Atlantic Luxury AdvisorsKeller Williams Realty Services

58 photos

5 Grove Isle Dr #PH-L05

Coconut Grove, FL 33133

$21,300,000
4
5.5
7,027 sq ft
2025
2 car
Condominium
$6,765/mo
Yes
Yes
127
Active

Listing courtesy of Douglas Elliman. Contact: [email protected].

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

Virtual tour
What it costs to own
Estimated monthly payment
$160,541/mo
Principal and interest
$107,704
Property tax
$32,755
Homeowners insurance
$13,317
HOA
$6,765

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
$393,063/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.

The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.

HOA
$6,765/mo (from the listing)
FEMA flood zone
Lookup unavailable. Check the FEMA map
Hurricane evacuation zone
Lookup unavailable. Know your zone

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
Location from the listing's MLS coordinatesMap data © OpenStreetMap contributors

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 Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.