Privé at Island Estates is a gated eight-acre private island in the Intracoastal at 5000 Island Estates Drive, Aventura, holding two 16-story towers and 160 residences completed in 2017. Our directory records a range of about $2.2 million to $14 million, averaging roughly $900 per square foot, with dues near $1.40 per square foot per month.
The island is the product
Most Miami condo buildings sell a view. Privé sells an approach. The community occupies its own eight-acre island in the Intracoastal Waterway, reached by a single bridge through a guard gate, with water on every side. Our record describes a private marina, a beach, a spa and a restaurant on the island itself.
That geography is the whole thesis. In a market where waterfront usually means a tower on a strip of coastline with neighbors on either side, an island footprint gives the community a controlled perimeter and gives its residences water in most directions. Our scoring reflects it: Waterfront is the building's highest factor at 9.6, with Views close behind at 9.4.
The trade-off is equally structural. An island reached by one bridge is a private address rather than a walkable one. Location scores 8.4, our lowest factor for the building, and that is a fair reading of a site minutes from Aventura's retail core by car and not on foot.
What our building record holds
Privé at Island Estates was completed in 2017 and carries a development status of existing rather than preconstruction. It runs to 16 stories across two towers, with 160 residences in total. The architect of record is Sieger Suarez, the developer is Gary Cohen with BH3, and the interiors are credited to Steven G. Bedroom counts run three to five.
Pricing in our research spans roughly $2.2 million to $14 million and averages approximately $900 per square foot. Association dues are recorded at about $1.40 per square foot per month. Averaged across the six factors we score, the building carries an HQ Rank of 9.1.
These are our directory's figures as of August 2026, not live inventory. We do not currently operate an MLS feed for the Miami market, so any listings shown on our Miami pages are clearly labeled samples. Treat every number here as research to verify against a current listing rather than as a comparable. The full profile renders at /buildings/prive-island-aventura.
The arithmetic of 160 residences
The unit count is the number worth sitting with. Two 16-story towers holding 160 residences works out to 80 per tower and roughly five residences per floor on average, which is consistent with the large floor plates a three-to-five bedroom range implies.
Density of that order shapes daily life in ways price per square foot never captures. Elevator waits, amenity contention, parking and the plain question of how many households share a lobby all scale with the count. A 160-residence community spread across eight acres is a materially different product from a single 400-unit tower on a quarter-acre pad, even at a similar price per foot.
It also concentrates the association's cost base. The fixed expenses of an island — the bridge, the gate, the marina, the seawall, the grounds — are divided among 160 owners rather than several hundred, and that is the mechanism behind the dues figure below.
What the dues actually buy
At the recorded $1.40 per square foot per month, a 3,000-square-foot residence carries roughly $4,200 a month in association dues. That is a substantial line item beside taxes and insurance, and an underwriting model built on price per square foot alone will understate the monthly carrying cost badly.
The figure is defensible against what it funds: guard-gated access, an island's grounds and seawall, a marina, a beach, a spa and a restaurant, spread across a small owner base. Small communities buy privacy and pay for it in dues per owner. Privé is a clear instance of that trade rather than an exception to it.
Dues change, and our record is research rather than an association statement. Ask for the current assessment, the operating budget and the reserve study before treating any of this as settled. Our checklist at /blog/miami-condo-hoa-health-checklist covers what to request and how to read it.
Privé and Williams Island, by our own numbers
Aventura's two guard-gated island communities in our directory make an instructive pair, and the contrast shows up in the data rather than in adjectives.
Williams Island covers 84 acres against Privé's eight. Our record lists it at 320 residences across multiple towers, completed in 2008, with a bedroom range of one to five. Its recorded pricing averages about $540 per square foot over a range of roughly $550,000 to $8 million, with dues near $1.30 per square foot per month.
So on our figures Privé prices about two-thirds higher per square foot, on a newer building with half the residences and a tenth of the land. Williams Island offers a wider entry point and resort-community scale; Privé offers scarcity and a 2017 vintage. Its profile is at /buildings/williams-island. Which is worth more is a preference rather than a fact, and the gap between them is our research estimate, not a measured spread between closed sales.
Aventura around it
Aventura is a small city in northeast Miami-Dade, bounded by the Intracoastal and organized around Aventura Mall and the golf and country-club properties near it. It reads as suburban next to Brickell or South Beach, and its condo stock skews toward full-service towers with large floor plates, family buyers and second-home owners.
Our neighborhood profile is at /neighborhoods/aventura and the fuller market write-up at /blog/aventura-condo-guide. Buyers weighing Aventura against the oceanfront towers immediately north will find that comparison at /blog/aventura-vs-sunny-isles-beach-condos.
Questions buyers ask about Privé at Island Estates
When was Privé at Island Estates built?
Our building record lists completion in 2017, with a development status of existing rather than preconstruction. The architect of record is Sieger Suarez, the developer Gary Cohen with BH3, and the interiors are credited to Steven G.
How many residences are there?
Our record lists 160 residences in total across two 16-story towers, which averages 80 per tower and about five per floor. Bedroom counts run three to five.
What do residences cost at Privé?
Our directory records a range of roughly $2.2 million to $14 million, averaging approximately $900 per square foot as of August 2026. That is research data rather than live inventory, and the range is wide enough that it should not be used to price a specific residence.
What are the HOA dues?
Our record lists approximately $1.40 per square foot per month, which works out to roughly $4,200 a month on a 3,000-square-foot residence. Dues change, so confirm the current assessment and review the association's budget and reserves before relying on the figure.
Why is Privé's HQ Rank 9.1?
It is the average of the six factors we score for the building: Waterfront 9.6, Views 9.4, Quality 9.2, Age 9.2, Health 9.0 and Location 8.4. The individual factors render on the building profile.
How to check any of this
Every figure above is our directory's research as of August 2026. We do not operate a live MLS feed in the Miami market, so nothing here is a live comparable and the sample listings on our Miami pages are labeled as samples. Broader inventory context sits at /condos-for-sale and dated market figures at /market-stats.
We are a research and listings platform, not a brokerage. We do not list on the MLS, negotiate offers or close transactions. When you want current availability on the island, the association's budget and reserve study read, or a residence seen in person, we introduce you to a licensed partner agent.
Written by
Miami Condo HQ
Miami Condo Specialists
Miami Condo HQ is a Miami condo platform — in-depth profiles for the condo buildings we track across Miami, for-sale and for-rent listings, building profiles and Miami market research, and honest, pressure-free guidance for buyers, sellers and investors across South Florida.
