5 GROVE ISLE DR, #M403, Coconut Grove, FL, 33133 | $45,000

Experience the newest standard of luxury waterfront living at Vita at Grove Isle, an ultra-exclusive private island enclave minutes from the heart of Coconut Grove. This brand-new residence offers an exceptional blend of privacy, design, and resort-style living rarely available. A private elevator opens directly into the home, revealing expansive light-filled interiors with soaring ceilings and floor-to-ceiling glass that frame stunning water and skyline views. The thoughtfully designed layout features generous living and dining spaces that flow seamlessly onto deep terraces ideal for entertaining or relaxing outdoors. The kitchen showcases Molteni cabinetry, premium integrated appliances, and refined stone finishes, while the primary suite offers a serene retreat with spa-inspired bath. Residents enjoy the privacy of a boutique building with limited residences and access to world-class amenities including concierge service, waterfront pool, fitness and wellness facilities, and membership opportunities at the Vita Grove Isle Club with tennis, padel, marina access, and waterfront dining. Set within a lush 20-acre private island yet only minutes from Coconut Grove’s restaurants, marinas, and boutiques, this residence offers a rare opportunity to enjoy resort-style living in one of Miami’s most prestigious addresses.
Available April 15th — a rare opportunity to lease in one of Miami’s most exclusive new waterfront communities.

Features

  • Type: Condominium
  • Amenities: Fitness Center,Management,Sauna,Spa/Hot Tub
  • Bedrooms: 4
  • Baths: 4 full / 1 half
  • Year Built: 2025
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 3,713
  • Water Front: Yes
  • Pets Allowed: Yes
  • Pet Policy: Conditional,Yes
  • MLS#: A11977445
  • Days on Market: 68 days
  • Website: https://www.raveis.com
    /prop/A11977445/5groveisledr_coconutgrove_fl?source=qrflyer
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Listing courtesy of COMPASS FLORIDA, LLC   Phone: 305-851-2820

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

5 GROVE ISLE DR, #M403, Coconut Grove, FL, 33133

$45,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $36,000 $36,000 $36,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.490% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.474% 6.640% 5.972%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $222 $227 $299
Total Monthly Payment $297 $302 $374

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.