3131 NE 188 ST 2-505, Aventura, FL 33180

3131 NE 188 ST 2-505, Aventura, FL 33180 is a 2-bedroom, 2.5-bathroom residential - total value : condominium - residential built in 2007 with 1,432 square feet of living space. The property is currently owned by GUSTAVO ALCALA, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2012-09-17 for $388,000, when STEVEN MARTIN &W TALI sold to GUSTAVO ALCALA. The property sold for $88,900 less than the prior sale of $476,900 on 2007-08-01. The 2025 assessed value is $475,246 with a market value of $498,800.

The assessed value increased 10% from $432,042 in 2024. This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain). Flood insurance is typically required by lenders for properties in this zone.

The median household income in this area is $93,750, and the median home value is $606,500. The population density is 9,973 people per square mile. 3131 NE 188 ST 2-505, Aventura, FL 33180 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 2007 to 2012, with 2 recorded transactions in the public record. The current assessed value represents 122% of the most recent sale price.

This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $271 per square foot — a key metric for comparing value across Aventura's real estate market..