5500 Island Estates Dr # 1506, Aventura FL 33160 | Miami-Dade County | A11966057

The list price is $5,630,000. This condominium is offered unfurnished; all light fixtures and built-in appliances will remain with the property.

Ownership includes access to the community's shared amenities, such as a pool, tennis courts, and a business center. To verify the specific inclusions for this unit and review the complete HOA schedule, contact Christopher Lazaro, Aventura Real Estate Realtor.

The residence is at 5500 Island Estates Drive, Unit 1506, within Aventura, Florida 33160. This places it directly on the coastal corridor between Miami and Fort Lauderdale.

For a detailed discussion of the building's amenities, views, and immediate neighborhood specifics, you should contact Christopher Lazaro, Aventura Real Estate Realtor, to verify all particulars.

The monthly HOA fee for this residence is $9,856. This fee covers Cable TV, hot water, internet and WiFi, parking, pool service, security, and trash and water removal as per the association's governing documents.

Please note that the community is also subject to the City of Aventura's municipal code. For a precise verification of all fees and regulations, you should contact Christopher Lazaro, Aventura Real Estate Realtor, directly.

The tax of record is $71,953 (2025). As an estimate only, Florida reassesses upon sale. At this list price of $5,630,000 and a Miami-Dade rate near 2.0%, the estimated annual property tax would be approximately $112,600 without a homestead exemption, or about $111,600 with it. The homestead exemption, which lowers the taxable value, applies only to a primary residence.

These are estimates, not quotes. For precise verification, contact Christopher Lazaro, Aventura Real Estate Realtor, and consult with the Miami-Dade Property Appraiser and a tax professional.

The property's flood zone designation is determined by FEMA. You can view the official FEMA flood map for this address and read their plain definitions of flood zones.

Lenders commonly mandate flood insurance for homes in high-risk zones. For a precise assessment of this listing's status and related costs, contact Christopher Lazaro, Aventura Real Estate Realtor, to verify.

This is a single-family home. There is no condo or HOA board to set a pet policy; pet allowances are at the owner's discretion, subject to local ordinances and any active lease terms.

Documented service animals and emotional support animals are protected under separate federal housing laws. To verify the current status for the property at 5500 Island Estates Dr # 1506, contact Christopher Lazaro, Aventura Real Estate Realtor.

The price is grounded in a recent market analysis. For context, Miami-Dade single-family homes have recently been closing at 95% of original list, around 41 days to contract (MIAMI REALTORS®, May 2026). A specific comparative market analysis for Aventura condominiums refines this further, which we should review before you formulate an offer.

To verify the current positioning for 5500 Island Estates Dr # 1506, contact Christopher Lazaro, Aventura Real Estate Realtor, for the detailed assessment.

Before touring a property listed at $5,630,000, I recommend securing a written pre-approval. This should come from a licensed Florida mortgage professional, which you can start via Get-PreApproved.com. Once you have that documentation, contact Christopher Lazaro directly to verify your financial readiness and schedule a viewing.