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Waterfront · Condominium
$9,800,000$2,438 / sqft
5 Grove Isle Dr # S304, Coconut Grove FL 33133
Listed
4
Bedrooms
5
Bathrooms
4,019 sqft
Interior
2025
Year built
$7,066 / mo
HOA
Condominium
Type
About this home
Set on the exclusive private island of Grove Isle in Miami, Vita at Grove Isle is an ultra-boutique waterfront sanctuary developed by Ugo Colombo. This expansive 4-bedroom, 4.5-bath Developer unit spans 4,019 SF under air and 5,200 SF total, with soaring 10’ drop ceilings throughout the unit, floor-to-ceiling glass, and a dedicated elevator with a private foyer. Light-filled living spaces and the primary suite face unobstructed bay views and open to a deep waterfront terrace for lounging, dining, and entertaining. The chef’s kitchen features custom Italian Molteni&C cabinetry, Miele appliances, wine cooler, and Dornbracht fixtures. Interiors include book-matched Italian marble, Crestron smart-home technology, Lutron lighting, and advanced soundproofing. The spa-inspired primary bath offers Margraf marble, custom Milldue walnut cabinetry, a soaking tub, steam shower with aromatherapy, and European fixtures. Residents enjoy resort-style amenities: bayfront pool, spa, fitness center, marina with boat slips, tennis, padel and pickleball courts, restaurant, concierge, and the scenic Baywalk—providing a refined island lifestyle minutes from Coconut Grove, Brickell, Coral Gables, and Miami Beach.
Features
- Closet Cabinetry
- Elevator
- Entrance Foyer
- Other
- Roman Tub
- Volume Ceilings
- Family Room
- Utility Room/Laundry
- 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.