Atlantic Luxury Advisors
5 Grove Isle Dr #M301 photo 15 Grove Isle Dr #M301 photo 25 Grove Isle Dr #M301 photo 35 Grove Isle Dr #M301 photo 45 Grove Isle Dr #M301 photo 5

29 photos

5 Grove Isle Dr #M301

Coconut Grove, FL 33133

$10,000,000
4
4.5
3,798 sq ft
2026
2 car
Condominium
$6,658/mo
Yes
1
Active

Listing courtesy of Compass Florida, LLC (Liz Hogan). Contact: [email protected].

About this home

An exceptional waterfront residence at Vita at Grove Isle, by renowned developer Ugo Colombo, is located on a private island accessed through a security-staffed gatehouse and offers 1,119 SF of expansive terraces with unobstructed views of Biscayne Bay. The residence features a private elevator foyer entry, 10' FT ceilings, and Italian marble flooring throughout. The chef’s kitchen includes an oversized island, Miele appliances, and Molteni&C cabinetry with a built-in wine cooler. The primary suite opens to the bayfront terrace and features spa-inspired bathrooms with Italian stonework, a glass-enclosed steam shower with rainfall showerhead, dual vanities, and a spacious walk-in closet. All secondary bedrooms are ensuite with walk-in closets and terrace access. Smart home technology includes a Crestron system and Lutron HomeWorks lighting. Residents receive membership to the prestigious Grove Isle Racquet & Yacht Club, along with 24/7 valet and concierge services, two pools, a fitness center and spa, tennis, padel and pickleball courts, restaurant, private clubhouse, and more. The residence includes two valet parking spaces, with a private garage available for purchase.

What it costs to own
Estimated monthly payment
$78,818/mo
Principal and interest
$50,565
Property tax
$15,345
Homeowners insurance
$6,250
HOA
$6,658

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$184,134/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
$6,658/mo (from the listing)
FEMA flood zone
Zone VE, coastal high hazard

Inside the Special Flood Hazard Area with wave action. Lenders require flood insurance on a financed home, and premiums here are the highest of any zone.

Hurricane evacuation zone
Zone B: ordered to evacuate for Category 1 hurricanes and stronger.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.