5000 Island Estates, Aventura, FL 33180
Prive is reportedly almost 75 percent sold
About a month out from completion and Privé at Island Estates, one of the most unique residential developments under construction in Miami, just inked a couple of big sales totaling $12 million.
Privé Island is nearing completion off the coast of Aventura, with the unique 160-residence luxury development expected to open in July.
Now at 65 percent sold, the 16-story development is on track for completion in the Summer of 2017.
Fresh off receiving its $200-million construction loan, Privé Island in Aventura appears poised to become one of South Florida's hottest commodities during a time when many have been expecting a lull in the increasingly oversaturated condo market.