$5,630,000
5500 Island Estates Drive PH 1506
Explore the area: Aventura homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $5,630,000
- Price per sq ft
- $1,275
- Original price
- Unchanged
- Days on market
- 203
This 5-bedroom condo in Prive Condo is listed at $5,630,000, or $1,275 per square foot. It has been on the market for 203 days.
Estimated monthly payment
$29,588 /mo
Principal and interest only, based on $1,126,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $9,856/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $5,630,000
- Days on Site
- 203 Days
- Bedrooms
- 5
- Total Baths
- 7
- Full Baths
- 6
- Partial Baths
- 1
- Living Area
- 4,417 sqft
- Total Sq Ft
- 8,052 sqft
- Year Built
- 2017
- Property Type
- Condo
- MLS #
- A11966057
- Property Tax
- $71,953 (2025)
- HOA Fees
- $9,856 / Monthly
- Subdivision
- PRIVE CONDO
- Development
- PRIVE
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
Crowning Aventura’s most exclusive private island enclave, THIS IS THE ONLY DESIGNER-READY PH AVAILABLE FOR SALE AT PRIVE at Island Estates; an exceptionally rare offering and the final opportunity to secure a customizable 2 story sky estate within this ultra-private waterfront sanctuary. Reserved for the most discerning buyer this residence presents a blank architectural canvas poised to become a bespoke legacy home in one of South Florida’s most secure and prestigious addresses.This extraordinary PH is delivered in designer-ready condition, allowing a visionary owner to curate every finish and detail to exact standards. A dramatic 15 foot ceilings in both levels creates a remarkable volume and architectural drama throughout. Floor-to-ceiling glass frame unobstructed views of the Atlantic Ocean,Intracoastal Waterway and the city skyline, filling the interiors with natural light and breathtaking views from sunrise to sunset.The expansive wraparound terrace with over 3,200 SF transforms outdoor living into a private resort experience. A 24-foot private pool overlooks the water complemented by a summer kitchen designed for effortless al fresco dining and entertaining. The seamless indoor-outdoor flow offers an exceptional setting for hosting at scale while preserving absolute privacy.Designed for those who value privacy, security, and the ability to shape a legacy home from a blank canvas, this is one of the last remaining opportunities in Aventura—featuring refined renderings and bespoke interior concepts by acclaimed designer Fanny Haim & Associates.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 2017
- Property Condition
- Resale
- Number of Stories
- 15
- Levels
- Multi Split
- Garage Spaces
- 3
- Parking
- Assigned / Covered / Carport / Detached Carport / Detached / Garage
- Direction Faces
- East
- Living Sq Ft
- 4,417
- Total Sq Ft
- 8,052
Interior Features
- Appliances
- Dryer / Dishwasher / Disposal / Ice Maker / Microwave / Oven / Refrigerator / Washer
- Cooling
- Central Air / Electric
- Heating
- Central / Electric / Heat Pump
- Flooring
- Concrete / Tile
- Interior Features
- Breakfast Bar / Bidet / Breakfast Area / Bathtub / Dining Area / Separate Formal Dining Room / Dual Sinks / Jetted Tub / Kitchen Island / Main Level Primary / Split Bedrooms / Soaking Tub / Separate Shower / Walk In Closets
- Total Rooms
- 12
- Furnished
- Unfurnished
Exterior Features
- Construction
- Block
- Exterior Features
- Balcony / Outdoor Living Area
- Architectural Style
- Split Level
- Pool Features
- Association / Heated
- Patio & Porch
- Open / Balcony
- Waterfront
- Yes
- Waterfront Features
- Bayfront / Other
- View
- Bay / Intercoastal / Ocean
Community & HOA
- HOA Fee
- $9,856 / Monthly
- HOA Includes
- Cable Tv / Hot Water / Internet / Pools / Security / Trash / Water
- Association Amenities
- Billiard Room / Business Center / Clubhouse / Community Kitchen / Fitness Center / Library / Playground / Pool / Parking / Sauna / Tennis Courts / Trails / Transportation Service
- Community Features
- Home Owners Association
- Security
- Elevator Secured / Lobby Secured / Smoke Detectors / Security Fence
- Utilities
- Cable Available
- Pets Allowed
- Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Dock Restrictions / No Truck / No Trailer Parking
- MLS Area
- 2220
This home's HOA fee works out to $9,856 a month, 62% above the $6,073 median across 9 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
- 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 PH 1506, Aventura, FL 33160?
- Use the Tour button on this listing to request a showing of 5500 Island Estates Drive PH 1506, 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 PH 1506, Aventura, FL 33160 still available?
- 5500 Island Estates Drive PH 1506, Aventura, FL 33160 is currently listed as Active, and has been on the market 203 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 PH 1506, Aventura, FL 33160?
- With 20% down ($1,126,000) on the $5,630,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5500 Island Estates Drive PH 1506, Aventura, FL 33160 is about $29,588/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 PH 1506, 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 PH 1506, 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 PH 1506, Aventura, FL 33160 have an HOA fee?
- Yes: 5500 Island Estates Drive PH 1506, Aventura, FL 33160 carries an HOA fee of about $9,856 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 PH 1506, Aventura, FL 33160?
- 5500 Island Estates Drive PH 1506, 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 PH 1506, Aventura, FL 33160?
- Often, yes. The right offer on 5500 Island Estates Drive PH 1506, 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 DA LUXURY 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.
$5,630,000
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Listed by Diego O Arnaud, DA LUXURY 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.
