Prive at Island Estates reaches 65 percent sold milestone with more than $300 million sold.
August 19, 2016
During a time when the real estate market is experiencing a correction, many luxury developments have cancelled sales and marketing, Privé at Island Estates has experience the opposite as they announce that up-to-date they have sold more than $300 million in inventory and are now 65 percent sold, as the second tower nears top-off.
The luxury dual towers sit on the last buildable island in South Florida each with 80 flow-through units. Enticing to many demographics including, Mexico, Brazil and the North East, among others who look for expansive living space, the luxury residences have now sold 50 percent of the penthouse collection.
Privé at Island Estates is anchored in the waters of the Aventura Intracoastal on the last buildable eight-acre island in all of South Florida, Privé Island. The exclusive island is home to the two iconic 16-story boutique luxury towers each with 80 flow-through units ranging from 2,585 square-feet to more than 5,600 square-feet.
The multi-million dollar homes are a collaboration of a local star team, including developers Gary Cohen and BH3’s Greg Freedman, Daniel Lebensohn and Charles Phelan, locally-celebrated Architect Sieger-Suarez and modern interiors by Stephen G.
Privé Island offers 5-star resort-style amenities with 70,000 square-feet of public space, including 360 degrees running paths outlining the island, out-door summer kitchens and dining terraces, a private beach, a pier, two expansive lap pools and a private marina with 48 slips holding up to 150-feet boats.
Each luxury tower boasts 10,000 square-feet of amenities including a water-front two-story fitness center and state-of-the art spa with steam room and sauna, toddlers’ playroom, social entertainment rooms, private dining rooms, library, wine room, cigar room, business meeting centers, dog grooming salon and more. Residences start at $2.1 million.