5500 Island Estates Dr PH 1506, Aventura, FL 33160 — MLS photo

Get More Info About This Property

5500 Island Estates Dr PH 1506, Aventura, FL 33160

Active · Condominium

$6,630,000

5500 Island Estates Dr PH 1506, Aventura, FL 33160

Beds
5
Baths
7
Living area
4,417 sq ft
$ / sq ft
$1,501/sq ft
Year built
2017
Lot size
—
HOA fee
$9,856
Annual tax
—

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.

Property location

Get Directions

5500 Island Estates Dr PH 1506, Aventura, FL 33160

Loading property location…

Facts & features

Interior

Bedrooms
5
Bathrooms
7
Living area
4,417 sq ft

Exterior & Structure

Property type
Condominium
Year built
2017

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$9,856
County
Miami-Dade
MLS listing ID
A11966057
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

-$32,086

Cap rate
-0.1%
Net yield
-0.1%
Cash-on-cash return
-20.7%
Gross yield
4.7%
Mortgage payment
$31,430/mo
Down payment
$1,657,500
Loan amount
$4,972,500
Annual NOI
-$7,876

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