5500 Island Estates Dr 506, Aventura, FL 33160 — MLS photo

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5500 Island Estates Dr 506, Aventura, FL 33160

Active · Condominium

$3,780,000

5500 Island Estates Dr 506, Aventura, FL 33160

Beds
3
Baths
5
Living area
2,626 sq ft
$ / sq ft
$1,439/sq ft
Year built
2017
Lot size
—
HOA fee
$4,926
Annual tax
—

About this property

Amazing waterfront residence at PRIVE CONDOMINIUM situated on a private island surrounded by water. This unit features a flow-through layout with 3 bedrooms/4.5 baths and family room/Den. Enjoy breathtaking ocean views, Intracoastal, and city skyline. Fully furnished apartment. Prive offers world-class services, top-notch security, and amazing amenities, which include an impressive and modern fitness center, 2 swimming pools and pool bar service, wine and cigar lounge, 24-hour concierge, valet service, tennis court, full-service marina and much more. Property currently tenant-occupied; tenant. will vacate. on June 26, 2026.

Property location

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5500 Island Estates Dr 506, Aventura, FL 33160

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Facts & features

Interior

Bedrooms
3
Bathrooms
5
Living area
2,626 sq ft

Exterior & Structure

Property type
Condominium
Year built
2017

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$4,926
County
Miami-Dade
MLS listing ID
A12030671
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

-$17,425

Cap rate
0.2%
Net yield
0.2%
Cash-on-cash return
-19.8%
Gross yield
4.8%
Mortgage payment
$17,919/mo
Down payment
$945,000
Loan amount
$2,835,000
Annual NOI
$5,926

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