Deposit schedule
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Coconut Grove, Miami
Vita at Grove Isle
Luxury Island Living
A Private Island Sanctuary
Where Tranquility - Meets Sophistication
Vita at Grove Isle is an exclusive collection of 65 waterfront residences on a private 20-acre island in Coconut Grove, Miami's most coveted waterfront neighborhood. Surrounded by the tranquil waters of Biscayne Bay and lush tropical landscapes, Vita offers an unparalleled lifestyle where every detail has been thoughtfully curated.
65Waterfront Residences
80 ftHeight
20Acre Private Island
6Stories
12000+SF Penthouses
Building Details
Vita at Grove Isle at a Glance
Address
Grove Isle Drive, Coconut Grove, FL 33133
Developer
CMC Group, Terra
Architect
ODP Architecture & Design
Year Completed
2025
Residences
65
Stories
6
Neighborhood
Coconut Grove
What Makes It Special
Why Buyers Choose Vita at Grove Isle
Private 20-Acre Island in Coconut Grove
Vita at Grove Isle is located on Grove Isle, a private 20-acre island in Coconut Grove connected by a private bridge. This is not a gated community on the mainland; it is an actual island with controlled access, surrounded by Biscayne Bay. The sense of separation and security is immediate. Our buyers who tour the island consistently remark that it feels nothing like the rest of Miami. With just 65 residences planned, the density is remarkably low for a waterfront development of this scale. Direct Biscayne Bay access means you are minutes from downtown Miami, Brickell, and Coral Gables while living in a setting that feels genuinely removed from the city.
CMC Group and Terra: Two Powerhouse Developers
The development partnership between CMC Group and Terra brings together two of South Florida's most respected firms. CMC Group, known for meticulous execution and design-forward projects, partners with Terra, led by David Martin, who has an extensive portfolio across Miami-Dade County. The architectural design is by ODP Architecture & Design. This dual-developer structure typically means stronger financial backing, more rigorous construction oversight, and a product that reflects the highest standards of both organizations. Buyers who have followed CMC Group's previous work understand the level of quality they deliver.
Three Distinct Residence Types with Private Rooftop Pools
Vita offers three residence collections: Sole with 2 to 3 bedrooms, Mare with 3 to 4 bedrooms, and Luce penthouses with 4 to 5+ bedrooms featuring private rooftop pools. Sizes range from 1,800 to over 12,000 square feet across just 65 residences in a 6-story building. The variety of configurations and the fact that penthouses include their own rooftop pool makes Vita feel more like a collection of private homes than a typical condominium. For buyers who want condominium convenience with the privacy and outdoor living space of a house, this format is exceptionally compelling.
Full Island Amenity Campus
The amenity program at Vita takes full advantage of the island setting. Residents enjoy a private marina, resort-style pool, residents' clubhouse and lounge, tennis courts, full-service spa, fitness center, private beach, lush tropical gardens, porte-cochere arrival, automated parking, and 24/7 concierge service. The marina is a standout feature, allowing residents to dock a boat at their home and access the open water directly. For our buyers in the boating community, that alone is a powerful draw. The Coconut Grove location adds proximity to some of Miami's best dining, shopping, and cultural attractions.
Advisor Perspective
Our Take on Vita at Grove Isle
Vita at Grove Isle is the project we recommend to buyers who tell us they want privacy, water, and a sense of place that feels nothing like a typical Miami condo tower. The development sits on Grove Isle, a private 20-acre island in Coconut Grove accessed by a private bridge. With just 65 residences across 6 stories, the density is lower than almost anything else on the market at this level.
CMC Group and Terra co-develop the project, a partnership that brings together two of South Florida's most respected firms. ODP Architecture & Design is the architect. Residences fall into three collections: Sole (2-3 bedrooms), Mare (3-4 bedrooms), and Luce penthouses (4-5+ bedrooms) with private rooftop pools. Sizes range from 1,800 to over 12,000 square feet. Pricing has not been publicly released, but the island setting, developer pedigree, and low unit count point to positioning in the upper tier of the Coconut Grove market.
The island amenities are comprehensive: private marina, resort pool, residents' clubhouse, tennis courts, full-service spa, fitness center, private beach, tropical gardens, porte-cochere arrival, and automated parking. The private marina is the standout for our boating-focused buyers. Docking your boat where you live and having direct Biscayne Bay access is a rare combination in a new-construction setting.
