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5000 Island Estates Drive 1201
Explore the area: Aventura homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $5,795,000
- Price per sq ft
- $1,499
- Original price
- $5,895,000
- Days on market
- 185
This 4-bedroom condo in Prive Condo is listed at $5,795,000, or $1,499 per square foot. The asking price has come down 1.7% from its original $5,895,000. It has been on the market for 185 days.
Estimated monthly payment
$30,455 /mo
Principal and interest only, based on $1,159,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $7,571/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $5,795,000
- Days on Site
- 185 Days
- Bedrooms
- 4
- Total Baths
- 6
- Full Baths
- 5
- Partial Baths
- 1
- Living Area
- 3,867 sqft
- Total Sq Ft
- 3,867 sqft
- Year Built
- 2018
- Property Type
- Condo
- MLS #
- A11987268
- Property Tax
- $56,321 (2025)
- HOA Fees
- $7,571 / Monthly
- Subdivision
- PRIVE CONDO
- Development
- Prive Condo
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
Move into this stunning, 4-bedroom, 5.5-bathroom residence offering 3,927 SF of luxury island living on the 12th floor of Privé South Tower, the sole address on South Florida's last private island. A private elevator opens directly into your grand entrance foyer, where natural marble floors flow throughout. Floor-to-ceiling glass walls rise 10 feet high, framing unobstructed Intracoastal, Bay, and Ocean views from every room. The European-style kitchen features custom white Italian cabinetry and Miele appliances, opening to the expansive living and dining area. Deep 10-foot balconies on east and west exposures with outdoor summer kitchen for year-round entertaining. Five-star amenities include a 10,000 SF gym/spa with steam, sauna, massage rooms, fitness studio, private dining with catering, wine cellar, cigar lounge, social room, toddler's playroom, resort pools, tennis court, and 24-hour security on a gated island. Includes a 65-foot boat slip and 3 covered parking spaces. Minutes from Aventura Mall, Bal Harbour Shops, top schools, and both airports. Steps from your yacht to your elevator, this is the boater's dream. Sold as-is. Privé stands as the crown jewel of the Williams Island community in the City of Aventura. Unparalleled luxury and complete privacy, surrounded by water on every side.
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 2018
- Property Condition
- Resale
- Number of Stories
- 15
- Garage Spaces
- 3
- Parking
- Assigned / Covered
- Living Sq Ft
- 3,867
- Total Sq Ft
- 3,867
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Disposal / Oven / Refrigerator / Washer
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Marble
- Interior Features
- Entrance Foyer / Eat In Kitchen / Elevator / Living Dining Room / Other / Walk In Closets
- Windows
- Blinds
Exterior Features
- Construction
- Block
- Exterior Features
- Balcony / Lighting / Outdoor Living Area
- Private Pool
- Yes
- Pool Features
- Private / Association
- Patio & Porch
- Open / Balcony
- Waterfront
- Yes
- Waterfront Features
- Bayfront / Intracoastal Access / No Fixed Bridges
- View
- Bay / Intercoastal / Ocean
Community & HOA
- HOA Fee
- $7,571 / Monthly
- HOA Includes
- Common Areas / Maintenance Grounds / Pest Control / Pools / Trash / Water
- Association Amenities
- Billiard Room / Bike Storage / Business Center / Clubhouse / Fitness Center / Maintenance Grounds / Management / Playground / Pool / Sauna / Storage / Tennis Courts / Trash / Elevators
- Security
- Security System / Closed Circuit Cameras / Elevator Secured / Secured Garage Parking / Key Card Entry / Smoke Detectors / Security Guard
- Pets Allowed
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- No Rv / No Truck / No Trailer Parking / Okay To Lease1st Year / Ok To Lease
- MLS Area
- 2220
This home's HOA fee works out to $7,571 a month, 26% above the $5,986 median across 8 homes for sale in Prive Condo. See Prive Condo HOA fees
Schools
- Elementary School
- Aventura Waterways K-8
- Middle School
- Highland Oaks
- High School
- Dr. Michael M. Krop
About the Community
Prive Condo is a luxury waterfront, luxury community in Aventura, Miami-Dade County, Florida. Properties are priced from $3,200,000 to $9,900,000. Pure Equity lists homes in Prive and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 8
- Under Contract
- 0
- Median List Price
- $3,780,000
- Median $/Sq Ft
- $1,423
- Avg Days on Market
- 130
Frequently Asked Questions
- How do I schedule a tour of 5000 Island Estates Drive 1201, Aventura, FL 33160?
- Use the Tour button on this listing to request a showing of 5000 Island Estates Drive 1201, Aventura, FL 33160. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 5000 Island Estates Drive 1201, Aventura, FL 33160 still available?
- 5000 Island Estates Drive 1201, Aventura, FL 33160 is currently listed as Active, and has been on the market 185 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 5000 Island Estates Drive 1201, Aventura, FL 33160?
- With 20% down ($1,159,000) on the $5,795,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5000 Island Estates Drive 1201, Aventura, FL 33160 is about $30,455/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 5000 Island Estates Drive 1201, Aventura, FL 33160?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5000 Island Estates Drive 1201, Aventura, FL 33160. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 5000 Island Estates Drive 1201, Aventura, FL 33160 have an HOA fee?
- Yes: 5000 Island Estates Drive 1201, Aventura, FL 33160 carries an HOA fee of about $7,571 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 5000 Island Estates Drive 1201, Aventura, FL 33160?
- 5000 Island Estates Drive 1201, Aventura, FL 33160 is zoned for Aventura Waterways K-8 (elementary), Highland Oaks (middle), Dr. Michael M. Krop (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 5000 Island Estates Drive 1201, Aventura, FL 33160?
- Often, yes. The right offer on 5000 Island Estates Drive 1201, Aventura, FL 33160 depends on how it's priced against comparable condo sales in Aventura, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Dezer Platinum Realty LLC
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$5,795,000
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Listed by Carmen Geraldine Schafer, Dezer Platinum Realty LLC
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Recent Sales
Recently sold homes in Prive Condo
These are the last 6 recorded closings in Prive Condo, with the price each home actually sold for rather than what it was listed at. They closed at a median of $1,040 per square foot. The most recent closed on March 23, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$2,665,000
Sold · March 23, 2026
5000 Island Estates Dr 803 803
3 bed · 4.5 bath · 2,750 sqft · $969/sqft
$285,000 under the asking price
Sold$3,900,000
Sold · March 11, 2026
5000 Island Estates Drive 501
4 bed · 5.5 bath · 3,415 sqft · $1,142/sqft
$350,000 under the asking price
Sold$2,970,000
Sold · December 11, 2025
5000 Island Estates Drive 1407
3 bed · 4.5 bath · 2,956 sqft · $1,005/sqft
$180,000 under the asking price
Sold$3,640,000
Sold · November 20, 2025
5500 Island Estates Drive 1407
4 bed · 4 bath · 2,956 sqft · $1,231/sqft
$210,000 under the asking price
Sold$3,600,000
Sold · October 31, 2025
5500 Island Estates Drive 705
4 bed · 5.5 bath · 3,461 sqft · $1,040/sqft
$150,000 under the asking price
Sold$4,125,000
Sold · August 7, 2025
5000 Island Estates Dr 1208 1208
4 bed · 5.5 bath · 4,119 sqft · $1,001/sqft
$354,000 under the asking price
See every recorded sale in Prive Condo or find out what your Prive Condo home is worth.







