The Lincoln Coconut Grove and Cora Merrick Park land in the same year in two different villages, so this is a neighborhood decision before it is a building decision: The Lincoln buys you Coconut Grove's fixed 48-unit supply and a den in every home starting at $1.5 million, while Cora Merrick Park buys you a Coral Gables wellness building with a door at about $900,000. The Lincoln is 48 residences across eight stories at 2650 Lincoln Avenue by LORE Development Group and Element Development, 1,227 to 3,073 square feet with Snaidero kitchens and Miele appliances, currently listed from about $1,520,000 to $3,115,000 and roughly 40 percent pre-sold as of June 2026, per Florida YIMBY. Cora Merrick Park is 74 residences across twelve stories at 4241 Aurora Street by Constellation Group and The Boschetti Group, designed by Arquitectonica, 678 to 2,651 square feet from about $900,000 to over $4 million, among the first Miami buildings pursuing IWBI WELL certification, per The Real Deal and PROFILEmiami. Both target 2028: The Lincoln started construction in June 2026, Cora in April 2026 and closed a $67.5 million construction loan from BHI in June 2026. For the full picture, see the building comparison index.

Side-by-Side Comparison

CategoryThe Lincoln Coconut GroveCora Merrick Park
NeighborhoodCoconut GroveCoral Gables
Address2650 Lincoln Avenue4241 Aurora Street
DeveloperLORE Development & Element DevelopmentConstellation Group & The Boschetti Group
ArchitectParedes ArchitectsArquitectonica
Structure8 stories12 stories
Total Units48 residences74 residences
Unit Types1BR+den to 4BR+den1 to 3 bedrooms + den
Sizes1,227 to 3,073 sq ft678 to 2,651 sq ft
Price From$1,500,000About $900,000
Price RangeListed about $1,520,000 to $3,115,000About $900,000 to over $4,000,000
FocusBoutique finishes (Snaidero, Miele)Wellness (IWBI WELL pursuit)
Construction StatusStarted June 2026, about 40% pre-sold, Q3 2028 deliveryStarted April 2026, $67.5M construction loan June 2026, 2028 delivery

Last verified July 27, 2026 against our own building pages for both projects. The Lincoln figures from Florida YIMBY and the developer. Cora Merrick Park figures from The Real Deal and PROFILEmiami (2026). All prices and dates are developer estimates and subject to change. Contact us for current specifications.

Price and Scale

The clearest difference is entry point and unit mix. The Lincoln starts at $1.5 million for 48 residences in an eight-story building, with layouts running from one-bedroom-plus-den to four-bedroom-plus-den and a den or office in every home. Cora Merrick Park starts at about $900,000 and runs to over $4 million for penthouses across 74 residences in a twelve-story building, with one- to three-bedroom-plus-den layouts. Cora has the lower floor and the wider band, which widens the buyer pool and adds smaller, more rentable units at 678 square feet. The Lincoln has a higher floor and a more uniform, finish-rich mix in a smaller building, which concentrates supply.

Here is the part most buyers miss, and it is the reason I push people past the headline price. The lower ticket is not the lower price per square foot. Divide each building's published entry price by its smallest published floor plan and The Lincoln's $1.5 million over 1,227 square feet works out to roughly $1,220 per square foot, while Cora's $900,000 over 678 square feet works out to roughly $1,330. Cora is cheaper to get into and more expensive per foot, because the thing that makes the entry affordable is a smaller unit, not a discount. If you are comparing a $900,000 Cora one-bedroom against a $1.5 million Lincoln one-bedroom-plus-den, you are comparing 678 square feet against 1,227, and the Lincoln unit is nearly double the home. Both figures are approximations from the published entry prices and minimum sizes above, not quoted developer per-foot pricing.

Developer and Design

The Lincoln Coconut Grove is developed by LORE Development Group, which emerged from the merger of Opportunity FII and Leste Group, together with Element Development, with Paredes Architects as architect and Winmar Construction as general contractor. Cora Merrick Park is developed by Constellation Group, led by Eduardo Otaola, with The Boschetti Group, designed by Arquitectonica with interiors by Urban Robot Associates and wellness programming by Lamarca Well. The same Cora partnership is also behind Ella Miami Beach. Both teams are building in scarce-land submarkets; The Lincoln leans on Grove finish quality, Cora on a recognized architecture firm and a wellness platform.

