NOT LISTED FOR SALE

7123 Fisher Island Dr Unit 7123 Miami Beach, FL 33109

Estimated Value: $7,272,000 - $11,602,940

3 Beds
3.5 Baths
3,500 Sq Ft
$2,098/mo HOA Fee

Last Sold March 18, 2016

Last sale price $5,000,000 $1,429 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $59,830/month

158 Days on Market

Highlights

  • Marina
  • Ocean Front
  • Dock Available
  • South Pointe Elementary School Rated A-
  • Boat Ramp
  • 1-minute walk to South Pointe Park

About This Home

As of March 2016

Watch the sunrise from this spectacular modern 3BR plus Den/3+1BA residence in Palazzo del Mare featuring 2 large balconies, spectacular views over the golf course, S. Beach, Govt. Cut & Ocean. Home boasts 3,500 SQFT. of luxury featuring beautiful marble floors throughout, den/library, open flowing living room & dining area w/water views. Chef's kitchen w/custom cabinetry & counters, top appliances and large private eat-in dining area. Spacious master suite w/ glass rain shower/sunken Jacuzzi tub.

Last Agent to Sell the Property

Jill Eber

Coldwell Banker Realty License #0333469 Listed on: 09/24/2015

Coldwell Banker Realty

Co-Listed By

Jill Hertzberg

Coldwell Banker Realty License #0551544

Last Buyer's Agent

Gregory Gringruz

Exclusively Yours Realty License #3285937

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $42,072

Year Built

  • Built in 2007

Lot Details

  • Ocean Front
  • Northeast Facing Home

HOA Fees

  • $2,098 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Golf Cart Parking

Home Design

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

Interior Spaces

  • 3,500 Sq Ft Home
  • Built-In Features
  • Bar
  • Bay Window
  • Entrance Foyer
  • Combination Dining and Living Room
  • Marble Flooring
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Closet Cabinetry
  • Roman Tub

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Dock Available
  • Balcony

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 02-42-10-016-0150

Community Details

Overview

  • Club Membership Available
  • Club Membership Required
  • Mid-Rise Condominium
  • Palazzo Del Mare Condos
  • Fisher Island Subdivision
  • Property has 1 Level

Amenities

  • Business Center
  • Community Center
  • Party Room
  • Elevator

Recreation

  • Boat Ramp
  • Marina
  • Golf Course Community
  • Community Basketball Court
  • Handball Court
  • Community Playground
  • Fitness Center
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $3,832

Security

  • Security Service
  • Walled
  • High Impact Windows
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$42,072

Year Built

Built in 2007

Lot Details

0

HOA Fees

$2,098 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Property Sub Type: Condominium
  • Entry Level: 2
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Community Boat Ramp,Dock Available
  • Unit Levels: 1
  • 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, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Bar, Built-in Features, Closet Cabinetry, Fire Sprinklers, Entrance Foyer, Pantry, Roman Tub
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Marble, Other
  • Furnished: Unfurnished
  • Living Area: 3500
  • Possible Use: Unknown/Withheld
  • Stories: 9
  • Window Features: Bay Window(s), High Impact Windows, Impact Glass
  • Bedroom Features: Entry Level, Sitting Area - Primary Bedroom
  • Dining Room Features: Breakfast Area, Dining/Living Room, Other

Exterior Features

  • View: Ocean View
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Northeast
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: No Fixed Bridges, Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: PALAZZO DEL MARE
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Covered, Golf Cart Parking

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Fire Alarm, Smoke Detector, Security Patrol, Walled

Condo/Co-op/Association

  • Association Fee: 6293
  • Amenities: Basketball Court, Bike/Jog Path, Business Center, Community Room, Elevator(s), Exercise Room, Golf Course Com, Handball/Basketball, Heated Pool, Marina, Other Membership Available, Child Play Area, Pool, Spa/Hot Tub
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-42-10-016-0150
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 42072

Multi Family

  • Maintenance Expense: 3832

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2023
Sold by
7123 Fisher Island Dr Llc
Bought by
Man 1 Llc
Current Estimated Value
$8,863,985

Purchase Details

Listed on
Sep 24, 2015
Closed on
Mar 18, 2016
Sold by
Lutsenko Irina and Lutsenko Constantin
Bought by
7123 Fisher Island Dr Llc
Seller's Agent
Jill Eber
Coldwell Banker Realty
Buyer's Agent
Gregory Gringruz
Exclusively Yours Realty
List Price
$5,700,000
Sold Price
$5,000,000
Premium/Discount to List
-$700,000
-12.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.13%

Purchase Details

Closed on
Jun 19, 2008
Sold by
Fih Pdm Llc
Bought by
Lutsenko Irina
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
Man 1 Llc -- None Listed On Document
Man 1 Llc -- None Listed On Document
7123 Fisher Island Dr Llc $5,000,000 Attorney
Lutsenko Irina $3,900,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2016 03/18/16 Sold $5,000,000 -12.3% $1,429 / Sq Ft
03/01/2016 03/01/16 Pending -- -- --
09/24/2015 09/24/15 For Sale $5,700,000 -- $1,629 / 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 $136,043 $6,370,923 -- --
2024 $75,503 $7,239,686 -- --
2023 $75,503 $3,349,893 $0 $0
2022 $61,477 $3,045,358 $0 $0
2021 $55,718 $2,777,214 $0 $0
2020 $56,182 $2,902,000 $0 $0
2019 $70,292 $3,627,324 $0 $0
2018 $69,297 $3,685,213 $0 $0
2017 $75,460 $3,962,595 $0 $0
2016 $40,833 $2,142,733 $0 $0
2015 $41,357 $2,127,839 $0 $0
2014 $42,072 $2,110,952 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jill Eber

    Seller's Agent in 2016

    Jill Eber

    Coldwell Banker Realty

    (305) 915-2556

    50 in this area

    131 Total Sales

    Jill Eber
    Section Image
  • Jill Hertzberg

    Seller Co-Listing Agent in 2016

    Jill Hertzberg

    Coldwell Banker Realty

    (305) 788-5455

    25 in this area

    176 Total Sales

    Jill Hertzberg
    Section Image
  • Gregory Gringruz

    Buyer's Agent in 2016

    Gregory Gringruz

    Exclusively Yours Realty

    (305) 343-9155

    12 in this area

    45 Total Sales

    Gregory Gringruz
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2179419

MIAMI REALTORS® MLS

APN: 02-4210-016-0150

Florida Miami/Dade County Miami Beach 33109

7123 Fisher Island Dr Unit 7123, Miami Beach, FL

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