How do I schedule a tour of 5 Grove Isle Drive L501, Miami, FL 33133?

Use the Tour button on this listing to request a showing of 5 Grove Isle Drive L501, Miami, FL 33133. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.

Is 5 Grove Isle Drive L501, Miami, FL 33133 still available?

5 Grove Isle Drive L501, Miami, FL 33133 is currently listed as Active, and has been on the market 243 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.

How much is the monthly payment for 5 Grove Isle Drive L501, Miami, FL 33133?

With 20% down ($1,580,000) on the $7,900,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5 Grove Isle Drive L501, Miami, FL 33133 is about $41,518/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.

How do I get pre-approved to buy 5 Grove Isle Drive L501, Miami, FL 33133?

Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5 Grove Isle Drive L501, Miami, FL 33133. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.

Does 5 Grove Isle Drive L501, Miami, FL 33133 have an HOA fee?

Yes: 5 Grove Isle Drive L501, Miami, FL 33133 carries an HOA fee of about $5,648 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.

What schools serve 5 Grove Isle Drive L501, Miami, FL 33133?

5 Grove Isle Drive L501, Miami, FL 33133 is zoned for Key Biscayne K-8 (elementary), Ponce De Leon (middle), Coral Gables (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.

Can I negotiate the price of 5 Grove Isle Drive L501, Miami, FL 33133?

Often, yes. The right offer on 5 Grove Isle Drive L501, Miami, FL 33133 depends on how it's priced against comparable condo sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Active

243 Days on Market

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All Listings

$7,900,000

5 Grove Isle Drive L501

Miami, FL 33133

Vita Grove Isle

Explore the area: Miami homes for sale · Miami Dade County real estate

Price Check

How this price compares

List price: $7,900,000
Price per sq ft: $2,434
Original price: Unchanged
Days on market: 243

This 3-bedroom condo in ZIP 33133 is listed at $7,900,000, or $2,434 per square foot. It has been on the market for 243 days.

Bedrooms

Bathrooms

3,246

Living Sq Ft

2025

Year Built

Estimated monthly payment

$41,518 /mo

Principal and interest only, based on $1,580,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $5,648/mo HOA are not included.

Customize this estimate

Listing Snapshot

Price: $7,900,000
Days on Site: 243 Days
Bedrooms: 3
Total Baths: 4
Full Baths: 3
Partial Baths: 1
Living Area: 3,246 sqft
Total Sq Ft: 4,167 sqft
Year Built: 2025
Property Type: Condo
MLS #: A11951891
HOA Fees: $5,648 / Monthly
Subdivision: Vita Grove Isle
Development: LUCE 501
County: Miami Dade
Status: Active
Special Conditions: Listed As Is

About This Property

Coconut Grove Brand new never lived in before. Rare 3 bedroom + Den Luce 501 at VITA at Grove Isle is an exceptional waterfront residence in an exclusive enclave of just 65 luxurious condominiums, located on a private island. The residence is ample natural light through expansive floor-to-ceiling windows and features 10-foot ceilings that frame breathtaking, panoramic views of Biscayne Bay. The residence also offers generous private outdoor spaces, ideal for both serene relaxation and elegant entertaining. Residents will enjoy an extensive array of amenities, including a clubhouse, fine dining restaurant, tennis courts, pickleball, padel, and much more. Luce 501 at VITA at Grove Isle exemplifies sophistication, elegance, and the ultimate in waterfront living. Residence comes with 2 Valet Parking.

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General Features

Property Type: Condo
Status: Active
Year Built: 2025
Property Condition: New Construction
New Construction: Yes
Number of Stories: 7
Garage Spaces: 0
Parking: Covered / Valet
Living Sq Ft: 3,246
Total Sq Ft: 4,167

Interior Features

Appliances: Dryer / Dishwasher / Electric Range / Disposal / Ice Maker / Microwave / Refrigerator / Washer
Cooling: Central Air / Electric
Heating: Central / Electric
Flooring: Other
Interior Features: Bedroom On Main Level / Dual Sinks / Entrance Foyer / Kitchen Island / Living Dining Room / Other / Walk In Closets / Bar
Windows: Sliding

Exterior Features

Construction: Block
Exterior Features: Balcony / Lighting / Outdoor Living Area
Private Pool: Yes
Pool Features: Private / Association / Heated
Patio & Porch: Open / Balcony
Waterfront: Yes
Waterfront Features: Bayfront / Other
View: Bay / Skyline / Water

Community & HOA

HOA Fee: $5,648 / Monthly
HOA Includes: Common Areas / Maintenance Grounds / Maintenance Structure / Pools / Security
Association Amenities: Business Center / Cabana / Clubhouse / Fitness Center / Maintenance Grounds / Other / Pool / Spa Hot Tub
Security: Security System / Fire Alarm / Key Card Entry / Other
Pets Allowed: Pet Restrictions / Yes
Financing Terms: Cash / Conventional
Restrictions: No Truck / No Trailer Parking / Ok To Lease
MLS Area: 2410

This home's HOA fee works out to $5,648 a month, in line with the $5,648 median across 5 homes for sale in this community. See the community's HOA fees

Schools

Elementary School: Key Biscayne K-8
Middle School: Ponce De Leon
High School: Coral Gables

About the Community

Vita Grove Isle

View Community Details →

Vita Grove Isle is a luxury waterfront, luxury community in Miami, Miami-Dade County, Florida. Properties are priced from $6,500,000 to $9,000,000. Pure Equity lists homes in Vita Grove Isle and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Homes for Sale: 5
Median List Price: $7,900,000
Median $/Sq Ft: $2,477
Avg Days on Market: 174

View all 5 homes for sale in Vita Grove Isle →

Frequently Asked Questions

How do I schedule a tour of 5 Grove Isle Drive L501, Miami, FL 33133?: Use the Tour button on this listing to request a showing of 5 Grove Isle Drive L501, Miami, FL 33133. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 5 Grove Isle Drive L501, Miami, FL 33133 still available?: 5 Grove Isle Drive L501, Miami, FL 33133 is currently listed as Active, and has been on the market 243 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 5 Grove Isle Drive L501, Miami, FL 33133?: With 20% down ($1,580,000) on the $7,900,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5 Grove Isle Drive L501, Miami, FL 33133 is about $41,518/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 5 Grove Isle Drive L501, Miami, FL 33133?: Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5 Grove Isle Drive L501, Miami, FL 33133. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 5 Grove Isle Drive L501, Miami, FL 33133 have an HOA fee?: Yes: 5 Grove Isle Drive L501, Miami, FL 33133 carries an HOA fee of about $5,648 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 5 Grove Isle Drive L501, Miami, FL 33133?: 5 Grove Isle Drive L501, Miami, FL 33133 is zoned for Key Biscayne K-8 (elementary), Ponce De Leon (middle), Coral Gables (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 5 Grove Isle Drive L501, Miami, FL 33133?: Often, yes. The right offer on 5 Grove Isle Drive L501, Miami, FL 33133 depends on how it's priced against comparable condo sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Cervera Real Estate Inc.

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.

$7,900,000

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Listed by Alexandra Goeseke, Cervera Real Estate Inc.

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Recently sold homes in ZIP 33133

These are the last 6 recorded closings in ZIP 33133, with the price each home actually sold for rather than what it was listed at. They closed at a median of $1,243 per square foot. The most recent closed on September 30, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.