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The Roebling Index · Miami
Published by The Roebling Team at Compass · Corey Cohen, NY Licensed Associate Real Estate Broker
Miami·Aventura·Condominium

Privé at Island Estates

5500 Island Estates Drive, Aventura, FL 33160

Folio 2822020540001

DevelopersBH3 Management, Gary Cohen
At a glance
Year built
2017
Residences
160
Building area
511,539 sq ft
Median residence
2,956 sq ft
FEMA flood zone
Zone AE · BFE 9 ft
Latest arms-length sale
$3,050,000 · May 2026
Median sale (10 yr)
$3,000,000
Recorded transfers
271
Own an apartment at Privé at Island Estates?
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Privé at Island Estates is a 160-residence condominium building at 5500 Island Estates Drive, in Aventura, by BH3 Management and Gary Cohen. County records list 2017 as the year built. It has a median residence of 2,956 square feet.

The recorded market runs to 238 arms-length sales since 2017, an annual turnover rate of 14.9 percent of the building over the past decade, and a median of $958 per square foot. Across 79 same-unit resales, 76 percent sold above their prior recorded price, with a median gain of 11 percent over a median hold of 3.4 years. The 24 sales since 2023 carry a median of $1,152 per square foot, 20 percent above the level across its whole record; that gap reflects both price movement and which residences happened to trade. Recorded deeds show 14 parties that acquired more than one residence in the building.

Selling, buying or moving?

Own a residence at Privé at Island Estates? See what it would sell for.

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Corey Cohen, Licensed Associate Real Estate Broker · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com

At a glance

Common name: Privé, also known as Privé Island

Building type: Two mirrored condominium towers on a gated island, reached by a private road and bridge

Architect: Sieger Suarez Architects

Interior design: Interiors by Steven G

Landscape: EGS2

General contractor: Suffolk Construction

Site: About eight acres, the entire island, on the Intracoastal Waterway in Dumfoundling Bay

Floors: 16 in each tower

Unit sizes: About 2,585 to more than 9,000 square feet, two to six bedrooms, averaging about 3,400. Penthouses have private rooftop terraces and pools, with ceilings up to 17 feet.

Amenities: About 70,000 square feet of common space: a fitness center in each tower, two pools, tennis courts, a library and private dining room, wine room and cigar lounge, a private beach and beach club, jogging trail, a guest jetty and a private marina with limited slips

Services: Gatehouse and access control, valet, pet salon, car wash service

Source: The Roebling Research Desk.

Why Privé at Island Estates matters

It is a condominium on its own island. Privé Developers, led by Gary Cohen with BH3 Management, built 160 residences on about eight acres in the Intracoastal, north of Williams Island and next to Cohen's Island Estates houses. The entry is a private road, a bridge and a gatehouse.

The smallest plan is about 2,585 square feet and the largest is more than 9,000. Residences have floor-to-ceiling glass and ten-foot-deep balconies; water views vary by line. Ceilings are about ten feet, and each residence has a private elevator entry and a flow-through layout.

Construction began in June 2015, the foundations were in by November 2015, and the project targeted completion in the second quarter of 2017. The towers were delivered from late 2017 into 2018.

Aventura and Island Estates

Aventura is a city in northeast Miami-Dade between Sunny Isles Beach and Hallandale Beach, on the mainland side of the Intracoastal. Aventura Mall is the commercial center. Golf, marinas and waterfront high-rises line the Intracoastal. Miami Beach and Sunny Isles Beach are across the water.

The island is gated, with a private beach and a marina with limited slips. The on-site beach is on the Intracoastal, not the Atlantic; the ocean beaches are across the water.

Architecture and unit composition

Sieger Suarez designed two sixteen-story towers with parallel balcony lines and curved footprints following the island's edge, so that water shows on both sides of most plans. Residences are two to six bedrooms, with penthouses carrying private rooftop terraces and pools. Finishes include low-iron glass, Carrara stone in kitchens and baths, Miele appliances, Kohler fixtures including a smart toilet in each unit, and a Savant home system for lighting, climate and audio. Interiors were specified by Interiors by Steven G.

The towers were delivered in phases: the first in late 2017 and early 2018, the second after it.

