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5500 Island Estates Drive #1404 & 1405 photo 15500 Island Estates Drive #1404 & 1405 photo 25500 Island Estates Drive #1404 & 1405 photo 35500 Island Estates Drive #1404 & 1405 photo 45500 Island Estates Drive #1404 & 1405 photo 5

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5500 Island Estates Drive #1404 & 1405

Aventura, FL 33160

$9,000,000
5
5.5
6,293 sq ft
2017
4 car
Condominium
$13,867/mo
Yes
Yes
0
Active

Listing courtesy of One Sotheby's International Realty (Vanessa Frank). Contact: [email protected].

About this home

A rare opportunity at Privé: two adjoining residences, Units 1404N and 1405N, beautifully combined to create one exceptional waterfront home. Offering 6,293 SF of interior living space plus approximately 1,826 SF of expansive balconies, this remarkable residence features four bedrooms, maid’s quarters, two dens, and 5.5 bathrooms. Oversized east- and west-facing terraces offer breathtaking views and showcase both sunrise and sunset. Generous proportions, multiple living and entertaining areas, and seamless indoor-outdoor living create the feeling of a private home in the sky. The residence includes four assigned parking spaces and two storage lockers. Privé is an exclusive, guard-gated island enclave offering a private beach, marina, two pools, a tennis court, jogging paths, concierge and valet services, and exceptional fitness and spa facilities. A truly one-of-a-kind sanctuary in the heart of Aventura.

What it costs to own
Estimated monthly payment
$78,805/mo
Principal and interest
$45,509
Property tax
$13,804
Homeowners insurance
$5,625
HOA
$13,867

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$165,645/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
$13,867/mo (from the listing)
FEMA flood zone
Zone AE, special flood hazard area

Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.

Hurricane evacuation zone
Zone B: ordered to evacuate for Category 1 hurricanes and stronger.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.