NOT LISTED FOR SALE

5302 Fisher Island Dr Unit 5302 Miami Beach, FL 33109

Estimated Value: $8,319,000 - $10,194,598

4 Beds
6 Baths
7,318 Sq Ft
$1,907/mo HOA Fee

Last Sold June 24, 2014

Last sale price $6,625,000 $905 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $61,535/month

223 Days on Market

Highlights

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

About This Home

As of June 2014

This exceptional Penthouse in the sky offers 11,877 total sq.ft. of indoor & outdoor space encompassing the entire 10th floor with 360 degree water views of the Miami Skyline, Biscayne Bay, Fisher Island and Miami Beach. Split floor plan include: 19ft vau lted ceilings, expansive terraces, wood & marble floors, wine cooler, gourmet kitchen & outdoor Jacuzzi. Renovated with designer finishes throughout, impressive living & formal dining rooms with wood-burning fireplaces, etc. (3 chandeliers excluded).

Last Agent to Sell the Property

Karla Abaunza

Luxury Living Realty License #0669873 Listed on: 10/03/2013

Last Buyer's Agent

Karla Abaunza

Luxury Living Realty License #0669873 Listed on: 10/03/2013

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $73,865

Year Built

  • Built in 1991

Lot Details

  • Property Fronts a Bay or Harbor
  • West Facing Home

HOA Fees

  • $1,907 Monthly HOA Fees

Parking

  • 4 Car Garage

Property Views

  • Ocean
  • Bay

Home Design

  • Penthouse
  • Concrete Block And Stucco Construction

Interior Spaces

  • 7,318 Sq Ft Home
  • Built-In Features
  • Vaulted Ceiling
  • Fireplace
  • Sliding Windows
  • French Doors
  • Entrance Foyer
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom on Main
  • Walk-In Closet
  • Two Primary Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Dock Available
  • Balcony

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 30-42-09-013-0310

Community Details

Overview

  • Club Membership Required
  • Mid-Rise Condominium
  • Bayview At Fisher Island Condos
  • Fisher Island Subdivision, Bayview Floorplan
  • The community has rules related to no trucks or trailers
  • 10-Story Property

Amenities

  • Clubhouse
  • Billiard Room
  • Bar or Lounge
  • Elevator

Recreation

  • Boat Dock
  • Marina
  • Golf Course Community
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Heated Community Pool
  • Bike Trail

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

  • Maintenance Expense $4,198

Security

  • Security Guard
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$73,865

Year Built

Built in 1991

Lot Details

0

HOA Fees

$1,907 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 1991
  • Property Sub Type: Condominium
  • Architectural Style: Penthouse
  • Entry Level: 10
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Community Boat Dock,Dock Available
  • Unit Levels: 0
  • Master Model: BAYVIEW
  • 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, Dryer, Microwave, Other Equipment/Appliances, Gas Range, Refrigerator, Washer
  • Interior Amenities: Bar, Built-in Features, Entrance Foyer, French Doors, Vaulted Ceiling(s), Walk-In Closet(s)
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 7318
  • Possible Use: Primary
  • Stories: 10
  • Window Features: Impact Glass, Sliding
  • Bedroom Features: Primary Bedroom Ground Level, Sitting Area - Primary Bedroom, Other
  • Dining Room Features: Breakfast Area, Formal Dining
  • Master Bathroom Features: 2 Primary Bathrooms

Exterior Features

  • View: Bay, Ocean View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: BAYVIEW AT FISHER ISLAND
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Parking Features: 2 Or More Spaces, No Trucks/Trailers

Utilities

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

Condo/Co-op/Association

  • Association Fee: 5722
  • Amenities: Bar, Basketball Court, Bike/Jog Path, Billiard Room, Clubhouse-Clubroom, Elevator(s), Exercise Room, Golf Course Com, Heated Pool, Exterior Lighting, Marina, Child Play Area
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 30-42-09-013-0310
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Maintenance Expense: 4198

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 73865

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2013
Closed on
Jun 19, 2014
Sold by
Ward Jackie
Bought by
Kotob Hassan
Seller's Agent
Karla Abaunza
Luxury Living Realty
Buyer's Agent
Karla Abaunza
Luxury Living Realty
List Price
$7,395,000
Sold Price
$6,625,000
Premium/Discount to List
-$770,000
-10.41%
Current Estimated Value
$9,309,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,684,201
Avg. Annual Appreciation
3.35%
Original Mortgage
$3,975,000
Outstanding Balance
$1,232,915
Interest Rate
3.28%
Mortgage Type
New Conventional
Estimated Equity
$8,325,519

Purchase Details

Closed on
Aug 29, 2002
Sold by
Markham Corp Inc C
Bought by
Ward Jackie
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
Kotob Hassan $6,625,000 Attorney
Ward Jackie $4,850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kotob Hassan $3,975,000
Previous Owner Markham Corp Inc $2,260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2014 06/24/14 Sold $6,625,000 -10.4% $905 / Sq Ft
05/15/2014 05/15/14 Pending -- -- --
10/03/2013 10/03/13 For Sale $7,395,000 -- $1,011 / 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 $103,905 $6,349,801 -- --
2024 $101,488 $6,170,847 -- --
2023 $101,488 $5,991,114 $0 $0
2022 $98,447 $5,816,616 $0 $0
2021 $98,717 $5,647,200 $0 $0
2020 $109,162 $6,222,223 $0 $0
2019 $123,568 $6,979,100 $0 $0
2018 $112,512 $6,646,750 $0 $0
2017 $108,001 $5,849,140 $0 $0
2016 $95,139 $5,317,400 $0 $0
2015 $97,083 $5,317,400 $0 $0
2014 $77,309 $3,457,617 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1851320

MIAMI REALTORS® MLS

APN: 30-4209-013-0310