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Waterfront · Condominium
$23,500,000$3,344 / sqft
5 Grove Isle Dr, Coconut Grove FL 33131
Listed
4
Bedrooms
6
Bathrooms
7,027 sqft
Interior
2026
Year built
$12,518 / mo
HOA
Condominium
Type
About this home
Luxurious, 2-level Penthouse with a huge rooftop and 40-ft infinity pool on private Grove Isle. Finished to perfection and offered turnkey with sophisticated Artefacto furniture, this opulent residence features beautifully appointed 7,000-SF interior plus 5,600-SF of exterior spaces. Immense living areas with 11-ft ceilings seamlessly connect with a 13-ft deep terrace capturing water and Miami skyline views. Sleek Molteni kitchen opens to formal dining area, while elegant spiral stairs take you to a second level, entertainment-scale indoors and rooftop. Exquisite primary suite with lavish marble bath and 2 closets, dedicated elevator, Crestron control, Lutron lighting, Barausse doors. VITA at Grove Isle is a waterfront sanctuary developed Ugo Colombo, located moments to Coconut Grove.
Features
- Cooking Island
- Elevator
- Entrance Foyer
- Pantry
- Family Room
- Utility Room/Laundry
- Open Balcony
- Bay
- Ocean View
Leasing
- Minimum lease
- 180 days
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 119 active listings; the middle half ask $15,900–$36,500.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.