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Waterfront · Condominium
$3,200,000$1,074 / sqft
5500 Island Estates Dr # 606N, Aventura FL 33160
Listed
3
Bedrooms
5
Bathrooms
2,979 sqft
Interior
2017
Year built
$5,856 / mo
HOA
Condominium
Type
About this home
Set within one of South Florida’s most exclusive privately owned island enclaves, residence 606N at Prive presents a rare opportunity to experience truly elevated waterfront living in the heart of Aventura. Positioned within a guard-gated, ultra-private setting accessible only to residents and guests, this expansive residence offers 3 bedrooms, 4 full bathrooms, and 1 half bath across 2,979 square feet of living space. 854 square feet of east-facing terraces complement the interiors, capturing open sky and water views. The interiors are thoughtfully composed with grand yet intimate living and dining spaces framed by floor-to-ceiling impact glass and seamless indoor-outdoor flow. Natural light pours into every corner, enhancing the residence’s clean architectural lines and generous proportions. The primary suite serves as a private retreat, complete with a spa-inspired bathroom designed for restoration and tranquility, along with expansive walk-in closets that deliver exceptional storage and organization. Prive residents enjoy a secured lobby and a comprehensive collection of resort-caliber amenities reserved exclusively for island homeowners. The waterfront pool deck with private café, full-service spa and wellness facilities, tennis and basketball courts, putting green, marina access, and curated recreational spaces create a lifestyle defined by privacy and refinement, all moments from Aventura’s premier shopping, dining, and yachting destinations.
Features
- Lobby
- First Floor Entry
- Built-in Features
- Other
- East Of Us1
- Open Balcony
- Bay
- Ocean View
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 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,900–$12,000.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.