Ugo Colombo’s CMC Group Breaks Ground On Ultra-Luxury ‘Vita at Grove Isle’ in Coconut Grove — PROFILE Miami

One of Miami’s most renowned luxury developers, Ugo Colombo of CMC Group, has broken ground on Vita at Grove Isle, set to be his most sophisticated residential development to date. The ultra-luxe boutique condominium is located on the exclusive Grove Isle, a 20-acre gated private island situated just offshore of the city’s trending Coconut Grove neighborhood. The seven-story development, which is being built on the island’s last remaining waterfront parcel, will feature 65 impeccably designed residences showcasing unobstructed panoramic bay views, exquisite detailing, and the highest quality materials and craftsmanship. Construction of the project is now underway, with an estimated delivery timeframe of 24 to 28 months.

Housing costs in Coconut Grove are surging as the neighborhood becomes the landing spot of choice for new-to-market residents, with prices rising as sales volume diminishes due to a lack of inventory. According to a One Sotheby’s February 2023 Report, average home prices in Coconut Grove were up 32% year over year.

More than 40% of Vita at Grove Isle’s residences have already been pre-sold, with the majority of its buyers hailing from the U.S. Residences will include three-, four-, and four plus den-bedroom units between 2,500 and 6,500 square feet. A collection of twelve exclusive penthouse residences will range from 3,400 to 6,600 square feet each with a private rooftop terrace featuring its own full-size swimming pool, full bathroom, and summer kitchen. Residences start at $5.5 million, with penthouses priced from $12 million.

Every detail of Vita at Grove Isle – from residence floor plan flow and smart home functionality to the selection of fine marbles imported from Italian quarries – has been personally overseen by Ugo Colombo, a native of Milan who possesses an unmatched perspective on timeless luxury and unparalleled quality.