NOT LISTED FOR SALE

Prive Island Estates 5500 Island Estates Dr Unit 1401 Aventura, FL 33160

Estimated Value: $4,192,000 - $5,189,000

4 Beds
6 Baths
3,899 Sq Ft
2017 Built

Last Sold December 15, 2020

Last sale price $3,300,000 $846 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $29,237/month

631 Days on Market

Highlights

  • Over 101-Foot Boat
  • Deeded Boat Dock
  • End Unit
  • Aventura Waterways K-8 Center Rated A-
  • Fishing Pier
  • Cooking Island

About This Home

As of December 2020

BEST 4 BEDROOM IN BUILDING. HIGHEST FLOOR , SOUGHT AFTER NORTH OUTSIDE CORNER, 5,384 SQFT. FLOORING THROUGHOUT INCLUDED. Gorgeous 32x71 Bianco Laso polished porcelain Prestigious outside corner, highest floor, floor to ceiling windows in all directions with amazing views. Amenities include : private gatehouse entry, full time concierge, 10,000 ft gym/spa, marina, pier, 2 pools, restaurant, Wine cellar, cigar room, social rooms, teenage room, guest suites, caterers kitchen with private dining room and more -4br/5 ½ bath -maids qtrs -Master BR-15.9 X 25.1 -Living/dining-35.4 X 33.4 -Br 2-15.2 X 11 -BR 3-15 X 12 -Br 4- 16 X 13.4 -summer kitchen on terrace -10 ft ceilings -2 garage parking spots -Private elevator foyer

Last Agent to Sell the Property

Cassio Faccin

FACCIN Group Realty License #3180063 Listed on: 03/06/2019

Co-Listed By

Cesar Linares

MMLS Assoc.-Inactive Member License #3252657

Last Buyer's Agent

Kelly Charles

MMLS Assoc.-Inactive Member License #3224295

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $59,239

Year Built

  • Built in 2017

Parking

  • Attached Garage

Interior Spaces

  • 3,899 Sq Ft Home
  • Custom Mirrors
  • Cooking Island

Outdoor Features

  • Over 101-Foot Boat
  • Deeded Boat Dock
  • Outdoor Grill

Additional Features

  • End Unit
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 28-22-02-054-0090

Community Details

Overview

  • Association fees include all amenities, building exterior, common area, elevator, hot water, landscaping/lawn maintenance, legal/accounting, manager, parking, pool service, recreation facilities, security, sewer, trash removal
  • High-Rise Condominium
  • Prive Condos
  • Prive Community

Recreation

  • Fishing Pier

Property Details

Home Type

Condominium

Est. Annual Taxes

$59,239

Year Built

Built in 2017

Lot Details

0

Parking

2

Listing Details

  • Blogging: Yes
  • Internet Remarks: BEST 4 BEDROOM IN BUILDING. HIGHEST FLOOR , SOUGHT AFTER NORTH OUTSIDE CORNER.
  • Municipal Code: 28
  • Property Type: Condo/Co-Op/Villa/Townhouse
  • Restrictions: Ok To Lease
  • Section: 2
  • Year Built: 2017
  • Year Built Description: New Construction
  • Flood Zone: AE
  • Furnished Info Sold: Unfurnished
  • Intended Use: Primary
  • Lp Amt Sq Ft: 884.8423
  • Ratio Close Price By List Price: 0.95652
  • Storm Protection: Complete Impact Glass
  • Style: Condo 5+ Stories
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Front Exposure: East
  • Bedroom Description: Entry Level
  • Primary Bathroom Description: Dual Sinks, Separate Tub & Shower, Whirlpool/Spa
  • Dining Description: Breakfast Area, Eat-In Kitchen, Formal Dining
  • Interior Amenities: Cooking Island, Custom Mirrors, Walk-In Closets
  • Windows Treatments: High Impact Windows
  • Adjusted Area Sq Ft: 3899
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6.00
  • Total Bedrooms: 4
  • Cable Available Yn: Yes
  • Appliances: Circuit Breaker, Trash Compactor, Dishwasher, Disposal, Dryer, Electric Water Heater, Intercom, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Smoke Detector, Washer
  • Furnished Info: Unfurnished
  • Sq Ft Liv Area: 3899
  • Total Sq Ft: 3899

