Raffles Chooses Coconut Grove for Its First Standalone Branded Residences

At a Glance

• Raffles Residences Coconut Grove is the brand's first standalone residential development, announced October 29, 2026.
• The 35 residences rise at 2545 South Bayshore Drive on Biscayne Bay, developed by Mast Capital and BH Group.
• Brandon Haw Architecture leads the design, with two- to 4.5-bedroom homes starting at $4.5 million.
• Sales are anticipated to launch this fall.

Raffles Hotels & Resorts has chosen Miami's Coconut Grove for its first standalone branded residences. Raffles Residences Coconut Grove, announced October 29, will hold just 35 private homes at 2545 South Bayshore Drive, on the shore of Biscayne Bay.

Raffles, part of Accor, is developing the project with South Florida real estate firms Mast Capital and BH Group.

Raffles was born with the opening of Raffles Singapore in 1887, and its hotels have welcomed generations of writers, artists, cultural figures and world leaders. Its Butler Service remains one of the most recognizable forms of personalized hospitality in the world.

The brand's North American debut, Raffles Boston, pairs a hotel with residences. Coconut Grove is built entirely around private ownership: a select range of homes crowned by a limited offering of penthouses, conceived as generational residences.

Coconut Grove is Miami's oldest neighborhood. Its winding roads run beneath a lush tree canopy, historic estates sit quietly along the waterfront, and daily life stays close to Biscayne Bay. With few opportunities for new development, demand has outpaced inventory, and the Grove has become one of South Florida's most coveted residential markets.

Brandon Haw Architecture leads the design. Haw spent 26 years alongside Lord Norman Foster at Foster + Partners, where he directed the firm's U.S. operations, before founding his own practice in 2014. Accor One Living, Accor's platform for the development, design and operation of branded residential communities, supports the project.

The building stands where Biscayne Bay meets the Grove's tree canopy, with views across the bay, over the neighborhood's private residential enclaves and toward the Miami skyline.

At 35 homes, the scale lets service be personal: owners known by name, preferences remembered and service shaped around the rhythms of daily life. Through the Accor Ownership Benefits Program, owners also receive global VIP recognition and Elite membership in the ALL Accor loyalty program, with preferred rates at more than 5,800 Accor hotels and resorts.

Sales are anticipated to launch this fall, with two- to 4.5-bedroom residences starting at $4.5 million. Registration is open at RafflesResidencesCoconutGrove.com.