5000 Island Estates Dr

Aventura, FL 33160

$5,895,000

$1,524/ft²

4Beds

5.5Baths

3,867Sq ft

2018Year built

CondoType

About this home

Move into this stunning, 4-bedroom, 5.5-bathroom residence offering 3,927 SF of luxury island living on the 12th floor of Privé South Tower, the sole address on South Florida's last private island. A private elevator opens directly into your grand entrance foyer, where natural marble floors flow throughout. Floor-to-ceiling glass walls rise 10 feet high, framing unobstructed Intracoastal, Bay, and Ocean views from every room. The European-style kitchen features custom white Italian cabinetry and Miele appliances, opening to the expansive living and dining area. Deep 10-foot balconies on east and west exposures with outdoor summer kitchen for year-round entertaining. Five-star amenities include a 10,000 SF gym/spa with steam, sauna, massage rooms, fitness studio, private dining with catering, wine cellar, cigar lounge, social room, toddler's playroom, resort pools, tennis court, and 24-hour security on a gated island. Includes a 65-foot boat slip and 3 covered parking spaces. Minutes from Aventura Mall, Bal Harbour Shops, top schools, and both airports. Steps from your yacht to your elevator, this is the boater's dream. Sold as-is. Privé stands as the crown jewel of the Williams Island community in the City of Aventura. Unparalleled luxury and complete privacy, surrounded by water on every side.

Features

Waterfront
Private pool

Property details

Listing

MLS #: A11987268
Status: For sale
Listed on: Mar 22, 2026
Days on market: 140 days
Listing data updated: Jul 18, 2026

Interior

Beds: 4
Baths: 5.5
Living area: 3,867 ft²
Price per ft²: $1,524/ft²
Unit: 1201

Building & community

Type: Condo
Year built: 2018
HOA fee: $7,571/mo
County: Miami-Dade

Lot & exterior

Waterfront: Yes
Private pool: Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest): $29,808
Property taxes (est.): $5,403
Home insurance (est.): $600
Flood insurance (est.): —
HOA fee: $7,571

Estimated total$43,382*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?

Building structural health (SIRS)

No filing record found

We couldn't find a SIRS filing record for this building in Florida's public DBPR database. That is not a red flag by itself: buildings under three stories are exempt, recent or mailed-in filings may not appear yet, and the name or address on file may differ from this listing.

Questions about this

What is a SIRS and why does it matter?

Since the Surfside collapse, Florida requires condo and co-op buildings three stories or taller to complete a Structural Integrity Reserve Study: an inspection-based plan that forces the association to fund structural repairs (roof, load-bearing walls, plumbing, electrical) instead of deferring them. It matters because underfunded buildings are the ones that surprise owners with large special assessments.

Has this building filed its SIRS?

We didn't find a filing record for this building in the DBPR's public database. Absence of a record does not mean the building is out of compliance — it may be exempt (under three stories), the filing may be recent or on paper, or the recorded name/address may differ. It IS the right question to ask before offering.

What is a special assessment?

A one-off charge the association levies on every owner when reserves don't cover a needed repair — in older coastal buildings they have ranged from a few thousand to over $100,000 per unit. The SIRS exists precisely to make these predictable and funded in advance. Always review the building's budget, reserves and meeting minutes before buying.

What should I check before buying in this building?

Florida law gives buyers the right to review the association's SIRS, milestone inspection reports, budget and reserves — the full study is available from the association by written request. Nilyan requests and walks through these documents with her buyers as part of the offer process.

Source: Florida DBPR public SIRS reporting database. Filing status is self-reported by the association; this is not an audit, inspection or safety certification, and absence of a record does not mean non-compliance. Data as of July 30, 2026.

Want the full structural picture of this building before you offer?