WRE News: Terra & THE WELL Unveil $650M Wellness-Focused Residences in Coconut Grove

Miami, FL – December 31, 2024 – Terra Group Miami and THE WELL have announced their second wellness-focused residential development, THE WELL Coconut Grove, a $650 million project blending high-end living with holistic well-being.

Following the success of THE WELL Bay Harbor Islands, this new community offers one- to four-bedroom residences ranging from 960 to 4,200 square feet, with prices starting at $1.5 million. Unique wellness amenities include hyperbaric chambers, crystal cave relaxation lounges, and spaces dedicated to physical and mental health.

Set in Coconut Grove — an area known for its active, outdoor lifestyle — the project has already garnered significant interest, with 20% of units reserved within 48 hours. Positioned in one of America’s healthiest cities, THE WELL Coconut Grove aims to redefine modern living by aligning luxury and wellness to meet the evolving needs of today’s homeowners.