Grove Isle Homes for Sale in Coconut Grove
Know Grove Isle before you buy there: what homes sell for, what they cost to own and how to make the right offer.
A guard-gated private island in Biscayne Bay. Every home currently for sale in Grove Isle, Coconut Grove, straight from BeachesMLS and updated throughout the day.
Grove Isle is a private island of about 20 acres in Biscayne Bay off the Coconut Grove shore, entered through a staffed gatehouse. It holds the original Grove Isle condominium, built around 1980, and Vita at Grove Isle, a boutique building of 65 bayfront residences by Ugo Colombo's CMC Group whose first homes were delivered in December 2025, with views over the bay, the Grove and the Brickell skyline. Slips at Grove Isle Marina are bought and sold separately from some residences, so confirm whether a slip comes with the home, its lift and boat-length limits, the marina fee, the association fees and the reserves before you offer.
Grove Isle Market at a Glance
Updated November 8, 2026 from BeachesMLS: homes and condos in Grove Isle, Coconut Grove.
| Active listings | 10 |
|---|---|
| Median list price | $8,925,000 |
| Median list price per sq ft | $2,535/sq ft |
| Average days on market | 162 days |
| Sold in the last 180 days | 2 |
| Median sold price (180 days) | $5,685,000 |
| Median sold price per sq ft | $1,504/sq ft |
| Average days to sell | 201 days |
| Sale price as % of list price | 98.7% |
| Months of inventory | 30 months |
| Median sold price vs. a year ago | +275.9% |
Source: BeachesMLS, listings whose subdivision or remarks name Grove Isle. Sold figures cover closings in the last 180 days, compared with the same 180 days one year earlier. Not an appraisal.
10 listings, newest first.
The 10 listings on this page run from $1,699,000 to $23,500,000, with a median of $8,925,000, about $2,535 per square foot, and they have been listed a median of 146 days.
The communities with the most listings here are Vita at Grove Isle (6), Grove Isle (2) and Vita Grove Isle (2), which is every one of them. All of them are condos. Bedrooms run from 2 to 4, a median of 4; they were built between 1980 and 2026, a median of 2025, and 8 in the last ten years. 3 of the 10 have a pool, and 10 are on the water. They sit in 2 ZIP codes: 33131 and 33133.
$8,350,000
5 Grove Isle Drive S203, Coconut Grove FL 33133
4 bd · 4.5 ba · 3,834 sq ft · Condominium
$9,500,000
5 Grove Isle Drive M204, Coconut Grove FL 33133
4 bd · 4.5 ba · 3,610 sq ft · Condominium
$10,000,000
5 Grove Isle Drive M301, Coconut Grove FL 33133
4 bd · 4.5 ba · 3,798 sq ft · Condominium
$3,250,000
2 Grove Isle Drive B1109, Coconut Grove FL 33133
3 bd · 2.5 ba · 2,614 sq ft · Condominium
$5,600,000
5 Grove Isle S301, Coconut Grove FL 33133
3 bd · 3.5 ba · 2,433 sq ft · Condominium
$1,699,000
2 Grove Isle Drive B1804, Coconut Grove FL 33133
2 bd · 2 ba · 1,882 sq ft · Condominium
$6,950,000
5 Grove Isle Drive L404, Coconut Grove FL 33133
3 bd · 3.5 ba · 2,503 sq ft · Condominium
$21,300,000
5 Grove Isle Drive PH-L05, Coconut Grove FL 33133
4 bd · 5.5 ba · 7,027 sq ft · Condominium
$23,500,000
5 Grove Isle Drive PHS01, Coconut Grove FL 33131
4 bd · 5.5 ba · 7,027 sq ft · Condominium
$9,800,000
5 Grove Isle Drive S304, Coconut Grove FL 33133
4 bd · 4.5 ba · 4,019 sq ft · Condominium
Ask About These Coconut Grove Grove Isle
Tell us which of these homes you want to see, or what you are looking for that is not here, and a Coconut Grove agent replies with the homes that fit, the questions to ask about each and a time to see them. Call or text (786) 914-1017 or send the form on this page.
