Key Notes
- Raffles plans its first standalone branded residences in Coconut Grove, Miami, with a collection of 35 private homes.
- The project website advertises two- to four-bedroom residences from $4.5 million.
- Raffles lists a planned 2029 opening, with ownership benefits linked to the wider Accor network.
Raffles Hotels & Resorts has chosen Miami’s Coconut Grove for its first standalone branded residences, a collection of 35 private homes overlooking Biscayne Bay. The development brings the hospitality brand into a building devoted to residential ownership, with homes currently advertised from $4.5 million.
Developed with Mast Capital and BH Group at 2545 South Bayshore Drive, Raffles Residences Coconut Grove is listed on the brand’s residences page with a planned 2029 opening. For travellers following Raffles’ expansion, the distinction is important: this announcement concerns homes for owners, rather than hotel rooms available for a Miami holiday.
A Waterfront Address With 35 Homes
The official project website describes two- to four-bedroom residences, with deep terraces designed for outdoor living. Its design presentation combines stone and wood interiors with views across the bay and the surrounding tree canopy.
The relatively small collection is central to the proposition. With 35 homes, the developers are presenting a more intimate residential setting than a large hotel-and-condominium complex. The launch announcement also includes a limited selection of penthouses, although the individual layouts and availability should be confirmed through the sales team.
Raffles Service Moves Into Private Ownership
Accor’s announcement identifies Coconut Grove as the first standalone residential development in Raffles’ portfolio. The brand previously entered North America through Raffles Boston, which combines a hotel and residences.
The Miami project applies Raffles’ approach to service to homeowners’ daily routines. The company says the scale will allow staff to understand individual preferences and tailor the experience around residents, rather than a succession of short hotel stays.
Ownership is also intended to connect residents with the wider hospitality network. Accor lists global VIP recognition, Elite membership in ALL Accor and access to preferred rates through its Ownership Benefits Program. Those are programme benefits; prospective owners should request the applicable terms and the specific status level.
Who Is Behind the Design?
Brandon Haw Architecture is leading the architecture, with Accor One Living supporting development, design and operations. The waterfront location gives the project its visual identity, pairing the building with Coconut Grove’s greenery and Biscayne Bay.
The published images are architectural renderings of the planned development. They illustrate the design vision and setting ahead of the targeted opening, rather than showing a completed property.
Prices, Timing and What Comes Next
The project website currently advertises homes from $4.5 million and accepts inquiries for priority access. Accor’s launch announcement anticipated a sales launch in autumn 2026, while Raffles’ own portfolio page provides the 2029 opening target. Neither should be read as confirmation that homes are ready for occupation.
We have also covered Raffles’ Courchevel resort plans and its two-city escape linking London and Paris. Coconut Grove adds a residential direction to that wider expansion, extending the brand from places to visit into an address designed for long-term ownership.
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