Jelly Nut Green Coconuts are the same variety as the brown, hairy ones with which you may be more familiar. Both come from the coconut palm (Cocos nucifera). The taste of the liquid inside a green coconut often referred to as coconut water, is slightly sweet and nutty, with a slightly tart and refreshing flavour. The flesh inside a young coconut is also edible and has a soft, jelly-like texture, with a mild coconut flavour.