Tech billionaires are flocking to this former bohemian enclave in Miami. See what life is like inside Coconut Grove.

Coconut Grove is becoming the new billionaire's playground in Miami.

Bloomberg/Getty Images

• Billionaires are flocking to Miami, and many are settling in the neighborhood of Coconut Grove.
• Coconut Grove's family-friendly, low-key vibe contrasts with other wealthy enclaves in Miami.
• The area is full of fine dining, elite schools, and yachts, appealing to affluent newcomers.

A new wave of billionaires is moving to Miami, but the neighborhoods they're calling home might not be the first that come to mind.