- Year built
- 1986
- Residences
- 15
- Building area
- 26,178 sq ft
- Median residence
- 1,723 sq ft
- FEMA flood zone
- Zone AE · BFE 6 ft
- Latest arms-length sale
- $755,000 · Dec 2023
- Median sale (10 yr)
- $437,500
- Recorded transfers
- 79
Mariner Village Garden #5 is a 15-residence boutique condominium building at 3535 Magellan Circle, in Aventura. County records list 1986 as the year built. It has a median residence of 1,723 square feet.
The recorded market runs to 59 arms-length sales since 1986, an annual turnover rate of 4.7 percent of the building over the past decade, and a median of $110 per square foot. Across 44 same-unit resales, 91 percent sold above their prior recorded price, with a median gain of 30 percent over a median hold of 7.5 years.
Own a residence at Mariner Village Garden #5? See what it would sell for.
Choose what fits: a property-specific pricing review informed by local transaction records and market research, a conversation about buying in this market, or help planning a move between markets. Local representation is coordinated where appropriate.
646.939.7375 · c.cohen@compass.com
At a glance
Legal name: The condominium is named Mariner Village Garden Condominium #5
Building type: Low-density garden condominium, one of several numbered Garden condominiums in the Mariner Village community
Unit sizes: Two- and three-bedroom plans of about 1,100 to 1,700 square feet.
Source: The Roebling Research Desk.
Why Mariner Village Garden #5 matters
At 15 residences, the association is small: one major repair, one insurance renewal or one delinquent owner is spread across few owners.
The building is one of the numbered Mariner Village Garden condominiums on Magellan Circle. They share a name but are separate associations. Check which one a unit belongs to before comparing budgets, rules or reserves.
Aventura and the Mariner Village site
Aventura sits in northeast Miami-Dade between North Miami Beach and Hallandale Beach, with the Intracoastal Waterway on its east side. Its commercial center is Aventura Mall, with Biscayne Boulevard and William Lehman Causeway as the main arteries. Fort Lauderdale-Hollywood International Airport is about 7 miles north; Miami International is about 16 miles south.
Mariner Village is a residential community of garden condominiums and townhouses on Magellan Circle.
Architecture and unit composition
The building dates to 1986 and was built as a low-rise, garden-style residential building rather than a tower. A sibling, Garden #7 at 3500 Magellan Circle, dates to 1987.
Unit mix. Plans run from about 1,100 square feet in two bedrooms to about 1,700 in three. Some Mariner Village residences are larger.
Condition. Inspect kitchens, bathrooms, windows, air handlers and electrical panels individually.
Building operations
Florida's milestone inspection and structural integrity reserve study rules apply to condominium buildings of three or more stories; ask whether the building falls under the rules. Ask for the current budget and recent financial statements, reserve funding, and any pending or recent special assessments. In a 15-unit association, also ask how many owners are current on assessments and whether the association carries a loan.
Policy framework
Pet, rental and minimum-lease rules are set by the association; confirm at offer stage.
Sales context
One recorded sale, December 2023, at $755,000. It is one sale, not a building price. Pull sales from the other Mariner Village Garden condominiums and adjust for plan and condition.
Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
What to know if you're buying at Mariner Village Garden #5
Price from the wider community. Use sales from other Mariner Village Garden condominiums and adjust for plan and condition.
Test the association's finances. Request the reserve study, the budget and the delinquency report.
Confirm the association. The Garden condominiums share a name. Check the address and folio against the documents you receive.
What to know if you're selling at Mariner Village Garden #5
Have the documents ready. Have the budget, financials, reserve study and inspection report ready before listing.
Set the price from recent community sales, not from this building's last closing.
Comparable buildings
- Mariner Village Garden #7 — 3500 Magellan Circle, a 21-residence condominium in the same community.
- Turnberry Towers — a larger Aventura condominium near Turnberry Isle.
- The Parc at Turnberry Isle — a 2005 high-rise condominium in the same area of Aventura.
The neighborhood
For the full neighborhood — its buildings and recorded pricing — read The Roebling Index guide to Aventura.
Run the numbers
- Miami buyer closing cost calculator — documentary stamps on the mortgage, intangible tax, title insurance and the condo estoppel.
- Miami seller closing cost calculator — the deed documentary stamp tax, title, closing and association transfer fees.
Related guides
- Post-Surfside Miami condo diligence — milestone inspections, structural integrity reserve studies and special assessments.
- Florida Save Our Homes, explained — the assessment cap, the homestead exemption and portability.
Recorded sales history
Recorded transfers for this building in Miami-Dade County public records, back to Nov 1986. Prices reflect the recorded consideration; transfers the Property Appraiser does not qualify as arms-length are shown unmarked. Nominal-consideration paper transfers (deeds into trusts and LLCs, estate and family transfers, corrective deeds) are part of the record but not sales, and are omitted from this table. Recording lags closing, so the newest sales can take several weeks to appear.
