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Condominium at 5500 Island Estates Dr # 606N, Aventura FL 33160Active
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Waterfront · Condominium
$3,200,000$1,074 / sqft

5500 Island Estates Dr # 606N, Aventura FL 33160

3
Bedrooms
5
Bathrooms
2,979 sqft
Interior
2017
Year built
$5,856 / mo
HOA
Condominium
Type

About this home

Set within one of South Florida’s most exclusive privately owned island enclaves, residence 606N at Prive presents a rare opportunity to experience truly elevated waterfront living in the heart of Aventura. Positioned within a guard-gated, ultra-private setting accessible only to residents and guests, this expansive residence offers 3 bedrooms, 4 full bathrooms, and 1 half bath across 2,979 square feet of living space. 854 square feet of east-facing terraces complement the interiors, capturing open sky and water views. The interiors are thoughtfully composed with grand yet intimate living and dining spaces framed by floor-to-ceiling impact glass and seamless indoor-outdoor flow. Natural light pours into every corner, enhancing the residence’s clean architectural lines and generous proportions. The primary suite serves as a private retreat, complete with a spa-inspired bathroom designed for restoration and tranquility, along with expansive walk-in closets that deliver exceptional storage and organization. Prive residents enjoy a secured lobby and a comprehensive collection of resort-caliber amenities reserved exclusively for island homeowners. The waterfront pool deck with private café, full-service spa and wellness facilities, tennis and basketball courts, putting green, marina access, and curated recreational spaces create a lifestyle defined by privacy and refinement, all moments from Aventura’s premier shopping, dining, and yachting destinations.

Features

  • Lobby
  • First Floor Entry
  • Built-in Features
  • Other
  • Walk-In Closet(s)
  • East Of Us1
  • Open Balcony
  • Bay
  • Ocean View
  • Water View

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$22,037

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$16,181
HOA
$5,856 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Compass Florida, LLC

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

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 rent, 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. 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.