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Active
Waterfront · Condominium
$21,300,000$3,031 / sqft

5 Grove Isle Dr # L05, Coconut Grove FL 33133

4
Bedrooms
6
Bathrooms
7,027 sqft
Interior
2025
Year built
$6,765 / mo
HOA
Condominium
Type

About this home

Step Inside With Me! This brand new penthouse at Vita features over 7,000 SF of immaculate interiors and a 40' private pool. Situated within the gated enclave of Grove Isle, Vita is an exclusive collection of just 65 bayfront residences in the heart of Coconut Grove. Conceived by Ugo Colombo and CMC Group, this sky home blends elevated craftsmanship, privacy, and panoramic island living. Framed by bay and downtown skyline views, the social spaces unfold around a dramatic 55’ waterfront grand salon comprised of formal dining, TV lounge and sitting nook. The Molteni kitchen is centered upon a stand-out marble island appointed with Miele appliances including wine storage, integrated cooktop, and concealed cabinetry. Significant details include oak flooring, frameless Barausse doors, and 11’ ceilings. The generous primary suite is defined by two dressing rooms and a luxe bath offering privacy glass, book-matched marble, wood-paneled walls. Three additional guest suites complete the main level. A sculptural staircase or in-residence elevator leads to the upper level featuring a media room and entertainment den. Crowning the penthouse is a 4,165 SF rooftop terrace with sundeck, summer kitchen, and spectacular pool setting. The Grove Isle experience provides access to a 20-acre private island with a Racquet & Yacht Club membership, full-service spa, fitness center, tennis and pickleball courts, concierge services, and waterfront dining at La Sponda. Note: Developer Unit

Features

  • Cooking Island
  • Entrance Foyer
  • Pantry
  • Walk-In Closet(s)
  • Den/Library/Office
  • Media Room
  • Open Balcony
  • Bay
  • Skyline
  • Water View

Location

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

Estimated loan & HOA

$114,469

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

Principal & interest
$107,704
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.