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Waterfront · Condominium
$3,500,000$1,311 / sqft
5000 Island Estates Dr # 607, Aventura FL 33160
Listed
3
Bedrooms
5
Bathrooms
2,670 sqft
Interior
2018
Year built
$5,858 / mo
HOA
Condominium
Type
About this home
Experience private-island living in this beautifully appointed 3-bedroom, 4.5-bath residence offering nearly 3,000 SF of living area and an exceptional flow-through floor plan. Expansive east and west balconies totaling approximately 850 SF of outdoor space capture spectacular water views in both directions, allowing you to enjoy colorful sunrises and sunsets from your own home. Every bedroom and main living area opens directly to a balcony, seamlessly connecting indoor and outdoor living. The spacious primary suite features a generous walk-in closet, large bath, and private balcony access. Two additional ensuite bedrooms are thoughtfully split from the primary and from one another, creating three private bedroom suites. At the heart of the residence, the well-equipped kitchen features a large marble cooking island with bar seating and opens naturally to the living and entertaining areas. Beyond the residence, enjoy the privacy, security, and five-star amenities of an exclusive private-island community, with impeccably maintained facilities and resort-style services creating an extraordinary lifestyle surrounded by stunning water views!
Features
- Cooking Island
- Elevator
- Entrance Foyer
- Split Bedroom
- Open Balcony
- Bay
- Ocean View
- Water View
Leasing
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 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,250–$12,000.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.