5000 Island Estates Dr 1201, Aventura, FL 33160 — MLS photo

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5000 Island Estates Dr 1201, Aventura, FL 33160

Active · Condominium

$5,795,000

5000 Island Estates Dr 1201, Aventura, FL 33160

Beds
4
Baths
6
Living area
3,867 sq ft
$ / sq ft
$1,499/sq ft
Year built
2018
Lot size
—
HOA fee
$7,571 Monthly
Annual tax
$56,321

About this property

Move into this stunning, 4-bedroom, 5.5-bathroom residence offering 3,927 SF of luxury island living on the 12th floor of Privé South Tower, the sole address on South Florida's last private island. A private elevator opens directly into your grand entrance foyer, where natural marble floors flow throughout. Floor-to-ceiling glass walls rise 10 feet high, framing unobstructed Intracoastal, Bay, and Ocean views from every room. The European-style kitchen features custom white Italian cabinetry and Miele appliances, opening to the expansive living and dining area. Deep 10-foot balconies on east and west exposures with outdoor summer kitchen for year-round entertaining. Five-star amenities include a 10,000 SF gym/spa with steam, sauna, massage rooms, fitness studio, private dining with catering, wine cellar, cigar lounge, social room, toddler's playroom, resort pools, tennis court, and 24-hour security on a gated island. Includes a 65-foot boat slip and 3 covered parking spaces. Minutes from Aventura Mall, Bal Harbour Shops, top schools, and both airports. Steps from your yacht to your elevator, this is the boater's dream. Sold as-is. Privé stands as the crown jewel of the Williams Island community in the City of Aventura. Unparalleled luxury and complete privacy, surrounded by water on every side.

Property location

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5000 Island Estates Dr 1201, Aventura, FL 33160

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Facts & features

Interior

Bedrooms
4
Bathrooms
6
Living area
3,867 sq ft
Flooring
Marble
Appliances
Built In Oven, Dryer, Dishwasher, Electric Range, Disposal, Refrigerator, Wine Cooler, Washer
Cooling
Central Air
Heating
Central
Interior features
Entrance Foyer, Eat In Kitchen, Living Dining Room, Other, Walk In Closets, Elevator

Exterior & Structure

Property type
Condominium
Year built
2018
Stories
15
Architectural style
High Rise
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Security High Impact Doors
Waterfront
Bayfront, Intracoastal Access, No Fixed Bridges
View
Bay, Intercoastal, Ocean

Parking

Garage spaces
3
Covered spaces
3
Parking features
Assigned, Covered, Two Or More Spaces

HOA, Community & Financials

Association fee
$7,571 Monthly
Fee inclusions
Association Management, Amenities, Common Areas, Maintenance Grounds, Pest Control, Pools, Trash, Water
Amenities
Billiard Room, Bike Storage, Business Center, Clubhouse, Fitness Center, Playground, Pool, Sauna, Storage, Tennis Courts, Trash, Elevators
Security
Closed Circuit Cameras, Elevator Secured, Secured Garage Parking, Key Card Entry, Lobby Secured, Security Guard, Smoke Detectors
Pets allowed
Size Limit, Yes
Annual tax
$56,321
Subdivision
PRIVE CONDO
County
Miami-Dade
Days on market
141
MLS listing ID
A11987268
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

-$22,509

Cap rate
1.0%
Net yield
1.0%
Cash-on-cash return
-16.6%
Gross yield
4.7%
Mortgage payment
$27,471/mo
Down payment
$1,448,750
Loan amount
$4,346,250
Annual NOI
$59,550

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