David Ramirez
$5,795,000$6,000,0003 bd3.5 ba2,433 sqft$2,382 /sqft$37,816 /mo all-in ↓

5 Grove Isle # S301, Coconut Grove FL 33133, COCONUT GROVE, FL, 33133

Active208 days on marketListed Jan 22, 2026MLS #A11951151

Reduced $205KNew constructionWaterfrontCondominiumVita Grove Isle

About this home

5 Grove Isle # S301, Coconut Grove FL 33133

Brand new and delivered in December 2025, this exceptional 3-bedroom waterfront residence offers 2,433 SF of refined interior living complemented by a deep 740 SF terrace. Expansive views span the Bay, Coconut Grove and the Brickell skyline. The primary suite features direct water views, dual walk-in closets and a spa-style bath. All bedrooms are en-suite. Additional highlights include marble flooring, private elevator access, a dedicated laundry room, and one assigned parking space (PG S-15). Set on a 20-acre gated private island minutes from Coconut Grove, Vita is an exclusive collection of only 65 waterfront residences offering concierge services, a bayfront pool with bar and lounge, fitness and wellness center, marina slips, tennis, pickleball and padel courts, and a children’s playground.

Facts & features

The home at a glance

3

Bedrooms

3.5

Bathrooms

2,433

Sqft

1

Garage

2025

Year built

$2,382

Per sqft

WaterfrontBay view

Inside

FlooringMarble
AppliancesDryer · Washer
InteriorFirst Floor Entry
CoolingCentral Air
HeatingCentral

Outside & construction

ConstructionCBS Construction
ViewBay
Parking1 Space · Assigned · Valet
ExteriorOpen Balcony

Community & fees

HOA fee$4,213/mo
Taxes (2025)$0/yr
PetsNo

Utilities & systems

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.

$37,816 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$31,270
PMI (est., until 20% equity)$2,173
Property tax — 2025 actual bill$0
Condo fee — from the listing$4,213
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $579,500Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $579,500
Interest rate6.00%
Loan term

Estimated payment

$43,128/mo

Principal & interest$31,270
PMI (est., until 20% equity)$2,173
Est. property taxes$5,312
HOA / condo fee$4,213
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

List $5.8M
$1.5MedgeAI estimate $2,187,143 · range $1.6M$2.7M$6.0M

vs edgeAI estimate

+165%

$/sqft vs Coconut Grove actives

$2,382 vs $1,543

Days on market

208 vs 87 typical

Where $2,382/sqft sits among the 39 Coconut Grove actives

11
10
4
5
4 · this home
5
$895–1251$1251–1607$1607–1963$1963–2319$2319–2675$2675+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Fair Isle

Map of 5 Grove Isle # S301, Coconut Grove FL 33133 inside its neighborhood boundary

Get to know Coconut Grove. See the full Coconut Grove guide →

Fair Isle — neighborhood snapshot

Population

635

Median age

57

Median income

$210,278

Median home value

$1,415,800

Avg household

2

Households w/ children

56%

For the school run

Dade County School District

ElementaryCoconut Grove Elementary School★★★★★
HighCoral Gables Senior High School★★★★★
MiddlePonce De Leon Middle School★★★★★
District Instructional Center (Dic)
Instructional Center System Wide
Title I Migrant Education Program

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Coconut Grove market

Seller’s marketBalanced6.6 months of inventoryBuyer’s market

$1.4M$8.8M

Coconut Grove median sold, yr/yr

94.1%

Sale-to-list ratio (12 mo)

0 of 39

Coconut Grove actives have cut their price

This home is listed 746% above the COCONUT GROVE 33133 median. See the full Coconut Grove market guide →

Paper trail

This home's history

CurrentPrice reduced to $5,795,000 $205K
Jan 22, 2026Listed at $6,000,000 · 208 days on market since
2025Built · Vita Grove Isle

Reality check

What actually sold near 5 Grove Isle # S301

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

5 Grove Isle Dr # S04, Miami FL 33133Sold · Feb ’26

$19,800,000

5 Grove Isle Dr # S04, Miami FL 33133 · same community

4 bd · 5.5 ba · 5,885 sqft · $3,364/sqft · 232 DOM

2901 S Bayshore Dr, Miami FL 33133Sold · Mar ’26

$2,550,000

2901 S Bayshore Dr, Miami FL 33133

3 bd · 3.5 ba · 2,403 sqft · $1,061/sqft · 238 DOM

2821 S Bayshore Dr # 6B, Miami FL 33133Sold · Jul ’26

$5,300,000

2821 S Bayshore Dr # 6B, Miami FL 33133

4 bd · 3.5 ba · 2,532 sqft · $2,093/sqft · 82 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 5 Grove Isle # S301 — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 5 Grove Isle # S301 — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to David's phone and CRM.