| Date | Residence | Size | Price | Arms-length |
|---|---|---|---|---|
| Dec 2023 | 511 | 1,765 sf | $755,000 | ✓ |
| Feb 2023 | 513 | 1,707 sf | $660,000 | ✓ |
| Oct 2021 | 524 | 1,723 sf | $485,000 | ✓ |
| Mar 2020 | 516 | 1,830 sf | $425,000 | ✓ |
| Dec 2017 | 522-2 | 1,402 sf | $119,300 | |
| Jun 2017 | 522-2 | 1,402 sf | $320,000 | ✓ |
| Jan 2017 | 521 | 1,776 sf | $450,000 | ✓ |
| Nov 2016 | 515 | 1,723 sf | $410,000 | ✓ |
| May 2016 | 521 | 1,776 sf | $280,000 | ✓ |
| Apr 2015 | 525 | 1,723 sf | $400,000 | ✓ |
| Mar 2013 | 528 | 1,402 sf | $275,000 | ✓ |
| Jan 2012 | 515 | 1,723 sf | $335,000 | ✓ |
| Oct 2011 | 518 | 2,812 sf | $545,000 | ✓ |
| Aug 2011 | 527 | 1,776 sf | $320,000 | ✓ |
| Jul 2010 | 516 | 1,830 sf | $325,000 | ✓ |
| Mar 2010 | 525 | 1,723 sf | $300,000 | ✓ |
| Jul 2005 | 521 | 1,776 sf | $350,000 | ✓ |
| Oct 2003 | 512 | 1,402 sf | $262,000 | ✓ |
| Sep 2003 | 528 | 1,402 sf | $260,000 | ✓ |
| Aug 2003 | 524 | 1,723 sf | $275,000 | ✓ |
| Aug 2003 | 513 | 1,707 sf | $319,000 | ✓ |
| Jan 2003 | 514 | 1,723 sf | $275,000 | ✓ |
| Nov 2002 | 525 | 1,723 sf | $119,000 | ✓ |
| Aug 2001 | 515 | 1,723 sf | $220,000 | ✓ |
| Jul 2001 | 526 | 1,707 sf | $225,000 | ✓ |
| Apr 2001 | 516 | 1,830 sf | $203,000 | ✓ |
| Mar 2001 | 513 | 1,707 sf | $200,000 | ✓ |
| Nov 1999 | 511 | 1,765 sf | $195,000 | ✓ |
| Jan 1999 | 522-2 | 1,402 sf | $165,000 | ✓ |
| Jun 1997 | 514 | 1,723 sf | $200,500 | ✓ |
| Oct 1996 | 525 | 1,723 sf | $180,000 | ✓ |
| Jul 1996 | 513 | 1,707 sf | $180,000 | ✓ |
| Mar 1996 | 513 | 1,707 sf | $187,000 | ✓ |
| Dec 1995 | 524 | 1,723 sf | $185,000 | ✓ |
| Jan 1995 | 525 | 1,723 sf | $137,800 | |
| Sep 1994 | 522-2 | 1,402 sf | $160,000 | ✓ |
| Aug 1994 | 523 | 1,707 sf | $165,000 | ✓ |
| Aug 1994 | 514 | 1,723 sf | $162,500 | ✓ |
| Jan 1994 | 515 | 1,723 sf | $180,000 | ✓ |
| Apr 1993 | 516 | 1,830 sf | $155,000 | ✓ |
| Mar 1993 | 521 | 1,776 sf | $165,000 | ✓ |
| Sep 1992 | 525 | 1,723 sf | $155,000 | ✓ |
| Jan 1992 | 513 | 1,707 sf | $150,000 | ✓ |
| Nov 1989 | 524 | 1,723 sf | $160,000 | ✓ |
| Sep 1989 | 527 | 1,776 sf | $152,000 | ✓ |
| Jan 1989 | 518 | 2,812 sf | $250,000 | ✓ |
| Mar 1987 | 511 | 1,765 sf | $152,000 | ✓ |
| Jan 1987 | 528 | 1,402 sf | $124,000 | ✓ |
| Jan 1987 | 514 | 1,723 sf | $137,000 | ✓ |
| Jan 1987 | 513 | 1,707 sf | $140,000 | ✓ |
| Dec 1986 | 527 | 1,776 sf | $150,000 | ✓ |
| Dec 1986 | 524 | 1,723 sf | $134,000 | ✓ |
| Dec 1986 | 518 | 2,812 sf | $239,000 | ✓ |
| Dec 1986 | 516 | 1,830 sf | $157,000 | ✓ |
| Nov 1986 | 526 | 1,707 sf | $140,000 | ✓ |
| Nov 1986 | 525 | 1,723 sf | $141,000 | ✓ |
| Nov 1986 | 523 | 1,707 sf | $135,000 | ✓ |
| Nov 1986 | 522-2 | 1,402 sf | $119,000 | ✓ |
| Nov 1986 | 521 | 1,776 sf | $148,000 | ✓ |
| Nov 1986 | 515 | 1,723 sf | $137,000 | ✓ |
| Nov 1986 | 512 | 1,402 sf | $119,000 | ✓ |
✓ = qualified arms-length per the Miami-Dade Property Appraiser. 18 nominal-consideration paper transfers omitted.
This page reflects publicly available information compiled by The Roebling Research Desk. Specific building details should be confirmed with the association during due diligence; the recorded Declaration of Condominium, the current building budget, the current tax bill, the structural integrity reserve study and milestone-inspection status should be reviewed for any specific transaction. © 2026 The Roebling Team at Compass.
Considering a move at Mariner Village Garden #5?
Request a private building brief with the relevant recorded sales, current and off-market availability, and an apartment-specific view of value.
646.939.7375 · c.cohen@compass.com
Building facts and sales records are compiled from Miami-Dade County public records (Property Appraiser) and reviewed against recognized architectural references. Figures are reported as recorded and may be updated as the county updates its records. This page is informational and is not an offer or solicitation. Apartment estimates are automated, from public records, and are not appraisals.
The Roebling Team at Compass is led by Corey Cohen, a New York licensed associate real estate broker. For a purchase or sale in Miami, we introduce you to a licensed Compass agent there by referral and handle the New York side of your move ourselves. This page and its calculators are research, not an offer of representation.
To plan a move between Manhattan and Miami, schedule a consultation; where appropriate we’ll introduce you to a vetted Compass agent in the local market.