NOT LISTED FOR SALE

Prive Island Estates 5000 Island Estates Dr Unit 705S Aventura, FL 33160

Estimated Value: $3,580,000 - $4,214,000

4 Beds
5.5 Baths
3,120 Sq Ft
$2,457/mo HOA Fee

Last Sold November 04, 2019

Last sale price $2,650,000 $849 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $26,747/month

100 Days on Market

Highlights

  • Doorman
  • Marina
  • Private Dock
  • Aventura Waterways K-8 Center Rated A-
  • Ocean View
  • Property fronts an intracoastal waterway

About This Home

As of November 2019

NEW magnificent complex in private island… PRIVE! 4bed+den/ 5.5bath with astonished views to Bay/Ocean from 10’ floor-ceiling glass. White/Grey Italian porcelain floors ALREADY INSTALLED. Impeccable finishes! Kitchen with white glossy cabinetry, Miele appliances, granite counter tops and coffee maker. Huge balconies with summer kitchen, private elevator foyer. Includes: 2 parking, 1 storage, cable, wifi and smart system. Live in desirable AVENTURA with top rated schools. Enjoy 5* AMENITIES: Private beach/marina, pool attendants, restaurant, wine-cigar room, social-media-billiard room, kitchen/catering, tennis court, jog trail, gym, spa, teen lounge, playground, pet grooming, car wash, guest suites and more! Also: security, concierge, valet parking. NO 1.7% developer fee. Seller Motivated.

Last Agent to Sell the Property

Alice Edery

Beachfront Realty Inc License #3281597 Listed on: 05/20/2019

Beachfront Realty Inc

Last Buyer's Agent

Ana Maria Rodriguez

MMLS Assoc.-Inactive Member License #3255028

MMLS Assoc.-Inactive Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $46,193

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • East Facing Home

HOA Fees

  • $2,457 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

Home Design

  • Entry on the 7th floor

Interior Spaces

  • 3,120 Sq Ft Home
  • Custom Mirrors
  • Entrance Foyer
  • Den
  • Tile Flooring

Kitchen

  • Built-In Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Trash Compactor

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Schools

  • Highland Oaks Middle School
  • Michael Krop High School

Additional Features

  • Private Dock
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 28-22-02-054-1230

Community Details

Overview

  • 160 Units
  • Prive Condos
  • Prive Subdivision, Line 05 Floorplan
  • 16-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sauna
  • Community Kitchen
  • Billiard Room
  • Community Library
  • Secure Lobby

Recreation

  • Boat Dock
  • Marina
  • Community Playground
  • Community Cabanas
  • Community Spa
  • Bike Trail

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $453

Security

  • Security Service
  • High Impact Windows
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$46,193

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$2,457 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2018
  • Property Sub Type: Condominium
  • Directions: Williams Island entrance | Biscayne Blvd and 183rd St | South Tower, first to the right | Free valet parking on site
  • Entry Level: 7
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access,Community Boat Dock,Private Dock, Common Dock,Private Dock
  • Master Model: LINE 05
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: PRIVE
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Bar, Cooking Island, Custom Mirrors, Entrance Foyer, Walk-In Closet(s), Den/Library/Office
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 3120
  • Possible Use: Secondary
  • Stories: 16
  • Window Features: Complete Impact Glass, High Impact Windows
  • Bedroom Features: Entry Level
  • Living Room Features: Den/Library/Office
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • View: Bay, Intracoastal View, Ocean View
  • Exterior Features: East Of Us1
  • Direction Faces: East
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Intracoastal Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: PRIVE
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Covered, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman, Lobby Secured, Security Patrol

Condo/Co-op/Association

  • Association Fee: 2457
  • Amenities: Bike/Jog Path, Billiard Room, Boat Dock, Cabana, Clubhouse-Clubroom, Exercise Room, Kitchen Facilities, Library, Marina, Child Play Area, Pool, Sauna, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

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

Lot Info

  • Parcel Number: 28-22-02-054-1230
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 453
  • Number Of Units In Community: 160
  • Number Of Units Total: 80

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2019
Closed on
Nov 4, 2019
Sold by
1826 Real Estate Investments Llc
Bought by
Alibale Usa Llc
Seller's Agent
Alice Edery
Beachfront Realty Inc
Buyer's Agent
Ana Maria Rodriguez
MMLS Assoc.-Inactive Member
List Price
$3,087,900
Sold Price
$2,650,000
Premium/Discount to List
-$437,900
-14.18%
Current Estimated Value
$3,836,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,186,618
Avg. Annual Appreciation
6.51%

Purchase Details

Closed on
Feb 27, 2018
Sold by
Prive Developers Llc
Bought by
1826 Real Estate Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.04%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Alibale Usa Llc $2,650,000 Attorney
1826 Real Estate Investments Llc $2,507,400 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1826 Real Estate Investments Llc $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2019 11/04/19 Sold $2,650,000 -14.2% $849 / Sq Ft
05/21/2019 05/21/19 Price Changed $3,087,000 0.0% $989 / Sq Ft
05/20/2019 05/20/19 For Sale $3,087,900 -- $990 / Sq Ft
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 $46,193 $2,755,200 -- --
2024 $44,806 $2,755,200 -- --
2023 $44,806 $2,590,315 $0 $0
2022 $39,703 $2,354,832 $0 $0
2021 $37,946 $2,180,400 $0 $0
2020 $38,059 $2,180,400 $0 $0
2019 $38,165 $2,180,440 $0 $0
2018 $3,029 $177,502 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alice Edery

    Seller's Agent in 2019

    Alice Edery

    Beachfront Realty Inc

    (786) 499-0345

    4 in this area

    12 Total Sales

    Alice Edery
    Section Image

  • A

    Buyer's Agent in 2019

    Ana Maria Rodriguez

    MMLS Assoc.-Inactive Member

    Section Image
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About Prive Island Estates

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10676928

MIAMI REALTORS® MLS

APN: 28-2202-054-1230

Florida Miami/Dade County Aventura 33160

5000 Island Estates Dr Unit 705S, Aventura, FL

This home is located at 5000 Island Estates Dr Unit 705S, Aventura, FL 33160 since 20 May 2019 and is currently estimated at $3,836,618, approximately $1,229 per square foot. This property was built in 2018. 5000 Island Estates Dr Unit 705S is a home located in Miami-Dade County with nearby schools including Aventura Waterways K-8 Center, Highland Oaks Middle School, and Dr Michael M. Krop Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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