NOT LISTED FOR SALE

7432 Fisher Island Dr Unit 7432 Miami Beach, FL 33109

Estimated Value: $6,017,176 - $6,970,000

3 Beds
3.5 Baths
3,134 Sq Ft
$1,627/mo HOA Fee

Last Sold March 02, 2015

Last sale price $3,300,000 $1,053 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $41,002/month

532 Days on Market

Highlights

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

About This Home

As of March 2015

This home is located at 7432 Fisher Island Dr Unit 7432, Miami Beach, FL 33109 since 12 September 2013 and is currently estimated at $6,392,059, approximately $2,039 per square foot. This property was built in 2002. 7432 Fisher Island Dr Unit 7432 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.

Last Agent to Sell the Property

Mary Ann Portell

Portell International License #0371392 Listed on: 09/12/2013

Last Buyer's Agent

Susan Shane

Susan Shane License #0392675

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $40,841

Year Built

  • Built in 2002

Lot Details

  • Ocean Front
  • East Facing Home

HOA Fees

  • $1,627 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,134 Sq Ft Home
  • Sliding Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Marble Flooring
  • Direct Ocean Views
  • Washer

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Home Security

  • Burglar Security System
  • Security Fence, Lighting or Alarms

Outdoor Features

  • Property has ocean access
  • Dock Available

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 30-42-10-015-0110

Community Details

Overview

  • Club Membership Required
  • Mid-Rise Condominium
  • Fisher Island Condos
  • Fisher Island Subdivision, 3 Br Floorplan
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • Car Wash Area
  • Property has 1 Level

Amenities

  • Bar or Lounge
  • Laundry Facilities

Recreation

  • Boat Ramp
  • Golf Course Membership Available
  • Fitness Center
  • Heated Community Pool

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Security Guard
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$40,841

Year Built

Built in 2002

Lot Details

0

HOA Fees

$1,627 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: MACARTHUR TO FISHER ISL FERRY TERMINAL. CALL AGENT FOR SECURITY CLEARANCE FOR ISLAND ACCESS.
  • Entry Level: 3
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access,Community Boat Ramp,Dock Available,Unrestricted Salt Water Access
  • Unit Levels: 1
  • Master Model: 3 BR
  • 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, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Closet Cabinetry, Exclusions, Fire Sprinklers, Entrance Foyer, Pantry, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 3134
  • Possible Use: Investment
  • Stories: 6
  • Window Features: High Impact Windows, Sliding
  • Bedroom Features: Entry Level
  • Dining Room Features: Breakfast Area, Dining/Living Room, Snack Bar/Counter
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • View: Ocean View, Direct Ocean, Water View
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Patio And Porch Features: Wrap Around
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Fisher Island
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Covered, Parking-Under Building, 2 Or More Spaces, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Security System, Smoke Detector, Guard At Site, Burglar Alarm, Unit Alarm

Condo/Co-op/Association

  • Association Fee: 1627
  • Amenities: Bar, Laundry, Exercise Room, Golf Equity Available, Heated Pool, Pool, Vehicle Wash Area
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 30-42-10-015-0110
  • Lot Size Sq Ft: 3134
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 1627

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 40841

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2015
Sold by
Chiva Holdings Llc
Bought by
Fisher Island Holdings 7432 Llc
Current Estimated Value
$6,296,601

Purchase Details

Listed on
Sep 12, 2013
Closed on
Mar 2, 2015
Sold by
Askari Maggie
Bought by
Chiva Holdings Llc
Seller's Agent
Mary Ann Portell
Portell International
Buyer's Agent
Susan Shane
Susan Shane
List Price
$4,150,000
Sold Price
$3,300,000
Premium/Discount to List
-$850,000
-20.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.55%

Purchase Details

Closed on
Aug 2, 2007
Sold by
Sussman Kathleen Sam and Askari Maggie
Bought by
Askari Maggie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.65%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 28, 2004
Sold by
Oceanside Developers Llc
Bought by
Sussman Kathleen Sam and Askari Maggie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.87%
Mortgage Type
New Conventional
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
Fisher Island Holdings 7432 Llc $4,175,000 Attorney
Chiva Holdings Llc $3,300,000 Attorney
Askari Maggie -- Oxford Title & Escrow Inc
Sussman Kathleen Sam $2,250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Askari Maggie $195,000
Previous Owner Askari Maggie $1,425,000
Previous Owner Sussman Kathleen Sam $250,000
Previous Owner Sam-Sussman Kathleen $100,000
Previous Owner Sussman Kathleen Sam $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2015 03/02/15 Sold $3,300,000 -16.5% $1,053 / Sq Ft
02/27/2015 02/27/15 Pending -- -- --
12/15/2014 12/15/14 Price Changed $3,950,000 -20.2% $1,260 / Sq Ft
02/08/2014 02/08/14 Price Changed $4,950,000 +25.3% $1,579 / Sq Ft
12/19/2013 12/19/13 Price Changed $3,950,000 -4.8% $1,260 / Sq Ft
09/12/2013 09/12/13 For Sale $4,150,000 -- $1,324 / 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 $58,797 $2,846,503 -- --
2024 $53,899 $2,587,730 -- --
2023 $53,899 $2,352,482 $0 $0
2022 $40,292 $2,138,620 $0 $0
2021 $34,229 $1,944,200 $0 $0
2020 $33,939 $1,922,100 $0 $0
2019 $44,808 $2,580,000 $0 $0
2018 $41,281 $2,579,970 $0 $0
2017 $45,177 $2,579,970 $0 $0
2016 $57,701 $3,224,962 $0 $0
2015 $36,830 $2,056,845 $0 $0
2014 -- $2,190,498 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1841799

MIAMI REALTORS® MLS

APN: 30-4210-015-0110