Atlantic Luxury AdvisorsKeller Williams Realty Services

66 photos

5000 Island Estates Dr #702

Aventura, FL 33160

$3,000,000
3
4.5
2,709 sq ft
2018
2 car
Condominium
$858/mo
Yes
Yes
12
Active

Listing courtesy of Keller Williams Elite Properties. Contact: [email protected].

About this home

Experience the ultimate in luxury waterfront living at Privé at Island Estates. This spectacular 3-bedroom, 4.5-bathroom flow-through residence offers 2,709 square feet of elegant living space. Designed to maximize natural light and showcase the stunning waterfront setting, the residence features an expansive, thoughtfully designed layout with spectacular water views from every bedroom. The residence is equipped with premium Miele appliances and blackout shades throughout. Nestled on a private island in the heart of Aventura, Privé offers an unparalleled lifestyle of privacy, exclusivity, and resort-style luxury, with world-class amenities including a private beach, private marina, waterfront pools, tennis courts, a state-of-the-art fitness center, spa, wine & cigar room, pet grooming and double-gated security.

Virtual tour
What it costs to own
Estimated monthly payment
$22,462/mo
Principal and interest
$15,170
Property tax
$4,559
Homeowners insurance
$1,875
HOA
$858

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
$54,709/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.

The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.

HOA
$858/mo (from the listing)
FEMA flood zone
Lookup unavailable. Check the FEMA map
Hurricane evacuation zone
Lookup unavailable. Know your zone

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.

Florida condo safety laws

Prive Condo was built in 2018, according to the county property appraiser.

If it has three or more habitable stories, Florida law (s. 553.899, F.S.) requires a milestone structural inspection by December 31 of the year it reaches 30 years of age, then every 10 years; for a building of this age the first one is due by December 31, 2048. A local building official may require it at 25 years near salt water.

Condominium buildings of three or more stories also need a structural integrity reserve study (s. 718.112(2)(g), F.S.) at least every 10 years; associations formed on or before July 1, 2022 had to complete one by December 31, 2025.

Dates follow from the statutes and the year the county appraiser lists for the building, not from the association's records. Ask the association for its milestone inspection report, its most recent structural integrity reserve study and any approved or proposed special assessments, and review them before you buy.

Location
Location from the listing's MLS coordinatesMap data © OpenStreetMap contributors

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 Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.