5500 Island Estates Dr PH 1506

About this home

Crowning Aventura’s most exclusive private island enclave, THIS IS THE ONLY DESIGNER-READY PH AVAILABLE FOR SALE AT PRIVE at Island Estates; an exceptionally rare offering and the final opportunity to secure a customizable 2 story sky estate within this ultra-private waterfront sanctuary. Reserved for the most discerning buyer this residence presents a blank architectural canvas poised to become a bespoke legacy home in one of South Florida’s most secure and prestigious addresses.This extraordinary PH is delivered in designer-ready condition, allowing a visionary owner to curate every finish and detail to exact standards. A dramatic 15 foot ceilings in both levels creates a remarkable…

Facts & features

MLS ID

A11966057

Property type

Condominium

Neighborhood

Aventura

Building

Prive

Year built

2017

Beds

5

Baths

6.5

Half baths

1

Interior

4,417 sq ft

Price per sq ft

$1,275

HOA

$9,856 per month

Furnished

Unfurnished

Pets

Yes — conditional

Waterfront

Yes

Covered parking

6

Floor

15

Listed

Feb 16, 2026

Days on market

175

Increased from

$5,550,000

Property tax

$71,953 per year (2025)

Financing accepted

Cash, Conventional

Total area

8,052 sq ft

Exposure

Faces east

Listing conditions

Listed as is

Appliances

Dishwasher, Disposal, Dryer, Ice maker, Microwave, Refrigerator, Self cleaning oven, Washer, Wine cooler

Interior features

Bidet, Breakfast area, Breakfast bar, Convertible bedroom, Dining area, Dual sinks, First floor entry, Jetted tub, Kitchen island, Main level primary, Second floor entry, Separate formal dining room, Separate shower, Split bedrooms, Walk in closets

Exterior features

Balcony, Security high impact doors

Flooring

Concrete, Tile

Windows

Impact glass

Parking

Assigned, Covered, Detached, Detached carport, Garage, Two or more spaces

Pool

Association, Heated

Security

Complex fenced, Door man, Elevator secured, Smoke detectors

Heating

Central, Electric, Heat pump

Cooling

Central air, Electric

HOA covers

Cable TV, Hot water, Internet, Parking, Pools, Security, Trash, Water

Schools

Zoned public schools by county attendance boundary. Boundaries change — confirm enrollment eligibility with the school district before relying on this. Letter grades and School of Excellence designations are the Florida Department of Education’s, each for the year shown beside it.

Elementary

Aventura Waterways K-8 CenterA2025-26Florida Department of Education school grade A, 2025-26 school year

Middle

Highland Oaks MiddleA2025-26Florida Department of Education school grade A, 2025-26 school year

High

Krop, Dr. Michael M. Senior HighC2025-26Florida Department of Education school grade C, 2025-26 school year

Location

5500 Island Estates Dr PH 1506