Building operations

Each tower has its own fitness center and spa of about 10,000 square feet. Shared spaces include two pools with outdoor Jacuzzis, tennis courts, a private library and dining room, a pool-side café, a wine room, a cigar lounge and a jogging and nature path. The island has a private beach and beach club, a jetty for guest boats and a private marina with a limited number of slips. Lobby-level suites were offered for purchase as offices or guest accommodations.

Services include a gatehouse with access control, valet, a pet salon and a car wash service.

Ask who pays to run the amenities, marina and private road. Ask for the operating budget, reserves, the structural integrity reserve study (SIRS) and any special assessments. Ask who owns and maintains the road, bridge, marina and beach, and whether slips are deeded, assigned or leased. Florida's milestone inspection and structural integrity reserve study rules apply to condominium buildings of three or more stories; ask for the inspection report, the reserve study and any assessment history.

Policy framework

Pet, rental and minimum-lease rules are set by the association; confirm at offer stage. Ask for the boat-slip rules.

Sales context

Closings began in late 2017. One of three arms-length sales recorded in March 2026, at $4.45 million. It is one sale, not a building price. The median assessed value is about $2.68 million; that is an assessed value, not a market price. Pricing varies by plan size, floor and water exposure.

Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.

What to know if you're buying at Privé

Confirm the tower and the line. Plans run from about 2,585 to more than 9,000 square feet. Get the size schedule from the association.

Read the shared-cost structure. Ask how the road, bridge, marina, beach and amenities are owned, operated and funded.

Review the island documents. Ask counsel to review the easements and shared-use agreements on the title and association records.

Check slips. Confirm whether a boat slip is part of the purchase and on what terms.

What to know if you're selling at Privé

Price against your plan. Use closings in the same size range and exposure.

Have the documents ready. Budget, SIRS, marina terms and inspection status shorten diligence.

Comparable buildings

The neighborhood

For the full neighborhood — its buildings and recorded pricing — read The Roebling Index guide to Aventura.

Run the numbers

Related guides

Recorded sales history

Recorded transfers for this building in Miami-Dade County public records, back to Nov 2017. Prices reflect the recorded consideration; transfers the Property Appraiser does not qualify as arms-length are shown unmarked. Nominal-consideration paper transfers (deeds into trusts and LLCs, estate and family transfers, corrective deeds) are part of the record but not sales, and are omitted from this table. Recording lags closing, so the newest sales can take several weeks to appear.

