5500 Island Estates Dr # 1506, Aventura FL 33160 | Miami-Dade County | A11966057
  • $5,550,000

Description

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 Overview

Crowning Aventura’s most exclusive private island enclave, this is the only designer-ready penthouse available for sale at PRIVÉ at Island Estates. With five bedrooms, six full bathrooms, and one half bathroom, the 4,417-square-foot two-story residence offers an exceptional opportunity for a discerning buyer. Built in 2017, the home features 15-foot ceilings on both levels, creating a sense of grand volume and architectural presence. Positioned to maximize natural light and views, floor-to-ceiling windows frame the Atlantic Ocean, Intracoastal Waterway, and city skyline, offering uninterrupted vistas from sunrise to sunset. The residence includes a wraparound terrace exceeding 3,200 square feet, making it a versatile outdoor living space perfect for entertaining or private enjoyment. Delivered in designer-ready condition, this final opportunity allows the new owner to curate every finish and detail to personal standards. Located in a secure and prestigious building, this customizable penthouse sits within one of South Florida’s most sought-after private island communities. The HOA fee is $10,548. For more information or to schedule a viewing, call 305-859-4733.

Frequently Asked Questions

How many bedrooms and bathrooms does this unit have?

This unit features 5 bedrooms and 6 full bathrooms, plus 1 half bathroom.

What are the square footage details?

The unit has 4,417 square feet of living area, with an expansive wraparound terrace exceeding 3,200 square feet.

What is the asking price for this property?

The asking price is $5,550,000.

What are the HOA fees?

The monthly HOA fee is $10,548.

When was the building constructed?

The building at PRIVÉ was constructed in 2017.

Where is the property located?

This unit is located at 5500 Island Estates Dr #1506, Aventura, FL 33160.

Monthly Fees & Carrying Costs

Association Fee $10,548 / month
Total Monthly Fees $10,548 / month
  • Membership Required: No
  • Application Fee: $150 (one-time)

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Talk directly with Christopher Lazaro, your Aventura real estate advisor. No pressure — real answers.

  • Address: Island Estates Dr
  • City: Aventura
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33160
  • Area: PRIVE CONDO, PRIVE

Details

Updated on July 8, 2026 at 1:44 am
  • Property ID A11966057
  • Price $5,550,000
  • Property Size 4417 Sq Ft
  • Bedrooms 5
  • Rooms 10
  • Bathrooms 6.5
  • Garages 3
  • Year Built 2017
  • Type Condominium
  • Property Status Active, Residential

Additional details

  • Flooring Concrete, Tile
  • Bedroom Features Primary Bedroom Ground Level
  • Cooling Central Air, Electric
  • Association Type Homeowners
  • Building PRIVÉ
  • Association Fee Frequency Monthly
  • Area Prive Condo
  • Annual Tax 71953
  • Association Yes
  • Private Pool No
  • Listing Terms All Cash, Conventional
  • Waterfront Yes
  • Full Bathrooms 6
  • Subdivision PRIVE CONDO,PRIVE
  • Total Stories 15
  • Restrictions Auto Parking On, Dock Restrictions, No Daily Rentals
  • Maintenance Includes Cable Tv, Hot Water, Internet/WiFi, Parking, Pool Service, Security, Trash Removal, Water
  • Parking Detached Carport, 2 Or More Spaces, Assigned, Covered, No Trucks/Trailers
  • Heating Central, Electric, Heat Pump/Reverse Cycle
  • Structure Type Condo 5+ Stories, Condo
  • Tax Year 2025
  • Construction Concrete Block Construction, CBS Construction
  • Building Area 8052
  • Covered Spaces 6
  • Unit Floor 15
  • Frontage Bay
  • View Bay, Intracoastal View, Ocean View
  • Year Built Details Resale
  • Pets Allowed Yes
  • Attached Yes
  • Unit Number 1506
  • Inclusions Dock Available,Private Dock, Marina,Other Water Access
  • Half Bathrooms 1
  • Flood Zone AE
  • Patio / Porch Open Balcony
  • New Construction No
  • Garage Spaces 3
  • Style Condo 5+ Stories
  • Association Fee 10548
  • Lot Size (Sq Ft) 0
  • Membership Purchase Required No

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