$3,500,000
5000 Island Estates Drive 607
Explore the area: Aventura homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $3,500,000
- Price per sq ft
- $1,311
- Vs. nearby sales
- 28.2% above
- Days on market
- 18
This 3-bedroom condo in Prive Condo is listed at $3,500,000, or $1,311 per square foot. It has been on the market for 18 days. The 6 most recent condo sales in the closings shown below sold at a median of $1,023 per square foot, so the asking price is 28.2% above what comparable homes here actually sold for.
Estimated monthly payment
$18,394 /mo
Principal and interest only, based on $700,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $5,858/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $3,500,000
- Days on Site
- 18 Days
- Bedrooms
- 3
- Total Baths
- 5
- Full Baths
- 4
- Partial Baths
- 1
- Living Area
- 2,670 sqft
- Total Sq Ft
- 2,670 sqft
- Year Built
- 2018
- Property Type
- Condo
- MLS #
- A12083868
- Property Tax
- $31,220 (2025)
- HOA Fees
- $5,858 / Monthly
- Subdivision
- PRIVE CONDO
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
Experience private-island living in this beautifully appointed 3-bedroom, 4.5-bath residence offering nearly 3,000 SF of living area and an exceptional flow-through floor plan. Expansive east and west balconies totaling approximately 850 SF of outdoor space capture spectacular water views in both directions, allowing you to enjoy colorful sunrises and sunsets from your own home. Every bedroom and main living area opens directly to a balcony, seamlessly connecting indoor and outdoor living. The spacious primary suite features a generous walk-in closet, large bath, and private balcony access. Two additional ensuite bedrooms are thoughtfully split from the primary and from one another, creating three private bedroom suites. At the heart of the residence, the well-equipped kitchen features a large marble cooking island with bar seating and opens naturally to the living and entertaining areas. Beyond the residence, enjoy the privacy, security, and five-star amenities of an exclusive private-island community, with impeccably maintained facilities and resort-style services creating an extraordinary lifestyle surrounded by stunning water views!
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 2018
- Property Condition
- Resale
- Number of Stories
- 16
- Garage Spaces
- 2
- Attached Garage
- Yes
- Parking
- Attached / Garage
- Living Sq Ft
- 2,670
- Total Sq Ft
- 2,670
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Oven / Refrigerator / Washer
- Cooling
- Central Air / Electric
- Heating
- Central / Electric
- Interior Features
- Bedroom On Main Level / Bathtub / Dual Sinks / Entrance Foyer / Elevator / Kitchen Island / Living Dining Room / Split Bedrooms / Soaking Tub / Separate Shower
Exterior Features
- Construction
- Block
- Exterior Features
- Balcony / Outdoor Living Area
- Patio & Porch
- Open / Balcony
- Waterfront
- Yes
- Waterfront Features
- Bayfront / Other
- View
- Bay / Ocean / Water
Community & HOA
- HOA Fee
- $5,858 / Monthly
- Association Amenities
- Basketball Court / Bike Storage / Cabana / Clubhouse / Elevators / Fitness Center / Maintenance Grounds / Pier / Putting Greens / Tennis Courts / Trails
- Security
- Security System / Elevator Secured
- Pets Allowed
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Other Restrictions
- MLS Area
- 2220
This home's HOA fee works out to $5,858 a month, in line with 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 607, Aventura, FL 33160?
- Use the Tour button on this listing to request a showing of 5000 Island Estates Drive 607, 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 607, Aventura, FL 33160 still available?
- 5000 Island Estates Drive 607, Aventura, FL 33160 is currently listed as Active, and has been on the market 18 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 607, Aventura, FL 33160?
- With 20% down ($700,000) on the $3,500,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5000 Island Estates Drive 607, Aventura, FL 33160 is about $18,394/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 607, 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 607, 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 607, Aventura, FL 33160 have an HOA fee?
- Yes: 5000 Island Estates Drive 607, Aventura, FL 33160 carries an HOA fee of about $5,858 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 607, Aventura, FL 33160?
- 5000 Island Estates Drive 607, 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 607, Aventura, FL 33160?
- Often, yes. The right offer on 5000 Island Estates Drive 607, 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 Compass Florida, 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 September 6, 2026.
$3,500,000
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Listed by Adam Levy, Compass Florida, LLC
Map & Location
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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.
