Home » Aventura » Prive at 5000 Island Estates Dr Aventura » 5000 Island Estates Dr 1503, Aventura, Florida 33160 | A11276556

5000 Island Estates Dr 1503, Aventura, Florida 33160 | Sold

$6,980,000
closed for a price of $6,500,000

Property Highlights

Listing ID A11276556 Status of this Listing: Closed Sold Property Type Residential Condominium 6 Bedrooms 8 Bathrooms Total 6 Full Bath 2 Half Bath Living Space 4,399 Sqft/408.68 m2 approx. Building Area 4,399 Sqft/408.68 m2 approx. Year Built 2018 Waterfront Has view of the Ocean Lease Term Minimum Duration: 360 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 360 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 318 Days
42 Photos of this Property

5000 Island Estates Dr 1503, Aventura, Florida 33160

Property Description: Beautiful Premium True Luxury PH on select Prive Island Decorator Ready. 6 Bedrooms 6 Bathrooms 2-1/2 Bathroom 4 Parking Spaces and valet. Indoor and Outdoor Life style Pools, and Summer Kitchen inside the Unit with Direct Water Views and City Skylines. Unit Includes a BOAT DECK On Site Marina to enjoy water sports and boating. 70,000sf of Amenity Space.

Useful Info

Contingency:No Contingencies
Previous Asking Price:$7,450,000
Original List Price:$7,450,000
Close Price:$6,500,000
More Listings Same Building:Prive at 5000 Island Estates Dr Aventura

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • New Construction
Architectural Style:
  • High Rise
  • Split-level
  • Penthouse
Levels:Two
Entry Level (floor):15
Entry Level Location:15
Construction Materials:
  • Block
Flooring:
  • Other
Number of stories:15
Number of Units in the Community or Building:80

Property Features

Has View:Yes
View from the Property:
  • Pool
  • Intercoastal
  • Ocean
  • Water
  • City
  • Bay
  • Tennis Court
Waterfront:Yes
Waterfront Features:
  • Ocean Access
  • Canal Front
  • Intracoastal Access
  • Bay Front
Security:
  • Smoke Detector(s)
  • Fire Sprinkler System
Accessibility Features:
  • Accessible Elevator Installed
Appliances:
  • Dryer
  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator
  • Washer
  • Ice Maker
  • Self Cleaning Oven
  • Trash Compactor
Interior Features:
  • Eat-in Kitchen
  • Living/dining Room
  • First Floor Entry
  • Breakfast Area
  • Split Bedrooms
  • Kitchen Island
  • Family/dining Room
  • Second Floor Entry
  • Main Level Primary
  • Sitting Area In Primary
  • Separate Shower
  • Dual Sinks
  • Bidet
  • Jetted Tub
Exterior Features:
  • Deck
  • Security/high Impact Doors
  • Barbecue
  • Balcony
  • Patio
Patio and Porch Features:
  • Patio
  • Deck
  • Balcony
  • Open
Window Features:
  • Impact Glass
Laundry Features:
  • Washer Hookup
  • Dryer Hookup
Green Energy Efficient:
  • Appliances
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central
Property Entrance Faces:
  • Southeast

Taxes and Expenses

Tax Annual Amount:$71,635

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:$9,076
Association Fee Frequency:
  • Monthly

Terms

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

Community

Pets Allowed?:
  • Size Limit (There are size restrictions on allowed pets)
  • Yes
Amenities Provided by the Homeowner's Association (HOA):
  • Boat Dock
  • Business Center
  • Library
  • Marina
  • Pool
  • Spa/hot Tub
  • Bike Storage
  • Cabana
  • Clubhouse
  • Playground
  • Barbecue
  • Elevator(s)
  • Fitness Center
  • Picnic Area
  • Tennis Court(s)
  • Trail(s)
Subdivision Name:PRIVE CONDO
Association Fee Includes:
  • Maintenance Grounds
  • Sewer
  • Water
  • Trash
  • Pest Control
  • Pool(s)
  • Security
  • Maintenance Structure
  • Association Management
  • Parking
  • Amenities
Complex Name:PRIVE SOUTH
Senior Community:No
Development Name:PRIVE ISLAND
Development Status:
  • New Construction
Restrictions: No Recreational Vehicles RV, No Truck, Okay to Lease within 1st Year of Ownership

Parking

Garage:Yes
Garage Spaces:4
Covered Spaces:4
Parking Features:
  • Two Or More Spaces
  • Covered
  • Assigned
  • Valet

Utilities

Utilities Available:
  • Cable Available

More Details

Other Information:
Unit View: Bay,Intracoastal View,Ocean View,Pool Area View,Skyline View,Tennis Court View,Water View
Housing Older Persons Act: Unverified
Water Access: Other
Boat Services: Community Marina,Dock Available,Private Dock,Up to 60 Ft Boat,Water Available
Unit Design: High Rise,Penthouse,Split Level
Type of Association: Condo
Minimum Number of Days for Lease: 360
Type of Governing Bodies: Homeowner Association
Tax Information: Tax Reflects No Homestead Tax
Buyer Country of Residence: Other
Number of times allowed to lease per year: 1
Flood Zone : AE
Homeowner's Association Application Fee: 250
Rooms Description: Family Room,Great Room,Other
Style: Condo 5+ Stories
FEMA Flood Zone Designations: AE
Municipal Code: 28
Subdivision Number: 54

Zoning and Legal

Tax Legal Description:PRIVE CONDO UNIT 1503 BLDG SOUTH UNDIV .8593 % INT IN COMMON ELEMENTS OFF REC 30790-0092
Real Estate Folio Number (Parcel Number):28-22-02-054-1100
Public Survey Township:28
Public Survey Range:22
Public Survey Section:6

Listing History

Update/EventDate/Days
Published Date:October 17, 2022 11:38 am
On Market Date:September 21, 2022
Close Date:August 31, 2023
Price Change Date Time:June 29, 2023 6:47 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:September 3, 2023 1:26 pm
Status Last Changed:September 3, 2023 1:26 pm
Photos Last Modified:October 17, 2022 3:54 pm
Last Modified:September 3, 2023 5:27 pm
Days on the Market (updated on Last Modified*):324
Cumulative Days on the Market (updated on Last Modified**):663

Additional Information

Unit Location:High Rise,Penthouse,Split Level
Number of Photos Count:42
Area:22
Ref ID:1023527526
Courtesy of:PMG Residential LLC
Universal Property Id:US-12086-N-2822020541100-R-N

Location

Show Property Address:Yes
Street Name:Island Estates Dr
Street Number:5000
Street Address:5000 Island Estates Dr 1503
Unit Number:1503
City : Aventura
State : Florida
Zip Code : 33160
County : Miami-Dade County
Full Address:5000 Island Estates Dr 1503, Aventura, Florida 33160
Latitude:N25° 56' 49''
Longitude:W81° 52' 9.7''

Neighborhood

Postal City:Aventura

Property Map

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