5 Grove Isle Dr # L502, Coconut Grove FL 33133

4 beds · 4.5 baths · 5,056 ft²

For Sale · Active Listing

$50,000

Est. Payment $266/mo

MLS Sheet Video

4

Bedrooms

4.5

Bathrooms

5,056

Sq. Ft.

2026

Year Built

2

Garage

6

Stories

20

Days on Market

Description

Experience elevated waterfront living at Grove Isle in this exceptional 4-bedroom + den, 4.5-bath residence spanning 5,056 sq ft. This expansive home features a thoughtfully designed layout with elegant formal living and dining areas, complemented by a modern aesthetic and refined finishes throughout. Enjoy breathtaking, unobstructed Biscayne Bay views from expansive living spaces and a large private terrace—perfect for entertaining or relaxing in total privacy. The residence offers generously sized bedrooms, a versatile den ideal for a home office or media room, and abundant storage throughout. Ideally located in Coconut Grove’s most exclusive guard-gated island community, just minutes from the vibrant village center, including CocoWalk, offering upscale shopping, dining, and entertainment. Enjoy proximity to waterfront parks such as Peacock Park and Kennedy Park, as well as the historic The Barnacle Historic State Park. Nearby Dinner Key Marina provides boating access and scenic bayfront leisure. Residents enjoy world-class amenities including 24/7 security, valet, fitness center, pool, tennis courts, spa, and marina. A rare opportunity to lease a truly luxurious waterfront residence in one of Miami’s most prestigious locations.

Facts

MLS#
A11986858
Subdivision
Property Type
Residential Lease
Property Sub Type
Condominium
Year Built
2026
Lot Size
0 sqft
Sq. Ft.
5,056 ft²
Sq. Mt.
470 m²
Price per sq. ft.
$10/ft²
Price per sq. mt.
$106/m²
Stories
6
Garage
2 spaces
Pool
Days on Market
20 days
Listed
Mar 20, 2026
Last Updated
Apr 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

May 2026

100/100
Buyers marketSellers market

36

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).

3/20/2026Listed for sale$50,000

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 # L502, 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.

$166,667

gross income / month to qualify

Monthly rent$50,000
Required annual income$2,000,000
Security deposit (est.)$50,000
Move-in cost (1st + last + security)$150,000

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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