5 Grove Isle Dr

Coconut Grove, FL 33133

$9,500,000

$2,200/ft²

4Beds

4.5Baths

4,318Sq ft

2025Year built

CondoType

About this home

Introducing Vita at Grove Isle — Sole 504, a rare corner residence with breathtaking bay views from every room. Completed in 2026 by renowned developer Ugo Colombo, this exceptional home is set on a Coveted private 20-acre island in Coconut Grove. Spanning 4,318 interior sqft and 1,195 sqft of expansive waterfront terraces, the residence is designed for seamless indoor-outdoor living. A private elevator opens directly into the home, where floor-to-ceiling glass showcases stunning bay views and fills the living spaces with natural light. This 4-bedroom, 4.5-baths layout features Generous Living and Dining areas, secluded primary suite, and well-appointed guest accommodations, including a junior suite. The Molteni&C kitchen pairs refined European cabinetry with premium Miele appliances, and features include Italian marble, Dornbracht fixtures, 10-foot ceilings, a Lutron lighting system, and a spa-inspired bath with steam and aromatherapy. Vita’s boutique setting of just 65 residences creates an intimate resort-style atmosphere, complete with a bayfront pool and bar, fitness center, wellness spa, and dedicated concierge services. Residents also enjoy exclusive membership to the Grove Isle Club, featuring tennis, pickleball, padel, and a vibrant social scene. The building will also debut its signature waterfront restaurant, “La Sponda,” by the team behind Daniel’s Miami. This is more than a home—it’s a private island lifestyle defined by luxury, design, and unforgettable views.

Features

Waterfront

Property details

Listing

MLS #: A11987983
Status: For sale
Listed on: Mar 25, 2026
Days on market: 137 days
Listing data updated: Jul 23, 2026

Interior

Beds: 4
Baths: 4.5
Living area: 4,318 ft²
Price per ft²: $2,200/ft²
Unit: S 504

Building & community

Type: Condo
Year built: 2025
HOA fee: $7,533/mo
County: Miami-Dade

Lot & exterior

Waterfront: Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest): $48,037
Property taxes (est.): $8,708
Home insurance (est.): $600
Flood insurance (est.): —
HOA fee: $7,533

Estimated total$64,878*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?

Building structural health (SIRS)

No filing record found

We couldn't find a SIRS filing record for this building in Florida's public DBPR database. That is not a red flag by itself: buildings under three stories are exempt, recent or mailed-in filings may not appear yet, and the name or address on file may differ from this listing.

Questions about this

What is a SIRS and why does it matter?

Since the Surfside collapse, Florida requires condo and co-op buildings three stories or taller to complete a Structural Integrity Reserve Study: an inspection-based plan that forces the association to fund structural repairs (roof, load-bearing walls, plumbing, electrical) instead of deferring them. It matters because underfunded buildings are the ones that surprise owners with large special assessments.

Has this building filed its SIRS?

We didn't find a filing record for this building in the DBPR's public database. Absence of a record does not mean the building is out of compliance — it may be exempt (under three stories), the filing may be recent or on paper, or the recorded name/address may differ. It IS the right question to ask before offering.

What is a special assessment?

A one-off charge the association levies on every owner when reserves don't cover a needed repair — in older coastal buildings they have ranged from a few thousand to over $100,000 per unit. The SIRS exists precisely to make these predictable and funded in advance. Always review the building's budget, reserves and meeting minutes before buying.

What should I check before buying in this building?

Florida law gives buyers the right to review the association's SIRS, milestone inspection reports, budget and reserves — the full study is available from the association by written request. Nilyan requests and walks through these documents with her buyers as part of the offer process.

Source: Florida DBPR public SIRS reporting database. Filing status is self-reported by the association; this is not an audit, inspection or safety certification, and absence of a record does not mean non-compliance. Data as of July 30, 2026.

Want the full structural picture of this building before you offer?