VITA AT GROVE ISLE

5 Grove Isle Dr # L506, Coconut Grove FL 33133

3 beds · 3.5 baths · 2,622 ft²

Closed

$35,000

Est. Payment $186/mo

MLS Sheet Video

3

Bedrooms

3.5

Bathrooms

2,622

Sq. Ft.

2

Garage

6

Stories

18

Days on Market

Description

Experience elevated island living at Vita at Grove Isle, one of Miami’s most exclusive new waterfront addresses. Residence L506 offers a rare opportunity to live within a private 20-acre island enclave just minutes from the vibrant village of Coconut Grove.This brand-new residence features expansive light-filled interiors with soaring ceilings and floor-to-ceiling glass that capture breathtaking water views and abundant natural light throughout the day. A private elevator opens directly into the home, creating a sense of privacy and exclusivity. The open-concept layout seamlessly connects the living and dining areas to generous terraces, perfect for indoor-outdoor living while enjoying tranquil bay views. Molteni Kitchen cabinetry, premium integrated appliances, and refined stone finishes. The spacious primary suite offers a serene retreat with a spa-inspired bathroom and elegant finishes. Residents enjoy boutique-style living with a limited number of residences and access to world-class amenities including concierge service, waterfront pool, wellness and fitness facilities, and membership opportunities at the Club featuring tennis, padel, marina access, and waterfront dining.Set within lush tropical landscaping and surrounded by water, yet moments from Coconut Grove’s renowned restaurants, marinas, and boutiques, Residence L506 offers the perfect balance of privacy, luxury, and convenience.

Facts

MLS#
A11979669
Subdivision
VITA AT GROVE ISLE
Property Type
Residential Lease
Property Sub Type
Condominium
Year Built
Lot Size
0 sqft
Sq. Ft.
2,622 ft²
Sq. Mt.
244 m²
Price per sq. ft.
$13/ft²
Price per sq. mt.
$143/m²
Stories
6
Garage
2 spaces
Pool
Days on Market
18 days
Listed
Mar 10, 2026
Last Updated
Jun 9, 2026
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Coconut Grove

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

June 2026

100/100
Buyers marketSellers market

27

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

6/9/2026Sold$35,000
3/10/2026Listed for sale$35,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

5 Grove Isle Dr # L506, Coconut Grove FL 33133Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Affordability

What you'd typically need to qualify for this rental under the standard 30% rule.

$116,667

gross income / month to qualify

Monthly rent$35,000
Required annual income$1,400,000
Security deposit (est.)$35,000
Move-in cost (1st + last + security)$105,000

Based on the 30% rule (rent ≤ 30% of gross monthly income). Move-in estimate assumes first month + last month + one month security; landlord requirements vary.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

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