Vita at Grove Isle Miami: The Most Exclusive Address in Coconut Grove 2026

Vita at Grove Isle Miami

There are luxury condos in Miami, and then there is Vita at Grove Isle. Set on a private, guard-gated 20-acre island in the middle of Biscayne Bay, Vita is not just another waterfront residence. It is one of the rarest real estate opportunities to emerge in South Florida in decades. If you are seriously considering ultra-luxury living in Miami, this is the building that deserves your full attention.

Ivan & Mike have worked extensively within Vita at Grove Isle, having successfully represented buyers in this building. This article is your authoritative guide to everything you need to know before making a decision of this magnitude.

Vita at Grove Isle Miami

What Is Vita at Grove Isle?

Vita at Grove Isle is a seven-story boutique condominium completed in Q4 2025, developed by Ugo Colombo of CMC Group, the same visionary force behind Brickell Flatiron, Grovenor House, and Beach House 8. With only 65 ultra-luxury residences total, Vita is a genuinely limited offering in a market where the word “exclusive” is often used loosely.

The building is composed of three elegantly curved structures, Mare, Luce, and Sole, designed to follow the natural contours of the island’s Biscayne Bay shoreline. Architecture by the globally recognized CallisonRTKL firm, with interiors by Italian designers A++ Architecture (Carlo and Paolo Colombo), results in a finished product that feels more like a private estate than a traditional condominium.

According to The Real Deal, Vita was 85 percent presold at the time of delivery, a powerful signal of buyer confidence in this project before a single resident had moved in.

Location: The Private Island Advantage

Grove Isle is a 20-acre private island just off Bayshore Drive in Coconut Grove, connected to the mainland by a single controlled-access bridge. It is one of the very few addresses in Miami where true island living, with a security-staffed gatehouse, panoramic bay views, and complete separation from street traffic, is possible within minutes of the city’s best neighborhoods.

From Vita, residents are approximately 10 minutes from Brickell’s financial and dining corridor, 5 minutes from Coconut Grove’s boutiques, parks, and marina, and a short drive from Coral Gables and Miami International Airport. This is a location that delivers both privacy and access, a combination that is genuinely rare at any price point.

Coconut Grove continues to be one of Miami’s most resilient luxury submarkets. According to the Coconut Grove Q1 2026 Market Report, the neighborhood recorded over 66 closings in Q1 alone, with waterfront and gated properties driving the deepest concentration of ultra-luxury activity. The neighborhood attracts relocation buyers from New York, California, and international markets who prize lifestyle stability over speculation.

To explore other luxury condos in Coconut Grove and understand how Vita compares within its local market context, Ivan & Mike’s team provides personalized guidance on positioning and value.

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The Residences: Space, Design, and Craftsmanship

Vita offers three- and four-bedroom residences ranging from approximately 2,500 to over 5,000 square feet of interior living space, each wrapped in 13-foot-deep private terraces that extend the living experience toward the water. Ceilings soar to 10 feet throughout, while floor-to-ceiling glass ensures unobstructed bay views from virtually every room.

Every detail was personally overseen by Ugo Colombo, a Milan native with a career-long commitment to hand-selected Italian materials and craftsmanship. As reported by Resident.com, kitchens feature custom Molteni&C cabinetry with Miele appliances, and bathrooms are clad in Italian marble sourced directly from Margraf. Each residence arrives with a private elevator entry, smart-home technology, and custom lighting and climate systems.

The penthouse collection at Vita is in a category of its own. Bi-level penthouses span up to 7,000+ square feet and include private rooftop terraces with swimming pools and summer kitchens, adding thousands of additional square feet of outdoor living. The flagship penthouse is currently listed at $21.3 million, representing one of the most compelling trophy opportunities in all of South Florida.

Building Amenities

  • Bayfront pool with poolside bar and lounge
  • Full-service spa and state-of-the-art fitness center
  • Lighted tennis, pickleball, and padel courts
  • Marina access with private boat slips
  • 40-foot Fjord houseboat exclusively for residents (a la carte)
  • Children’s playground and pet-friendly facilities
  • Curated art lobbies
  • Grove Isle Racquet and Yacht Club membership
  • La Sponda, an elevated Italian dining concept by Gioia Hospitality Group opening in 2026
  • Vita Linc digital concierge app
  • 24-hour valet and concierge services
  • Private garages with EV charging
The Private Island Advantage

Market Positioning and Investment Value

Vita at Grove Isle is currently priced between approximately $6.5 million and $21.3 million, with a price per square foot ranging from $2,400 to over $3,000 depending on floor, orientation, and configuration. For context, comparable ultra-luxury boutique condos in Miami regularly trade well above $3,000 per square foot in the resale market, while branded tower developments approach $4,000 per square foot.

According to an independent investment analysis, Vita is one of the most competitively positioned ultra-luxury offerings in Miami relative to its quality tier. The combination of CMC Group’s track record, the irreplaceable island location, and genuinely limited inventory makes this a compelling long-term hold.

Florida YIMBY reported that CMC Group secured a $239 million construction loan from Bank OZK for Vita’s development, reflecting strong institutional confidence in the project. South Florida logged 361 ultra-luxury sales above $10 million in 2025, the second-highest figure on record, with demand concentrated in Miami Beach, Brickell, and Coconut Grove. The pipeline for new luxury supply in the Grove remains extremely constrained, which structurally supports pricing at Vita going forward.

Buyers interested in new construction in Miami will find few projects that combine this level of finished quality, waterfront positioning, and boutique scale in a single address.

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Market Positioning and Investment Value

Ivan & Mike: Trusted Advisors at Vita at Grove Isle

When it comes to Vita at Grove Isle, Ivan & Mike are not simply familiar with the building. They have a proven track record within it. The team has successfully closed transactions on unit M-504 and unit L-202, two distinct residences representing different floor plans, orientations, and buyer profiles within the building.

