NOT LISTED FOR SALE

5325 Fisher Island Dr Unit 5325 Miami Beach, FL 33109

Estimated Value: $4,580,000 - $5,747,000

3 Beds
3.5 Baths
2,740 Sq Ft
$1,990/mo HOA Fee

Last Sold March 15, 2023

Last sale price $3,900,000 $1,423 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $36,016/month

149 Days on Market

Highlights

  • Boat Ramp
  • Dock Available
  • Bar or Lounge
  • South Pointe Elementary School Rated A-
  • Property fronts an intracoastal waterway
  • Fitness Center

About This Home

As of March 2023

Welcome to the Fisher Island Lifestyle! Step inside this 2nd story corner unit, with breathtaking water views of Biscayne bay and the Downtown Miami skyline. This large 3 bedroom, 3.5 bathroom condo is spread across 2,740 square feet of living space with expansive wraparound terraces. Loads of natural light and balconies off of every room. Here is your chance to live in the ultra-private tropical residential community of Fisher Island!

Last Agent to Sell the Property

Jonathan Kotler

Keller Williams Elite Properties License #3342908 Listed on: 10/16/2022

Keller Williams Elite Properties

Last Buyer's Agent

Ana Rodrigues Da Cruz

Coldwell Banker Realty License #3461611

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,558

Year Built

  • Built in 1991

Lot Details

  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor

HOA Fees

  • $1,990 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Assigned Parking

Property Views

  • Intracoastal
  • Bay

Home Design

  • Old Spanish Architecture
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,740 Sq Ft Home
  • Built-In Features
  • Washer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Closet Cabinetry

Outdoor Features

  • Dock Available
  • Balcony
  • Porch

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 30-42-09-013-0260

Community Details

Overview

  • Mid-Rise Condominium
  • Bayview Condos
  • Bayview Fisher Isl No Two Subdivision
  • 6-Story Property

Amenities

  • Community Barbecue Grill
  • Courtesy Bus
  • Clubhouse
  • Billiard Room
  • Bar or Lounge
  • Elevator
  • Bike Room
  • Community Storage Space

Recreation

  • Boat Ramp
  • Boat Dock
  • Tennis Courts
  • Community Basketball Court
  • Fitness Center
  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • Private Guards
  • Security Guard
  • Phone Entry

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,558

Year Built

Built in 1991

Lot Details

0

HOA Fees

$1,990 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1991
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, Old Spanish
  • Entry Level: 2
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Community Boat Dock,Community Boat Ramp,Dock Available
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: BAYVIEW FISHER ISL NO TWO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Marble
  • Furnished: Unfurnished
  • Living Area: 2740
  • Possible Use: Unknown/Withheld
  • Stories: 6
  • Bedroom Features: At Least 1 Bedroom Ground Level

Exterior Features

  • View: Bay, Intracoastal View, Water View
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony, Open Porch
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Bayview
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Assigned, Covered

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Phone Entry, Guard At Site, Private Guards

Condo/Co-op/Association

  • Association Fee: 1990
  • Amenities: Bar, Basketball Court, Bike/Jog Path, Bike Storage, Billiard Room, Boat Dock, Barbecue, Clubhouse-Clubroom, Courtesy Bus, Elevator(s), Exercise Room, Storage, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 30-42-09-013-0260
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 17558

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2022
Closed on
Mar 14, 2023
Sold by
South Doll Limited Partnership
Bought by
Faruck Llc
Seller's Agent
Jonathan Kotler
Keller Williams Elite Properties
Buyer's Agent
Ana Rodrigues Da Cruz
Coldwell Banker Realty
List Price
$4,045,000
Sold Price
$3,900,000
Premium/Discount to List
-$145,000
-3.58%
Views
202
Current Estimated Value
$5,272,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,372,158
Avg. Annual Appreciation
13.27%
Original Mortgage
$3,780,000
Outstanding Balance
$3,673,546
Interest Rate
6.32%
Mortgage Type
Construction
Estimated Equity
$1,598,612

Purchase Details

Listed on
Dec 17, 2021
Closed on
Mar 16, 2022
Sold by
Mardigian Robert G
Bought by
South Doll Limited Partnership
Seller's Agent
Jill Eber
Coldwell Banker Realty
Buyer's Agent
Jonathan Kotler
Keller Williams Elite Properties
List Price
$3,295,000
Sold Price
$3,295,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.77%
Original Mortgage
$2,635,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 5, 2020
Closed on
May 4, 2021
Sold by
Simmons Norbert
Bought by
Mardigian Robert G
Seller's Agent
Karla Abaunza
Luxury Living Realty
Buyer's Agent
Karla Abaunza
Luxury Living Realty
Sold Price
$10,000