DateResidenceSizePriceArms-length
May 20269042,578 sf$3,050,000✓
Mar 20265013,400 sf$4,450,000✓
Mar 20268032,750 sf$2,665,000✓
Mar 20265013,415 sf$3,900,000✓
Dec 202514072,956 sf$2,970,000✓
Nov 202514072,956 sf$3,640,000✓
Oct 20257053,120 sf$3,600,000✓
Aug 202512083,849 sf$4,125,000✓
Jul 20256042,396 sf$2,600,000✓
Apr 20259083,669 sf$4,000,000✓
Feb 202510042,977 sf$2,936,000
Jul 202411072,877 sf$3,425,000✓
Apr 20245013,415 sf$4,380,000✓
Mar 20245072,626 sf$3,320,000✓
Mar 20245022,628 sf$3,418,100✓
Jan 202412072,918 sf$2,950,000✓
Dec 20238062,750 sf$3,700,000✓
Dec 20239022,791 sf$3,000,000✓
Nov 202314032,956 sf$3,825,000✓
Oct 20238022,750 sf$3,163,000✓
Sep 20237022,709 sf$3,000,000✓
Aug 202315034,399 sf$6,500,000✓
Jun 202312072,918 sf$127,800
Apr 20237062,709 sf$3,000,000✓
Apr 202315053,984 sf$6,000,000✓
Jan 202311022,877 sf$3,150,000✓
Sep 202210072,830 sf$3,500,000✓
Jul 202214083,913 sf$5,000,000✓
Jun 202214022,956 sf$3,325,000✓
Jun 20227072,709 sf$3,000,000✓
May 20226022,670 sf$3,300,000✓
May 202210042,977 sf$3,050,000✓
May 202211062,877 sf$3,200,000✓
May 202215074,417 sf$5,800,000✓
Apr 202215053,984 sf$4,500,000✓
Mar 20229072,791 sf$3,270,000✓
Mar 20226013,466 sf$3,900,000✓
Mar 202211032,877 sf$836,400
Mar 202215064,417 sf$5,100,000✓
Feb 202212072,918 sf$2,950,000✓
Feb 20228053,177 sf$3,875,000✓
Feb 202210062,830 sf$3,075,000✓
Jan 20225032,626 sf$3,250,000✓
Jan 202215015,824 sf$9,700,000✓
Jan 202212083,849 sf$3,850,000✓
Dec 20219053,233 sf$3,550,000✓
Nov 20217022,709 sf$2,900,000✓
Oct 20218042,509 sf$2,399,000✓
Sep 202110052,977 sf$2,300,000✓
Sep 20219022,791 sf$3,200,000✓
Sep 202111032,877 sf$446,800✓
Sep 202111022,877 sf$446,800✓
Aug 20219022,791 sf$2,925,000✓
Jul 202115074,399 sf$4,800,000✓
Jul 20218032,750 sf$3,100,000✓
Jul 20218042,518 sf$2,203,200✓
Jun 20219042,567 sf$2,160,000✓
Jun 202115053,984 sf$4,650,000✓
Jun 202110083,721 sf$4,125,600✓
Jun 20215083,411 sf$3,700,000✓
Jun 202115064,398 sf$4,400,000✓
May 202115054,031 sf$4,600,000✓
May 20215013,415 sf$3,300,000✓
May 20216053,066 sf$3,200,000✓
May 202112062,918 sf$2,800,000✓
May 20215042,350 sf$2,150,000✓
Apr 20219062,791 sf$2,800,000✓
Apr 202115044,030 sf$5,100,000✓
Apr 202115085,762 sf$6,800,000✓
Apr 202111043,026 sf$2,538,000✓
Mar 202112043,091 sf$2,438,000✓
Mar 20217083,529 sf$3,400,000✓
Mar 202112062,918 sf$2,312,500✓
Mar 20215053,010 sf$2,650,000✓
Mar 20219013,655 sf$4,000,000✓
Mar 202111053,032 sf$2,650,000✓
Jan 20216083,476 sf$3,150,000✓
Jan 202110022,830 sf$3,150,000✓
Jan 20219013,673 sf$3,260,000✓
Jan 20218053,177 sf$2,833,200✓
Jan 202115085,753 sf$7,625,000✓
Jan 202115015,753 sf$7,904,000✓
Jan 202110083,721 sf$3,130,000✓
Dec 202012032,918 sf$2,600,000✓
Dec 202014013,899 sf$3,300,000✓
Dec 20207032,709 sf$3,150,000✓
Dec 202010032,830 sf$2,500,000✓
Dec 20207053,120 sf$3,360,000✓
Oct 20208042,509 sf$1,775,000✓
Sep 20209062,791 sf$2,750,000✓
Aug 20209083,669 sf$2,500,000✓
Aug 20209083,669 sf$250,000
Jun 20206013,482 sf$3,275,000✓
Mar 20207062,709 sf$2,545,000✓
Mar 20208042,518 sf$1,725,000✓
Feb 20209042,578 sf$1,820,000✓
Jan 202010032,830 sf$2,800,000
Jan 20207042,462 sf$1,750,000✓
Dec 20197042,454 sf$1,700,000✓
Nov 20197053,120 sf$2,650,000✓
Oct 201910052,977 sf$2,720,000✓
Oct 201910042,977 sf$3,000,000✓
Sep 201911032,877 sf$2,806,000✓
Aug 20198083,600 sf$4,021,000✓
Jul 20196083,466 sf$3,437,000✓
Jun 20195072,626 sf$2,250,000✓
Apr 201912032,918 sf$2,887,500✓
Mar 20196053,066 sf$2,700,000✓
Mar 20196072,670 sf$2,250,000✓
Dec 201814083,913 sf$3,525,000✓
Nov 201811072,877 sf$2,680,000✓
Oct 201811083,792 sf$3,578,600✓
Oct 201811083,781 sf$3,425,000✓
Oct 20188022,750 sf$1,600,000
Oct 201812022,918 sf$2,800,000✓
Sep 20188072,750 sf$2,690,000✓
Aug 20188022,750 sf$2,500,000✓
Aug 201810022,830 sf$2,265,000✓
Jul 201815024,398 sf$5,497,000✓
Jul 20187013,529 sf$3,920,000✓
May 201810013,771 sf$3,555,400✓
May 201814032,956 sf$5,983,900✓
