5 Grove Isle Drive M204, Coconut Grove, FL 33133 — MLS photo

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5 Grove Isle Drive M204, Coconut Grove, FL 33133

Active · Condominium

$9,500,000

5 Grove Isle Drive M204, Coconut Grove, FL 33133

Beds
4
Baths
5
Living area
3,610 sq ft
$ / sq ft
$2,632/sq ft
Year built
2026
Lot size
—
HOA fee
$6,280
Annual tax
—

About this property

Experience elevated Waterfront living at Vita at Grove Isle, an exclusive residential masterpiece by renowned developer Ugo Colombo, set on a private 20-acre island just off Coconut Grove. This exceptional residence offers 3,610 SF of interior living plus 1,437 SF of expansive terraces, including a 13’5” deep outdoor space, steps from the ocean. A private elevator opens directly into the home—one of only 65 uniquely designed residences in this green-certified building. Open-concept kitchens by Molteni, spa-like baths with Italian stonework, steam showers, and fixtures by Dornbracht. Pre-installed Crestron and Lutron HomeWorks systems. World-class amenities include membership to the Grove Isle Racquet & Yacht Club, tennis and pickleball courts, a full-service wellness spa and fitness center, concierge services, children’s playground, and poolside bar. Waterfront dining operated by Daniel’s Miami completes the experience—private island living at its finest. Includes one private garage. BEST UNIT AVAILABLE!

Property location

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5 Grove Isle Drive M204, Coconut Grove, FL 33133

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Facts & features

Interior

Bedrooms
4
Bathrooms
5
Living area
3,610 sq ft

Exterior & Structure

Property type
Condominium
Year built
2026

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$6,280
County
Miami-Dade
MLS listing ID
A11970177
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$42,537

Cap rate
0.3%
Net yield
0.3%
Cash-on-cash return
-19.2%
Gross yield
4.1%
Mortgage payment
$45,035/mo
Down payment
$2,375,000
Loan amount
$7,125,000
Annual NOI
$29,968

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.