The project
Prive at Island Estates is the twin-tower, 160-residence condominium on a private 8-acre island in Aventura, developed by Prive Developers, LLC, a joint venture of BH3 and developer Gary Cohen, with architecture by the Sieger Suarez Architectural Partnership. Construction began in spring 2015 and first closings took place in January 2018.
Because the project is sold out as new construction, purchases are resale transactions. Listings run roughly $2.4M to $9.9M, and the roughly 70,000 sq ft of amenities includes two spa and fitness centers, a private beach club, four pools and a private marina.
Project snapshot
Prive at Island Estates at a glance.
The facts below are drawn from this guide and from the developer's published materials. Where a fact is not verified, the page says so plainly rather than guessing.
- Location / County
- Aventura (Island Estates), Miami-Dade County
- Residence types
- 2-4 bedroom residences; penthouses
- Status
- Sold Out
- Estimated completion
- Delivered 2018
- Published pricing
- Resale from ~$2.4M
- Developer
- Prive Developers, LLC (BH3 and Gary Cohen)
- Sales gallery
- Delivered building; resale by appointment
- Rental restrictions
- Contact for current information
Information reviewed October 2026. Prices, availability, and completion dates change frequently. Confirm current terms with the developer or a licensed advisor.
- Two 16-story towers, 160 residences, first closings January 2018: Source: Developer press release and building records, verified October 2026
- Architecture by Sieger Suarez; interiors by Steven G.: Source: Developer press materials, verified October 2026
- Resale listings roughly $2.4M-$9.9M: Source: Listing data, verified October 2026
- Private 8-acre island location with marina: Source: Developer press release, verified October 2026
Sources consulted for this guide
- PR Newswire, construction start release, June 2015
- Multifamily Executive, project feature
- Miami Condo Investments, Prive guide
- Homes.com, building record
Source links open in a new tab and are provided for verification only. Facts carry the verification date recorded above; prices, availability, and timelines change and require sales-gallery confirmation.
Verified facts carry the source links above, each pointing to the original public source where one is available. Everything else on this page is marked Not verified or Contact for current information. This page never hosts or hotlinks external files, renderings, brochures, or floor plans; where a document exists only on the developer's site, the source link above is the reference.
At a glance
Prive at Island Estates in Aventura, in numbers.
County
Miami-Dade
City
Aventura
Neighborhood
AventuraDeveloper
Prive Developers, LLC (a joint venture of BH3 and developer Gary Cohen)
Address
5000 & 5500 Island Estates Drive, Aventura, FL 33160
Price range
Resale roughly $2.4M-$9.9M
Starting price
Resale from ~$2.4M
Residences
160
Floors
16 (two towers)
Sales availability
Sold out as new construction; resale market from about $2.4M
Est. completion
Delivered 2018 (first closings January 2018)
Residence types
2-4 bedroom residences, Penthouses
Construction status
Sold Out
Property category
Condominium
Design & architecture
Architecture by Sieger Suarez Architectural Partnership; interiors by Steven G.
Official website
Contact for current information
Gallery
Renderings and interiors.
Developer renderings and interior imagery are updated as phases release. Current documents are shared privately with registered buyers.
Interior renderings on request
Floor plans on request
Pricing & availability
What Prive at Island Estates costs today.
The advertised starting price is the developer's published entry point. Available units, real pricing bands, and incentives change as phases sell, so we confirm current terms with the sales team before you commit capital.
- Advertised starting price
- Resale from ~$2.4M
- Published price range
- Resale roughly $2.4M-$9.9M
- Available units / sales status
- Sold out as new construction; resale market from about $2.4M
- Price by bedroom configuration
- Resale listings roughly $2.4M-$9.9M; residences from about 2,585 sq ft with penthouses over 9,000 sq ft
- Penthouse pricing
- Penthouse residences exceed 9,000 sq ft with private elevator entry
- Deposit schedule
- Contact for current information
- Developer incentives
- Contact for current information
Current pricing sheet for Prive at Island Estates.
Price lists, deposit schedules, and any developer incentives are shared privately with registered buyers after the sales team confirms today's numbers.
Request current pricingWhere a number is not published on this page, the row reads Contact for current information rather than guessing. Never treat an advertised starting price as the price of a specific available unit.
Architecture & residences
The building and residences at Prive at Island Estates.
The building profile below records what this page verifies about the tower and its residences: floor counts, unit mix, dimensions, finishes, and views. Anything the page does not state is marked Not verified rather than guessed. Layouts, dimensions, and pricing change as phases sell, so current floor plan documents, view matrices, and availability are shared with registered buyers.
- Towers / floors
- 16 (two towers)
- Total residences
- 160
- Residence types
- 2-4 bedroom residences, Penthouses
- Square footage
- Two to Three Bedroom: From ~2,585 sq ft; Penthouses: 9,000+ sq ft
- Ceiling heights
- 10-foot glass walls and full-depth balconies with summer kitchens on many plans
- Finishes
- Not verified
- Kitchens
- Not verified
- Baths
- Not verified
- Smart-home features
- Not verified
- Parking & storage
- Not verified
- Views
- East and west water views
The floor plans at Prive at Island Estates.
Layouts, dimensions, and pricing change as phases sell. We share current floor plan documents, view matrices, and availability with registered buyers.
Two to Three Bedroom
2-3 bedroom · From ~2,585 sq ft
Entry and mid-size plans from about 2,585 sq ft.
Four Bedroom
4 bedroom · On request
Four-bedroom layouts with east and west water views.
Penthouses
PH bedroom · 9,000+ sq ft
Penthouse residences exceed 9,000 sq ft with private elevator entry.
