What did 5000 Island Estates Drive 1503 sell for?

5000 Island Estates Drive 1503 sold for $6,500,000 on Aug 31, 2023, about 93.1% of its last asking price of $6,980,000 and about $1,478 per square foot. Recent sales like this one are what buyers and sellers nearby price against.

What are the association fees at 5000 Island Estates Drive 1503?

The listing reported an association fee of $9,076 per month at the time of the sale. Fees and special assessments change; check the association's current budget before you compare it with another home.

What are the property taxes on 5000 Island Estates Drive 1503?

The listing reported annual property taxes of $71,635 for 2021. Taxes are reassessed at the sale price after a purchase, so the new owner's bill will differ from that figure.

When was 5000 Island Estates Drive 1503 built?

5000 Island Estates Drive 1503 was built in 2018 and the listing describes its condition as new construction. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.

How long was 5000 Island Estates Drive 1503 on the market?

5000 Island Estates Drive 1503 was on the market for 324 days before it sold, after the asking price was reduced from $7,450,000 to $6,980,000.

Is 5000 Island Estates Drive 1503 waterfront?

Yes. The listing described the water as ocean access other canal front bayfront intracoastal.

Is 5000 Island Estates Drive 1503 still for sale?

No. 5000 Island Estates Drive 1503 sold on Aug 31, 2023. BreakThru Realty can show you similar homes for sale nearby, or tell you what a home like yours would sell for today; call or text and a licensed agent will follow up.

5000 Island Estates Drive 1503, Aventura, FL 33160

Sold $6,500,000 · Aug 31, 2023

Last asking price $6,980,000 · 93.1% of asking · 324 days on market

Similar Homes for Sale Nearby

5000 Island Estates Drive 1201, Aventura, FL 33160 · $5,595,000 · 4 bd · 6 ba · 3,867 sq ft
15701 Collins Avenue 4601, Sunny Isles Beach, FL 33160 · $7,448,000 · 3 bd · 5 ba · 3,080 sq ft
18501 Collins Avenue 2704, Sunny Isles Beach, FL 33160 · $7,835,000 · 4 bd · 5 ba · 3,625 sq ft
17749 Collins Avenue 2501, Sunny Isles Beach, FL 33160 · $8,150,000 · 3 bd · 7 ba · 4,609 sq ft

6 beds
8 baths
4,399 sq ft
Condominium
Built 2018
New Construction
HOA $9,076/mo
4 garage spaces
Miami-Dade County
MLS# A11276556
Prive Condo

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Photo 2 at 5000 Island Estates Drive 1503, Aventura

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Photo 4 at 5000 Island Estates Drive 1503, Aventura

Photo 5 at 5000 Island Estates Drive 1503, Aventura

Photo 6 at 5000 Island Estates Drive 1503, Aventura

Photo 7 at 5000 Island Estates Drive 1503, Aventura

Photo 8 at 5000 Island Estates Drive 1503, Aventura

About this home

Beautiful Premium True Luxury PH on select Prive Island Decorator Ready. 6 Bedrooms 6 Bathrooms 2-1/2 Bathroom 4 Parking Spaces and valet. Indoor and Outdoor Life style Pools, and Summer Kitchen inside the Unit with Direct Water Views and City Skylines. Unit Includes a BOAT DECK On Site Marina to enjoy water sports and boating. 70,000sf of Amenity Space. ONLY PH never lived decorator ready, in the exclusive Prive island located in Aventura. Beautiful 5 bed 6 bath 2 half bath, enjoy the breathtaking views of the ocean sandy beaches and city lights with elite world class accomodations VIP Service and 5 star amenities including a cigar lounge with private humidors, private wine cellar, library , billard room, business center, kids playground, gym,spa,tennis courts,full service beach, and pool. Residents all ages and interest are sure to enjoy the island lifestyle centrally located near Wonderful resturants, superb shopping, and top rated private / public schools. PRIVE ISLAND in Aventura , Florida is an ultra-luxury condo development situated on a private 8-acre island surrounded by the water of South Florida intracoastal water way. Prive Island consist of 2, twin luxury towers each offering 79 best spoke residences. Prive offers luxury amenities, and services including a 2- story 10,000 square foot fitness center and spa, beautiful pool deck withal pool, beach entry pool and outdoor whirlpool, lighted tennis court , jogging trail , private marina with boar slips, kids playground, full canal Intracoastal view, ocean view, skyline view, tennis court water view, 4 parking spaces , marina available.

Features

Kitchen Island
Other
Bedroom Layout - Split
Barbecue
Balcony
Ocean Access
Other
Canal Front
Bayfront
Intracoastal
Private

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

PMG Residential LLC · bkoles@propertymgresidential.com · Listing agent: Carlos Julio Hernandez

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Thinking of Selling Nearby?

5000 Island Estates Drive 1503 sold on Aug 31, 2023. Your buyer may already be looking. BreakThru Realty works with hundreds of prequalified buyers searching for properties. A broker compares your home at Privé with this sale and the closings nearest it, checks it against the buyers on file and calls you with your selling options. Find Out If We Have Your Buyer, or see homes for sale in Aventura. Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com.

Questions About 5000 Island Estates Drive 1503

What did 5000 Island Estates Drive 1503 sell for?: 5000 Island Estates Drive 1503 sold for $6,500,000 on Aug 31, 2023, about 93.1% of its last asking price of $6,980,000 and about $1,478 per square foot. Recent sales like this one are what buyers and sellers nearby price against.
What are the association fees at 5000 Island Estates Drive 1503?: The listing reported an association fee of $9,076 per month at the time of the sale. Fees and special assessments change; check the association's current budget before you compare it with another home.
What are the property taxes on 5000 Island Estates Drive 1503?: The listing reported annual property taxes of $71,635 for 2021. Taxes are reassessed at the sale price after a purchase, so the new owner's bill will differ from that figure.
When was 5000 Island Estates Drive 1503 built?: 5000 Island Estates Drive 1503 was built in 2018 and the listing describes its condition as new construction. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long was 5000 Island Estates Drive 1503 on the market?: 5000 Island Estates Drive 1503 was on the market for 324 days before it sold, after the asking price was reduced from $7,450,000 to $6,980,000.
Is 5000 Island Estates Drive 1503 waterfront?: Yes. The listing described the water as ocean access other canal front bayfront intracoastal.
Is 5000 Island Estates Drive 1503 still for sale?: No. 5000 Island Estates Drive 1503 sold on Aug 31, 2023. BreakThru Realty can show you similar homes for sale nearby, or tell you what a home like yours would sell for today; call or text and a licensed agent will follow up.

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Aventura neighborhoods include Harbor Village and Aventura Lakes. Nearby ZIP codes include 33180 and 33162. This property also neighbors Sunny Isles Beach, Golden Beach, and North Miami Beach. Compare it with the Aventura housing market report.