Homes in Grove Isle Today
10 homes are for sale in Grove Isle right now at a median asking price of $8,925,000 ($2,535 per square foot). 2 sold in the last six months at a median of $5,685,000, closing at 98.7% of the asking price after 201 days on market. With 30 months of inventory, Grove Isle is a buyer's market at the moment. These figures come from the MLS and refresh daily on this page.
What to Check Before Buying in Grove Isle
Waterfront homes in Grove Isle are priced on details a listing rarely spells out: frontage and exposure, water depth at the dock, the bridges between the dock and open water, the seawall's age and cap, the elevation and flood zone that set insurance, and any association that controls the gate, security or the private beach and dock areas. We gather those facts, and the permits for past work, for every home we show, so the price you offer reflects the water you are actually buying.
Selling a Home in Grove Isle
Buyers for a home in Grove Isle compare it with the other homes in the community first and with the rest of Coconut Grove second, so pricing starts from the closed sales inside Grove Isle that match your home's section, lot, water frontage and dockage, age and renovation. We market to the buyers who ask for Grove Isle by name, arrange private showings when discretion matters, and prepare the association and documents buyers will ask for before the first showing.
Private Consultation
Considering a home in Grove Isle, or selling one? A BreakThru broker will walk you through the community, the homes that match and the recent sales, privately. Call (786) 914-1017 or request a private consultation.
Grove Isle: Frequently Asked Questions
- How much do homes cost in Grove Isle?
- Homes in Grove Isle sold at a median of $5,685,000 over the last six months, and the 10 homes for sale today are asking a median of $8,925,000. Prices vary by section, lot and renovation, so we price every home from the closed sales that match it. These figures refresh daily from the MLS.
- What size boat can I keep at a home in Grove Isle?
- It depends on the dock, the water depth at low tide and the bridges between the home and open water, all of which change from lot to lot in Grove Isle. We confirm the dock length, the depth at mean low tide and the clearance of every bridge on the route for each home we show, so you know before you offer whether your boat, or the one you plan to buy, will fit.
- How long does it take to sell a home in Grove Isle?
- Homes that sold in Grove Isle over the last six months took 201 days on average to go under contract and closed at 98.7% of the asking price. Homes priced from the community's own recent sales sell faster; the average is pulled up by homes that started too high.
- Can I rent out a home in Grove Isle?
- The association decide. Many Coconut Grove communities set a minimum lease term, limit the number of leases a year, require tenant approval, or require an owner to hold the home for a period before leasing. We read the governing documents for the home you are considering and tell you exactly what they allow before you buy.
- What is my Grove Isle home worth?
- Request a free valuation and a BreakThru broker builds it from the closed sales inside Grove Isle that match your home's section, lot and renovation, not from a citywide median. For a listing decision we prepare a full comparative market analysis and a marketing plan built for the buyers who search for Grove Isle by name.
Get New Grove Isle Listings Before You Miss Them
Well priced homes can go under contract quickly. Leave your email on this page and BreakThru Realty sends you each new listing that matches this exact search, straight from the MLS, as it comes on the market. You can also save the search, ask about a home, schedule a showing or call an agent from this page.
Own a Home in Grove Isle?
Your buyer may already be looking in Grove Isle. BreakThru Realty works with hundreds of prequalified buyers searching for properties. We review the recent Grove Isle sales, your home's features and whether it fits what a buyer working with us has asked for, then build the plan that reaches the rest of the market if none does.
- A value range built from comparable Grove Isle, Coconut Grove sales, with the reasoning
- Whether a buyer already working with BreakThru Realty is looking for a property like yours
- The plan that reaches the rest of the market if no buyer on file fits
- An estimate of your selling costs and what you would keep after closing
- Your timing, privacy and goals, worked through before anything is listed
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