5 Grove Isle Dr, Coconut Grove FL 33131, COCONUT GROVE, FL, 33131
Active140 days on marketListed Mar 27, 2026MLS #A11989341
About this home
5 Grove Isle Dr, Coconut Grove FL 33131
Luxurious, 2-level Penthouse with a huge rooftop and 40-ft infinity pool on private Grove Isle. Finished to perfection and offered turnkey with sophisticated Artefacto furniture, this opulent residence features beautifully appointed 7,000-SF interior plus 5,600-SF of exterior spaces. Immense living areas with 11-ft ceilings seamlessly connect with a 13-ft deep terrace capturing water and Miami skyline views. Sleek Molteni kitchen opens to formal dining area, while elegant spiral stairs take you to a second level, entertainment-scale indoors and rooftop. Exquisite primary suite with lavish marble bath and 2 closets, dedicated elevator, Crestron control, Lutron lighting, Barausse doors. VITA at Grove Isle is a waterfront sanctuary developed Ugo Colombo, located moments to Coconut Grove.
Facts & features
The home at a glance
4
Bedrooms
5.5
Bathrooms
7,027
Sqft
2
Garage
2026
Year built
$3,344
Per sqft
Inside
Outside & construction
Community & fees
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.
$148,295 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
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
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$169,837/mo
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.
$/sqft vs Coconut Grove actives
$3,344 vs $1,543
Days on market
140 vs 87 typical
Where $3,344/sqft sits among the 39 Coconut Grove actives
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
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
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Coconut Grove 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 8368% above the COCONUT GROVE 33131 median. See the full Coconut Grove market guide →
Paper trail
This home's history
Reality check
What actually sold near 5 Grove Isle Dr
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Mar ’26$9,400,000
5 Grove Isle Dr. # M401, Coconut Grove FL 33133 · same community
4 bd · 4.5 ba · 3,904 sqft · $2,408/sqft · 15 DOM
Sold · Apr ’26$6,500,000
5 Grove Isle Drive # S502, Coconut Grove FL 33133 · same community
3 bd · 3.5 ba · 2,622 sqft · $2,479/sqft · 131 DOM
Sold · Jan ’26$13,625,000
2627 S Bayshore Dr # 3101, Miami FL 33133
5 bd · 7.5 ba · 6,920 sqft · $1,969/sqft · 12 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.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 5 Grove Isle Dr — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5 Grove Isle Dr — 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.
Straight answers
5 Grove Isle Dr FAQs
What would the monthly payment be for 5 Grove Isle Dr, Coconut Grove FL 33131?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $148,295/mo — principal and interest, estimated property taxes, the $12,518/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 Dr, Coconut Grove FL 33131?+
The association fee works out to $12,518 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 Dr, Coconut Grove FL 33131?+
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 Dr, Coconut Grove FL 33131?+
The listing reports pets: Restrictions Or Possible Restrictions. 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 $23,500,000, this home is listed about 556% 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 Dr, Coconut Grove FL 33131?+
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
Four things that matter here
01Positioned at the premium end
$23,500,000 runs 8368% above the COCONUT GROVE 33131 median — but at 7,027 sqft it's also nearly 3 times the size of the typical Coconut Grove listing.
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 $12,518/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
04Strong 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.
Keep looking
Similar homes nearby
Listing courtesy of BHHS EWM Realty · Nelson Gonzalez PA. MLS #A11989341.
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®.
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