Flanigan's IndexLive now33 / 100
Nearest Flanigan's: Flanigan's Seafood Bar and Grill (Hallandale), 2.8 mi
#70 in Aventura · #253 in Miami
Close enough to make it a habit, far enough to call it an outing.
For sale
10
0 pending · 15.0 mo supply
Median asking
$3.74M
from $3M
Median $/sqft
$1,363/sqft
$1,112/sqft sold, 12 mo
Days on market
9
223 to sell · 8 in 12 mo
Situated on a private island in Aventura, Prive offers a secluded waterfront setting with unobstructed views of the Atlantic Ocean, Intracoastal Waterway, and the city skyline. The property is characterized by its resort-style atmosphere and high-end amenities, set within a gated enclave that provides a sense of privacy and security.
Residents have access to extensive common areas, including multiple swimming pools, a full-service spa, and a large fitness center. The community features a private marina, a private beach, and a variety of social spaces such as a wine cellar, cigar lounge, and a private restaurant. The grounds also include a jogging path, a business center, and a toddler's playroom.
Live near more of Miami
What surrounds Prive: seasonal events, annual programs and lifestyle indexes, measured from the building.
Flanigan's IndexLive nowPublix IndexLive now
58 / 100
Nearest Publix: Publix at Publix at Sunny Isles Beach, 0.5 mi
#35 in Aventura · #304 in Miami
Bike-basket-of-groceries distance.
3 Publix stores nearby
Car-Free IndexLive now
12 / 100
Nearest rail station: Aventura Brightline Station, 1.3 mi
#49 in Aventura · #263 in Miami
Keep the car, use the train for the big days.
1 rail stations nearby
Distances are straight-line, not walking or driving.
Getting around
Aventura is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:
Aventura MallFounders ParkBrightline AventuraOleta River State Park
53
/ 100
B−
own.miami Score
A data-grounded score for Prive from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.
Value14
$1,363/sqft — vs. Aventura condos, then all of Miami
Momentum19
-10.8% $/sqft over 6 months
Liquidity62
13.3 months of supply · 9 days on market
Health71
Public records checked — no liens, lawsuits or complaints on file
Waterfront90
Waterfront building
Age86
Built 2017 — vs. Aventura buildings
own.miami Condo Index
154Above market100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#127 of 698 tracked Miami condos
Top 18% by price per sq ft
#1 of 85 in Aventura
Momentum
↓ Cooling
$1,363/sqft median ask
Liquidity
Hot
Floor plans
Penthouse A — Main
6 bd · 8 ba · 6,200 sqft
The stacks
5 lines · modeled from 25 salesCondos repeat vertically — each “line” is a stack of near-identical units up the tower. We reconstruct Prive’s lines from its sale history: the floorplan, the view, and how $/sqft climbs with the floor. The best value is the -04 line.
| Line | Layout | Size | View | $/sqft | Per floor | Low→high floor | Sales |
|---|---|---|---|---|---|---|---|
| -01 | 4 bd · 5.5 ba | 3,671 sqft | BayWaterfront | $1,309/sqft | +$37 | $1,215/sqft → $1,473/sqft | 3 |
| -02 | 3 bd · 4.5 ba | 2,709 sqft | Ocean ViewWaterfront | $1,150/sqft | $-58 | $1,332/sqft → $1,098/sqft | 4 |
| -04Best value | 2 bd · 2.5 ba | 2,640 sqft | Intracoastal ViewWaterfront | $1,034/sqft | $-7 | $1,041/sqft → $1,013/sqft | 4 |
| -06 | 3 bd · 4.5 ba | 2,865 sqft | BayWaterfront | $1,174/sqft | +$3 | $1,207/sqft → $1,225/sqft | 2 |
| -07 | 3 bd · 4.5 ba | 2,877 sqft | Intracoastal ViewWaterfront | $1,231/sqft | $-23 | $1,299/sqft → $1,094/sqft | 6 |
Modeled from Prive’s past listings and sales — a guide to the building’s layouts and floor premiums, not an official floor plan. “Per floor” is the average $/sqft change per floor up the stack.
What’s a unit here worth?
Pick a line and a floor — we estimate the value from Prive’s own sales history.
Estimated value
$2,730,000
$2,520,000–$2,941,000 · $1,034/sqft
Moderate confidence · 4 sales
Estimate only — not an appraisal. It reflects the line and floor, not a specific unit’s condition, renovations or view obstructions.
Want the inside track on Prive?
Get new listings here before the portals, and a straight answer from someone who knows the building.
