3916 Island Estates Dr, Aventura, FL 33160 — MLS photo

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3916 Island Estates Dr, Aventura, FL 33160

Active · SingleFamilyResidence

$19,990,000

3916 Island Estates Dr, Aventura, FL 33160

Beds
6
Baths
7
Living area
6,932 sq ft
$ / sq ft
$2,884/sq ft
Year built
2001
Lot size
12,177 sq ft
HOA fee
—
Annual tax
$88,340

About this property

One of South Florida's most extraordinary waterfront estates, set on an exclusive private island within the 24/7 gated enclave of Island Estates, Aventura. Surrounded by the Intracoastal Waterway, this magnificent 3-story residence offers breathtaking panoramic water views from virtually every room — the kind of views that truly take your breath away. Soaring double-height curved glass walls flood the interiors with natural light and frame the shimmering water beyond. The gourmet chef's kitchen anchors a grand open living space with a Calacatta marble island, custom cabinetry and professional appliances. A dedicated bar room with floor-to-ceiling illuminated glass wine cellar sets the stage for unforgettable entertaining. The spa master suite features a custom Italian walnut walk-in closet, a luxurious bathroom and private balcony with sweeping water views. Outside, a heated infinity pool and spa overlook the Intracoastal, complemented by a fully equipped summer kitchen with live-edge bar, designer outdoor lounge and private waterfront deck framed by mature palms and the spectacular Aventura skyline. A true boater's paradise: included in the sale is a private 100-foot slip at Island Estates Marina with direct ocean access via Haulover Inlet. 6 bedrooms, 7 bathrooms, guest house, staff quarters, 6,932 sq ft. Sold completely turn-key — fine art, custom sculptures, Italian designer furniture and all furnishings included. Arrive and begin living.

Property location

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3916 Island Estates Dr, Aventura, FL 33160

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Facts & features

Interior

Bedrooms
6
Bathrooms
7
Living area
6,932 sq ft
Flooring
Marble, Other
Appliances
Dryer, Dishwasher, Electric Water Heater, Disposal
Cooling
Central Air, Ceiling Fans
Heating
Central
Interior features
Breakfast Area, Bathtub, Dining Area, Separate Formal Dining Room, Dual Sinks, First Floor Entry, Separate Shower, Third Floor Entry, Elevator
Furnished
Furnished

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2001
Lot size
12,177 sq ft
Architectural style
Detached, Mediterranean
Roof
Barrel
Construction
Block
Exterior features
Balcony, Barbecue, Deck, Security High Impact Doors, Lighting, Outdoor Grill, Patio, Tennis Courts
Pool
Automatic Chlorination, Heated, In Ground, Other, Pool, Community
Spa
Heated, In Ground, Community
Waterfront
Bayfront, Canal Access, No Fixed Bridges, Ocean Access
View
Bay, Intercoastal, Lagoon, Lake, Water

Parking

Garage spaces
3
Covered spaces
3
Parking features
Attached, Electric Vehicle Charging Stations, Garage, Garage Door Opener

HOA, Community & Financials

Security
Security Gate, Gated Community, Security Guard
Pets allowed
No
Annual tax
$88,340
Subdivision
ISLAND ESTATES
County
Miami-Dade
Days on market
1
MLS listing ID
A12001330
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

-$53,080

Cap rate
2.5%
Net yield
2.5%
Cash-on-cash return
-11.4%
Gross yield
4.0%
Mortgage payment
$94,763/mo
Down payment
$4,997,500
Loan amount
$14,992,500
Annual NOI
$500,190

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