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Preheat oven to 350 F and spray a 9-by-13-inch pan with non-stick cooking spray
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Combine butter, flour, shredded coconut, coconut extract, powdered sugar, and salt in a bowl until the dough resembles small pea-sized pieces
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Pat dough into the bottom of the pan evenly
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Bake for 10 minutes
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Remove crust from oven, and then start to prepare filling while the crust is cooling
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For the filling, blend eggs, sugar, flour, grapefruit juice and peel until all are combined (note it will be lumpy, but will smooth out during baking)
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Pour filling over crust
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Bake for about 20 minutes or until the sides begin to loosen from the pan
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Allow to cool: right before serving, cut into bars, sift with powdered sugar and serve immediately