NOT LISTED FOR SALE

5256 Fisher Island Dr Unit 5256 Miami Beach, FL 33109

Estimated Value: $5,314,000 - $6,156,500

3 Beds
3.5 Baths
2,740 Sq Ft
$1,581/mo HOA Fee

Last Sold June 07, 2019

Last sale price $2,550,000 $931 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $38,533/month

69 Days on Market

Highlights

  • Marina
  • Boat Ramp
  • Golf Course Community
  • South Pointe Elementary School Rated A-
  • Dock Available
  • Community Cabanas

About This Home

As of June 2019

This magnificent 3 bedroom, 3.5 bath Bayview unit redefines luxury living at it's finest. The unit has been completely renovated and professionally designed & decorated. It showcases: Italian wood floors, custom built-ins, a state of the art kitchen with top of the line appliances, impact glass doors, electrical window treatments, wet bar, leather wall panels throughout, Italian doors, renovated bathrooms, corner unit, private elevator and expansive terraces with breathtaking panoramic views of the Miami downtown skyline and Biscayne Bay. The building has been newly renovated. Buyer does not have to purchase Seller's Equity Membership. Live the Fisher Island in this elegant private oasis with custom accents. Easy to show!

Last Agent to Sell the Property

Karla Abaunza

Luxury Living Realty License #0669873 Listed on: 02/20/2019

Co-Listed By

Jorge Escasena

Luxury Living Realty License #3343204

Last Buyer's Agent

Oneide Gioia

Luxury Living Realty License #3306642

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $33,274

Year Built

  • Built in 1992

Lot Details

  • Property Fronts a Bay or Harbor
  • West Facing Home

HOA Fees

  • $1,581 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Guest Parking
  • Golf Cart Parking
  • Assigned Parking

Home Design

  • Old Spanish Architecture
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,740 Sq Ft Home
  • Built-In Features
  • Fireplace
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Formal Dining Room
  • Bay Views
  • Intercom Access

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Cooking Island
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Approach with Ramp

Outdoor Features

  • Dock Available
  • Balcony

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 30-42-09-014-0360

Community Details

Overview

  • Mid-Rise Condominium
  • Fisher Island Condos
  • Bayview Fisher Isl Condo Subdivision
  • 10-Story Property

Amenities

  • Clubhouse
  • Business Center
  • Community Storage Space

Recreation

  • Boat Ramp
  • Boat Dock
  • Marina
  • Private Beach Pavilion
  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Cabanas
  • Community Pool

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $6,730

Security

  • Security Guard
  • Complete Impact Glass
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$33,274

Year Built

Built in 1992

Lot Details

0

HOA Fees

$1,581 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1992
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, Old Spanish
  • Co List Office Mls Id: LLVR01
  • Co List Office Phone: 305-673-6565
  • Directions: I-395 East, Miami Beach to SR A1A-North to MacArthur Causeway. Make a right onto Terminal Road, proceed to the Fisher Island Ferry for check line and boarding
  • Entry Level: 5
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Community Boat Dock,Community Boat Ramp, Community Marina,Community Ramp,Dock Available
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: BAYVIEW FISHER ISL CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Bar, Built-in Features, Closet Cabinetry, Cooking Island, Entrance Foyer, Split Bedroom, Walk-In Closet(s)
  • Accessibility Features: Accessible Elevator Installed, Accessible Approach with Ramp
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Furnished: Unfurnished, Furniture Negotiable
  • Living Area: 2740
  • Other Equipment: Intercom
  • Possible Use: Investment
  • Stories: 10
  • Window Features: Complete Impact Glass, Blinds, Drapes
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining
  • Master Bathroom Features: Separate Tub & Shower

Exterior Features

  • View: Bay
  • Exterior Features: Open Balcony, Tennis Court(s)
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Patio And Porch Features: Open Balcony
  • Pool Private: Yes
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: FISHER ISLAND
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Assigned, Golf Cart Parking, Guest, Limited # Of Vehicle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Guard At Site, Security Patrol

Condo/Co-op/Association

  • Association Fee: 1581
  • Amenities: Basketball Court, Business Center, Cabana, Clubhouse-Clubroom, Elevator(s), Exercise Room, Storage, Golf Course Com, Exterior Lighting, Marina, Child Play Area, Private Beach Pavilion, Private Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 30-42-09-014-0360
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 6730

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 33274

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2019
Closed on
Jun 7, 2019
Sold by
Pgv Holdings Llc
Bought by
Amoudi Wissam O
Seller's Agent
Karla Abaunza
Luxury Living Realty
Buyer's Agent
Oneide Gioia
Luxury Living Realty
List Price
$2,800,000
Sold Price
$2,550,000
Premium/Discount to List
-$250,000
-8.93%
Current Estimated Value
$5,955,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,405,017
Avg. Annual Appreciation
14.75%
Original Mortgage
$2,000,000
Outstanding Balance
$1,725,515
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,241,003

Purchase Details

Closed on
Dec 21, 2017
Sold by
Kasa Management Llc
Bought by
Pgv Holdings Llc

Purchase Details

Closed on
Dec 19, 2016
Sold by
5256 Fisher Island Drive Llc
Bought by
Kasa Management Llc

Purchase Details

Closed on
Dec 14, 2011
Sold by
Gray William H and Gray Andrea
Bought by
5256 Fisher Island Drive Llc

Purchase Details

Closed on
May 2, 2005
Sold by
Corporacion San Angel S A
Bought by
Gray William H and Gray Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
5.69%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 14, 2002
Sold by
Heritage Heights Ltd C
Bought by
Corporacion San Angel Sa

Purchase Details

Closed on
Oct 18, 1994
Sold by
Island Dev Ltd
Bought by
Heritage Heights Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$672,000
Interest Rate
8.46%
Source: Public Records

Range of Values:

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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
Amoudi Wissam O $2,550,000 Attorney
Pgv Holdings Llc $2,400,000 Attorney
Kasa Management Llc -- Attorney
5256 Fisher Island Drive Llc $1,320,000 Attorney
Gray William H $1,850,000 --
Corporacion San Angel Sa $1,305,000 --
Heritage Heights Ltd $1,120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amoudi Wissam O $2,000,000
Previous Owner Gray William H $1,200,000
Previous Owner Gray William H $500,000
Previous Owner Gray William H $450,000
Previous Owner Heritage Heights Ltd $905,000
Previous Owner Heritage Heights Ltd $672,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2019 06/07/19 Sold $2,550,000 -8.9% $931 / Sq Ft
04/23/2019 04/23/19 Pending -- -- --
02/13/2019 02/13/19 For Sale $2,800,000 -- $1,022 / 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 $52,179 $2,693,211 -- --
2024 $44,841 $2,448,374 -- --
2023 $44,841 $2,225,795 $0 $0
2022 $37,516 $2,023,450 $0 $0
2021 $32,386 $1,839,500 $0 $0
2020 $36,089 $2,043,900 $0 $0
2019 $33,820 $2,002,500 $0 $0
2018 $33,274 $1,927,313 $0 $0
2017 $37,498 $2,141,459 $0 $0
2016 $30,597 $1,411,307 $0 $0
2015 $29,640 $1,283,007 $0 $0
2014 -- $1,166,370 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10622072

MIAMI REALTORS® MLS

APN: 30-4209-014-0360