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Waterfront · Condominium
$9,500,000$2,632 / sqft
5 Grove Isle Drive # M204, Coconut Grove FL 33133
Listed
4
Bedrooms
5
Bathrooms
3,610 sqft
Interior
2026
Year built
$6,280 / mo
HOA
Condominium
Type
About this home
Experience elevated Waterfront living at Vita at Grove Isle, an exclusive residential masterpiece by renowned developer Ugo Colombo, set on a private 20-acre island just off Coconut Grove. This exceptional residence offers 3,610 SF of interior living plus 1,437 SF of expansive terraces, including a 13’5” deep outdoor space, steps from the ocean. A private elevator opens directly into the home—one of only 65 uniquely designed residences in this green-certified building. Open-concept kitchens by Molteni, spa-like baths with Italian stonework, steam showers, and fixtures by Dornbracht. Pre-installed Crestron and Lutron HomeWorks systems. World-class amenities include membership to the Grove Isle Racquet & Yacht Club, tennis and pickleball courts, a full-service wellness spa and fitness center, concierge services, children’s playground, and poolside bar. Waterfront dining operated by Daniel’s Miami completes the experience—private island living at its finest. Includes one private garage. BEST UNIT AVAILABLE!
Features
- Lobby
- Cooking Island
- Elevator
- Laundry Tub
- Pantry
- Split Bedroom
- Walk-In Closet(s)
- Garage Converted
- Utility/Laundry In Garage
- East Of Us1
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 121 active listings; the middle half ask $14,000–$34,000.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.