NOT LISTED FOR SALE

7181 Fisher Island Dr Unit 7181 Miami Beach, FL 33109

Estimated Value: $7,290,000 - $14,981,760

4 Beds
4.5 Baths
3,690 Sq Ft
$1,988/mo HOA Fee

Last Sold October 15, 2014

Last sale price $7,520,000 $2,038 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $64,646/month

Highlights

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

About This Home

As of October 2014

HIgh floor palazzo de mare 4 bedroom with outstanding ocean views

Last Agent to Sell the Property

Don Pingaro

Ocean Insiders LLC License #3273343 Listed on: 10/03/2014

Last Buyer's Agent

Karla Abaunza

Luxury Living Realty License #0669873

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $78,150

Year Built

  • Built in 2007

Lot Details

  • Ocean Front
  • End Unit

HOA Fees

  • $1,988 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Entry on the 8th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,690 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Marble Flooring
  • Ocean Views
  • Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom

Home Security

Outdoor Features

  • Dock Available
  • Balcony

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 02-42-10-016-0080

Community Details

Overview

  • Club Membership Required
  • Mid-Rise Condominium
  • Palazzo De Mare Condos
  • Fisher Island Subdivision

Amenities

  • Doorman

Recreation

  • Boat Ramp
  • Fitness Center

Pet Policy

  • Breed Restrictions

Security

  • Security Service
  • High Impact Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$78,150

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1,988 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 8
  • 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: None
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Marble
  • Furnished: Furnished
  • Living Area: 3690
  • Possible Use: Unknown/Withheld
  • Window Features: High Impact Windows
  • Bedroom Features: Sitting Area - Primary Bedroom

Exterior Features

  • View: Ocean View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: palazzo de mare
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces

Utilities

  • Cooling: Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman, Security Patrol

Condo/Co-op/Association

  • Association Fee: 5965
  • Amenities: Exercise Room
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 02-42-10-016-0080
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 78150

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2024
Sold by
Lhotse Llc
Bought by
Feder Eric and Feder Elizabeth
Current Estimated Value
$10,061,920

Purchase Details

Listed on
Oct 3, 2014
Closed on
Oct 10, 2014
Sold by
Fisher Island 7181 Llc
Bought by
Lhotse Llc
Seller's Agent
Don Pingaro
Ocean Insiders LLC
Buyer's Agent
Karla Abaunza
Luxury Living Realty
List Price
$8,200,000
Sold Price
$7,520,000
Premium/Discount to List
-$680,000
-8.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.67%

Purchase Details

Closed on
Aug 17, 2011
Sold by
Lord Jonathan and Lord Alice
Bought by
Fisher Island 7181 Llc

Purchase Details

Closed on
Aug 14, 2007
Sold by
Fih Pdm Llc
Bought by
Lord Jonathan and Lord Alice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.7%
Mortgage Type
Unknown
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
Feder Eric $11,750,000 Lennar Title
Lhotse Llc $5,770,000 Attorney
Fisher Island 7181 Llc $3,500,000 Attorney
Lord Jonathan $2,995,000 Sutton Land Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lord Jonathan $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2014 10/15/14 Sold $7,520,000 -8.3% $2,038 / Sq Ft
10/03/2014 10/03/14 Pending -- -- --
10/03/2014 10/03/14 For Sale $8,200,000 -- $2,222 / 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 $119,900 $9,210,352 -- --
2024 $97,830 $4,847,956 -- --
2023 $97,830 $4,407,233 $0 $0
2022 $80,991 $4,006,576 $0 $0
2021 $73,261 $3,642,342 $0 $0
2020 $73,683 $3,806,000 $0 $0
2019 $92,201 $4,757,892 $0 $0
2018 $90,426 $4,808,826 $0 $0
2017 $91,574 $4,808,826 $0 $0
2016 $103,787 $5,343,140 $0 $0
2015 $105,860 $5,343,140 $0 $0
2014 $83,507 $3,627,374 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Don Pingaro

    Ocean Insiders LLC

    Section Image
  • Karla Abaunza

    Buyer's Agent in 2014

    Karla Abaunza

    Luxury Living Realty

    (305) 343-5830

    55 in this area

    57 Total Sales

    Karla Abaunza
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2014243

MIAMI REALTORS® MLS

APN: 02-4210-016-0080

Florida Miami/Dade County Miami Beach 33109

7181 Fisher Island Dr Unit 7181, Miami Beach, FL

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