$3,600,000
Sold · October 31, 2025
5500 Island Estates Drive 705
Explore the area: Aventura homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $3,600,000
- Vs. list price
- 4% under
- Days on market
- 142
- Price per sq ft
- $1,040
This 4-bedroom condo in Prive Condo sold for $3,600,000 on October 31, 2025. That was 4% below its final list price of $3,750,000. It spent 142 days on the market. At $1,040 per square foot, it closed in line with the $1,045 median of the 6 other condo sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $3,600,000
- Sold On
- October 31, 2025
- Days on Site
- 142 Days
- Bedrooms
- 4
- Total Baths
- 6
- Full Baths
- 5
- Partial Baths
- 1
- Living Area
- 3,461 sqft
- Total Sq Ft
- 4,517 sqft
- Year Built
- 2017
- Property Type
- Condo
- MLS #
- A11784523
- Property Tax
- $39,273 (2024)
- HOA Fees
- $6,843 / Monthly
- Subdivision
- PRIVE CONDO
- Development
- PRIVE
- County
- Miami Dade
- Status
- Sold
- Special Conditions
- Listed As Is
About This Property
Exceptional 4-bed, 5.5-bath sky residence with panoramic water views of Sunny Isles & the Intracoastal. Enjoy a private terrace with summer kitchen, sunlit open living spaces, smart home tech, and a gourmet kitchen with pantry + extra fridge/freezer. Private foyer doubles as an office. Luxurious primary suite with spa bath & custom closets. Features include dropped ceilings, LED lighting, and electric blackout shades. Prive Island offers resort-style amenities: gym, pools, wine cellar, tennis, walking path & more—ultra-private, ultra-luxurious.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Sold
- Year Built
- 2017
- Property Condition
- Resale
- Number of Stories
- 15
- Garage Spaces
- 2
- Parking
- Guest / Valet
- Living Sq Ft
- 3,461
- Total Sq Ft
- 4,517
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Disposal / Ice Maker / Microwave / Oven / Refrigerator / Trash Compactor / Washer
- Cooling
- Central Air / Electric
- Heating
- Central / Electric
- Flooring
- Marble
- Interior Features
- Built In Features / Bedroom On Main Level / Bathtub / Dual Sinks / Entrance Foyer / Eat In Kitchen / Kitchen Island / Living Dining Room / Pantry / Soaking Tub / Separate Shower / Walk In Closets / Bar
- Windows
- Blinds
- Total Rooms
- 1
Exterior Features
- Construction
- Block
- Exterior Features
- Balcony / Barbecue / Outdoor Living Area
- Pool Features
- Association
- Patio & Porch
- Open / Balcony
- Waterfront
- Yes
- Waterfront Features
- Intracoastal Access / Other
- View
- Intercoastal / Ocean
Community & HOA
- HOA Fee
- $6,843 / Monthly
- HOA Includes
- Maintenance Grounds
- Association Amenities
- Beach Rights / Business Center / Clubhouse / Elevators / Fitness Center / Maintenance Grounds / Management / Other / Playground / Pool / Sauna / Spa Hot Tub / Tennis Courts / Trails
- Security
- Security System / Elevator Secured / Security Guard
- Pets Allowed
- Pet Restrictions / Yes
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional
- MLS Area
- 2220
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
- 9
- Median List Price
- $3,780,000
- Median $/Sq Ft
- $1,363
- Avg Days on Market
- 137
Frequently Asked Questions
- How do I schedule a tour of 5500 Island Estates Drive 705, Aventura, FL 33160?
- Use the Tour button on this listing to request a showing of 5500 Island Estates Drive 705, 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 5500 Island Estates Drive 705, Aventura, FL 33160 still available?
- 5500 Island Estates Drive 705, Aventura, FL 33160 is currently listed as Sold, and has been on the market 142 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 5500 Island Estates Drive 705, Aventura, FL 33160?
- With 20% down ($750,000) on the $3,750,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5500 Island Estates Drive 705, Aventura, FL 33160 is about $19,708/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 5500 Island Estates Drive 705, Aventura, FL 33160?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5500 Island Estates Drive 705, Aventura, FL 33160. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 5500 Island Estates Drive 705, Aventura, FL 33160 have an HOA fee?
- Yes: 5500 Island Estates Drive 705, Aventura, FL 33160 carries an HOA fee of about $6,843 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 5500 Island Estates Drive 705, Aventura, FL 33160?
- 5500 Island Estates Drive 705, 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 5500 Island Estates Drive 705, Aventura, FL 33160?
- Often, yes. The right offer on 5500 Island Estates Drive 705, 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 Douglas Elliman
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 July 1, 2026.
$3,600,000
Own a home nearby?
This sale is now a comparable for every home around it. Get a free estimate of what yours would sell for today.
Listed by Richard H Goihman, Douglas Elliman
Map & Location
Featured Communities
Cities in Miami-Dade County
Zip Codes in Miami-Dade County
Property Types
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 $1,085 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$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
Sold$2,600,000
Sold · July 28, 2025
5500 Island Estates Drive 604
2 bed · 2.5 bath · 2,396 sqft · $1,085/sqft
$298,000 under the asking price
See every recorded sale in Prive Condo or find out what your Prive Condo home is worth.
