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5 Grove Isle Dr # L205, Miami FL 33133
About this home
Brand New Construction in Coconut Grove on the exclusive 20-acre gated Grove Isle private island. Residence L205 at Vita, never lived in, is a 3BR/3.5BA residence featuring a unique ~1,100 SF extended private terrace—larger than most residences— creating seamless indoor-outdoor living. Bright open floor plan with abundant natural light and en-suite bathrooms in every bedroom. A dedicated elevator opens to your private foyer, and a rare private one-car garage—located directly beneath the residence and included with the purchase— offers exceptional convenience, plus two valet parking privileges. Luxury finishes include Molteni Italian cabinetry, Miele appliances, wine cooler, Dornbracht fixtures, and pre-installed Crestron and Lutron HomeWorks smart home systems. Residents enjoy 24-hour security/concierge services, marina access, waterfront walking paths, tennis/padel courts, wellness spa and fitness center, children’s playground, and an upcoming waterfront restaurant by the owners of Daniel’s. Green-certified building, only 65 residences.
Features
- Entrance Foyer
- Pantry
- Roman Tub
- East Of Us1
- Open Balcony
- Bay
- Ocean View
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $34,132
- HOA
- $4,532 / 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.
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.
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.