Home » Aventura » Prive at 5000 Island Estates Dr Aventura » 5000 Island Estates Dr 501S, Aventura, FL 33160 | A11275063

5000 Island Estates Dr 501S, Aventura, FL 33160 | Sold

$4,595,000
closed for a price of $4,380,000

Property Highlights

Listing ID A11275063 Status of this Listing: Closed Sold Property Type Residential Condominium 4 Bedrooms 6 Bathrooms Total 5 Full Bath 1 Half Bath Living Space 3,671 Sqft/341.05 m2 approx. Building Area 5,064 Sqft/470.46 m2 approx. COMMUNITY POOL Year Built 2018 Waterfront Has view of the Ocean Lease Term Minimum Duration: 365 What it means?Refers to a regulation set by the property association, stipulating that each rental agreement for the property must be for a duration of at least 365 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Time of this property from published date until Closing Date 517 Days
40 Photos of this Property

5000 Island Estates Dr 501S, Aventura, FL 33160

Property Description: Experience luxury living in this exquisite corner unit at PRIVE Island. This stunning 4-bedroom, 4-bathroom residence spans over 3600 SqFt and has high-end finishes throughout. Enjoy breathtaking panoramic views of the ocean and inter-coastal from your home. This unit comes with 3 parking spaces, 2 storages, a staff room, and access to a private marina. Don 't miss the chance to call this luxurious property your home. Revel in the extraordinary lifestyle offered by PRIVE, featuring 70,000 SqFt of indoor social spaces, 2 gyms, a private restaurant, massage treatment room, sauna, tennis court, toddlers ' playroom, billiards table, and 2 beautiful pools.

Residential Condominium Sold located at 5000 Island Estates Dr 501S Aventura FL 33160 in Miami-Dade County referenced as ID MLS # A11275063. Find below more comprehensive details about this property. Get in touch with Rebonus, Realtors to arrange a personal viewing or a live video tour, or to submit an offer. If you are a property owner interested in selling a similar property, contact us and receive a free comparative market analysis. We also provide online video calls and meetings.

Useful Info

Contingency:Pending Inspections
Previous Asking Price:$4,990,000
Original List Price:$5,895,000
Close Price:$4,380,000
More Listings Same Building:Prive at 5000 Island Estates Dr Aventura

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural Style:
  • High Rise
Entry Level (floor):5
Entry Level Location:5
Construction Materials:
  • Block
Flooring:
  • Marble
Number of stories:16

Property Features

Has View:Yes
View from the Property:
  • Intercoastal
  • Ocean
  • Bay
Waterfront:Yes
Waterfront Features:
  • Ocean Access
  • Intracoastal Access
  • Bay Front
Swimming Pool Features:
  • Association
Security:
  • Door Man
  • Key Card Entry
  • Elevator Secured
  • Lobby Secured
  • Other
Furnished:
  • Partially
Accessibility Features:
  • Accessible Elevator Installed
Appliances:
  • Dryer
  • Dishwasher
  • Disposal
  • Microwave
  • Other
  • Ice Maker
Interior Features:
  • Eat-in Kitchen
  • Living/dining Room
  • First Floor Entry
  • Dining Area
  • Separate/formal Dining Room
  • Pantry
  • Walk-in Closet(s)
  • Closet Cabinetry
  • Kitchen Island
  • Bedroom On Main Level
  • Entrance Foyer
  • Built-in Features
  • Bar
  • Elevator
  • Separate Shower
  • Dual Sinks
Exterior Features:
  • Security/high Impact Doors
  • Barbecue
  • Balcony
  • Tennis Court(s)
Patio and Porch Features:
  • Balcony
  • Open
Window Features:
  • Blinds
  • Impact Glass
Laundry Features:
  • Washer Hookup
  • Dryer Hookup
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Electric
Heating:Yes
Heating System:
  • Central
  • Electric

Taxes and Expenses

Tax Annual Amount:$14,458

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2021
Association Fee:$1,356
Association Fee Frequency:
  • Monthly
Association Fee 3rd HOA:$6,169
Association Fee 3rd HOA Frequency:
  • Monthly
Property Tax Status:Tax Reflects City & County Tax

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Owner
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Conventional
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Boat Dock
  • Business Center
  • Pool
  • Sauna
  • Spa/hot Tub
  • Billiard Room
  • Bike Storage
  • Clubhouse
  • Playground
  • Elevator(s)
  • Fitness Center
  • Tennis Court(s)
  • Community Kitchen
Subdivision Name:PRIVE SOUTH TOWER
Association Fee Includes:
  • Maintenance Grounds
  • Water
  • Trash
  • Pool(s)
  • Common Areas
  • Parking
  • Hot Water
  • Amenities
Complex Name:PRIVE
Senior Community:No
Restrictions: OK To Lease

Parking

Garage:Yes
Garage Spaces:3
Covered Spaces:3
Parking Features:
  • Two Or More Spaces
  • Assigned
  • Valet

More Details

Other Information:
Unit View: Bay,Intracoastal View,Ocean View
Housing Older Persons Act: Unverified
Water Access: Other
Unit Design: Corner Unit,East Of Us1,High Rise
Type of Association: Condo
Type of Governing Bodies: Homeowner Association
Tax Information: Tax Reflects City & County Tax
Flood Zone : AE
Homeowner's Association Application Fee: 250
Rooms Description: Maid/In-Law Quarters,Other
Style: Condo 5+ Stories
FEMA Flood Zone Designations: AE
Municipal Code: 28
Subdivision Number: 54
Minimum Number of Days for Lease: 365
Number of times allowed to lease per year: 1
Buyer Country of Residence: Unknown/Withheld
Water Access Description:Other

Zoning and Legal

Tax Legal Description:PRIVE CONDO UNIT 501 BLDG SOUTH UNDIV .6671% INT IN COMMON ELEMENTS OFF REC 30790-0092
Real Estate Folio Number (Parcel Number):28-22-02-054-0810
Public Survey Township:28
Public Survey Range:22
Public Survey Section:2

Listing History

Update/EventDate/Days
Published Date:November 1, 2022 3:27 pm
On Market Date:November 1, 2022
Close Date:April 1, 2024
Price Change Date Time:January 8, 2024 10:10 am
Last Important Update Description:Closed
Date and Time of Last Important Update:April 2, 2024 11:09 am
Status Last Changed:April 2, 2024 11:09 am
Photos Last Modified:October 3, 2023 6:25 pm
Last Modified:April 2, 2024 3:10 pm
Days on the Market Reference Date:April 2, 2024
Days on the Market (updated on Last Modified*):394
Cumulative Days on the Market (updated on Last Modified**):394

Additional Information

Unit Location:Corner Unit,East Of Us1,High Rise
Number of Photos Count:40
Area:22
Ref ID:1024427982
Courtesy of:Douglas Elliman
Universal Property Id:US-12086-N-2822020540810-R-N

Location

Show Property Address:Yes
Street Name:Island Estates Dr
Street Number:5000
Street Address:5000 Island Estates Dr 501S
Unit Number:501S
City : Aventura
State : Florida
Zip Code : 33160
County : Miami-Dade County
Full Address:5000 Island Estates Dr 501S, Aventura, FL 33160
Latitude:N25° 56' 46.6''
Longitude:W81° 52' 9.1''

Neighborhood

Postal City:Aventura

Property Map

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