In January 2026, 3085 Munroe Drive, in Coconut Grove, sold for $71.9 million — in an off-market deal whose buyer, as reported by the American press, was Larry Page, Google's co-founder. Weeks earlier, Page had already bought another Grove mansion, at 3585 Anchorage Way, for $101.5 million. Combined, the two purchases total roughly $173 million.
This is the second stop in our series on the 10 micro-markets behind $30M+ sales in Miami-Dade — the ultra-luxury map, address by address.
The billionaire cluster in the making
Coconut Grove, Cocoplum and the Coral Gables waterfront form the micro-market our study classifies as "rising": the billionaire cluster in the making. The local press already has another name for the area — Coconut Grove Magazine called it America's "new capital of extreme wealth."
The anchor sale
The January 5, 2026 closing of 3085 Munroe Drive (off-market; sellers Sloan Lindemann Barnett and Roger Barnett) is the cluster's anchor sale: $71.9 million paid by one of Google's founders, weeks after the $101.5 million paid for 3585 Anchorage Way (December 29, 2025). Two purchases, one buyer, one neighborhood — the kind of signal that redraws the ultra-luxury map.
The other 2026 sales
The cluster isn't only about Page. In April 2026, two sales reinforced the trend:
- 33 Arvida Parkway, Gables Estates — $55 million (April 16, off-market; sellers Dr. Nicole Martin and Anthony Lopez, buyer Green Woods Trust)
- 625 Reinante Avenue, Coral Gables — $47 million (April 23, MLS A11960810)
In July, 3575 Battersea Road, in Coconut Grove, was reported by The Real Deal as sold for over $80 million — also off-market.
What it means for buyers
When billionaires concentrate purchases within such a short radius, the effect is twofold: reference prices rise and the micro-market's liquidity is proven. The Grove–Cocoplum–Gables cluster is no longer a bet — it's a validated address. That's why it takes the second spot in our series.