NOT LISTED FOR SALE

7071 Fisher Island Dr Miami Beach, FL 33109

Estimated Value: $8,934,000 - $19,124,542

3 Beds
3.5 Baths
3,835 Sq Ft
$2,098/mo HOA Fee

Last Sold March 06, 2017

Last sale price $7,000,000 $1,825 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $86,669/month

Highlights

  • Doorman
  • Marina
  • Property Fronts a Bay or Harbor
  • South Pointe Elementary School Rated A-
  • Property has ocean access
  • 3-minute walk to South Pointe Park

About This Home

As of March 2017

HIGH FLOOR CORNER UNIT IN FULL SERVICE BOUTIQUE BUILDING!!! Contact listing agent for additional information.

Last Agent to Sell the Property

Dora Puig

MMLS Assoc.-Inactive Member License #3298306 Listed on: 12/29/2016

MMLS Assoc.-Inactive Member

Co-Listed By

Lera Pinneri

LPT Realty, LLC License #3204940

Last Buyer's Agent

Dora Puig

MMLS Assoc.-Inactive Member License #3298306 Listed on: 12/29/2016

MMLS Assoc.-Inactive Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $256,894

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • Property Fronts a Bay or Harbor
  • Northwest Facing Home

HOA Fees

  • $2,098 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Secured Garage or Parking
  • Golf Cart Parking

Property Views

  • Bay
  • Golf Course
  • Skyline

Interior Spaces

  • 3,835 Sq Ft Home
  • Custom Mirrors
  • Sliding Windows
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Built-In Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access
  • Balcony

Schools

  • South Pointe Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 02-4210-018-0080

Community Details

Overview

  • 700 Units
  • Club Membership Required
  • Mid-Rise Condominium
  • Palazzo Del Sol New Const Condos
  • Fisher Island Subdivision
  • 10-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Community Barbecue Grill
  • Courtesy Bus
  • Clubhouse
  • Billiard Room
  • Business Center
  • Elevator

Recreation

  • Marina
  • Golf Course Membership Available
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Bike Trail

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $2,994

Security

  • Secure Elevator
  • Impact Glass
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$256,894

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$2,098 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2016
  • Property Sub Type: Condominium
  • Co List Office Mls Id: LXLR01
  • Co List Office Phone: 305-535-6005
  • Directions: MACARTHUR CSWY EAST TO FISHER ISLAND FERRY TERMINAL - SECURITY CLEARANCE AND ESCORT TO ON-SITE SALES PAVILION REQUIRED. PDS DRIVER AVAILABLE UPON REQUEST.
  • Entry Level: 7
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: Fisher Island
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: Custom Mirrors, Elevator, Other, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 3835
  • Possible Use: Secondary
  • Stories: 10
  • Window Features: Impact Glass, Sliding
  • Bedroom Features: Entry Level
  • Dining Room Features: Formal Dining
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Skyline, Bay, Golf View
  • Exterior Features: East Of Us1, Other, Open Balcony
  • Direction Faces: Northwest
  • Patio And Porch Features: Open Balcony, Wrap Around
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Palazzo Del Sol NEW CONST
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Golf Cart Parking, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm, Smoke Detector, Doorman, Elevator Secure, Secured Garage/Parking

Condo/Co-op/Association

  • Association Fee: 6293
  • Amenities: Bike/Jog Path, Billiard Room, Barbecue, Business Center, Clubhouse-Clubroom, Courtesy Bus, Elevator(s), Exercise Room, Golf Equity Available, Marina, Child Play Area, Pool, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: South Pointe
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-4210-018-0080
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 2994
  • Number Of Units In Community: 700
  • Number Of Units Total: 43

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2021
Sold by
Pds Development Llc
Bought by
Mcdowell William Patrick and Mcdowell Camille Roxanne
Current Estimated Value
$11,536,218

Purchase Details

Listed on
Dec 29, 2016
Closed on
Feb 9, 2017
Sold by
Pds Development Llc
Bought by
Mcdowell William Patrick and Mcdowell Camille Roxanne
Seller's Agent
Dora Puig
MMLS Assoc.-Inactive Member
Buyer's Agent
Dora Puig
MMLS Assoc.-Inactive Member
List Price
$8,100,000
Sold Price
$7,000,000
Premium/Discount to List
-$1,100,000
-13.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.95%
Original Mortgage
$3,500,000
Interest Rate
3.55%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Mcdowell William Patrick $7,000,000 None Listed On Document
Mcdowell William Patrick $7,000,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcdowell William Patrick $3,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2017 03/06/17 Sold $7,000,000 -13.6% $1,825 / Sq Ft
12/29/2016 12/29/16 Pending -- -- --
12/29/2016 12/29/16 For Sale $8,100,000 -- $2,112 / 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 $256,894 $14,109,783 -- --
2024 $250,790 $13,712,132 -- --
2023 $250,790 $13,312,750 $0 $0
2022 $242,077 $12,925,000 $0 $0
2021 $131,139 $6,345,639 $0 $0
2020 $113,550 $6,031,000 $0 $0
2019 $101,627 $5,244,330 $0 $0
2018 $96,682 $5,141,500 $0 $0
2017 $97,910 $5,141,500 $0 $0
2016 $13,964 $718,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10198953

MIAMI REALTORS® MLS

APN: 02-4210-018-0080