Purchase Details

Closed on
Aug 3, 2004
Sold by
Whited Family Lp
Bought by
Simmons Norbert

Purchase Details

Closed on
Mar 10, 2003
Sold by
Whited Jimmy S
Bought by
Whited Family Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
12%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 19, 2001
Sold by
Rutnam Management Inc C
Bought by
Whited Family Lp

Purchase Details

Closed on
Feb 27, 1997
Sold by
Island Developers Ltd
Bought by
Rutnam Management Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Faruck Llc $3,900,000 Worldwide Title & Real Estate
South Doll Limited Partnership $3,295,000 New Title Company Name
Mardigian Robert G $2,250,000 Attorney
Simmons Norbert $930,000 --
Whited Family Lp -- Coventry Title Inc
Whited Jimmy S -- Coventry Title Inc
Whited Family Lp $825,000 --
Rutnam Management Inc $729,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faruck Llc $2,450,000
Open Faruck Llc $3,780,000
Previous Owner South Doll Limited Partnership $2,635,000
Previous Owner Mardigian Robert G $1,462,500
Previous Owner Whited Jimmy S $625,000
Previous Owner Rutnam Management Inc $780,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2023 03/15/23 Sold $3,900,000 +20981.1% $1,423 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
12/15/2022 12/15/22 Rented $18,500 0.0% --
11/19/2022 11/19/22 Price Changed $4,500,000 0.0% $1,642 / Sq Ft
10/30/2022 10/30/22 Under Contract -- -- --
10/16/2022 10/16/22 Price Changed $15,000 0.0% $5 / Sq Ft
10/16/2022 10/16/22 For Sale $4,045,000 0.0% $1,476 / Sq Ft
09/19/2022 09/19/22 For Rent $17,500 0.0% --
03/21/2022 03/21/22 Sold $3,295,000 0.0% $1,203 / Sq Ft
02/18/2022 02/18/22 Pending -- -- --
12/17/2021 12/17/21 For Sale $3,295,000 0.0% $1,203 / Sq Ft
04/12/2021 04/12/21 Rented $10,000 -13.0% --
03/08/2021 03/08/21 Under Contract -- -- --
12/04/2020 12/04/20 For Rent $11,500 -- --
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 $61,925 $3,653,649 -- --
2024 $49,848 $3,653,649 -- --
2023 $49,848 $2,922,919 $0 $0
2022 $39,853 $2,338,335 $0 $0
2021 $17,558 $1,037,365 $0 $0
2020 $17,359 $1,023,043 $0 $0
2019 $17,000 $1,000,043 $0 $0
2018 $16,248 $981,397 $0 $0
2017 $16,131 $961,212 $0 $0
2016 $16,133 $941,442 $0 $0
2015 $16,346 $934,898 $0 $0
2014 $16,568 $927,479 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Kotler

    Seller's Agent in 2023

    Jonathan Kotler

    Keller Williams Elite Properties

    (786) 520-1923

    2 in this area

    39 Total Sales

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  • Ana Rodrigues Da Cruz

    Buyer's Agent in 2023

    Ana Rodrigues Da Cruz

    Coldwell Banker Realty

    (786) 327-2948

    1 in this area

    7 Total Sales

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  • Jill Eber

    Seller's Agent in 2022

    Jill Eber

    Coldwell Banker Realty

    (305) 915-2556

    52 in this area

    143 Total Sales

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  • J

    Seller Co-Listing Agent in 2022

    Julian Cohen

    Douglas Elliman

    (305) 775-3953

    1 in this area

    46 Total Sales

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  • Karla Abaunza

    Seller's Agent in 2021

    Karla Abaunza

    Luxury Living Realty

    (305) 343-5830

    59 in this area

    61 Total Sales

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11289213

MIAMI REALTORS® MLS

APN: 30-4209-013-0260

Florida Miami/Dade County Miami Beach 33109

5325 Fisher Island Dr Unit 5325, Miami Beach, FL

This home is located at 5325 Fisher Island Dr Unit 5325, Miami Beach, FL 33109 since 16 October 2022 and is currently estimated at $5,272,158, approximately $1,924 per square foot. This property was built in 1991. 5325 Fisher Island Dr Unit 5325 is a home located in Miami-Dade County with nearby schools including South Pointe Elementary School, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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