May 201814022,956 sf$5,983,900✓
Apr 20189083,669 sf$3,359,200✓
Apr 201810083,721 sf$4,105,000✓
Apr 201812083,849 sf$3,545,000✓
Apr 201812083,849 sf$3,447,900✓
Apr 20187072,709 sf$2,599,000✓
Apr 20187022,709 sf$2,328,000✓
Apr 201815074,399 sf$5,224,000✓
Apr 201815064,398 sf$5,224,000✓
Apr 201815034,399 sf$5,206,300✓
Apr 201810042,977 sf$3,275,000✓
Mar 20186022,670 sf$2,596,000✓
Mar 201815044,030 sf$4,900,900✓
Mar 20188062,738 sf$2,526,900✓
Mar 20189042,578 sf$2,642,500✓
Mar 201810072,830 sf$2,528,900✓
Mar 201810022,830 sf$2,500,000✓
Mar 201812022,918 sf$3,133,900✓
Feb 201812072,918 sf$2,600,900✓
Feb 20188042,509 sf$2,230,000✓
Feb 20187053,120 sf$2,507,400✓
Feb 20185072,626 sf$2,046,900✓
Feb 20188013,588 sf$3,499,000✓
Feb 20186062,670 sf$2,464,900✓
Feb 20189062,791 sf$2,598,900✓
Feb 20189022,791 sf$2,229,900✓
Feb 20185042,339 sf$2,269,900✓
Feb 20189032,791 sf$2,560,900✓
Feb 20188032,750 sf$2,291,400✓
Feb 20189072,791 sf$2,446,900✓
Feb 20186053,066 sf$2,416,900✓
Feb 201814083,913 sf$3,600,000✓
Feb 20187083,529 sf$3,236,700✓
Feb 201812013,867 sf$3,696,900✓
Feb 201814022,956 sf$2,994,400✓
Feb 20186022,670 sf$2,192,000✓
Feb 201812062,918 sf$2,668,000✓
Feb 201811062,877 sf$2,516,900✓
Feb 20186062,670 sf$2,092,900✓
Feb 201814053,153 sf$2,550,900✓
Feb 20188053,177 sf$2,700,000✓
Feb 201812053,085 sf$2,887,400✓
Feb 201810052,977 sf$2,763,500✓
Feb 201814062,956 sf$2,649,400✓
Feb 20185013,415 sf$3,356,000✓
Feb 201814032,956 sf$2,848,000✓
Feb 201814013,927 sf$3,529,900✓
Jan 201811072,877 sf$2,321,900✓
Jan 20185022,626 sf$2,125,900✓
Jan 201814043,140 sf$2,578,900✓
Jan 20185042,350 sf$1,989,900✓
Jan 20189022,791 sf$2,535,400✓
Jan 20189013,655 sf$3,530,900✓
Jan 201814072,956 sf$2,725,000✓
Jan 20188072,738 sf$2,249,900✓
Jan 201812032,918 sf$2,375,400✓
Jan 201810052,977 sf$2,634,100✓
Jan 201811022,877 sf$2,806,900✓
Jan 20187062,709 sf$2,473,900✓
Jan 201815043,989 sf$5,341,000✓
Jan 201810062,830 sf$2,500,000✓
Jan 20186032,670 sf$2,125,900✓
Jan 201810013,733 sf$3,324,900✓
Jan 20189053,233 sf$3,067,500✓
Jan 20186072,670 sf$2,092,900✓
Jan 20188042,518 sf$2,154,900✓
Jan 20187032,709 sf$2,237,900✓
Jan 20185032,626 sf$2,146,900✓
Jan 20188013,507 sf$3,163,400✓
Jan 201810072,830 sf$2,665,000✓
Jan 201815074,417 sf$5,244,800✓
Jan 201811053,026 sf$5,375,000✓
Jan 201811043,032 sf$5,375,000✓
Jan 20186042,406 sf$2,015,000✓
Jan 201811013,803 sf$3,884,400✓
Jan 20187013,551 sf$3,334,900✓
Jan 20185062,626 sf$2,046,900✓
Jan 201815064,417 sf$5,505,400✓
Jan 201814013,899 sf$3,509,900✓
Jan 20189083,655 sf$3,362,900✓
Jan 20188083,588 sf$3,272,500✓
Jan 20185053,010 sf$2,559,900✓
Jan 20187083,545 sf$3,328,900✓
Jan 20187032,709 sf$5,104,900✓
Jan 20187022,709 sf$5,104,900✓
Jan 201811062,877 sf$2,742,900✓
Jan 201814062,956 sf$2,846,900✓
Jan 20185083,411 sf$3,472,900✓
Jan 20185053,010 sf$2,714,900✓
Jan 201814053,140 sf$5,690,500✓
Jan 201814043,153 sf$5,690,500✓
Jan 201811072,877 sf$2,681,400✓
Jan 20189072,791 sf$2,641,900✓
Jan 20185072,626 sf$2,414,900✓
Jan 201815024,030 sf$5,259,200✓
Jan 201812062,918 sf$3,235,000✓
Dec 201714072,956 sf$2,761,900✓
Dec 201712072,918 sf$2,819,900✓
Dec 20177072,709 sf$2,493,900✓
Dec 201715015,824 sf$8,000,000✓
Dec 20175083,415 sf$3,750,000✓
Dec 20176032,670 sf$2,500,000✓
Dec 201712053,091 sf$6,281,000✓
Dec 201712043,085 sf$6,281,000✓
Dec 201712013,849 sf$3,744,500✓
Dec 20176042,396 sf$2,551,400✓
Dec 20178032,750 sf$2,495,900✓
Dec 201715034,417 sf$5,527,900✓
Dec 20179032,791 sf$2,650,000✓
Dec 20175062,626 sf$2,449,900✓
Dec 20175032,628 sf$2,465,900✓
Dec 201710062,830 sf$2,650,000✓
Dec 20178022,750 sf$2,500,000✓
Dec 20178062,750 sf$2,607,500✓
Dec 20179042,567 sf$2,240,000✓
Dec 20175022,628 sf$2,406,900✓
Dec 201711013,781 sf$3,560,500✓
Dec 20176013,466 sf$3,337,000✓
Dec 20176072,670 sf$2,522,000✓
Dec 20179062,791 sf$2,644,900✓
Dec 20175013,400 sf$3,268,900✓
Nov 20179053,233 sf$2,614,400✓

