5000 Island Estates Dr, #504, Aventura, FL, 33160 | $2,950,000

Indulge in the allure of this meticulously crafted two-bedroom, two-and-a-half bathroom condominium nestled on an exquisite private island. Step into opulence as you ascend through your exclusive private elevator, opening to a foyer that sets the stage for the grandeur within. Accentuated by lofty 10 ft. ceiling heights. The European-inspired kitchen, adorned with stainless steel appliances, seamlessly integrates into the living space, while designer finishes grace every corner. Embrace the harmony of indoor/outdoor living with the inclusion of a summer kitchen and access to two balconies. Privé offers a private pier, restaurant, wine cellar, cigar room, 2 pools, 10, 000 SF fitness center and spa, electric car charging stations, and a caterer's kitchen.

Features

  • Heating: Central,Electric
  • Cooling: Central Air,Electric
  • Levels: 16
  • Amenities: Billiard Room,Bike Storage,Business Center,Clubhouse,Fitness Center,Hobby Room,Library,Pool,Sauna,Spa/Hot Tub,Storage,Tennis Court(s),Trail(s)
  • Bedrooms: 2
  • Baths: 2 full / 1 half
  • Complex: PRIVE CONDO
  • Year Built: 2018
  • Common Charge: $933 Monthly
  • Approx Sq. Feet: 2,350
  • Est. Taxes: $30,785
  • View: Intercoastal,Ocean
  • Water Front: Yes
  • Pets Allowed: Yes
  • Pet Policy: Conditional,Yes
  • Appliances: Built-In Oven,Dryer,Dishwasher,Electric Range,Disposal,Ice Maker,Microwave,Refrigerator,Self Cleaning Oven,Washer
  • MLS#: A11502220
  • Days on Market: 210 days
  • Website: https://www.raveis.com
    /prop/A11502220/5000islandestatesdr_aventura_fl?source=qrflyer
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Listing courtesy of DOUGLAS ELLIMAN   Phone: 305-866-4566

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

5000 Island Estates Dr, #504, Aventura, FL, 33160

$2,950,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,360,000 $2,360,000 $2,360,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.282% 6.762% 6.036%
Monthly Tax Payment $2,565 $2,565 $2,565
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $15,111 $15,111 $20,721
Total Monthly Payment $17,801 $17,801 $23,411

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.