All listings
Active
Active1 / 29
Photo 1 of 29
Waterfront · Condominium
$10,000,000$2,633 / sqft
5 Grove Isle Dr # M301, Coconut Grove FL 33133
Listed
4
Bedrooms
5
Bathrooms
3,798 sqft
Interior
2026
Year built
$6,658 / mo
HOA
Condominium
Type
About this home
An exceptional waterfront residence at Vita at Grove Isle, by renowned developer Ugo Colombo, is located on a private island accessed through a security-staffed gatehouse and offers 1,119 SF of expansive terraces with unobstructed views of Biscayne Bay. The residence features a private elevator foyer entry, 10' FT ceilings, and Italian marble flooring throughout. The chef’s kitchen includes an oversized island, Miele appliances, and Molteni&C cabinetry with a built-in wine cooler. The primary suite opens to the bayfront terrace and features spa-inspired bathrooms with Italian stonework, a glass-enclosed steam shower with rainfall showerhead, dual vanities, and a spacious walk-in closet. All secondary bedrooms are ensuite with walk-in closets and terrace access. Smart home technology includes a Crestron system and Lutron HomeWorks lighting. Residents receive membership to the prestigious Grove Isle Racquet & Yacht Club, along with 24/7 valet and concierge services, two pools, a fitness center and spa, tennis, padel and pickleball courts, restaurant, private clubhouse, and more. The residence includes two valet parking spaces, with a private garage available for purchase.
Features
- Built-in Features
- Closet Cabinetry
- Cooking Island
- Entrance Foyer
- Volume Ceilings
- Walk-In Closet(s)
- Utility Room/Laundry
- East Of Us1
- Open Balcony
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 4-bed rentals across Miami-Dade, from 118 active listings; the middle half ask $15,900–$37,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.