Atlantic Luxury Advisors
5 Grove Isle Dr #S304 photo 15 Grove Isle Dr #S304 photo 25 Grove Isle Dr #S304 photo 35 Grove Isle Dr #S304 photo 45 Grove Isle Dr #S304 photo 5

19 photos

5 Grove Isle Dr #S304

Coconut Grove, FL 33133

$9,800,000
4
4.5
4,019 sq ft
2025
2 car
Condominium
$7,066/mo
Yes
168
Active

Listing courtesy of Coldwell Banker Realty (Nathan Zeder). Contact: [email protected].

About this home

Set on the exclusive private island of Grove Isle in Miami, Vita at Grove Isle is an ultra-boutique waterfront sanctuary developed by Ugo Colombo. This expansive 4-bedroom, 4.5-bath Developer unit spans 4,019 SF under air and 5,200 SF total, with soaring 10’ drop ceilings throughout the unit, floor-to-ceiling glass, and a dedicated elevator with a private foyer. Light-filled living spaces and the primary suite face unobstructed bay views and open to a deep waterfront terrace for lounging, dining, and entertaining. The chef’s kitchen features custom Italian Molteni&C cabinetry, Miele appliances, wine cooler, and Dornbracht fixtures. Interiors include book-matched Italian marble, Crestron smart-home technology, Lutron lighting, and advanced soundproofing. The spa-inspired primary bath offers Margraf marble, custom Milldue walnut cabinetry, a soaking tub, steam shower with aromatherapy, and European fixtures. Residents enjoy resort-style amenities: bayfront pool, spa, fitness center, marina with boat slips, tennis, padel and pickleball courts, restaurant, concierge, and the scenic Baywalk—providing a refined island lifestyle minutes from Coconut Grove, Brickell, Coral Gables, and Miami Beach.

What it costs to own
Estimated monthly payment
$77,781/mo
Principal and interest
$49,554
Property tax
$15,036
Homeowners insurance
$6,125
HOA
$7,066

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
$180,437/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
$7,066/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.