Atlantic Luxury AdvisorsKeller Williams Realty Services

52 photos

5 Grove Isle Dr #L205

Miami, FL 33133

$6,750,000
3
3.5
2,608 sq ft
2026
1 car
Condominium
$4,532/mo
Yes
146
Active

Listing courtesy of One Sotheby's International Realty. Contact: [email protected].

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.

What it costs to own
Estimated monthly payment
$53,218/mo
Principal and interest
$34,132
Property tax
$10,337
Homeowners insurance
$4,217
HOA
$4,532

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
$124,044/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
$4,532/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.