Wellness vs Finishes

This is where the two buildings diverge most. Cora Merrick Park is built around wellness: it is among the first Miami residential projects pursuing IWBI WELL certification, with an infrared sauna, steam room, contrast hydrotherapy pools, a rooftop pool deck, yoga and meditation spaces, a fitness center, and what the developer calls Coral Gables' first rooftop padel court. The Lincoln is a finish-led boutique condo: Snaidero Italian kitchens, full Miele appliance packages with optional Sub-Zero and Wolf upgrades, quartz countertops, up to 11-foot ceilings, Brizo and Toto bath fixtures, and a rooftop pool with a zen spa. One sells a health-focused way of living; the other sells turnkey luxury finishes.

Delivery Timeline and Financing

The timelines are close, and both projects have cleared the milestone that matters most on a 2028 delivery. Cora Merrick Park began construction in April 2026 with a 2028 completion, and in June 2026 the developers closed a $67.5 million construction loan from BHI, arranged by Berkadia, according to The Real Deal. Its sales gallery at 4200 Laguna Street has been open since October 2025. The Lincoln started construction in June 2026 with a Q3 2028 completion, and roughly 40 percent of its 48 units were pre-sold at construction start, according to Florida YIMBY. Those are two different forms of the same signal: Cora has bank capital committed, The Lincoln has buyer deposits committed. Both are mid-construction-cycle pre-construction buys, so neither offers near-term occupancy, and pre-construction delivery dates are developer estimates that can shift.

Who Should Pick Which

If you are buying a primary home in the Grove: pick The Lincoln. You are getting a fixed 48-unit supply in a neighborhood that almost never releases new condo land, a den or office in every residence, Snaidero kitchens with full Miele packages, and layouts from 1,227 to 3,073 square feet. Bring a $1.5 million floor and be honest that the current listed range runs to about $3,115,000. This is the one I recommend when someone tells me they want to live in the Grove and never move again.

If your budget tops out under $1 million: pick Cora Merrick Park, because it is the only one of the two that has a door there. About $900,000 gets you a 678-square-foot one-bedroom in a twelve-story Coral Gables building across from the Shops at Merrick Park. Go in knowing you are paying more per square foot, not less, and that you are buying the amenity floor as much as the unit.

If wellness is the actual reason you are buying: pick Cora. The IWBI WELL residential certification pursuit, the infrared sauna, the contrast hydrotherapy pools, and the rooftop padel court are not add-ons here, they are the building's organizing idea, and The Lincoln does not compete on that axis. Its rooftop zen spa is a good amenity, not a certification path.

If you are buying to rent it out: Cora's 678-square-foot units are the easier lease and the smaller check, but The Lincoln's four-bedroom-plus-den layouts sit in a Grove rental pool with very little new competition. My honest read is that neither building is an income play at these entry prices; both are scarce-land holds where the land, not the rent, is doing the work.

"Coconut Grove and Coral Gables both run short on new land, so a small, well-built condo in either tends to hold its value. What I tell buyers weighing these two is to stop comparing the headline prices and start comparing what the money buys per foot: Cora's cheaper door is a 678-square-foot unit, and The Lincoln's higher floor is a 1,227-square-foot home with a den. Then pull both developer packages and put the deposit schedules side by side. The Lincoln publishes a 20 percent at contract, 10 percent at groundbreaking, 10 percent at the fifth-floor pour, 60 percent at closing plan; Cora releases its deposit terms on its own price sheet, and that cash timeline changes what you can actually afford to hold until 2028."Gerardo Gonzalez, Licensed Real Estate Agent at Compass

My Recommendation

If your priority is a uniform, finish-rich boutique address in one of Miami's most supply-constrained luxury submarkets, The Lincoln is the stronger scarcity hold. If your priority is a wellness-built home at a lower entry point with a wider unit range, Cora Merrick Park is the practical pick. Either way, the best lines go first in small buildings. Read the full pages for each: The Lincoln Coconut Grove and Cora Merrick Park. Then contact me and I will pull the current price sheets and run a side-by-side on the specific units you are weighing.

