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$9,999,999

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 5 Full Baths
  • 2 Partial Baths
  • 5,319 Sq. Ft.
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A rare opportunity on one of South Florida's most coveted private islands! This waterfront estate embodies privacy, elegance, and scale at the highest level. The residence offers 4 bedrooms plus a maid's suite, 7 bathrooms, a grand foyer, elevator, bar, summer kitchen, and a chef's kitchen for both intimate dining and entertaining. Interiors are defined by volume and light, opening seamlessly to outdoor living. A resort-style pool terrace captures sweeping views of the Intracoastal & the luminous Sunny Isles skyline, where each sunrise and sunset unfolds in uninterrupted panorama. Within this prestigious gated enclave, residents enjoy 24-hour security and proximity to pristine beaches, luxury resorts, acclaimed dining, and world-class shopping-delivering a lifestyle without compromise.

Full Property Details for 4040 Island Estates Dr

General

  • Price: $9,999,999
  • HOA FEE: $4,431/month
  • Taxes: $62,718 (2025)
  • Status: Active
  • Type: Single Family
  • Source: Greater_Miami
  • MLS ID: A11875082
  • Updated: 9/9/2025
  • Added to Site: 131 day(s) ago

Interior

  • Interior Features: First Floor Entry, Elevator, Entrance Foyer, Vaulted Ceiling(s), Volume Ceilings, Walk-In Closet(s), Wet Bar, Den/Library/Office, Family Room, Great Room, Utility Room/Laundry
  • Appliances: Dishwasher, Dryer, Gas Range, Refrigerator, Washer
  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 7
  • Full Bathrooms: 5
  • Half Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4
  • Bedroom Features: Primary Bedroom Upstairs

Other Rooms

  • Living Room: Den/Library/Office, Family Sq. Ft.
  • Laundry: Utility Room/Laundry

Additional Information

  • Pool: Yes
  • Pool Description: In Ground, 11x30
  • Security/Safety: Fire Alarm
  • Equipment: Elevator

Exterior

  • Exterior Features: Built-In Grill, Lighting, Open Balcony, Outdoor Shower
  • Deck/Patio: Open Balcony, Patio

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2
  • Parking Features: Driveway, Guest

Location

  • Area: Island Estates
  • County: Miami-Dade County
  • Subdivision: ISLAND ESTATES
  • Building Name: ISLAND ESTATES
  • Direction Faces: West

Community

  • Community Name: Island Estates
  • Gated community: Yes
  • Association: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Municipal Water

Structural Information

  • Architectural Style: Detached, Two Story, Mediterranean
  • Structure Type: House
  • Detached/Attached: Detached
  • Construction: CBS Construction
  • Roof: Barrel Roof
  • Entry Location: Foyer
  • Building Size: 7040
  • Square Feet: 5,319
  • Living Area: 5,319 Sq. Ft.
  • Year Built: 2001

Lot Features

  • Property View: Intracoastal View
  • Lot Size (Sq. Ft.): 10,834
  • Frontage Feet: 57
  • Lot Features: Less Than 1/4 Acre Lot
  • Zoning: 600

Water Features

  • Water Front: Yes
  • Water Front Desc.: Ocean Access, Intracoastal Front, No Fixed Bridges

Financial Considerations

  • Price Per Sq. Ft.: $1,880.05
  • Association Fee: $4,431
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $62,718
  • Tax Year: 2025
  • Terms: All Cash, Conventional

Disclosures and Reports

  • Legal Description: ISLAND ESTATES PB 155-3 T-20322 LOT 15 BLK 2 LOT SIZE 10833 SQ FT FAU 28-2210-078-0010 OR 19992-1572 10 2001 1
  • Restrictions: Assoc Approval Required, Ok To Lease With Res
  • Inclusions: Other
  • Property ID: 28-22-10-085-0210

Listed by Compass Florida, LLC

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Listing agent

— 4040 Island Estates Dr —

  • Compass Florida, LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 4040 Island Estates Dr

School District:Dade County School District
NameGradesDistance
Aventura Waterways K-8 Center
21101 Northeast 26th Avenue, Miami, FL 33180
PK-52.1 mi
Highland Oaks Middle School
2375 Northeast 203rd Street, Miami, FL 33180
6-81.9 mi
Dr Michael M. Krop Senior High School
1410 Northeast 215th Street, Miami, FL 33179
9-123.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4040 Island Estates Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/09/2025
Listed
$9,999,999
187.13%
MLS
12/06/2013
Sold
$3,482,800
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4040 Island Estates Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$68,525
9%
$5,033,439
10%
2023
$62,718
39%
$4,581,686
79%
2021
$44,992
-10%
$2,557,438
-19%
2022
$50,107
11%
$3,141,958
29%
2021
$44,992
-8%
$2,438,527
-12%
2019
$49,140
4%
$2,779,843
-1%
2018
$47,144
-9%
$2,797,366
-6%
2017
$51,848
—
$2,968,711
2%
2016
$52,020
-2%
$2,915,820
—
2015
$53,139
7%
$2,918,789
10%
2014
$49,619
28%
$2,665,321
26%
2013
$38,736
—
$2,119,514
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Compass Florida, LLC

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4040 Island Estates Dr, Aventura, FL 33160 (MLS# A11875082) is a Single Family property with 4 bedrooms, 5 full bathrooms and 2 partial bathrooms. 4040 Island Estates Dr is currently listed for $9,999,999 and was received on September 09, 2025. Want to learn more about 4040 Island Estates Dr? Do you have questions about finding other Single Family real estate for sale in Aventura? You can browse all Aventura real estate or contact a Coldwell Banker agent to request more information.

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