NOT LISTED FOR SALE

7121 Fisher Island Dr Unit 7121 Miami Beach, FL 33109

Estimated Value: $7,354,000 - $9,720,702

4 Beds
4.5 Baths
3,690 Sq Ft
2007 Built

Last Sold August 06, 2021

Last sale price $5,830,000 $1,580 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $54,390/month

215 Days on Market

Highlights

  • Doorman
  • Marina
  • Golf Course Community
  • South Pointe Elementary School Rated A-
  • Direct Ocean View
  • 1-minute walk to South Pointe Park

About This Home

As of August 2021

This luxurious residence at Fisher Island is a dream home! Spanning over 3800 SF, this magnificent waterfront unit graced by expansive wrap-around balconies is a haven for relaxation. Voluminous layout made perfectly for entertaining combined with a wine cellar that creates an intimate tasting area for wine lovers. Beautiful kitchen with a great informal eating space overlooking the water. Gorgeous built-ins throughout the entire unit, no details spared. Become a part of this exclusive lifestyle, with a private beach, marina, golf course, tennis courts, and much more...

Last Agent to Sell the Property

Rejane De Paula

Fortune Christie's Intl R.E. License #3253201 Listed on: 11/05/2020

Fortune Christie's Intl R.E.

Co-Listed By

Fabiana Santamaria

Fortune Christie's Intl R.E. License #3253067

Last Buyer's Agent

Jill Eber

Coldwell Banker Realty License #0333469

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $72,868

Year Built

  • Built in 2007

Lot Details

  • Waterfront
  • End Unit
  • East Facing Home

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 2nd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,690 Sq Ft Home
  • Custom Mirrors
  • Furnished
  • Built-In Features
  • Bar
  • Blinds
  • Family Room
  • Formal Dining Room
  • Den
  • Wood Flooring
  • Direct Ocean Views
  • Washer

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Ice Maker

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Closet Cabinetry

Home Security

Outdoor Features

  • Restricted saltwater access
  • Deck

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 02-42-10-016-0020

Community Details

Overview

  • Property has a Home Owners Association
  • Club Membership Required
  • Mid-Rise Condominium
  • Palazzo Del Mare At Fishe Condos
  • Palazzo Del Mare At Fishe Subdivision
  • 10-Story Property

Amenities

  • Doorman
  • Billiard Room
  • Bar or Lounge
  • Lobby

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Heated Community Pool
  • Community Spa
  • Putting Green

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $14,273

Security

  • Private Guards
  • Security Guard
  • Secure Elevator
  • High Impact Windows
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$72,868

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Co List Office Mls Id: FINR02
  • Co List Office Phone: 305-856-2600
  • Directions: Island requires clearance. Please text or call listings agent for showing details.
  • Entry Level: 2
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Restricted Salt Water Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: PALAZZO DEL MARE AT FISHE
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Lobby, Bar, Built-in Features, Closet Cabinetry, Custom Mirrors, Elevator, Den/Library/Office, Family Room
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: High Impact Doors
  • Flooring: Wood
  • Furnished: Furnished
  • Living Area: 3690
  • Possible Use: Unknown/Withheld
  • Stories: 10
  • Window Features: Clear Impact Glass, Blinds, High Impact Windows
  • Bedroom Features: Other
  • Dining Room Features: Breakfast Area, Dining/Living Room, Eat-In Kitchen, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room

Exterior Features

  • View: Ocean View, Direct Ocean, Water View
  • Exterior Features: East Of Us1, Tennis Court(s)
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Patio And Porch Features: Deck
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Waterfront
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: PALAZZO DEL MARE AT FISHE
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Doorman, Elevator Secure, Guard At Site, Private Guards

Condo/Co-op/Association

  • Amenities: Bar, Basketball Court, Billiard Room, Exercise Room, Golf Course Com, Heated Pool, Marina, Child Play Area, Putting Green, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-10-016-0020
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 72868

Multi Family

  • Maintenance Expense: 14273

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2023
Sold by
Bernstein Jay and Bernstein Alison
Bought by
Bernstein Alison
Current Estimated Value
$8,213,426

Purchase Details

Listed on
Nov 5, 2020
Closed on
Aug 6, 2021
Sold by
Safari 7121 Of Florida Llc
Bought by
Bernstein Jay and Bernstein Alison
Seller's Agent
Rejane De Paula
Fortune Christie's Intl R.E.
Buyer's Agent
Jill Eber
Coldwell Banker Realty
List Price
$6,320,000
Sold Price
$5,830,000
Premium/Discount to List
-$490,000
-7.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.44%

Purchase Details

Closed on
Sep 2, 2010
Sold by
Palazzo Del Mare 7121 Llc
Bought by
Safari 7121 Of Florida Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,560,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2007
Sold by
Fih Pdm Llc
Bought by
Palazzo Del Mare 7121 Llc
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
Bernstein Alison -- None Listed On Document
Bernstein Jay $5,830,000 Attorney
Safari 7121 Of Florida Llc $2,600,000 Attorney
Palazzo Del Mare 7121 Llc $3,800,000 Sutton Land Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Safari 7121 Of Florida Llc $1,560,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2021 08/06/21 Sold $5,830,000 -7.8% $1,580 / Sq Ft
06/08/2021 06/08/21 Pending -- -- --
11/05/2020 11/05/20 For Sale $6,320,000 -- $1,713 / 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 $136,786 $6,405,720 -- --
2024 $86,508 $7,279,227 -- --
2023 $86,508 $4,236,587 $0 $0
2022 $72,366 $3,851,443 $0 $0
2021 $61,970 $3,209,536 $0 $0
2020 $58,234 $3,008,000 $0 $0
2019 $72,868 $3,760,230 $0 $0
2018 $71,465 $3,800,484 $0 $0
2017 $72,373 $3,800,484 $0 $0
2016 $73,091 $3,484,630 $0 $0
2015 $70,792 $3,167,846 $0 $0
2014 $66,158 $2,879,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rejane De Paula

    Seller's Agent in 2021

    Rejane De Paula

    Fortune Christie's Intl R.E.

    (305) 799-0026

    1 in this area

    22 Total Sales

    Rejane De Paula
    Section Image

  • F

    Seller Co-Listing Agent in 2021

    Fabiana Santamaria

    Fortune Christie's Intl R.E.

    1 in this area

    18 Total Sales

    Fabiana Santamaria
    Section Image
  • Jill Eber

    Buyer's Agent in 2021

    Jill Eber

    Coldwell Banker Realty

    (305) 915-2556

    50 in this area

    131 Total Sales

    Jill Eber
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10953237

MIAMI REALTORS® MLS

APN: 02-4210-016-0020

Florida Miami/Dade County Miami Beach 33109

7121 Fisher Island Dr Unit 7121, Miami Beach, FL

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