The honest considerations: Grove Isle is an island, which means a single access point via bridge. Some buyers find this reassuringly private; others find it inconvenient. The Coconut Grove location offers no ocean views, as this is a bay-facing property. If direct ocean access and beach living are priorities, look at Surfside or Fort Lauderdale Beach product instead.
For the buyer who values island privacy, bay views, boating access, and a neighborhood with deep roots and genuine character, Vita at Grove Isle is uniquely positioned. The combination of CMC Group and Terra developing just 65 residences on a 20-acre private island is not something the market produces often. We expect this project to attract a committed, long-term owner base.
About Vita at Grove Isle
Vita at Grove Isle is an exclusive collection of 65 waterfront residences on a private 20-acre island in Coconut Grove, Miami. Developed by CMC Group and Terra with architectural design by ODP Architecture & Design, the 6-story building offers 2 to 5+ bedroom residences ranging from 1,800 to over 12,000 square feet. The project is located on Grove Isle Drive, accessible only via a private bridge from the Coconut Grove mainland, creating a natural layer of privacy and exclusivity that few residential developments in Miami can match.
Residences are organized into three distinct collections: Sole (2-3 bedrooms), Mare (3-4 bedrooms), and Luce penthouses (4-5+ bedrooms). The Luce penthouses feature private rooftop pools, providing an outdoor living experience typically associated with single-family waterfront estates rather than condominiums. The low unit count of just 65 residences across the entire island ensures an unusually private and low-density living environment, standing in stark contrast to the high-rise towers that dominate much of Miami's luxury waterfront market.
The amenity program at Vita at Grove Isle takes full advantage of the island setting with offerings that extend well beyond the building itself. Residents have access to a private marina with direct Biscayne Bay access for boating, resort-style pool, residents' clubhouse and lounge, tennis courts, full-service spa, state-of-the-art fitness center, private beach, lush tropical gardens, porte-cochere arrival with automated parking, and 24/7 concierge service. The private marina is a particularly distinctive feature, offering residents the ability to dock their boat at home and access the open waters of Biscayne Bay and beyond directly from their address.
CMC Group is one of South Florida's most respected development firms, known for design-forward projects with meticulous attention to construction quality and material selection. Terra, founded by David Martin, is an award-winning development company with an extensive portfolio of residential and mixed-use projects across Miami-Dade County. Their partnership on Vita at Grove Isle combines the individual strengths of both organizations, bringing together CMC Group's focus on boutique luxury with Terra's proven ability to deliver at scale.
Coconut Grove is one of Miami's oldest and most established neighborhoods, celebrated for its lush tree canopy, waterfront parks including Peacock Park and Kennedy Park, boutique shopping and dining along CocoWalk, and a mature dining and cultural scene. The island location provides direct water access while remaining minutes from downtown Miami, Brickell, Coral Gables, and major transportation corridors. For buyers seeking private island living with resort-caliber amenities in one of Miami's most coveted neighborhoods, Vita at Grove Isle presents a rare opportunity that the market seldom produces. Contact our advisory team for pricing, floor plans, and availability.
Explore Miami pre-construction developments or view Billionaires' Beach Miami. For international buyers, see our Miami guide for foreign purchasers.
The Residences
Unparalleled Living
Pricing
Residence Collection
Two Bedroom
2 BR
1,800–2,400 SF
From $3M
Three Bedroom
3 BR
2,400–3,200 SF
From $4.5M
Four Bedroom
4 BR
3,200–4,500 SF
From $7M
Penthouse
4–5 BR
5,000+ SF
From $12M
Residences from $3,000,000
Amenities
Amenities & Services
Amenities
- Private Marina & Dock
- Resort-Style Residents' Pool
- Residents' Clubhouse & Lounge
- State-of-the-Art Fitness Center
- Full-Service Spa & Wellness
- Tennis Courts
- Tropical Gardens & Walking Paths
- Private Beach
- Automated Parking
- Porte-Cochere Arrival Experience
- 24/7 Concierge & Security
- Children's Playroom
Design & Architecture
The Visionaries
CMC Group
Developer
Terra
Co-Developer
ODP Architecture & Design
Architecture
Douglas Elliman
Sales & Marketing
Location
Your Own — Private Island
Grove Isle is a secluded 20-acre island in Coconut Grove, Miami's oldest and most charming neighborhood, connected by a private bridge. Surrounded by the sparkling waters of Biscayne Bay, residents enjoy an unmatched sense of privacy and exclusivity while remaining minutes from Brickell, downtown Miami, Coral Gables, and Key Biscayne.
FAQ
Frequently Asked Questions
What is Vita at Grove Isle?
