5 Grove Isle Dr
Coconut Grove, FL 33133
$21,300,000
$3,031/ft²
About this home
Step Inside With Me! This brand new penthouse at Vita features over 7,000 SF of immaculate interiors and a 40' private pool. Situated within the gated enclave of Grove Isle, Vita is an exclusive collection of just 65 bayfront residences in the heart of Coconut Grove. Conceived by Ugo Colombo and CMC Group, this sky home blends elevated craftsmanship, privacy, and panoramic island living. Framed by bay and downtown skyline views, the social spaces unfold around a dramatic 55’ waterfront grand salon comprised of formal dining, TV lounge and sitting nook. The Molteni kitchen is centered upon a stand-out marble island appointed with Miele appliances including wine storage, integrated cooktop, and concealed cabinetry. Significant details include oak flooring, frameless Barausse doors, and 11’ ceilings. The generous primary suite is defined by two dressing rooms and a luxe bath offering privacy glass, book-matched marble, wood-paneled walls. Three additional guest suites complete the main level. A sculptural staircase or in-residence elevator leads to the upper level featuring a media room and entertainment den. Crowning the penthouse is a 4,165 SF rooftop terrace with sundeck, summer kitchen, and spectacular pool setting. The Grove Isle experience provides access to a 20-acre private island with a Racquet & Yacht Club membership, full-service spa, fitness center, tennis and pickleball courts, concierge services, and waterfront dining at La Sponda. Note: Developer Unit
Features
- Waterfront
- Private pool
Property details
Listing
- MLS #
- A12025886
- Status
- For sale
- Listed on
- May 28, 2026
- Days on market
- 74 days
- Listing data updated
- Jul 20, 2026
Interior
- Beds
- 4
- Baths
- 5.5
- Living area
- 7,027 ft²
- Price per ft²
- $3,031/ft²
- Unit
- PH-L05
Building & community
- Type
- Condo
- Year built
- 2025
- HOA fee
- $6,765/mo
- County
- Miami-Dade
Lot & exterior
- Waterfront
- Yes
- Private pool
- 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)
- $107,704
- Property taxes (est.)
- $19,525
- Home insurance (est.)
- $600
- Flood insurance (est.)
- —
- HOA fee
- $6,765
Estimated total$134,594*/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 foundWe 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?
Location
Mortgage calculator
$107,704/moEstimated principal & interest. Taxes, insurance, and HOA are not included. This is an estimate, not a quote or financial advice.
This listing is courtesy of Douglas Elliman.
Dina Goldentayer · 786-277-7539 · dina.goldentayer@elliman.com · 305-695-6075
Data deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
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