5500 ISLAND ESTATES DR 701, Aventura, FL 33160

Parcel: 2822020540030 · Residential · Condominium - Residential · Zoning: 0600

Assessed Value (2025)
$2,413,256

Property Details

Beds
4
Baths
5.5
Living Sqft
3,529
Year Built
2017
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$3,920,000
2018-07-10
PRIVE DEVELOPERS LLCSTEVEN RAPP

Tax Assessment History

$2,413,256
Assessed (2025)
$3,328,700
Market Value
$2,362,534
Taxable Value
$48,099
Annual Tax
2024
$2,345,244
$3,328,700
2025
$2,413,256
$3,328,700
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $2,413,256 $3,328,700 $2,362,534 $48,099
2024 $2,345,244 $3,328,700 $2,295,244 $46,729

About 5500 ISLAND ESTATES DR 701, Aventura, FL 33160

5500 ISLAND ESTATES DR 701, Aventura, FL 33160 is a 4-bedroom, 5.5-bathroom residential - total value : condominium - residential built in 2017 with 3,529 square feet of living space. The property is currently owned by STEVEN RAPP RANDI RAPP, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2018-07-10 for $3,920,000, when PRIVE DEVELOPERS LLC sold to STEVEN RAPP. The 2025 assessed value is $2,413,256 with a market value of $3,328,700. The assessed value increased 3% from $2,345,244 in 2024.

The property has the following tax exemptions: homestead. 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 701, 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 current assessed value represents 62% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $1111 per square foot — a key metric for comparing value across Aventura's real estate market..

Current Owner

STEVEN RAPP RANDI RAPP
5500 ISLAND ESTATES DR APT 701, AVENTURA, FL, 33160-5197
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$14,879 — $24,932
Flood $400 — $800
Property/Wind $14,479 — $24,132

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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