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Waterfront · Condominium
$9,000,000$1,430 / sqft
5500 Island Estates Drive # 1405, Aventura FL 33160
Listed
5
Bedrooms
6
Bathrooms
6,293 sqft
Interior
2017
Year built
$13,867 / mo
HOA
Condominium
Type
About this home
A rare opportunity at Privé: two adjoining residences, Units 1404N and 1405N, beautifully combined to create one exceptional waterfront home. Offering 6,293 SF of interior living space plus approximately 1,826 SF of expansive balconies, this remarkable residence features four bedrooms, maid’s quarters, two dens, and 5.5 bathrooms. Oversized east- and west-facing terraces offer breathtaking views and showcase both sunrise and sunset. Generous proportions, multiple living and entertaining areas, and seamless indoor-outdoor living create the feeling of a private home in the sky. The residence includes four assigned parking spaces and two storage lockers. Privé is an exclusive, guard-gated island enclave offering a private beach, marina, two pools, a tennis court, jogging paths, concierge and valet services, and exceptional fitness and spa facilities. A truly one-of-a-kind sanctuary in the heart of Aventura.
Features
- Bar
- Cooking Island
- Elevator
- Entrance Foyer
- Other
- Walk-In Closet(s)
- Den/Library/Office
- Maid/In-Law Quarters
- Media Room
- Storage
- Utility Room/Laundry
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 5-bed rentals across Miami-Dade, from 27 active listings; the middle half ask $24,500–$49,900.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.