The Lincoln vs The Well Coconut Grove: Which Grove Condo Fits?
Last Updated: September 26, 2026
The Lincoln is the boutique pick: 48 residences on 8 stories, priced $1,717,000 to $3,115,000, delivery estimated in 2028. THE WELL Coconut Grove is the amenity-scale pick: 194 residences priced $1,678,000 to $8,950,000, completion expected in mid 2028. Same neighborhood, nearly the same entry price, two very different ways to live in the Grove.
This is one of the most common comparisons buyers bring to me in Coconut Grove, and it makes sense. The lowest price at each building sits about $39,000 apart, both are under construction, and both deliver in the same year. On paper they look like substitutes. Once you look at scale, deposits and what you are paying for in the amenity program, they stop looking alike very quickly. Below is how I walk a buyer through it.
How do The Lincoln and The Well compare at a glance?
The Lincoln has 48 residences, every one with a den, priced $1,717,000 to $3,115,000 with delivery estimated in 2028. The Well has 194 residences, studios to four bedrooms, priced $1,678,000 to $8,950,000 with completion expected in mid 2028. The Lincoln sells privacy and scale; The Well sells a large wellness and rooftop program.
Here are the numbers I put side by side for buyers, taken from the project records we keep for each building:
- Residences: The Lincoln, 48 on 8 stories. The Well, 194.
- Price range: The Lincoln, $1,717,000 to $3,115,000. The Well, $1,678,000 to $8,950,000.
- Residence types: The Lincoln, 1 BR + Den through 4 BR + Den plus penthouses, 1,200 to 3,073 SF, in seven floor plan configurations. The Well, studios through four bedrooms.
- Delivery: The Lincoln, estimated 2028. The Well, mid 2028.
- Design team: The Lincoln, Paredes Architects with interiors by Design Philosophy and a facade by CITE Arquitetura of Rio de Janeiro. The Well, architecture by Arquitectonica and interiors by Meyer Davis.
- Developer: The Lincoln, LORE Development Group with Element Development. The Well, Terra.
- Deposits before closing: The Lincoln, 40%. The Well, 50%.
You can see the full Lincoln residence mix on the residences section of this site, and the floor plans are available through the floor plan library.
Which building has the better entry price?
At the bottom of the range the two are essentially tied: $1,717,000 at The Lincoln against $1,678,000 at The Well. The real difference is what that money buys. Every Lincoln residence includes a den, and the smallest plans measure 1,200 SF. The Well's entry product is a smaller residence type, so compare the two plan by plan.
This is where I slow buyers down. A headline price only tells you where the list begins. The question that matters is what you get at the number you are prepared to spend. At The Lincoln, the entire building sits inside a tight band, $1,717,000 to $3,115,000, which means even the larger residences stay under the entry pricing of the ultra-luxury Grove projects. At The Well, the range runs all the way to $8,950,000, so the building serves a much wider buyer pool, from a first Grove purchase to a penthouse buyer.
For a buyer with a budget around $2 million to $3 million, both buildings are in play, and the decision usually comes down to layout. The den in every Lincoln residence is a real differentiator for anyone who works from home. Ceiling heights reach up to 11 feet with floor-to-ceiling glass, and the kitchens are Snaidero with Miele appliances, upgradeable to Sub-Zero and Wolf. The Well's residences carry Sub-Zero, Wolf and ASKO appliances and design details like red light therapy closets, which tells you who that building is designed for.
One more data point on current inventory: the sales team confirmed on September 24, 2026 that two residences on The Lincoln's March 2026 availability list, 203 and 502, have sold, and an updated price list has not been issued yet. In a 48-residence building, every sale is a meaningful share of what is left. Ask me for the current list before you settle on a specific residence.
How different are the deposit schedules?
The Lincoln collects 40% before closing: 20% at contract, 10% ninety days after the first deposit, 10% at the 5th floor concrete pour and 60% at closing. The Well collects 50% before closing in five 10% payments tied to construction milestones, with 50% at closing. The Lincoln is front-loaded but asks for less in total before delivery.
Run it on the entry residences and the difference is concrete. On a $1,717,000 residence at The Lincoln, you would put down $343,400 at contract, another $171,700 ninety days later, $171,700 at the 5th floor pour, and $1,030,200 at closing. On a $1,678,000 residence at The Well, each 10% payment is $167,800, five of them total $839,000 before closing, and $839,000 is due at closing.
The detail I point out to every Lincoln buyer is the timing. The Lincoln is now under construction, and the sales team confirmed that the second 10% comes due 90 days after the first deposit (developer sales team, September 24, 2026). That means 30% of the price is committed within roughly three months of signing. If your capital is arriving over time, plan for that. The Well spreads its payments across milestones, but because it is also under construction, some of those milestones may already be behind it by the time you sign. When a milestone has passed, that deposit is typically collected at contract, so confirm the exact schedule in your contract before you compare the two on paper.
The Lincoln's larger closing balance, 60%, also matters if you plan to finance. More of the price is settled at closing, which is when a mortgage funds. I run the numbers with each buyer on the exact residence, because the right structure depends on where the money is coming from.
What do you get for the amenity program at each?
The Lincoln's amenities are scaled for 48 households: a 40-foot heated rooftop lap pool with cabanas, an observation deck, a rooftop lounge with summer kitchen, a spa with hot and cold plunge, sauna and steam, a fitness center, golf simulator and co-working. The Well builds its identity around a 13,000 SF wellness club and a 40,000 SF rooftop.
