Grove Isle is a trio of 18-story waterfront towers on a 20-acre private island in Biscayne Bay, reached by a guarded bridge just off Coconut Grove's S Bayshore Drive. Residences look across open bay water toward Key Biscayne and back at the Grove's banyan-lined shoreline, and the island includes a marina and the Grove Isle Club with its Cliff Drysdale-run clay tennis courts. The new Vita at Grove Isle condo development shares the island, adding a luxury restaurant scene while established Grove Isle units trade near $987 per square foot. CocoWalk's shops and the village center of Coconut Grove sit about a five-minute drive away.
This building is in our statewide file. When you order, we run a fresh scan across 14 risk categories — inspections, assessments, structural condition, litigation, insurance and more. Your report shows what public records revealed, and just as important, what they couldn't — so you know exactly what to verify before you make an offer. Delivered within 24 hours.
Get the full Intelligence Report — $9.99Recent listings at Grove Isle range around $1,185,000-$3,500,000 (13-14 active listings), with about 13 units actively for sale as of the last research date.
Grove Isle was built in approximately 1979 and rises 18 floors with ~169 units in Tower One (publicly reported); three towers at 1, 2 & 3 Grove Isle Dr comprise the full condominium units.
Florida condominiums of this age are subject to milestone inspection and structural reserve requirements. Our Intelligence Report covers what official city and county records show for this building, and what remains for a buyer to verify with the association.
When you buy into a condo building that's 15 or more years old — anywhere in the US — you should expect by default that an assessment, or several, is in effect or on the way: roof repairs, elevator replacement, repaving, facade work. Buildings age on a schedule, and the bill lands on the owners: often hundreds of dollars a month on top of your mortgage, HOA fee, taxes, and insurance. The unit listing rarely mentions any of it.
In Florida, the stakes for older buildings are higher still. Since the 2021 Surfside tragedy, state law requires milestone structural inspections at 30 years (25 in some coastal areas), Structural Integrity Reserve Studies, and — critically — bars associations from waiving reserve funding for structural components, ending decades of artificially low fees. Add the state's insurance surge, and many older buildings carry obligations that never appear in a listing. None of this makes an older building a bad purchase — but the difference between a well-run 1970s tower and a struggling one can be tens of thousands of dollars per unit. That's the question our building intelligence answers.
Nearby in Miami: Star Lakes Estates · Point East One · Jockey Club I · Ocean Point Condominium · The Presidential · All Miami condos