NOT LISTED FOR SALE

5223 Fisher Island Dr Unit 5223 Miami Beach, FL 33109

Estimated Value: $8,011,000 - $10,464,832

4 Beds
4.5 Baths
3,790 Sq Ft
$1,833/mo HOA Fee

Last Sold January 09, 2012

Last sale price $2,450,000 $646 Per Sq Ft

Est. 268% increase in value since last sale

Current estimated payment $59,118/month

169 Days on Market

Highlights

  • Marina
  • Boat Dock
  • Community Cabanas
  • South Pointe Elementary School Rated A-
  • Golf Course Community
  • Property Fronts a Bay or Harbor

About This Home

As of January 2012

Fisher Island Best Buy! Truly stunning! Located on exclusive private Fisher Island, this 4B/4 1/2 Bath offers 3800 sqft completely remodeled . Private Balconies overlooking Downtown Miami and bay.Spectacular bay views everywhere. Double Master split plan with childrens room and nanny's, 2 master bedrooms, new pinewood floors. Offered unfurnished with option to buy furniture. Great Deal! Prime sought after Island location!!! Club membership optional. (One of a kind Lifestyle)

Last Agent to Sell the Property

Patricia DeLinois

Premier Elite Realty Inc. License #3132444 Listed on: 06/06/2011

Last Buyer's Agent

Karla Abaunza

Luxury Living Realty License #0669873

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $34,478

Year Built

  • Built in 1992

Lot Details

  • Property Fronts a Bay or Harbor
  • South Facing Home

HOA Fees

  • $1,833 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Bay
  • Canal
  • Pool

Home Design

  • Cluster Home
  • Pre-Cast Concrete Construction

Interior Spaces

  • 3,790 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Casement Windows
  • Entrance Foyer
  • Formal Dining Room
  • Burglar Security System

Kitchen

  • Breakfast Area or Nook
  • Built-In Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Clay
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Split Bedroom Floorplan
  • Bidet
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Additional Features

  • Accessible Elevator Installed
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 30-42-09-014-0150

Community Details

Overview

  • Other Membership Included
  • Club Membership Required
  • Mid-Rise Condominium
  • Bayview Fisher Island Condos
  • Fisher Island Subdivision
  • The community has rules related to no recreational vehicles or boats
  • 10-Story Property

Amenities

  • Bar or Lounge
  • Elevator

Recreation

  • Boat Dock
  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Cabanas
  • Heated Community Pool
  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • Private Guards
  • Complex Is Fenced
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$34,478

Year Built

Built in 1992

Lot Details

0

HOA Fees

$1,833 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1992
  • Property Sub Type: Condominium
  • Architectural Style: High Rise, Patio/Cluster
  • Directions: CONTACT L/A OR L/O TO SCHEDULE PRIVATE SHOWING.
  • Entry Level: 2
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Community Boat Dock
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: Fisher Island
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: Bar, Built-in Features, Elevator, Entrance Foyer, Pantry, Roman Tub, Split Bedroom
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Location: Foyer
  • Flooring: Carpet, Clay
  • Furnished: Unfurnished
  • Living Area: 3790
  • Stories: 10
  • Window Features: Hurricane Shutters, Casement
  • Bedroom Features: Entry Level, Sitting Area - Primary Bedroom
  • Dining Room Features: Breakfast Area, Dining/Living Room, Formal Dining
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Bay, Canal, Pool Area View
  • Exterior Features: East Of Us1
  • Construction Type: Pre-Cast Concrete Construction
  • Direction Faces: South
  • Patio And Porch Features: Open Porch, Patio
  • Pool Private: Yes
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: Bayview Fisher Island
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, No Rv/Boats

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Alarm, Security System, Smoke Detector, Complex Fenced, Burglar Alarm, Private Guards

Condo/Co-op/Association

  • Association Fee: 5500
  • Amenities: Bar, Bike/Jog Path, Boat Dock, Cabana, Elevator(s), Golf Course Com, Heated Pool, Marina, Other Membership Included, Pool, Private Pool, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 30-42-09-014-0150
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 34478

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2014
Sold by
Lhotse Llc
Bought by
Jaj International Corporation
Current Estimated Value
$9,024,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 6, 2011
Closed on
Jan 8, 2012
Sold by
Wackenhut Janis
Bought by
Lhotse Llc
Seller's Agent
Patricia DeLinois
Premier Elite Realty Inc.
Buyer's Agent
Karla Abaunza
Luxury Living Realty
List Price
$2,450,000
Sold Price
$2,450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.22%

Purchase Details

Closed on
Mar 17, 2006
Sold by
Cable Beach Properties Inc
Bought by
Wackenhut Janis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,100,000
Interest Rate
6.19%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 30, 1996
Sold by
Island Developers Ltd
Bought by
Cable Beach Properties Inc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jaj International Corporation $4,450,000 Attorney
Lhotse Llc $2,450,000 Attorney
Wackenhut Janis $3,200,000 Attorney
Cable Beach Properties Inc $1,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jaj International Corporation $2,800,000
Previous Owner Wackenhut Janis $3,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2012 01/09/12 Sold $2,450,000 0.0% $646 / Sq Ft
11/23/2011 11/23/11 Pending -- -- --
06/06/2011 06/06/11 For Sale $2,450,000 -- $646 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $94,500 $5,041,983 -- --
2024 $81,362 $4,583,621 -- --
2023 $81,362 $4,166,929 $0 $0
2022 $68,293 $3,788,118 $0 $0
2021 $60,908 $3,443,744 $0 $0
2020 $57,307 $3,415,200 $0 $0
2019 $55,990 $3,162,300 $0 $0
2018 $57,468 $3,328,696 $0 $0
2017 $55,708 $3,083,423 $0 $0
2016 $62,692 $3,503,890 $0 $0
2015 $63,973 $3,503,890 $0 $0
2014 -- $2,294,215 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: M1513192

MIAMI REALTORS® MLS

APN: 30-4209-014-0150