That depth of direct experience matters in a project this calibrated. At Vita, the differences between floors, lines, and buildings (Mare, Luce, Sole) translate into meaningful variations in view exposure, natural light, terrace configuration, and pricing. Knowing which units deliver the highest quality of daily life, and which represent the strongest long-term value, requires firsthand knowledge that cannot be replicated from a listing sheet.

Ivan & Mike specialize in ultra-luxury and new construction real estate in Miami, with a client base that includes buyers relocating from New York, California, and Latin America, as well as seasoned investors seeking institutional-quality residential assets. Their approach is advisory, not transactional, which means every consultation is built around your specific goals, timeline, and criteria.

Whether you are entering the Vita market for the first time or considering a strategic repositioning within the building, Ivan & Mike provide the perspective and access that this level of investment demands.

What Sets Vita Apart from Other Miami Luxury Condos

Miami’s ultra-luxury condo market is active, and buyers today have genuine choices. So why does Vita at Grove Isle stand apart?

Private Island Location. No other new-construction luxury condo in Coconut Grove or Brickell sits on a private island. The controlled-access gatehouse, the Baywalk Promenade encircling the island, and the inherent separation from mainland density create a lifestyle that tower developments simply cannot replicate. As Million Luxury notes in its direct comparison, Vita’s island setting is the defining differentiator against every mainland competitor in the neighborhood.

Boutique Scale with Estate-Level Space. With only 65 residences, Vita offers a density closer to a private residential community than a condominium tower. Floor plans ranging up to 5,000+ square feet interior, plus penthouses above 7,000 square feet, reflect the estate-style living that many buyers transitioning from single-family homes are specifically seeking.

True Boating Integration. Vita’s marina with private boat slips is a functional amenity, not a decorative one. For buyers who sail, fish, or cruise regularly, the ability to keep a vessel steps from the front door transforms the ownership experience entirely.

Protected Views. Because Grove Isle is a private island with a defined perimeter, there is no adjacent development that can compromise your sightlines. What you see from your terrace today is what you will see in 20 years, an increasingly rare guarantee in a fast-developing city. Condo Black Book’s Q3 2025 Coconut Grove market report highlights the Grove’s continued price appreciation, driven precisely by this kind of supply-constrained, view-protected product.

The Rarest Address in Coconut Grove

Vita at Grove Isle Miami does not compete for a position within Miami’s luxury condo market. It occupies a category of its own. The combination of a private island address, a developer with an unbroken record of landmark projects, 65 estate-scale residences, and a location minutes from Brickell and Coral Gables produces something that does not have a direct parallel in South Florida new construction.

The building is delivered, occupied, and largely sold. That means the remaining inventory is being absorbed at full market value, and the window for finding the right unit is genuinely limited.

If Vita at Grove Isle is a serious consideration for you, the moment to act is now. Ivan & Mike are positioned to provide the guidance, access, and negotiation expertise that a transaction of this magnitude requires.

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The Rarest Address in Coconut Grove

About Ivan & Mike

Ivan Chorney and Michael Martirena are the founders of The Ivan & Mike Team at Compass Florida, one of the most distinguished luxury real estate teams in the United States. With more than $2 billion in closed transactions, they are recognized among the Top 10 Medium Teams in the U.S. by RealTrends and #1 in New Construction Sales in Miami.

Ivan & Mike are celebrated for their deep market intelligence, developer partnerships, and discreet, relationship-driven approach. Their clients include UHNWIs, CEOs, athletes, and global investors seeking strategic acquisitions across South Florida.

Their mission is simple:

“We connect extraordinary people with extraordinary properties, delivering not just a transaction—but a lifestyle.”

Their insights have been featured in The Real Deal, Forbes México, Mansion Global, Inman, and The Wall Street Journal, positioning them as architects of Miami’s luxury lifestyle.

📍 Based in Coconut Grove, Miami, FL 📞 (305) 907-7948 📧 ivan.chorney@compass.com** | **mike.martirena@compass.com 🌐 www.ivanandmike.com

What is the current price range for units at Vita at Grove Isle?

As of 2026, available residences at Vita at Grove Isle are priced from approximately $6.5 million for a three-bedroom waterfront unit to $21.3 million for a bi-level penthouse with a private rooftop pool. Price per square foot for current inventory ranges from roughly $2,400 to over $3,000 depending on floor, building, and orientation.

Vita at Grove Isle was developed by Ugo Colombo of CMC Group, a Miami-based luxury developer with a 35-year track record that includes Brickell Flatiron and Grovenor House. The building received its Temporary Certificate of Occupancy in December 2025 and closings commenced shortly thereafter, making it the only new luxury condominium to deliver in Coconut Grove that year.

Grove Isle is a private, guard-gated 20-acre island in Biscayne Bay, connected to Coconut Grove’s mainland by a single bridge. Daily life at Vita is defined by bay views, marina access, resort-style amenities, and a degree of privacy that is unusual even by Miami luxury standards. Coconut Grove’s restaurants, parks, marinas, and cultural institutions are minutes away by car or bicycle.

The combination of limited supply, a proven developer, an irreplaceable waterfront island location, and strong buyer demand in the Coconut Grove submarket supports Vita’s long-term investment thesis. The building entered the market at a competitive price per square foot relative to comparable Miami ultra-luxury projects, and with no comparable new construction pipeline in Coconut Grove, pricing pressure is structurally favorable for current owners.

The building’s remaining inventory is limited and not all available units are publicly listed. Ivan & Mike have direct knowledge of the building and have successfully closed transactions within Vita. To receive an accurate picture of current and upcoming availability, including units that may be off-market, contact Ivan & Mike directly for a private consultation.