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Waterfront · Condominium
$20,600,000$4,078 / sqft
5 Grove Isle Dr # M02, Miami FL 33133
Listed
4
Bedrooms
6
Bathrooms
5,051 sqft
Interior
2025
Year built
$9,535 / mo
HOA
Condominium
Type
About this home
Experience elevated waterfront living in this extraordinary two-level penthouse at Vita at Grove Isle, offering 4 bedrooms, 5.5 bathrooms, and 5,051SF of refined interiors with breathtaking Biscayne Bay views. A private elevator opens directly into the residence, where soaring 11-foot ceilings, floor-to-ceiling glass, and expansive wraparound terraces create a seamless indoor-outdoor lifestyle. A dramatic floating staircase connects both levels, leading to a spectacular private rooftop terrace with a pool, summer kitchen, and lounge areas overlooking the bay. The Molteni & C chef's kitchen is appointed with integrated Miele appliances and custom Italian cabinetry, while every bedroom features an en-suite bath, including a luxurious primary suite with Italian marble, soaking tub, and Turkish steam shower. Smart home technology, exceptional craftsmanship, and advanced soundproofing complete the residence. Enjoy Vita's resort-inspired amenities, including a waterfront pool, fitness center, spa, tennis and pickleball courts, marina access, 24-hour concierge, valet, and security within Grove Isle's exclusive private island setting, moments from Coconut Grove.
Features
- Built-in Features
- Cooking Island
- Other
- Pantry
- East Of Us1
- Open Balcony
- Bay
- Ocean View
Leasing
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.