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Condominium at 5500 Island Estates Dr # 602, Aventura FL 33160Active
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Waterfront · Condominium
$3,780,000$1,416 / sqft

5500 Island Estates Dr # 602, Aventura FL 33160

3
Bedrooms
5
Bathrooms
2,670 sqft
Interior
2017
Year built
$6,073 / mo
HOA
Condominium
Type

About this home

Unit 602 at Prive Island Estates North Tower showcases numerous high-end UPGRADES, including porcelain tile flooring and designer wallpaper throughout, including the bathrooms. The elegant powder room features marble flooring, a marble sink, and exclusive Hermès wallpaper. Custom Armadi closets, designer mirrors, and a living room highlighted by custom millwork with integrated shelving, a built-in bar, and concealed doors create a seamless, modern aesthetic. Unit is very well decorated by Maris Raffa with high-quality furniture ( Artefacto USA, Restoration & Italian brands) Prive residences offer expansive floor plans with European-style kitchens, soaring 10-foot ceilings, floor-to-ceiling glass, private elevator access, and outdoor summer kitchens. Ideally located on a private island at 5500 Island Estates Drive, the residence enjoys breathtaking water views and exceptional privacy. World-class amenities include a private marina, beach-entry pool, north-south lap pool, lighted tennis court, 10,000-square-foot spa and fitness center, jogging path, business center, private dining and social rooms, private beach, full-service concierge, and more. 2 parking spaces assigned. A must-see unit!

Features

  • First Floor Entry
  • Built-in Features
  • Cooking Island
  • Elevator
  • Walk-In Closet(s)
  • Storage
  • Utility Room/Laundry
  • East Of Us1
  • Barbeque
  • Open Balcony
  • Bay
  • Intracoastal View
  • Ocean View
  • Water View

Location

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

Estimated loan & HOA

$25,187

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

Principal & interest
$19,114
HOA
$6,073 / 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
Serhant

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.