By checking this box, I agree that CENTURY 21 Edge and my agent may call and text me — including by automated means and prerecorded or artificial voice — at any phone number I provide, about my inquiry and the services provided to me, and that calls with CENTURY 21 Edge are recorded. Consent is not a condition of buying or selling a home. Message and data rates may apply. Message frequency may vary. Reply STOP to opt out or HELP for help. See our Privacy Policy, Terms of Use and SMS Terms.

By checking this box, I agree that CENTURY 21 Edge and my agent may send me marketing and promotional text messages — including new listings, market updates, open houses and home value reports — at the phone number I provide, including by automated means. Consent is not a condition of buying or selling a home. Message and data rates may apply. Message frequency may vary. Reply STOP to opt out or HELP for help. See our Privacy Policy, Terms of Use and SMS Terms.

Goes straight to David’s phone and CRM.

Straight answers

5 Grove Isle # S301 FAQs

What would the monthly payment be for 5 Grove Isle # S301, Coconut Grove FL 33133?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $37,816/mo — principal and interest, estimated property taxes, the $4,213/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

How much are the HOA fees at 5 Grove Isle # S301, Coconut Grove FL 33133?+

The association fee works out to $4,213 per month. Ask us for the full association documents — they spell out exactly what the fee covers.

What are the property taxes on 5 Grove Isle # S301, Coconut Grove FL 33133?+

The most recent tax bill on record (2025) was $0. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at 5 Grove Isle # S301, Coconut Grove FL 33133?+

The listing reports pets: No. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in Coconut Grove?+

At $5,795,000, this home is listed about 62% above the Coconut Grove median of $3,581,200. The market section on this page shows how the area is trending.

Which schools are assigned to 5 Grove Isle # S301, Coconut Grove FL 33133?+

Coconut Grove Elementary School (elementary), Coral Gables Senior High School (high), Ponce De Leon Middle School (middle), District Instructional Center (Dic) (), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.

The brief

Five things that matter here

01Positioned at the premium end

$5,795,000 runs 746% above the COCONUT GROVE 33133 median.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03Know the monthly fee

The association fee is $4,213/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.

04Time on market is leverage

208 days on market against a Coconut Grove median of 87 — sellers in this position are usually ready to negotiate.

05Strong assigned schools

Coconut Grove Elementary School, Coral Gables Senior High School, Ponce De Leon Middle School, District Instructional Center (Dic), Instructional Center System Wide, Title I Migrant Education Program — Coconut Grove Elementary School rates 5 of 5. Always verify assignments with the district.

Listing courtesy of Douglas Elliman · David Siddons. MLS #A11951151.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.

Never miss a listing

New Coconut Grove homes, in your inbox

Like 5 Grove Isle # S301, Coconut Grove FL 33133 but not quite? A daily digest of every new listing in Coconut Grove — straight from the MLS, hours after it goes live. Unsubscribe anytime.

Just watching this one home? Ask David to ping you on any price or status change →

CENTURY 21 Edge
© 2026 CENTURY 21® and the CENTURY 21 Logo are registered service marks owned by Century 21 Real Estate LLC. Sunseria Real Estate Group LLC d/b/a CENTURY 21 Edge fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with, or related to Century 21 Real Estate LLC nor any of its affiliated companies.

MLS® Disclaimers

Stellar MLS / MFRMLSCopyright © MFRMLS.com. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated August 18, 2026 at 10:05 AM UTC. The listing information on this page last changed on August 18, 2026 at 10:05 AM UTC. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MFR MLS. Updated on August 18, 2026 at 10:05 AM UTC.

StellarMLS DMCA Notice: The Digital Millennium Copyright Act of 1998, 17 U.S.C. §512, the DMCA, provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owners behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Southeast Florida MLSCopyright Southeast Florida Multiple Listing Service © 2026. 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, is a violation of the terms of use, and may violate federal and state law. Data Last Updated: August 18, 2026 at 10:05 AM UTC.

Space Coast AORThese listings are provided by the IDX Program of Brevard County, Florida. Real Estate listings held by brokerage firms other than CENTURY 21 Edge Central Florida are marked with the IDX Logo and detailed information about them includes the name of the listing brokers. IDX information is provided exclusively for consumers'' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

Beaches MLSAll information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer''s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.