$5,820,000
$280K PRICE DROP

Prive Island Estates 5500 Island Estates Dr Unit 1506 Aventura, FL 33160

Estimated payment $46,726/month

Total Views 4,362
5 Beds
6.5 Baths
4,417 Sq Ft
$1,318 Price per Sq Ft

Highlights

  • Doorman
  • Boat Dock
  • Private Guards
  • Aventura Waterways K-8 Center Rated A-
  • Property fronts an intracoastal waterway
  • Marble Flooring

About This Home

Experience the pinnacle of luxury living with the only penthouse available in Prive North Tower!

This magnificent 2-story penthouse offers breathtaking views of the Intracoastal and Ocean. Featuring decorator-ready interiors, this residence boasts 2 summer kitchens, a private rooftop pool, and an expansive terrace. Enjoy exclusive access to Prive's world-class amenities, including a fitness center, pools, restaurant, and marina. Don't miss out on this unparalleled opportunity!

Listing Agent

Luis Paredes

Million Realty LLC License #3258527

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $73,137

Year Built

  • Built in 2017

Lot Details

HOA Fees

  • $8,147 Monthly HOA Fees

Parking

  • 3 Car Garage

Property Views

Home Design

  • Concrete Block With Brick

Interior Spaces

  • 4,417 Sq Ft Home
  • Marble Flooring

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom

Home Security

Outdoor Features

  • Dock Available
  • Outdoor Grill

Schools

  • Aventura Waterways Elementary School
  • Highland Oaks Middle School
  • Michael Krop High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 28-22-02-054-0600

Community Details

Overview

  • High-Rise Condominium
  • Prive Condo
  • Prive Condo Subdivision
  • 16-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Community Barbecue Grill
  • Billiard Room
  • Business Center
  • Lobby
  • Bike Room

Recreation

  • Boat Dock
  • Bike Trail

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $1,754

Security

  • Private Guards
  • Secure Elevator
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$73,137

Year Built

Built in 2017

Lot Details

0

HOA Fees

$8,147 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2017
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 15
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: PRIVE CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal
  • Interior Amenities: Lobby, First Floor Entry
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Flooring: Marble
  • Living Area: 4417
  • Stories: 16
  • Bedroom Features: At Least 1 Bedroom Ground Level

Exterior Features

  • View: Bay, Intracoastal View
  • Exterior Features: Barbeque
  • Construction Type: Concrete Block With Brick
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: PRIVE CONDO
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: 2 Or More Spaces, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Doorman, Elevator Secure, Private Guards

Condo/Co-op/Association

  • Association Fee: 8147
  • Amenities: Barbecue, Bike Storage, Bike/Jog Path, Billiard Room, Boat Dock, Business Center
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Aventura Waterways
  • High School: Michael Krop
  • Middle Or Junior School: Highland Oaks

Lot Info

  • Parcel Number: 28-22-02-054-0600
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 1754

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 73137

Map

About Prive Island Estates

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $73,137 $4,335,000 -- --
2023 $73,137 $4,335,000 $0 $0
2022 $78,696 $4,667,498 $0 $0
2021 $76,632 $4,403,300 $0 $0
2020 $74,620 $4,275,000 $0 $0
2019 $74,826 $4,275,000 $0 $0
2018 $72,941 $4,275,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2025 04/16/25 Price Changed $5,820,000 -1.7% $1,318 / Sq Ft
12/17/2024 12/17/24 Price Changed $5,920,000 -3.0% $1,340 / Sq Ft
04/23/2024 04/23/24 For Sale $6,100,000 +19.6% $1,381 / Sq Ft
03/01/2022 03/01/22 Sold $5,100,000 0.0% $1,155 / Sq Ft
02/01/2022 02/01/22 Pending -- -- --
09/15/2021 09/15/21 Price Changed $5,100,000 -5.6% $1,155 / Sq Ft
02/08/2021 02/08/21 For Sale $5,400,000 -- $1,223 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $5,100,000 Jacobs Law Group
Special Warranty Deed $5,505,400 Attorney
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11574008

MIAMI REALTORS® MLS

APN: 28-2202-054-0600

Florida Miami/Dade County Aventura 33160

5500 Island Estates Dr Unit 1506, Aventura, FL

Homes for Sale in Aventura, FL

This home is located at 5500 Island Estates Dr Unit 1506, Aventura, FL 33160 and is currently priced at $5,820,000, approximately $1,317 per square foot. This property was built in 2017. 5500 Island Estates Dr Unit 1506 is a home located in Miami-Dade County with nearby schools including Aventura Waterways K-8 Center, Highland Oaks Middle School, and Dr Michael M. Krop Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Luis Paredes
Listing Agent
Luis Paredes
Section Image
Million Realty LLC
(786) 250-0705