Vita Grove Isle Homes for Sale

Vita Grove Isle is a luxury waterfront, luxury community in Coconut Grove, Miami-Dade County, Florida. Properties are priced from $5,800,000 to $10,000,000. Pure Equity lists homes in Vita Grove Isle and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Pure Equity Realty covers Vita Grove Isle and the Coconut Grove area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 2 Vita Grove Isle Coconut Grove homes for sale as of October 2026. The median asking price is $7.65M. Asking prices run from $5.79M to $9.5M.

That is 114% above the Coconut Grove median of $3.58M. On a per-foot basis, homes here ask about $2,507 per square foot, compared with $1,414 across Coconut Grove. So the median price buys roughly 3,050 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 130 days on the market. That tracks the Coconut Grove average of 146 days, so pricing and terms follow the wider city market.

Homes listed in Vita Grove Isle date from 2025 to 2026. That puts them between 0 and 1 years old.

Every one of these homes went up after Florida adopted its statewide building code in 2002. In practice, that usually means impact-rated openings and stronger roof attachment. A wind mitigation inspection documents those features, and Florida insurers must offer premium discounts for them.

Vita Grove Isle includes waterfront homes. Waterfront lots in South Florida often sit in FEMA special flood hazard areas, where lenders require flood insurance. Before you commit, look up the address on the FEMA Flood Map Service Center and ask the seller for an elevation certificate.

Vita Grove Isle has new construction. Builders usually require your agent to register you on the first visit, so bring your agent or call us before you walk in.

At a median near $7.65M, Vita Grove Isle sits in the luxury tier of Coconut Grove. Jumbo financing and proof of funds usually come up early in these negotiations.

Rentals in Vita Grove Isle have a median asking rent of $30,000 per month, across 1 active rental listing. For comparison, the Coconut Grove median is $9,500, so rents here run 216% higher.

You can browse current Coconut Grove rentals or ask us for a rent estimate on a specific Vita Grove Isle home.

Here is what the median Vita Grove Isle price means in Florida closing terms. At $7.65M, a 20% down payment comes to about $1.53M, leaving a loan near $6.12M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $21,413. Next, the intangible tax of 0.2% adds about $12,236. Buyers normally pay both at closing.

On the seller side, Miami-Dade charges deed stamps of 60 cents per $100 on a single-family home, about $45,885 at this price. Condos and other property types pay a higher rate.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.

Recent Vita Grove Isle listings show assignments to Key Biscayne K-8 (elementary), Ponce De Leon (middle) and Coral Gables (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.