5500 ISLAND ESTATES DR 501, Aventura, FL 33160

Parcel: 2822020540010 · Residential · Condominium - Residential · Zoning: 0600

Assessed Value (2025)
$3,263,000

Property Details

Beds
4
Baths
5.5
Living Sqft
3,400
Year Built
2017
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$3,268,900
2017-12-05
PRIVE DEVELOPERS LLCPWRR LLC
2
$4,450,000+36%
2026-03-24
PWRR LLCLUIS FERNANDO TERAN

Tax Assessment History

$3,263,000
Assessed (2025)
$3,263,000
Market Value
$3,263,000
Taxable Value
$66,432
Annual Tax
2024
$3,263,000
2025
$3,263,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $3,263,000 $3,263,000 $3,263,000 $66,432
2024 $3,263,000 $3,263,000 $3,263,000 $66,432

About 5500 ISLAND ESTATES DR 501, Aventura, FL 33160

5500 ISLAND ESTATES DR 501, Aventura, FL 33160 is a 4-bedroom, 5.5-bathroom residential - total value : condominium - residential built in 2017 with 3,400 square feet of living space. The property is currently owned by LUIS FERNANDO TERAN SERAFINA DEL CARMEN TERAN, recorded as of 2026-04-21. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2026-03-24 for $4,450,000, when PWRR LLC sold to LUIS FERNANDO TERAN. The property has appreciated $1,181,100 (36%) since the prior sale of $3,268,900 on 2017-12-05. The 2025 assessed value is $3,263,000 with a market value of $3,263,000.

The median household income in this area is $155,764, and the median home value is $732,700. The population density is 17,029 people per square mile. 5500 ISLAND ESTATES DR 501, Aventura, FL 33160 is located in Aventura, Florida.

Property records, tax assessments, sales history, and ownership information for this Aventura property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2017 to 2026, with 2 recorded transactions in the public record. The current assessed value represents 73% of the most recent sale price.

Based on the most recent sale, this property traded at $1309 per square foot — a key metric for comparing value across Aventura's real estate market..

Current Owner

LUIS FERNANDO TERAN SERAFINA DEL CARMEN TERAN
5500 ISLAND ESTATES DR 501, AVENTURA, FL, 33160
Since: 2026-04-21
View owner profile →

Est. Annual Insurance

$19,978 — $33,430
Flood $400 — $800
Property/Wind $19,578 — $32,630

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$155,764
Median Home Value$732,700
Pop. Density17,029/sq mi

Neighborhood 33160

29.2%
Owner-Occ
70.8%
Investor
338
Flips (4yr)
6,693
New Biz (3yr)
Distress Risk
ELEVATED
43
View full risk analysis →
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