Inventory
$5,595,000$1,447/sqft
4 bd · 5.5 ba · 3,867 sqft
5000 Island Estates Dr #1201
Listing courtesy of Dezer Platinum Realty LLC, Carmen Geraldine Schafer (Lic. #3226715) · MLS #A12115472
$3,000,000$1,107/sqft
3 bd · 4.5 ba · 2,709 sqft
5000 Island Estates Dr #702
Listing courtesy of Keller Williams Elite Properties, Marina Zaslavskaya (Lic. #3573388) · MLS #A12110782
$3,695,000$1,240/sqft
3 bd · 3.5 ba · 2,979 sqft
5000 Island Estates Dr #1106
Listing courtesy of Douglas Elliman, Richard Goihman (Lic. #0679250) · MLS #A12105202
$3,200,000$1,074/sqft
3 bd · 4.5 ba · 2,979 sqft
5500 Island Estates Dr #606N
Listing courtesy of Compass Florida, LLC, Chad Carroll (Lic. #3231797) · MLS #A12097338
$9,000,000$2,866/sqft
5 bd · 5.5 ba · 3,140 sqft
5500 Island Estates Drive #1404 & 1405
Listing courtesy of One Sotheby's International Realty, Vanessa Frank (Lic. #3242396) · MLS #A12091202
$3,500,000$1,311/sqft
3 bd · 4.5 ba · 2,670 sqft
5000 Island Estates Dr #607
Listing courtesy of Compass Florida, LLC, Adam Levy (Lic. #0639784) · MLS #A12083868
$3,780,000$1,439/sqft
3 bd · 4.5 ba · 2,626 sqft
5500 Island Estates Dr #506
Tenant occupied
Listing courtesy of Luxury International Realty, LLC., Maria Romero (Lic. #3107643) · MLS #A12030671
$6,630,000$1,501/sqft
5 bd · 6.5 ba · 4,417 sqft
5500 Island Estates Dr #PH 1506
Listing courtesy of DA LUXURY REALTY, LLC, Diego Arnaud (Lic. #3129639) · MLS #A11966057
$3,550,000$1,291/sqft
3 bd · 4.5 ba · 2,750 sqft
5500 Island Estates Dr #802
Listing courtesy of DLC Real Estate Development Corp, Fernanda De La Cruz (Lic. #3315453) · MLS #A11958517
$3,780,000$1,416/sqft
3 bd · 4.5 ba · 2,670 sqft
5500 Island Estates Dr #602
Listing courtesy of Serhant, Mariana Niro (Lic. #3125959) · MLS #A11939974
Sold $/sqft trend
3-month rolling median of closed sales in Prive; bars are closings per month.
Location
Nearby buildings within half a mile.
Building facts
- Address
- 5000 Island Estates Dr
- Year built
- 2017
- Floors
- 16
- Residences
- 80
- Developer
- BH Group
- Waterfront
- Yes
Developed by
BH Group42
C+ · Developer Score
- Ranks #3 of 3 scored BH Group buildings
- Asking $1,363/sqft here vs $604/sqft across the developer's portfolio
- 0% of the developer's portfolio has no adverse verified record
- All 3 buildings by this developer
Amenities
- · Pool
- · Spa
- · Fitness center
- · Valet
- · Concierge
- · Wine cellar
- · Cigar lounge
- · Tennis court
- · Marina
- · Beach
- · Restaurant
- · Business center
- · Social room
- · Jogging path
- · Pet services
- · Car wash
- · Toddler's playroom
- · Game room
Building rules
- Parking
- The building offers valet service and designated parking spaces.
Special assessments & recertification outlook
ClearPublic records checked Oct 30, 2026 (Miami-Dade Clerk, civil docket, Florida DBPR).
- Built 2017 — its first 25-year structural milestone inspection is due around 2042
Estimated from Prive’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.
Financeability
What the banks say about Prive: recorded purchase mortgages, the down payments they accepted, and the programmes in use.
- Mortgages recorded, 12 months
- 7
- 7 from banks and credit unions · purchases and refinances
- Sales bank-financed
- 38%
- 8 recorded sales, 12 months · Resales only
- Average down payment
- 35.2%
- Lowest down payment accepted
- 30%
Loan programmes, 24 months:Conventional 7
High confidence · As of 2026-10-31
Source: Miami-Dade County official records and the FHA/VA approval lists. Aggregates only; individual instruments are never shown. Compare with Aventura
Flooding and storm surge
Public flood data at this building’s location, read Oct 22, 2026.
- FEMA flood zone
- Zone AE: high-risk area. FEMA maps a 1% yearly chance of flooding here.
- Base flood elevation on the map: 9.0 ft (NGVD29).
- Hurricane evacuation zone
- Zone B
- Miami-Dade storm surge planning zones run from A (called first) to E. The county decides which zones evacuate in a storm.
- Ground at the building
- 7.7 ft
- Lowest nearby street
- -
- Highest predicted tide, 2026
- 1.0 ft
Elevations in feet above the NAVD88 datum.
No street within 120 m of this building could be measured.
Estimated from public data, not a flood determination. Check the FEMA flood map and an elevation certificate for this building.
Legal & Regulatory
Material litigation identifiedCivil court cases involving the condominium association, classified by what they are about. Routine collections against individual owners are counted separately and do not affect the building’s standing.
- Active material lawsuits
- 1
- Owner / association disputes
- 0
- Routine collection cases
- 0
- DBPR complaints
- 0
- Open DBPR complaints
- 0
- Contractor / vendor disputeActiveassociation as plaintiff · Filed Jan 2025
The condominium association filed a contract lawsuit against a building contractor, which counterclaimed and brought in a painting subcontractor. The case was filed in January 2025 and remains open.
Source: Miami-Dade Clerk civil docket, summarized by own.miami
DBPR registration PR75992 · Approved,Recorded. Public complaints on record with the Florida Division of Condominiums; investigations are confidential and not counted.
Court records are matched to the association by name and summarized by us; a case is a claim, not a finding. Ask the association for its litigation disclosure before buying.
Frequently asked
How much do condos at Prive cost?+
There are 10 condos for sale at Prive, from $3,000,000, with a median asking price of $3,737,500 ($1,363/sqft).
How much are the HOA fees at Prive?+
HOA / maintenance fees at Prive run around $5,879 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.
Is Prive a waterfront building?+
Yes — Prive is a waterfront building (Aventura).
When was Prive built?+
Prive was built in 2017, 16 stories, 80 residences.
Who developed Prive?+
Prive was developed by BH Group. BH Group's own.miami Developer Score is C+ across 3 buildings.
Stay ahead
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