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5 Grove Isle Dr # L501, Miami FL 33133

Condo/Co-op For Sale
$7,900,000

BTC: 123.43750000

ETH: 4,524.62772050

131 days
Waterfront
3 bds
3 ba
3,246 sqft

Overview

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.

Location

Florida • Miami • 33133 • Condo/Co-op • For Sale • Waterfront

Details

Type:
Residential
Parking:
Covered / Valet / No Trucks/Trailers
Year Built:
2025
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$2,434
Cooling:
Central Air / Electric
HOA:
$5,648

Valuation

Our model vs. what's actually selling nearby.
Estimate
$5,372,500
$4.9M – $7.8M
Confidence Low
List vs. estimate
$2.5M above estimate
List $7,900,000 · +47.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$2,433
+331.4% vs. city median $564
Based on
8 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $2.0M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

HOA
$5,648/mo
Pool
Private
View
Bay, Skyline
Waterfront
Yes
Pets
Restrictions Or Possible Restrictions
All facts and features

  • Flooring

    • Other

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Electric

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Ice Maker

    • Microwave

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • Lobby

    • Cooking Island

    • Entrance Foyer

    • Other

    • Walk-In Closet(s)

    • Den/Library/Office

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Bathrooms: 1

    • Full bathrooms: 3

  • Parking

    • Covered

    • Valet

    • No Trucks/Trailers

    Property

    • Pool Private: Yes

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 01-41-14-000-0501

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $5,648

    • HOA Frequency: Monthly

  • Source details

    • MLS ID: A11951891

    Other facts

    • Construction Materials: Concrete Block Construction / CBS Construction

    • Patio And Porch Features: Open Balcony

    • Window Features: Clear Impact Glass / High Impact Windows / Sliding

    • Architectural Style: High Rise

    • Waterfront: Yes

    • Living Area: 3246

    • Subdivision Name: Vita Grove Isle,LUCE 501

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33133
359
median $2.0M
Active
Same city
Miami
12,162
median $650K
Active
Same type
Condo/Co-op
6,436
median $499K
Active
Similar price
$5.5M – $10.3M
359
median $7.1M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Cervera Real Estate Inc.