Vita at Grove Isle Location & Neighborhood
5 Grove Isle Drive, Coconut Grove, FL 33133
The Neighborhood
What's within reach.
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Coconut Grove Village Restaurants, shopping, CocoWalk0.7 mi
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Coral Reef Yacht Club Historic Coconut Grove yacht club0.6 mi
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Regatta Park Bayfront park & events0.5 mi
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Brickell Miami's financial district3.5 mi
Life at Vita at Grove Isle
Grove Isle is a private guard-gated 20-acre island just off the shores of Coconut Grove, connected to the mainland by a single 0.2-mile bridge. Vita at Grove Isle is the final and most luxurious chapter in the island's development history — 65 ultra-luxury condominiums with direct waterfront on every residence, designed for buyers who want true private-island living with the cultural and culinary access of Coconut Grove just minutes away.
Private Island Living
Grove Isle is one of the rare private-island residential addresses in Miami. The 20-acre island is guard-gated with a security-staffed gatehouse, surrounded by Biscayne Bay, and connected to the mainland by a single bridge — making it both physically secure and intimately small.
Direct Waterfront
Every Vita residence is directly on the water — a rarity in Coconut Grove where most condos sit across the street from the shoreline. Each residence has 13-foot-deep wrap-around terraces and unobstructed bay views from sunrise to sunset.
Grove Isle Racquet & Yacht Club
Vita owners receive membership to the Grove Isle Club, including the Cliff Drysdale Tennis Center with 8 clay courts, full tennis program, pro shop, waterfront resort pool deck, full-service tiki bar, bay-view restaurant, and children's activities.
Marina & Yachting
Grove Isle includes a private marina with boat slips for residents. The Coconut Grove sailing culture — international regattas, the historic Coral Reef Yacht Club, and dozens of boat charter operators — is steps from the island bridge.
Walking Path
A nearly one-mile perimeter walking path circles the island, offering residents a private waterfront promenade for runs, evening walks, or quiet reflection — without ever needing to leave the property.
Vita at Grove Isle Investment & Market Outlook
Why Coconut Grove Pre-Construction Outperforms
South Florida pre-construction has historically delivered double-digit appreciation between contract and delivery, especially in branded residences. Coconut Grove specifically has seen sustained demand from international buyers seeking US dollar-denominated real estate, tax advantages from Florida's no-income-tax structure, and currency hedging against home-market inflation.
Branded residences like Vita at Grove Isle typically command 25–35% price premiums over comparable non-branded inventory in the same submarket, and resale price retention has consistently outpaced the broader Miami condo index over the past decade.
Friends & Family Pricing
As pre-construction specialists with direct developer relationships, we offer qualified buyers access to friends-and-family pricing — typically 4–8% below current public release pricing — along with extended deposit schedules, custom unit selection, and priority on the most desirable exposures and floors.
Deposit Structure
Standard Coconut Grove pre-construction deposit structures range from 20% at contract to 50% by delivery, with milestone payments at groundbreaking, top-off, and certificate of occupancy. Vita at Grove Isle follows the Coconut Grove market standard. Our team can walk you through the full deposit schedule and any current developer incentives reducing the at-contract deposit requirement.
How to Reserve a Residence at Vita at Grove Isle
Pre-construction purchases follow a different path than resale transactions. Here's what to expect, step by step.
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01
Initial Consultation
We start with a 30-minute call to understand your goals — primary residence, investment, legacy asset — and walk you through current availability, pricing tiers, and the floor plans best suited to your needs.
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02
Floor Plan Selection & Reservation
Once you've narrowed your selection, a refundable reservation deposit (typically $25,000–$100,000) holds your residence for 14–30 days while contracts are prepared. You'll receive the full developer reservation package and the most current pricing for your specific unit.
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03
Contract & First Deposit
The purchase contract is executed with the developer, and the first deposit (typically 10–20% of the purchase price) is wired to the developer's escrow account at a Florida-licensed institution. All funds are protected under Florida pre-construction escrow law until milestones are reached.
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04
Construction Milestones
Subsequent deposits are released as construction reaches defined milestones — typically groundbreaking, top-off, and certificate of occupancy. You'll receive quarterly construction updates, photo documentation, and the option to tour the unit once interiors are roughed in.
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05
Closing & Delivery
At closing, the final balance is funded (cash or financing via approved lenders), title transfers, and you receive keys. Closing typically occurs 30–60 days after the developer issues the certificate of occupancy. Move-in coordination, designer access, and Mercedes-Benz/Bentley/Armani concierge enrollment all happen at this stage.
Vita at Grove Isle FAQs
Answers to the most common questions about Vita at Grove Isle pricing, amenities, and policies. For anything else, our team is here to help.
How much do Vita at Grove Isle condos cost?
Vita pricing currently starts at $6.5 million for three-bedroom waterfront residences (2,500 sq ft). Two-bedroom units start lower (around $2.2M originally), with four-bedrooms from $11.8M, and the signature top-floor penthouse listed at $22 million.
Is Vita complete and move-in ready?
Yes — Vita at Grove Isle was completed in Q4 2025 and offers immediate occupancy. As of recent availability, only 10 residences remain, including two duplex penthouses at approximately 7,000 sq ft each with private pools.
Who developed Vita at Grove Isle?
Vita is developed by CMC Group, led by founder Ugo Colombo — one of Miami's most acclaimed luxury developers, with a portfolio including Grovenor House and Brickell Flatiron.
How do I access Grove Isle?
Grove Isle is accessible only by the single Grove Isle Drive bridge from mainland Coconut Grove, or by boat through the building's private marina. The bridge entry includes a security-staffed gatehouse.
How many residences are at Vita?
Vita consists of 65 residences across three connected 7-story buildings named Sole, Luce, and Mare. The mix includes three- and four-bedroom layouts in the lower floors and bi-level penthouses with private rooftop pools at the top.
What's included in each residence?
Every residence features Italian-sourced materials, Italian Boffi cabinetry, Sub-Zero and Wolf appliances, 13-foot-deep terraces, integrated smart-home technology, jetted spa tubs, rain showers, custom stone bath countertops and walls, and optional air-conditioned private garages for vehicle collectors.
What are the HOA fees?
HOA fees at Vita are among the highest in Coconut Grove due to the private-island infrastructure, on-island services, and Grove Isle Club membership inclusion. Specific fee schedules are available from CMC Group sales — contact our team for current numbers.
Can I dock a yacht at Grove Isle?
Yes — Grove Isle includes its own private marina with boat slips. Slip availability and arrangements are coordinated through the marina office.
