Prive Condos For Sale & Rent

Prive Island Condo Overview

Prive Island is an Aventura condo building at 5000 Island Estates Dr in Aventura. Built in 2017, the property has 16 stories and 148 residences. Buyers usually compare water or golf views, amenities, parking, rental rules, shopping access, marinas, and major-road connectivity.

Prive Island Condos for Sale

Prive Island condos for sale should be compared by water, golf, or city exposure, floor height, layout, building amenities, parking, monthly fees, and Aventura access. Buyers should review recent comparable sales, view quality, interior condition, parking, monthly fees, building rules, reserves, and insurance considerations before deciding how a listing is positioned.

Prive Island Rentals and Rental Policy

Rental policy currently shows a long-term rental setup, a 6-month minimum rental term and up to 2 rentals per year. Buyers should verify association rules, approval timing, lease fees, taxes, city requirements, and current restrictions before relying on projected income.

Amenities and Building Details

The building was designed by Sieger Suarez and developed by Prive Developers. The building is pet-friendly. Tennis access is also part of the building review. Buyers should review amenities, parking, security, reserves, insurance considerations, association rules, and monthly fees with the specific residence. Each unit in Prive is a haven of sophistication, featuring expansive balconies, soaring 10-foot high ceilings, outdoor summer kitchens, custom-designed European cabinetry, and top-tier appliances.

What to Compare Before Buying at Prive Island

Compare active condos for sale, active rentals, recent sales, view quality, unit condition, monthly fees, parking, rental rules, pet policy, and Aventura convenience. It is also useful to compare Prive Island with nearby buildings and area pages such as Aventura.

Market Context

Prive Island has completed-year closed-sale history from 2018 through 2025 in the market statistics, with 83 recorded condo sales, or about 10 sales per year. That gives buyers a useful resale sample, but individual unit differences still need to be adjusted carefully. The busiest year in the series was 2021 with 31 sales, while the quietest was 2018 with 2. Recent completed-year sales volume is below the long-term average. The gap between the busiest and quietest years also shows why buyers should separate building demand from broader market-cycle timing.

The completed-year price-per-square-foot history for Prive Island ranges from about $759/sqft to $1,276/sqft, with an average near $1,017/sqft across the years shown. That range gives buyers room to separate stronger lines and renovated units from more ordinary comparisons. The last completed year in the series is higher than the first, moving from $816/sqft in 2018 to $1,059/sqft in 2025. The recent completed-year price-per-square-foot average is above the long-term average. Average closed price over the same completed-year period was about $3,182,130, but that number should be read by bedroom count, size, view, and renovation level.

Bedroom-level statistics also help explain value at Prive Island: 3 Beds and 4 Beds+ units have the broadest historical comparison set, while 4 Beds+ around $4,276,994 and 3 Beds around $2,855,275 represent the higher average closed-price tiers in the chart data. Because that segment appears across several years, it is more useful as a comparison base than a one-off sale. Buyers should compare units within the same bedroom count before deciding whether a listing is expensive or well positioned. Prive Island also has long-term rental positioning with a 6-month minimum lease and up to 2 rentals per year, which should be read together with the long-term sales data. That points to a more traditional ownership profile, so long-term tenant quality, association approvals, and carrying costs matter more than short-stay turnover.