14 days on rocket

5500 Island Estates Dr Unit 705, Aventura, FL, 33160

$3,950,000

4 Bedrooms
5 Full Baths, 1 Partial
3,120 SqFt
$1,266/SqFt
Condo

Location

Image provided by Mapbox

Property Highlights

Home TypeCondominium
ParkingAttached, Garage, Two or More Spaces
Attached Garage2 spaces
Year Built2017
HeatingCentral, Electric
CoolingElectric
WaterfrontWater Access, Ocean Access
ViewBay, Intercoastal, Ocean
MLS #A11680496
StatusActive

About 5500 Island Estates Dr Unit 705

Experience Prive Island in Aventura. This stunning 4-bed, 5.5-bath residence offers breathtaking water views of Sunny Isles and the Intracoastal. Appointments include a terrace w/ outdoor kitchen, expansive living areas w/natural light, private foyer currently converted into a small office; gourmet kitchen, and spacious bedrooms with en-suite baths. Large pantry and extra fridge/freezer. The principal suite includes a spa-like bathroom and ample closet space. Smart Home. Dropped ceilings throughout for recessed led lighting. Electric black out shades. Prive Island amenities include a gym, pools, stylish lounges, tennis court, a children's lounge, a scenic walking path, and a wine cellar. Prive Island, an enclave where you will experience the utmost privacy in sophisticated setting.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 2017
  • Living Area: 3,120 SqFt

Listing Office:

  • Office Name: Compass Florida, LLC.
  • Office Phone: (305) 773-0253
  • Listing Agent: Adriana Faerman

Interior Features

Interior Information:

  • Appliances: Oven, Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Trash Compactor, Washer
  • Flooring Type: Marble
  • Interior: Bedroom on Main Level, First Floor Entry

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 5
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Water Access, Ocean Access
  • View: Bay, Intercoastal, Ocean
  • Exterior: Balcony, Barbecue

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Garage, Two or More Spaces

Virtual/3D Tour

  • Virtual Tour: 5500 Island Estates Dr Unit 705
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Electric

School Info

Assigned Schools Information:

  • Dr. Michael M. Krop Senior High School, Public Magnet Grades 9-12
  • Highland Oaks Middle School, Public District Grades 6-8
  • Aventura Waterways K-8 Center, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,950,000
  • Price Per SqFt: $1,266/SqFt

HOA Fees:

  • Amount: $6875
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Aventura, FL.

Med. Sold Price

$500K

Med. Price/SqFt

$382

Avg. Days On Market

70

# of Sold Homes

51

5500 Island Estates Dr Unit 705 vs Aventura

14 DAYS ON ROCKET

-56 Days

$3,950,000

+$3.4M More

$1,266/SqFt

+$884 More

KEY TAKEAWAY

This property is $3.4M more than the Median Sold Price and $884/SqFt more than other homes in Aventura, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11680496

Listing Office:

  • Office Name: Compass Florida, LLC.
  • Office Phone: (305) 773-0253
  • Listing Agent: Adriana Faerman

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 11:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$26.6K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$11.9K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2073439
8
/10
  • Aventura Waterways K-8 Center

  • 21101 NE 26th Ave

  • 2.01 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2073440
4
/10
  • Highland Oaks Middle School

  • 2375 NE 203rd St

  • 1.88 miles

  • Public District Grades 6-8

High School

school-card-donut-2073441
4
/10
  • Dr. Michael M. Krop Senior High School

  • 1410 NE 215th St

  • 3.30 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $116,379. The majority of Aventura, FL residents have income $200k+ annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5500 Island Estates Dr Unit 705

What is the listing price of this property?

The listing price of 5500 Island Estates Dr Unit 705 property is $3,950,000.

What type of property is this?

The property 5500 Island Estates Dr Unit 705 is a condo located in Aventura, Florida, 33160.

Is this property for sale now?

Active Listing: 5500 Island Estates Dr Unit 705 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5500 Island Estates Dr Unit 705 are:
Aventura Waterways K-8 Center: GreatSchools Rating 8/10
Highland Oaks Middle School: GreatSchools Rating 4/10
Dr. Michael M. Krop Senior High School: GreatSchools Rating 4/10

How many bedrooms and bathrooms does this property have?

The property at 5500 Island Estates Dr Unit 705 has 4 bedrooms and 5 full and 1 half bathrooms.

What is the square footage of this property?

The property 5500 Island Estates Dr Unit 705 is 3,120 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5500 Island Estates Dr Unit 705 is 2017.
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Rocket HomesFloridaMiami-Dade CountyAventura331605500 Island Estates Dr Unit 705

This home is located at 5500 Island Estates Dr Unit 705 in Aventura, FL and zip code 33160 in the Privé neighborhood. This 3,120 square foot home was built in 2017. Features: 4 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since October 22, 2024 and is currently priced at $3,950,000.

Over 0 listings were sold over their listed price in October 2024 in Aventura, FL. In the same period over 47 listings were sold below the listed price and 4 listings were sold for the listed price. The inventory of homes for sale in Aventura, FL between September 2024 and October 2024 increased by 13.9%. In October 2024, listings were on the market for 70 days. During the same period, the median list price in this real estate market was $500,000.

From Rocket Homes Real Estate and based on county public records data.

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