5500 Island Estates Dr 602, Aventura, FL 33160 — MLS photo

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5500 Island Estates Dr 602, Aventura, FL 33160

Active · Condominium

$3,780,000

5500 Island Estates Dr 602, Aventura, FL 33160

Beds
3
Baths
5
Living area
2,670 sq ft
$ / sq ft
$1,416/sq ft
Year built
2017
Lot size
—
HOA fee
$6,073 Monthly
Annual tax
$43,509

About this property

Unit 602 at Prive Island Estates North Tower showcases numerous high-end UPGRADES, including porcelain tile flooring and designer wallpaper throughout, including the bathrooms. The elegant powder room features marble flooring, a marble sink, and exclusive Hermès wallpaper. Custom Armadi closets, designer mirrors, and a living room highlighted by custom millwork with integrated shelving, a built-in bar, and concealed doors create a seamless, modern aesthetic. Unit is very well decorated by Maris Raffa with high-quality furniture ( Artefacto USA, Restoration & Italian brands) Prive residences offer expansive floor plans with European-style kitchens, soaring 10-foot ceilings, floor-to-ceiling glass, private elevator access, and outdoor summer kitchens. Ideally located on a private island at 5500 Island Estates Drive, the residence enjoys breathtaking water views and exceptional privacy. World-class amenities include a private marina, beach-entry pool, north-south lap pool, lighted tennis court, 10,000-square-foot spa and fitness center, jogging path, business center, private dining and social rooms, private beach, full-service concierge, and more. 2 parking spaces assigned. A must-see unit!

Property location

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5500 Island Estates Dr 602, Aventura, FL 33160

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Facts & features

Interior

Bedrooms
3
Bathrooms
5
Living area
2,670 sq ft
Flooring
Porcelain Tile
Appliances
Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Interior features
Built In Features, Bedroom On Main Level, Dual Sinks, First Floor Entry, Kitchen Island, Living Dining Room, Separate Shower, Walk In Closets, Elevator
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
2017
Stories
16
Construction
Block
Exterior features
Balcony, Barbecue
Waterfront
Bayfront, Other
View
Bay, Intercoastal, Ocean, Water

Parking

Garage spaces
2
Covered spaces
2
Parking features
Assigned, Valet

HOA, Community & Financials

Association fee
$6,073 Monthly
Fee inclusions
Common Areas, Parking, Pools, Sewer, Trash, Water
Amenities
Boat Dock, Billiard Room, Business Center, Fitness Center, Other, Playground, Sauna, Tennis Courts, Elevators
Security
Door Man, Elevator Secured, Lobby Secured, Other
Pets allowed
Conditional, Yes
Annual tax
$43,509
Subdivision
PRIVE CONDO
County
Miami-Dade
Days on market
279
MLS listing ID
A11939974
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$16,142

Cap rate
0.6%
Net yield
0.6%
Cash-on-cash return
-18.3%
Gross yield
4.8%
Mortgage payment
$17,919/mo
Down payment
$945,000
Loan amount
$2,835,000
Annual NOI
$21,326

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.