5500 ISLAND ESTATES DR 705, Aventura, FL 33160

Parcel: 2822020540430 · Residential · Condominium - Residential · Zoning: 0600

Assessed Value (2025)
$2,451,675

Property Details

Beds
4
Baths
5.5
Living Sqft
3,120
Year Built
2017
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$3,360,000
2020-12-01
PRIVE DEVELOPERS LLCNANCY C ESPTEIN TRS
2
$3,600,000+7%
2025-10-27
NANCY C ESPTEIN TRSJAMES PETER GIESELMAN JR
3
$3,600,000
2025-11-05

Tax Assessment History

$2,451,675
Assessed (2025)
$2,755,200
Market Value
$2,400,953
Taxable Value
$48,881
Annual Tax
2024
$2,382,581
$2,755,200
2025
$2,451,675
$2,755,200
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $2,451,675 $2,755,200 $2,400,953 $48,881
2024 $2,382,581 $2,755,200 $2,332,581 $47,489

About 5500 ISLAND ESTATES DR 705, Aventura, FL 33160

5500 ISLAND ESTATES DR 705, Aventura, FL 33160 is a 4-bedroom, 5.5-bathroom residential - total value : condominium - residential built in 2017 with 3,120 square feet of living space. The property is currently owned by JAMES PETER GIESELMANN JR, recorded as of 2026-05-03. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2025-11-05 for $3,600,000. There are 3 recorded sales for this property. The 2025 assessed value is $2,451,675 with a market value of $2,755,200.

The assessed value increased 3% from $2,382,581 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. There are active mortgage liens totaling $2,681,928 recorded against this property. 5500 ISLAND ESTATES DR 705, 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 2020 to 2025, with 3 recorded transactions in the public record. The current assessed value represents 68% 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 $1154 per square foot — a key metric for comparing value across Aventura's real estate market..

Current Owner

JAMES PETER GIESELMANN JR
5500 ISLAND ESTATES BLVD 701N, AVENTURA, FL, 33160
Since: 2026-05-03
View owner profile →

Est. Annual Insurance

$15,110 — $25,316
Flood $400 — $800
Property/Wind $14,710 — $24,516

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 →

Mortgages

ACTIVE
$2,700,000
~$2,681,928 bal.
UNITED WHOLESALE MORTGAGE LLC · 2025-11-05
Est. Total Balance $2,681,928
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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