Atlantic Luxury Advisors
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38 photos

5 Grove Isle #S301

Coconut Grove, FL 33133

$5,795,000
3
3.5
2,433 sq ft
2025
2 car
Condominium
$4,213/mo
Yes
4
Active

Listing courtesy of Douglas Elliman (David Siddons). Contact: [email protected].

About this home

Brand new and delivered in December 2025, this exceptional 3-bedroom waterfront residence offers 2,433 SF of refined interior living complemented by a deep 740 SF terrace. Expansive views span the Bay, Coconut Grove and the Brickell skyline. The primary suite features direct water views, dual walk-in closets and a spa-style bath. All bedrooms are en-suite. Additional highlights include marble flooring, private elevator access, a dedicated laundry room, and two valet parking spaces. Set on a 20-acre gated private island minutes from Coconut Grove, Vita is an exclusive collection of only 65 waterfront residences offering concierge services, a bayfront pool with bar and lounge, fitness and wellness center, marina slips, tennis, pickleball and padel courts, and a children’s playground.

What it costs to own
Estimated monthly payment
$46,007/mo
Principal and interest
$29,303
Property tax
$8,866
Homeowners insurance
$3,625
HOA
$4,213

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
$106,387/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
$4,213/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.