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Coconut Grove’s most anticipated new development in decades, Ugo Colombo’s Vita at Grove Isle, has topped off. They estimate the finishes can be completed by late 2025.
The project, located at 5 Grove Isle will bring 65 boutique residences to the Grove Isle waterfront. The spaceship-esque design of the 7 floor tower is spread over the southern tip of the 20-acre island, allowing all residences to enjoy sweeping waterfront views of Downtown Coconut Grove, the Brickell skyline and more.
Vita at Grove Isle Construction Top Off August 2024
“Seeing Vita at Grove Isle take shape is a fulfillment of our vision for future residents and the future of Grove Isle itself,” Ugo Colombo said. “This development will offer an exclusive private-island lifestyle, combining the unparalleled water views and unique location with the comfort and luxury of homes, all within the convenience of a condo. It truly redefines luxury living in one of Miami’s most sought-after residential enclaves.”
Previously, we had published a feature where Mr. Colombo detailed what made him excited to make Vita at Grove Bay happen.
Vita at Grove Isle Boat Dock Rendering
The sales at Vita at Grove Isle started and have remained strong, with 20% of the units being sold before the project even launched. CMC Group received a $239 million construction loan from Bank OZK in early 2024, which signifies the strength of the project and it’s sales.
Being designed by CallisonRTKL, who boasts an amazing worldwide portfolio and local architects S&E Architects, who has the knowledge of the local building nuances, Vita at Grove Isle will stand out in both form and functionality. It is actually 3 separate buildings that are fused together, adding to the longevity of the structure.
It has been said that many of the buyers are people who are moving from large estates. They are looking for the convenience of the staff and groundskeeping, but now they do not have to sacrifice the space and layout.
While the project is currently 80% sold, remaining purchase opportunities range from $6m for a tower residence up to $19.5m for one of the 12 penthouses that offer private rooftop pools.
If you are interested in a presentation and specific pricing, please contact Michael Light, Broker and Executive Director of Luxury Sales at Douglas Elliman AND long-time Coconut Grove resident. You may reach Michael directly at (786) 566-1700 or via email at michael@miamiluxuryhomes.com.
Learn more about The Light Group
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