$11,500,000
SOLD JUL 7, 2025

3918 Island Estates Dr Miami, FL 33160

4 Beds
5 Baths
5,132 Sq Ft
0.28 Acres

Recently Sold

$2,241 Per Sq Ft

2% Below List Price

103 Days on Market

Highlights

  • Marina
  • Property has ocean access
  • Boating
  • Aventura Waterways K-8 Center Rated A-
  • Deeded Boat Dock
  • Property fronts an intracoastal waterway

About This Home

As of July 2025

Step into waterfront luxury in Island Estates, Aventura’s exclusive gated enclave with just 22 homes. This architectural masterpiece offers breathtaking Intracoastal views, 40-ft ceilings, and a 110-ft private boat slip at the island’s premier marina. Designed for elegance and entertainment, this 4-bed, 4.5-bath estate features an open living space, a glass-enclosed wine cellar, and a chef’s kitchen with top-tier appliances. Private waterfront terraces offer a serene retreat, while the spa-inspired primary suite boasts a wet bar, walk-in closets, and a lavish ensuite. More than a home—it’s sophisticated, exclusive living.

Last Agent to Sell the Property

Ruth Abeckjerr

Miami Connections Realty LLC License #0536378 Listed on: 03/26/2025

Last Buyer's Agent

Ricardo Schilkrut

One Sotheby's International Realty License #3516914

One Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $75,214

Year Built

  • Built in 2002

Lot Details

  • 0.28 Acre Lot
  • 60 Ft Wide Lot
  • Property fronts an intracoastal waterway
  • West Facing Home
  • Property is zoned 0600

HOA Fees

  • $4,200 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway
  • Open Parking

Property Views

  • Intracoastal
  • Bay

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 5,132 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Furnished
  • Furniture for Sale
  • Built-In Features
  • Vaulted Ceiling
  • Formal Dining Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 5 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • Complete Impact Glass
  • High Impact Door

Outdoor Features

  • Heated In Ground Pool
  • Property has ocean access
  • No Fixed Bridges
  • Deeded Boat Dock
  • Balcony
  • Deck
  • Outdoor Grill
  • Porch

Schools

  • Highland Oaks Middle School
  • Michael Krop High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 28-22-10-085-0100

Community Details

Overview

  • Island Estates,Island Estates Subdivision
  • Maintained Community

Recreation

  • Boating
  • Marina
  • Fitness Center

Additional Features

  • Clubhouse
  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$75,214

Year Built

Built in 2002

Lot Details

0

HOA Fees

$4,200 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Dock,Dock Available,Private Dock, Community Marina,Dock Available,Over 101 Ft Boat
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: ISLAND ESTATES,Island Estates
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Split Bedroom, Vaulted Ceiling(s), Volume Ceilings, Walk-In Closet(s), Wet Bar, Utility Room/Laundry
  • Full Bathrooms: 5
  • Total Bedrooms: 4
  • Door Features: High Impact Doors
  • Flooring: Marble, Wood
  • Furnished: Furniture For Sale, Furnished
  • Living Area: 5132
  • Possible Use: Unknown/Withheld
  • Window Features: Clear Impact Glass, Complete Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Upstairs
  • Dining Room Features: Formal Dining
  • Living Room Features: Utility Room/Laundry
  • Master Bathroom Features: Separate Tub & Shower

Exterior Features

  • Roof: Barrel Roof
  • View: Bay, Intracoastal View
  • Exterior Features: Built-In Grill, Open Balcony
  • Construction Type: Concrete Block Construction
  • Direction Faces: West
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Deck, Open Balcony, Open Porch
  • Pool Features: In Ground, Heated
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Intracoastal Front, No Fixed Bridges
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: ISLAND ESTATES
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association Fee: 4200
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Boating, Clubhouse, Exercise Room, Maintained Community, Security Patrol, Sidewalks

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • High School: Michael Krop
  • Middle Or Junior School: Highland Oaks

Lot Info

  • Parcel Number: 28-22-10-085-0100
  • Lot Size Sq Ft: 12189
  • Zoning: 0600

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 75214

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2015
Closed on
Apr 29, 2016
Sold by
Salant Kanofsky Camille B
Bought by
Marion Vander Leegte Gerard and Marion Van Der Leegte
Seller's Agent
Joanna Tessler
Douglas Elliman
Buyer's Agent
Ruth Abeckjerr
Miami Connections Realty LLC
List Price
$4,400,000
Sold Price
$3,675,000
Premium/Discount to List
-$725,000
-16.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.14%
Original Mortgage
$3,511,429
Outstanding Balance
$2,809,188
Interest Rate
3.73%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$4,160,099

Purchase Details

Listed on
Oct 22, 2015
Closed on
Apr 25, 2016
Sold by
Salant Kanofsky Camille B
Bought by
The Van Der Leegte Revocable Trust
Seller's Agent
Joanna Tessler
Douglas Elliman
Buyer's Agent
Ruth Abeckjerr
Miami Connections Realty LLC
List Price
$4,400,000
Sold Price
$3,675,000
Premium/Discount to List
-$725,000
-16.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,511,429
Outstanding Balance
$2,809,188
Interest Rate
3.73%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$4,160,099

Purchase Details

Closed on
Oct 4, 2012
Sold by
Salant Kanofsky Camille B and Salant Rubin
Bought by
Rubin Salant Revocable Trust

Purchase Details

Closed on
Oct 20, 2009
Sold by
Salant Rubin
Bought by
Salant Rubin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.01%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 7, 2000
Sold by
Gary Cohen Tr
Bought by
Two Island Development Corp
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,675,000 Attorney
Quit Claim Deed -- Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Deed $475,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,511,429 Future Advance Clause Open End Mortgage
Previous Owner $2,000,000 Credit Line Revolving
Previous Owner $1,000,000 New Conventional
Previous Owner $1,000,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 Sold $11,500,000 -1.7% $2,241 / Sq Ft
03/26/2025 03/26/25 For Sale $11,700,000 +218.4% $2,280 / Sq Ft
04/25/2016 04/25/16 Sold $3,675,000 -16.5% $660 / Sq Ft
10/22/2015 10/22/15 For Sale $4,400,000 0.0% $790 / Sq Ft
12/13/2013 12/13/13 Rented $15,000 -14.3% --
11/13/2013 11/13/13 Under Contract -- -- --
10/24/2013 10/24/13 For Rent $17,500 -- --
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $75,214 $4,146,751 -- --
2024 $68,733 $3,769,774 -- --
2023 $68,733 $3,427,068 $0 $0
2022 $54,637 $3,115,517 $0 $0
2021 $49,775 $2,832,289 $1,713,902 $1,118,387
2020 $47,439 $2,690,059 $1,558,095 $1,131,964
2019 $53,537 $3,031,033 $1,558,095 $1,472,938
2018 $52,456 $3,047,176 $1,558,095 $1,489,081
2017 $54,916 $3,145,945 $0 $0
2016 $55,011 $3,084,924 $0 $0
2015 $56,136 $3,084,797 $0 $0
2014 -- $2,240,658 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11770952

MIAMI REALTORS® MLS

APN: 28-2210-085-0100