These are two different philosophies. At The Lincoln, the building gives you what you use every day and leaves the rest to the neighborhood: CocoWalk, the waterfront parks and the Grove's restaurants are a short walk away. The amenity list also covers the practical side, with 24/7 security and valet, EV-ready parking, a dog park and a pet grooming room. You can review the full list in the amenities section.
At The Well, the amenity program is the product. The wellness club includes yoga and massage rooms, and the rooftop adds a pool, lounge areas and a rooftop bar, plus a resident lounge, boardroom, library and pickleball courts. If you will use that programming several times a week, it is a strong package. If you will not, you are still carrying it in the association budget, which is the trade-off I raise with anyone who is not already living that routine.
Who should buy The Lincoln and who should buy The Well?
Buy The Lincoln if you want a small building, a den in every residence, a tight price band and fewer neighbors sharing the pool. Buy The Well if you want a full wellness club, a large rooftop social scene and a wider choice of residence sizes, including studios and larger residences above the Lincoln's $3,115,000 ceiling.
The Lincoln buyer I see most often is a professional or a family already living in Miami who wants the Grove's village feel without a large tower, and who needs a real home office. The den matters to that buyer more than a pickleball court. They also like that the building is designed as a LEED-certified green building, and that a 48-residence association is a small group of owners.
The Well buyer is often someone for whom the wellness routine is the reason to move. That buyer compares The Well against wellness-focused product anywhere in Miami, not only in the Grove. The Well also suits a buyer who wants a smaller entry residence, like a studio, which The Lincoln does not offer.
Where does Four Seasons Coconut Grove fit in this comparison?
Four Seasons Private Residences Coconut Grove sits in a different tier. The lowest price in our current records is $4.2M, above The Lincoln's entire range, and the 70 residences run 2,025 to 9,700 SF on 20 stories. It has broken ground, but completion has not been announced. It is the bayfront, full-service option, not a direct Lincoln alternative.
I include it because buyers ask, and because it frames the Grove's price ladder. The Four Seasons deposit is 20% at contract, 20% at groundbreaking and the balance at closing, so it also asks for 40% before closing, on a much larger check. The amenity program is hotel-driven: a signature restaurant with in-residence dining, a serviced pool deck overlooking Biscayne Bay and a full-service spa, with a la carte services on top. Interiors are by Michele Bönan and architecture by Revuelta Architecture International, developed by CMC Group and Fort Partners.
The Lincoln's own records note it is not bayfront, and that is a fair line to draw. If direct water and hotel service are the priority, the Four Seasons Coconut Grove site has the details. If the priority is a newer, smaller building in the village at under $3.2M, The Lincoln and The Well are the two to compare.
What are the downsides of each building?
The Lincoln is a mid-rise, so you are not buying sweeping high-rise views, and it is not on the water. Its developers have a smaller profile than the large Miami groups. The Well is not boutique at 194 residences, and its wellness programming only pays off if you use it.
I put the downsides in front of every buyer before the positives, because they decide whether a building fits. At The Lincoln, the views are about the tree canopy and the neighborhood, not the skyline. That is a feature for some buyers and a deal breaker for others. The developer team is smaller than names like Related, Terra or Swire, which is why I follow construction progress closely. The building is now under construction, and the 5th floor concrete pour is itself a deposit milestone, so I track it.
At The Well, scale cuts both ways. A 194-residence building has more owners and more activity in the common areas. The records we keep on the building show short-term rentals are not permitted, so it is an end-user or long-term hold. I also remind buyers that a pre-construction purchase at either building is a commitment through closing. Plan the capital on that basis.
How I would approach the decision
Start with the residence, not the building. Pick the two or three layouts at each project that fit your budget and your life, then compare the deposit schedule on those exact numbers. Walk the Grove at the hours you would actually be home. The location section of this site covers the walk to CocoWalk and the parks.
Then ask about inventory. In a 48-residence building, a specific line can sell out between one conversation and the next, and developers raise prices as a building sells, with the most popular lines and floors repriced first. I track both projects closely and I am in regular contact with the sales teams, so when a Lincoln residence comes back or terms shift at The Well, I hear about it early. Call me at 786-474-9627 and I will send the current availability at both buildings along with the floor plans.
Compare The Lincoln and The Well with Adrian
Get the current Lincoln availability, the deposit math on the exact residence you like, and a side by side with The Well.
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Is The Lincoln or The Well Coconut Grove less expensive?
At the entry level they are close. The Lincoln is priced $1,717,000 to $3,115,000 and THE WELL Coconut Grove is priced $1,678,000 to $8,950,000, so the lowest residences sit about $39,000 apart. The Well runs much higher at the top because it includes larger residences and penthouses.
Which building is smaller, The Lincoln or The Well?
The Lincoln is the boutique option with 48 residences on 8 stories. THE WELL Coconut Grove has 194 residences. If fewer neighbors and a quieter lobby matter to you, The Lincoln is the smaller building by a wide margin.
How do the deposit schedules compare?
The Lincoln asks for 20% at contract, 10% ninety days after the first deposit, 10% at the 5th floor concrete pour and 60% at closing, so 40% before closing. The Well asks for five 10% payments tied to milestones and 50% at closing, so 50% before closing.
When do The Lincoln and The Well deliver?
The Lincoln is under construction with delivery estimated in 2028. THE WELL Coconut Grove is under construction with completion expected in mid 2028. Both are holds through closing, not quick trades, and I plan every purchase on that basis.
Where does Four Seasons Coconut Grove fit in?
Four Seasons Private Residences Coconut Grove is a different tier: 70 residences, 20 stories, sizes of 2,025 to 9,700 SF and the lowest price in our current records at $4.2M. Completion has not been announced. It competes on bayfront service, not on entry price.