Full floor plan documents, view matrices, and current availability are shared privately with registered buyers.
Request floor plansAmenities & lifestyle
The amenity program at Prive at Island Estates.
The list below records every amenity this page verifies for the project. Where the status of an amenity is not documented on this page, confirm with the sales team whether it is planned or already operating before you rely on it.
About 70,000 sq ft of amenities
Two 10,000-sq-ft two-story spa and fitness centers
Private library and private dining room
Wine room and cigar lounge
In-house car wash and pet salon
Two pools with beach entry and lap lanes
Lighted tennis courts and jogging trail
Private beach and beach club
Private marina with limited boat slips
Private elevator entry with 10-ft glass walls
Construction & completion
Where Prive at Island Estates stands today.
Completion dates on new construction are estimates, not promises: they shift with permitting, financing, and the pace of the build. Announced milestones below are the ones this page records; anything unverified is marked plainly, and the current timeline should be confirmed with the developer before you plan around it.
- Construction status
- Sold Out
- Estimated completion
- Delivered 2018 (first closings January 2018)
- Announced milestones
- Construction began spring 2015; towers completed 2017 with first closings January 2018
Estimated completion is the developer's target as recorded on this page and is not a verified delivery date. Where the timeline is not verified, current scheduling requires confirmation with the project's sales team.
Location & neighborhood
Where Prive at Island Estates sits.
Address, neighborhood position, and nearby attractions below are recorded from this page's own project notes. Drive times, walk scores, and ratings are never invented on this site; where they are not documented here, the community guide is the best next step.
- Street address
- 5000 & 5500 Island Estates Drive, Aventura, FL 33160
- City
- Aventura
- County
- Miami-Dade
- Neighborhood
- Aventura
- Position & nearby
- 5000 & 5500 Island Estates Drive on a private 8-acre island between Williams Island and Sunny Isles Beach
- Transport notes
- Not stated on this page
Community guide
Aventura
Explore Aventura living, dining, and market context in the full community guide.
Explore the areaOwnership considerations
What to know before you commit.
General guidance for new construction buyers. Building-specific details are marked "Not verified" where they have not been confirmed for this project.
- Short-term rental policy
- Not verified on this page; rental rules are confirmed in the governing documents before you commit
- Minimum rental period
- Not verified
- Leasing / owner-occupancy rules
- Not verified; confirm current leasing and occupancy terms with the sales team
- HOA / condo fees
- Not published on this page; request the current budget before you commit
- Financing notes
- Not verified on this page; the deposit schedule above records the financing model this page states for the project, and loan terms are confirmed before contract
Closing costs
Florida buyer closing costs typically include title insurance, lender fees, county recording charges, prorated property taxes, and Florida documentary stamp tax on the purchase price. The exact figure for this project is not published on this page, so confirm the current estimate before you sign. Not verified.
Not verified
HOA and condo fees
New developments typically assess monthly HOA or condominium fees covering common areas, amenities, insurance, and building staff, with special assessments possible for capital projects. Monthly fees for this project are not published on this page; request the current budget. Not verified.
Not verified
Deposit process
Pre-construction purchases in Florida commonly require staged deposits across contract, groundbreaking, and closing milestones, held in escrow. The exact schedule for this project should be confirmed in writing with the developer before you commit. Not verified.
Not verified
Flood and wind insurance
Coastal Florida properties carry flood and windstorm insurance requirements that can add meaningfully to monthly carrying costs, and premiums have risen across the state. The current premium profile for this project is not published on this page; confirm with an insurance advisor. Not verified.
Not verified
Buyer questions
Prive at Island Estates, answered.
Pricing, deposits, timelines, the developer, and the investment case, answered directly. For the broader picture on South Florida new construction, browse the full FAQ hub.
New Construction South Florida FAQsWhat is the construction status of Prive at Island Estates?
As of our latest review, Prive at Island Estates is sold out. Status changes as construction advances, and we confirm the current position with the sales team before sharing it with buyers.
When will Prive at Island Estates be completed?
Estimated completion for Prive at Island Estates is Delivered 2018. Delivery dates are developer estimates and shift with permitting and construction, so we confirm the current schedule before you plan around it.
What are the current prices at Prive at Island Estates?
Current pricing for Prive at Island Estates starts at Resale from ~$3.2M. Price lists change as phases sell, so we confirm today's numbers and availability directly with the sales team for registered buyers.
What is the typical deposit structure for pre-construction in Miami-Dade County?
Most developers in Miami-Dade County structure deposits at 20% to 30% of the purchase price, paid in installments across construction milestones: commonly 10% at contract, then additional payments at groundbreaking, topping out, and closing. Deposits are held in escrow, and the exact schedule is negotiated in the purchase agreement.
How do I get floor plans and current availability for Prive at Island Estates?
Floor plan documents, view matrices, and current availability are shared privately with registered buyers. Tell us which layouts and views interest you, and we will request the current documents from the sales team.
Can I rent out a residence at Prive at Island Estates?
Rental eligibility at Prive at Island Estates was not verified at the time of our latest review. New-construction buildings and communities in Florida often restrict short-term rentals or set minimum lease terms, so rental rules are confirmed in the governing documents before you commit. Contact for current information on this project's rental policies.
Can I buy a new Prive at Island Estates unit?
No. The twin towers sold out as new construction and delivered in 2018; any purchase today is a resale transaction, with listings roughly $2.4M to $9.9M.
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Request pricing & floor plans for Prive at Island Estates.
Tell us the floor plans and views you are considering, and we will respond with current availability, pricing, deposit structure, and the contract terms that matter before you commit. Complete discretion, no obligation.
Current availability and pricing across the project
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Honest comparison against the resale market
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