Key Takeaways

  • Entry price: Cora Merrick Park opens at about $900,000, roughly $600,000 below The Lincoln Coconut Grove's $1.5 million floor, so Cora is the only one of the two with a sub-$1 million door.
  • Size and scale: The Lincoln is 48 residences across eight stories with plans from 1,227 to 3,073 square feet; Cora is 74 residences across twelve stories with plans from 678 to 2,651 square feet. The Lincoln has the smaller fixed supply and no small unit, Cora has the wider range.
  • What the money actually buys: dividing each published entry price by its smallest published plan puts The Lincoln near $1,220 per square foot and Cora near $1,330, so the lower ticket is not the lower price per square foot.
  • Developers: The Lincoln is LORE Development Group with Element Development, Paredes Architects, and Winmar Construction; Cora is Constellation Group with The Boschetti Group, Arquitectonica, and Urban Robot Associates, and it closed a $67.5 million construction loan from BHI in June 2026, per The Real Deal.
  • Delivery and fit: both target 2028, The Lincoln in Q3 2028 after a June 2026 construction start with about 40 percent pre-sold, Cora in 2028 after an April 2026 start. The Lincoln suits the Coconut Grove end-user who wants a den in every home and finish depth; Cora suits the Coral Gables buyer who needs a smaller, lower-priced unit or a wellness-certified building.

Quick Facts: The Lincoln vs Cora Merrick Park

Entry priceThe Lincoln: $1,500,000 / Cora: about $900,000
Top of published rangeThe Lincoln: about $3,115,000 / Cora: over $4,000,000
Building sizeThe Lincoln: 48 residences, 8 stories / Cora: 74 residences, 12 stories
Residence sizesThe Lincoln: 1,227 to 3,073 sq ft / Cora: 678 to 2,651 sq ft
Entry price per sq ftThe Lincoln: about $1,220 / Cora: about $1,330
DeveloperThe Lincoln: LORE Development Group with Element Development / Cora: Constellation Group with The Boschetti Group
DeliveryThe Lincoln: Q3 2028, started June 2026 / Cora: 2028, started April 2026

Frequently Asked Questions

Which is more expensive, The Lincoln or Cora Merrick Park?
The Lincoln Coconut Grove starts at about $1.5 million and is currently listed to about $3,115,000, according to Florida YIMBY and the developer. Cora Merrick Park starts at about $900,000 and runs to over $4 million for penthouses, per The Real Deal and PROFILEmiami. Cora has the lower entry point and the wider price band, but not the lower price per square foot: its $900,000 entry covers a 678-square-foot plan, roughly $1,330 per square foot, while The Lincoln's $1.5 million covers 1,227 square feet, roughly $1,220 per square foot.
Which building is more boutique?
The Lincoln is the smaller building: 48 residences across eight stories, versus Cora Merrick Park's 74 residences across twelve stories. Both are boutique by Miami standards, but The Lincoln's 48-unit count is the more limited, fixed supply.
Who are the developers?
The Lincoln Coconut Grove is developed by LORE Development Group and Element Development, with Paredes Architects. Cora Merrick Park is developed by Constellation Group and The Boschetti Group, designed by Arquitectonica with interiors by Urban Robot Associates.
Which one is a wellness building?
Cora Merrick Park is the wellness-focused project. It is among the first Miami residential buildings pursuing IWBI WELL certification, with an infrared sauna, hydrotherapy pools, yoga and meditation spaces, and the first rooftop padel court in Coral Gables. The Lincoln is a finish-led boutique condo with Snaidero kitchens and Miele appliances, not a dedicated wellness building.
Which delivers sooner?
Cora Merrick Park is targeted for 2028 and began construction in April 2026. The Lincoln is also targeted for 2028, specifically Q3 2028, and started construction in June 2026. The timelines are close. Delivery dates are developer estimates and can move.
Which is a better investment?
It depends on your goal. The Lincoln favors Coconut Grove scarcity with a uniform, finish-rich 48-unit boutique scale; Cora favors a lower entry point, a wellness positioning, and a Coral Gables location across from the Shops at Merrick Park. I run the numbers on specific units in either building. Contact me for a side-by-side analysis.

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