at closing.
What is Ziggurat’s completion target? Press coverage has targeted completion in early 2028.
What range is Ziggurat marketing for pricing? It has been marketed from about $3.5M up to $15M depending on residence type and size.
How should I decide between these two pre-construction options? Start with timeline, outdoor-living priorities, and whether you want a purely residential building or a mixed-use setting, then align the deposit milestone cadence with your liquidity plan. For private guidance on South Florida new-construction opportunities, visit MILLION Luxury.
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Million Luxury
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