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Location

5 Grove Isle Dr #L506, Coconut Grove, FL 33133, USA|Northeast Coconut Grove

Tour 5 Grove Isle Dr #L506

Contact

Monica Slodarz

Compass Florida LLC

(844) 334-1230 ext. 3822

Amenities for 5 Grove Isle Dr #L506, Northeast Coconut Grove

Apartment Amenities

Central Air

Building

ElevatorFitness Center

Grounds

Garage ParkingSwimming Pool

Services

Concierge Service
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property
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About 5 Grove Isle Dr #L506

HomeApartments in MiamiNortheast Coconut Grove 5 Grove Isle Dr #L506, Coconut Grove, FL 33133, USA

Property Status: Active Experience elevated island living at Vita at Grove Isle, one of Miami’s most exclusive new waterfront addresses. Residence L506 offers a rare opportunity to live within a private 20-acre island enclave just minutes from the vibrant village of Coconut Grove. This brand-new residence features expansive light-filled interiors with soaring ceilings and floor-to-ceiling glass that capture breathtaking water views and abundant natural light throughout the day. A private elevator opens directly into the home, creating a sense of privacy and exclusivity. The open-concept layout seamlessly connects the living and dining areas to generous terraces, perfect for indoor-outdoor living while enjoying tranquil bay views. Molteni Kitchen cabinetry, premium integrated appliances, and refined stone finishes. The spacious primary suite offers a serene retreat with a spa-inspired bathroom and elegant finishes. Residents enjoy boutique-style living with a limited number of residences and access to world-class amenities including concierge service, waterfront pool, wellness and fitness facilities, and membership opportunities at the Club featuring tennis, padel, marina access, and waterfront dining. Set within lush tropical landscaping and surrounded by water, yet moments from Coconut Grove’s renowned restaurants, marinas, and boutiques, Residence L506 offers the perfect balance of privacy, luxury, and convenience. Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Source: Miami REALTORS®|MLS Listing No. A11979669

Go to property website

Address details

NeighborhoodNortheast Coconut Grove
Zip code33133
TypeCondo for rent

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Rent trends in Northeast Coconut Grove

3-bedroom apartments at 5 Grove Isle Dr #L506 cost about 233% more than the average rent price for 3-bedroom apartments in Northeast Coconut Grove.

Median rents as of Mar 14 2026.
Northeast Coconut Grove
Miami
A table of 3-bedroom apartment rental data trends in Miami
MonthMedian Rent
March 2024$4,225
April 2024$4,523
May 2024$4,699
June 2024$5,000
July 2024$4,887
August 2024$4,910
September 2024$4,722
October 2024$4,237
November 2024$4,100
December 2024$4,500
January 2025$5,499
February 2025$4,750
March 2025$4,077
April 2025$4,212
May 2025$4,158
June 2025$4,200
July 2025$4,582
August 2025$5,375
September 2025$4,500
October 2025$4,357
November 2025$4,430
December 2025$4,223
January 2026$3,995
February 2026$3,901
March 2026$3,925
A table of 3-bedroom apartment rental data trends in Northeast Coconut Grove
MonthMedian Rent
March 2024$6,750
April 2024$6,893
May 2024$7,833
June 2024$8,210
July 2024$9,100
August 2024$9,500
September 2024$9,500
October 2024$9,262
November 2024$9,860
December 2024$10,050
January 2025$11,437
February 2025$12,000
March 2025$11,820
April 2025$9,800
May 2025$10,360
June 2025$10,568
July 2025$10,360
August 2025$10,535
September 2025$10,290
October 2025$10,221
November 2025$10,950
December 2025$10,750
January 2026$11,857
February 2026$12,764
March 2026$10,375

Affordability calculator

Can I afford to live at 5 Grove Isle Dr #L506?

Bedrooms

3 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$1,400,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $1,400,000 annually to afford this 3-bedrooms monthly rent price of $35,000.
For more information on rent affordability, visit our rent calculator.

Schools near 5 Grove Isle Dr #L506

United Way Center for Excellence in Early Education Demonstration School

3250 sw 3rd ave

miami, FL, 33129

PKPublic

Coconut Grove Elementary School

3351 matilda st

coconut grove, FL, 33133

PK, K-5Public
A

Miccosukee Indian School

mile marker 70 tamiami trail

miami, FL, 33194

K-12Public

Chapman Partnership North Early Childhood Center

1550 n miami ave

miami, FL, 33136

PKPublic

Miami-Dade Virtual High School Franchise

1501 ne 2nd ave

miami, FL, 33132

K-12Public
B
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Internet available near 5 Grove Isle Dr #L506

Neighborhood

Northeast Coconut Grove | Miami, FL

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Coconut Grove near 5 Grove Isle Dr #L506

Walking

6/10
Some shops and stores are within a few minutes.

Driving

8/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

6/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

5/10
Frequent public transit options are within walking distance.

Points of interest for 5 Grove Isle Dr #L506, Coconut Grove

Groceries

4/10
At least one supermarket within a 20-minute walk

Shopping

7/10
Several shops within a few minutes’ walk

Cafes

4/10
Some cafés within walking distance

Restaurants

7/10
Variety of restaurants within a few minutes' walk

Primary schools

2/10
At least one elementary school within a 30-minute walk

High schools

5/10
At least one high school within a 20-minute walk

Nightlife

3/10
Some bars within walking distance

Explore the area around 5 Grove Isle Dr #L506

Newman PR
2140 S Dixie Hwy
The Fresh Market
2640 S Bayshore Dr
Fresco Y Mas
1525 Coral Way
Sprouts Farmers Market
2750 SW 27th Ter
Publix
2270 SW 27th Ave

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