All listings
Active
Active1 / 40
Photo 1 of 40
Waterfront · Single Family Residence
$19,990,000$2,884 / sqft
3916 Island Estates Dr, Aventura FL 33160
Listed
6
Bedrooms
7
Bathrooms
6,932 sqft
Interior
2001
Year built
None
HOA
Single Family Residence
Type
About this home
One of South Florida's most extraordinary waterfront estates, set on an exclusive private island within the 24/7 gated enclave of Island Estates, Aventura. Surrounded by the Intracoastal Waterway, this magnificent 3-story residence offers breathtaking panoramic water views from virtually every room — the kind of views that truly take your breath away. Soaring double-height curved glass walls flood the interiors with natural light and frame the shimmering water beyond. The gourmet chef's kitchen anchors a grand open living space with a Calacatta marble island, custom cabinetry and professional appliances. A dedicated bar room with floor-to-ceiling illuminated glass wine cellar sets the stage for unforgettable entertaining. The spa master suite features a custom Italian walnut walk-in closet, a luxurious bathroom and private balcony with sweeping water views. Outside, a heated infinity pool and spa overlook the Intracoastal, complemented by a fully equipped summer kitchen with live-edge bar, designer outdoor lounge and private waterfront deck framed by mature palms and the spectacular Aventura skyline. A true boater's paradise: included in the sale is a private 100-foot slip at Island Estates Marina with direct ocean access via Haulover Inlet. 6 bedrooms, 7 bathrooms, guest house, staff quarters, 6,932 sq ft. Sold completely turn-key — fine art, custom sculptures, Italian designer furniture and all furnishings included. Arrive and begin living.
Features
- First Floor Entry
- Third Floor Entry
- Den/Library/Office
- Family Room
- Garage Apartment
- Barbeque
- Built-In Grill
- Lighting
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 6-bed rentals across Miami-Dade, from 55 active listings; the middle half ask $16,000–$48,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.