About The Ritz-Carlton Residences Coconut Grove
Developed by The Ritz-Carlton Hotel Company · Designed by Nichols Brosch Wurst Wolfe & Associates
The Ritz-Carlton Residences Coconut Grove is a pair of 22-story twin towers at the corner of 27th Avenue and Grand Avenue: The Tower Residences (3400 SW 27th Ave, 126 units, completed 2001) and The Executive Residences (3350 SW 27th Ave, 87 units, completed 2002). Developed by The Ritz-Carlton Hotel Company and designed by Nichols Brosch Wurst Wolfe & Associates, together they comprise 213 residences and were among the first branded-residence towers to bring full hotel services to Coconut Grove’s condo market.
Residents of both towers share the hotel’s services and facilities: a resort-style pool, a heated lap pool, a poolside cafe, a fitness center and a 6,000-square-foot spa, a business center, 24-hour concierge, valet and housekeeping, and direct access to the adjoining Ritz-Carlton hotel.
Each tower has its own MLS listings; this page combines both, and the recent sales table shows which tower each unit is in.
Building Fees & Assessments
MLS listings for The Ritz-Carlton Residences Coconut Grove have shown a median association fee around $1.84/sqft/month -- shown per square foot, not as a flat dollar figure, since that's comparable across unit sizes rather than skewed by whichever units happen to be listed right now. This is a point-in-time reference, not a live figure, and can change over time. Confirm the current fee for a specific unit before making an offer.
The Ritz-Carlton Residences Coconut Grove is 25+ years old, which puts it within Florida's Milestone Inspection requirement (SB 4-D, post-Surfside law covering condo/co-op buildings 3+ stories, coastal buildings inspected at 25 years and every 10 years after). Request the building's most recent milestone inspection report, structural integrity reserve study (SIRS), and reserve fund status before purchasing -- these determine whether a special assessment is likely.
Specific reserve fund balances, pending special assessments, and financial statements aren't public MLS data -- request them directly from the condo association or your agent before making an offer.
Rental Potential
See the live "Monthly rental from" figure above for The Ritz-Carlton Residences Coconut Grove's current lowest asking rent, and the market snapshot's closed-lease count and median rent for actual rental demand over the trailing 12 months -- both update automatically, unlike a number written here. Specific rental rules -- minimum lease term, rentals allowed per year, and whether short-term/Airbnb-style rentals are permitted -- are set by the condo association and vary by building. Verify current rental restrictions directly with the association before buying as an investment.
Frequently Asked Questions
Is The Ritz-Carlton Residences Coconut Grove pet-friendly?
Yes, The Ritz-Carlton Residences Coconut Grove is generally pet-friendly. Verify current pet rules and any breed or weight restrictions directly with the building association before purchasing.
Can I rent out my unit at The Ritz-Carlton Residences Coconut Grove?
Long-term rentals are generally permitted at The Ritz-Carlton Residences Coconut Grove, though minimum lease terms and any short-term rental restrictions vary by building. Verify the current rental policy directly with the association before purchasing as an investment.
Do The Tower Residences and The Executive Residences share amenities?
Yes. Residents of both towers have access to the Ritz-Carlton's hotel-style services and facilities, including a resort-style pool, a heated lap pool, a poolside cafe, a fitness center and spa, a business center, and 24-hour concierge, valet and housekeeping. Confirm current access rules with the association before buying.
What's the difference between the two towers?
The Tower Residences (3400 SW 27th Ave, 126 units, completed 2001) and The Executive Residences (3350 SW 27th Ave, 87 units, completed 2002) are separate condominiums with their own MLS listings, sharing the same hotel-branded services.
Reviewed by Carlos Olivares, FL License #3051724. Last updated September 2026.
