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Condominium at 5 Grove Isle Dr # S303, Coconut Grove FL 33133Active
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Waterfront · Condominium
$8,495,000$2,216 / sqft

5 Grove Isle Dr # S303, Coconut Grove FL 33133

4
Bedrooms
5
Bathrooms
3,834 sqft
Interior
2025
Year built
$6,765 / mo
HOA
Condominium
Type

About this home

Brand new and delivered in December 2025, this exceptional 4-bedroom waterfront residence offers 3,834 SF of refined interior living complemented by an expansive 1,134 SF terrace. Expansive views span the Bay, Coconut Grove and the Brickell skyline. The primary suite features direct water views, dual walk-in closets and a spa-style bath. All bedrooms are en-suite. Additional highlights include marble flooring, private elevator access, a dedicated laundry room, and one assigned parking space. Set on a 20-acre gated private island minutes from Coconut Grove, Vita is an exclusive collection of only 65 waterfront residences offering concierge services, a bayfront pool with bar and lounge, fitness and wellness center, marina slips, tennis, pickleball and padel courts, and a children’s playground.

Features

  • First Floor Entry
  • Open Balcony
  • Bay

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$49,720

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$42,955
HOA
$6,765 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Douglas Elliman

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

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 rent, 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. 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.