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El-Ad National Properties acquires office building in Coconut Grove, Florida

Miami deal pairs with adjacent multifamily purchase to create development site
The Grove at 3250 Mary is a five-story, 80,380-square-foot office building in Miami's Coconut Grove neighborhood that sold for $62.3 million. (CoStar)
The Grove at 3250 Mary is a five-story, 80,380-square-foot office building in Miami's Coconut Grove neighborhood that sold for $62.3 million. (CoStar)
By Aisha Garrison with
CoStar Research
September 14, 2026 | 5:27 P.M.

El-Ad National Properties has acquired The Grove at 3250 Mary St. in Miami's Coconut Grove neighborhood from Azora Private Solutions and Vizcaya Capital for $62.3 million, or about $775 per square foot.

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