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5 Grove Isle Dr Apt L405
Condo
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$6,500,000

$2597/sqft

5 Grove Isle Dr Apt L405, Miami

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3 bd·4 ba·2,503 sqft
Built 2025Fair Isle

5 Grove Isle Dr Apt L405, Miami, FL

3 bd · 4 ba · 2,503 sqft Condo listed at $6,500,000, built in 2025 in the Fair Isle neighborhood.

About this home

Brand new & never lived in, this 3-be waterfront residence was delivered in Dec '25. Offering 2,503SF of interior plus a deep 753SF terrace, the home enjoys sweeping views of the Bay, Coconut Grove, and the Brickell skyline. The primary suite features direct water views, his&her walk-in closets, and a spa-style bath. All bedrooms are ensuite. Additional highlights include marble floors, private elevator access & a separate laundry room. Set on a 20-acre gated, private island just minutes from Coconut Grove, Vita is an exclusive collection of only 65 waterfront residences designed along the island's natural shoreline. Amenities incl concierge services, a bayfront pool w/ bar &lounge, fitness &wellness center, marina with slips, tennis, pickleball & padel courts, and a children's playground.

Property details

Price
$6,500,000
Bedrooms
3
Bathrooms
4
Interior
2,503 sqft
Price / sqft
$2597
Year built
2025
Type
Condo
Days on market
94
Est. property tax
$55,900/yr · $4,658/mo · 0.86% FL avg
HOA
$4,356/mo

Estimated monthly payment

Down payment20% ($1,300,000)
Interest rate6.75%
Principal & Interest$33,727
Property Tax$5,958
Insurance$150
Total$39,835/mo

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Location

This home is located in Miami, FL, in the South Florida area. Browse more Miami listings on the Miami market page or explore the full Miami market report.

Home Intelligence

Neighborhood (zip 33133)

Median age is 40.9; 32% hold a bachelor's degree; 52% of homes are owner-occupied; median household income is $87,924.

Median income
$87,924
Median age
40.9
Owner-occupied
51.7%
Bachelor's degree
32.4%
Census median home value
$825,100

Source: US Census Bureau American Community Survey 5-year estimates.

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