✓ = qualified arms-length per the Miami-Dade Property Appraiser. 27 nominal-consideration paper transfers omitted.

This page reflects publicly available information compiled by The Roebling Research Desk. Specific building details should be confirmed with the association during due diligence; the recorded Declaration of Condominium, the current building budget, the current tax bill, the structural integrity reserve study and milestone-inspection status should be reviewed for any specific transaction. © 2026 The Roebling Team at Compass.

Considering a move at Privé at Island Estates?

Request a private building brief with the relevant recorded sales, current and off-market availability, and an apartment-specific view of value.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Licensed Associate Real Estate Broker · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com

Building facts and sales records are compiled from Miami-Dade County public records (Property Appraiser) and reviewed against recognized architectural references. Figures are reported as recorded and may be updated as the county updates its records. This page is informational and is not an offer or solicitation. Apartment estimates are automated, from public records, and are not appraisals.

A note on representation

The Roebling Team at Compass is led by Corey Cohen, a New York licensed associate real estate broker. For a purchase or sale in Miami, we introduce you to a licensed Compass agent there by referral and handle the New York side of your move ourselves. This page and its calculators are research, not an offer of representation.

To plan a move between Manhattan and Miami, schedule a consultation; where appropriate we’ll introduce you to a vetted Compass agent in the local market.