Exterior Features

  • Water Access: Deeded Dock, Dock Available
  • Waterfront Description: Bay Front, Intracoastal Front
  • Construction Type: Cbs Construction
  • Waterfront Property: Yes
  • Boat Services: Dock Available, Over 101 Ft Boat
  • Exterior Features: Barbeque

Garage/Parking

  • Garage Description: Attached
  • Parking Description: 2 Or More Spaces, Assigned Parking
  • Parking Restrictions: No Trucks/Trailers
  • Garage Spaces: 2

Utilities

  • Security Information: Complex Fenced, Doorman, Elevator Secure
  • Cooling Description: Central Cooling, Electric Cooling
  • Heating Description: Central Heat, Electric Heat

Condo/Co-op/Association

  • Amenities: Bar, Basketball Courts, Bike Storage, Boat Dock, Bbq/Picnic Area, Business Center, Cabana, Clubhouse-Clubroom, Community Room, Exercise Room, Fishing Pier, Heated Pool, Marina, Pool
  • Floor Description: Ceramic Floor, Marble Floors
  • Subdivision Complex Bldg: PRIVE
  • Total Floors In Building: 15
  • Type of Governing Bodies: Homeowner Association
  • Development Name: PRIVE
  • Housing Older Persons Act: Unverified
  • Association Fee Paid Per: Monthly
  • Complex Name: PRIVE
  • Type of Association: Homeowners

Fee Information

  • Application Fee: 250
  • Maintenance Includes: All Amenities, Building Exterior, Common Area, Elevator, Hot Water, Landscaping/Lawn Maintenance, Legal/Accounting, Manager, Parking, Pool Service, Recreation Facilities, Security, Sewer, Trash Removal

Lot Info

  • Parcel Number: 28-22-02-054-0090
  • Parcel Number Mlx: 0090

Rental Info

  • Approval Information: 1-2 Weeks Approval
  • Pet Restriction: Dog Ok
  • Maintenance Charge Month: 3112
  • Maint Fee Paid Per: Monthly
  • Pets Allowed: Yes

Tax Info

  • Tax Information: Tax Reflects No Exemptions
  • Tax Amount: 47390
  • Tax Year: 2018

Multi Family

  • Unit Floor Location: 14
  • Unit View: Canal, Intracoastal View, Ocean View
  • Unit Design: Corner Unit, East Of Us1, High Rise

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2019
Closed on
Dec 15, 2020
Sold by
Epstar Llc
Bought by
Rinoco Corp
Seller's Agent
Cassio Faccin
FACCIN Group Realty
Buyer's Agent
Kelly Charles
MMLS Assoc.-Inactive Member
List Price
$3,850,000
Sold Price
$3,300,000
Premium/Discount to List
-$550,000
-14.29%
Current Estimated Value
$4,560,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,260,907
Avg. Annual Appreciation
7.03%

Purchase Details

Closed on
Jan 18, 2018
Sold by
Prive Developers Llc
Bought by
Epstar Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,734,450
Interest Rate
3.94%
Mortgage Type
Commercial
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
Rinoco Corp $3,300,000 Attorney
Rinoco Corp $3,300,000 None Listed On Document
Epstar Llc $3,509,900 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Epstar Llc $1,734,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2020 12/15/20 Sold $3,300,000 -4.3% $846 / Sq Ft
11/26/2020 11/26/20 Pending -- -- --
10/01/2020 10/01/20 Price Changed $3,450,000 -5.5% $885 / Sq Ft
05/23/2020 05/23/20 Price Changed $3,650,000 -5.2% $936 / Sq Ft
03/06/2019 03/06/19 For Sale $3,850,000 -- $987 / 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 $59,239 $3,533,300 -- --
2024 $57,461 $3,533,300 -- --
2023 $57,461 $3,321,949 $0 $0
2022 $50,918 $3,019,954 $0 $0
2021 $48,218 $2,770,600 $0 $0
2020 $48,481 $2,777,500 $0 $0
2019 $48,615 $2,777,515 $0 $0
2018 $47,390 $2,777,515 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10634545

MIAMI REALTORS® MLS

APN: 28-2202-054-0090