Vita at Grove Isle is an exclusive collection of 65 luxury waterfront residences on a private 20-acre island in Coconut Grove, Miami. Developed by CMC Group (Ugo Colombo), the six-story building offers 2 to 5+ bedroom residences ranging from 1,800 to over 12,000 square feet.
Who is developing Vita at Grove Isle?
Vita is developed by CMC Group, one of South Florida's most respected development firms, led by Ugo Colombo. Architecture is by CallisonRTKL Architecture & Design. Sales and marketing are handled by Douglas Elliman Development Marketing.
What are the residence types?
Vita offers three collections: Sole (2-3 bedrooms, starting around 1,800 SF), Mare (3-4 bedrooms, larger floorplans), and Luce penthouses (4-5+ bedrooms, up to 12,000+ SF with private rooftop terraces and plunge pools).
What amenities are available?
Amenities include a private marina and dock, resort-style residents' pool, clubhouse and lounge, state-of-the-art fitness center, full-service spa, tennis courts, tropical gardens, private beach, automated parking, porte-cochere arrival, and 24/7 concierge and security.
Where is Vita at Grove Isle located?
Vita is located on Grove Isle, a private 20-acre island in Coconut Grove, Miami's oldest and most charming neighborhood. The island is connected by a private bridge and surrounded by Biscayne Bay, minutes from Brickell, downtown Miami, and Coral Gables.
What is Coconut Grove like?
Coconut Grove is Miami's oldest neighborhood, known for its lush tropical canopy, waterfront parks, boutique shopping, world-class dining, and cultural institutions like the Vizcaya Museum and CocoWalk. It offers a relaxed village atmosphere within minutes of Miami's urban core.
Does Vita have a marina?
Yes. Vita at Grove Isle features a private marina and dock, providing residents with direct access to Biscayne Bay for boating, fishing, and watersports. The marina is exclusively available to Vita residents.
What are the interior finishes?
Residences feature Italian-crafted kitchens, natural stone surfaces, floor-to-ceiling windows, premium European fixtures, and smart home technology. Two curated palettes - light and dark - are available, along with private elevator access in select residences.
What are the starting prices at Vita at Grove Isle?
Vita at Grove Isle residences start from approximately $3.4 million for two-bedroom layouts, with larger three- and four-bedroom residences and penthouses priced higher based on size, floor level, and water views. Contact Manhattan Miami for the full current price list and availability.
When is Vita at Grove Isle expected to be completed?
Vita at Grove Isle is anticipated to be completed in 2026. The project is being developed by CMC Group, led by renowned Miami developer Ugo Colombo, known for iconic projects like Bristol Tower, Epic Residences, and Brickell Flatiron.
Can foreign buyers purchase at Vita at Grove Isle?
Yes, foreign nationals can purchase at Vita at Grove Isle with no restrictions. Miami is one of the most international real estate markets in the world, and the developer welcomes overseas buyers. Financing options may vary for non-U.S. residents, but all-cash purchases are straightforward.
What makes Vita at Grove Isle different from other Coconut Grove developments?
Vita at Grove Isle stands apart as the only new construction on Grove Isle - a private, gated 80-acre island in Biscayne Bay accessible via a single bridge. The island setting provides unmatched privacy, waterfront views from nearly every residence, and a resort-like atmosphere that mainland Coconut Grove developments cannot replicate.
What are the views like at Vita at Grove Isle?
Residences at Vita at Grove Isle enjoy sweeping panoramic views of Biscayne Bay, the Miami skyline, Key Biscayne, and lush tropical landscaping. The island's position in the bay means most units have unobstructed water views, with upper floors offering dramatic sunset views over Coconut Grove and downtown Miami.
What is the deposit structure for Vita at Grove Isle?
The deposit structure for Vita at Grove Isle typically follows a phased schedule common in Miami pre-construction: an initial deposit at contract signing, followed by additional milestone payments during construction, with the balance due at closing. Contact Manhattan Miami for the exact current deposit schedule and any developer incentives.
Is Vita at Grove Isle a good investment?
Vita at Grove Isle offers strong investment potential due to its irreplaceable island location - no new land can be developed on Grove Isle, making it one of Miami's most supply-constrained luxury addresses. Coconut Grove has seen consistent price appreciation, and the combination of CMC Group's development quality, private marina access, and the gated island setting positions Vita as a trophy asset with long-term value.
Get in Touch
Private Availability at Vita at Grove Isle
For current availability, pricing history, floor plans, and off-market opportunities at Vita at Grove Isle, request a confidential review with our advisory team.
Address
Grove Isle Drive, Coconut Grove, FL 33133
Phone
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Miami Real Estate Market Intelligence
Market Context: The Miami-to-Northeast and Miami-to-California migration has converted from pandemic-era spike to structural relocation. Miami’s millionaire population grew approximately 78% between 2013 and 2023. Geographic constraint is binding: ocean, bay, and Everglades pin supply. December 2025 medians: Miami Beach condo $620K, Brickell condo $580K. Luxury condominium price per sq ft: $1,200-$3,500+, extending to $2,000-$4,500+ on Fisher Island and $1,800-$4,000+ at South of Fifth.
Value submarkets: Brickell ($600-$1,500/SF), Edgewater ($700-$1,200/SF), Downtown Miami ($600-$2,000/SF). Trophy submarkets: Fisher Island, Sunny Isles Beach ($1,500-$3,500/SF, dense branded-residence inventory), South of Fifth. Branded benchmarks include Four Seasons Surf Club ($2,200-$3,500/SF), St. Regis Sunny Isles ($1,800-$2,800/SF), and Porsche Design Tower ($1,600-$2,400/SF). Miami now carries more hotel-branded residences than any other Western Hemisphere city.
Structural inputs compound: no state income tax (vs. 10.9% NY, 13.3% CA), no estate tax, 78% decade millionaire growth, and construction-cost inflation. Current pre-construction inventory was financed and broken ground before 20-50% tariffs landed on steel, aluminum, concrete, and lumber, effectively the last tranche of pre-tariff pricing. Florida SB 264 restricts acquisitions by nationals of certain countries within 10 miles of military installations and must be screened at contract stage for international buyers.
Key Facts
- Miami Beach Condo Median (Dec 2025): $620K
- Brickell Condo Median (Dec 2025): $580K
- Luxury Condo $/SF: $1,200-$3,500+
- Fisher Island $/SF: $2,000-$4,500
- Avg Days on Market: 95
- Closing Costs: 2-3% (cash), 3-4% (financed)
- Property Tax: ~2% of assessed value annually
- Millionaire Population Growth: +78% (2013-2023)
- State Income Tax: 0% (vs. NY 10.9%, CA 13.3%)
What Buyers Should Know
Miami’s millionaire population grew approximately 78% between 2013 and 2023 with no state income tax and hard geographic constraints (ocean, bay, Everglades) capping supply. Luxury condominium price per sq ft runs $1,200-$3,500+, extending to $2,000-$4,500+ on Fisher Island and $1,800-$4,000+ at South of Fifth. Miami now carries more hotel-branded residences than any other Western Hemisphere city.
Miami Real Estate FAQs
What are Miami’s current condominium medians?
December 2025: Miami Beach $620K, Brickell $580K. Luxury condominium stock runs $1,200-$3,500+ per sq ft, extending to $2,000-$4,500 on Fisher Island and $1,800-$4,000 at South of Fifth.
Why is Miami attracting UHNW capital structurally?
Zero state income tax (versus NY 10.9%, CA 13.3%), no estate tax, a 78% decade growth in the millionaire population (2013-2023), and geographic constraints that cap long-run supply. These are structural inputs, not cyclical.
What does the construction-cost tariff environment mean for current inventory?
Current pre-construction inventory was financed and broke ground before 20-50% tariffs landed on steel, aluminum, concrete, and lumber. Replacement-cost pricing on the next development cycle is expected to rise materially. Current allocations represent the last tranche of pre-tariff pricing.
What is Florida SB 264 and how does it affect international buyers?
Florida SB 264 restricts property acquisitions by nationals of seven countries (China, Russia, Iran, North Korea, Cuba, Venezuela, Syria) within 10 miles of military installations. The restriction must be screened at contract stage and may require entity-structure adjustments to comply.
What are typical monthly carrying costs on a Miami condominium?
HOA $0.80-$2.50 per sq ft per month, property tax ~2% of assessed value annually, HO-6 insurance $2,000-$5,000+ annually, flood insurance $500-$3,000+. A 2,000 sq ft condo runs $1,600-$5,000 per month in HOA alone.
What are the post-Surfside inspection requirements?
Buildings 3+ stories must undergo structural inspections at year 30 (year 25 if coastal), then every 10 years. Associations must fully fund reserves; reserve waivers are no longer permitted. Older buildings carry special-assessment risk; inspection and reserve-study review is required at due-diligence.