NOT LISTED FOR SALE

7861 Fisher Island Dr Unit 7861 Miami Beach, FL 33109

Estimated Value: $6,643,000 - $8,200,549

3 Beds
3.5 Baths
3,140 Sq Ft
$3,420/mo HOA Fee

Last Sold March 18, 2021

Last sale price $4,650,000 $1,481 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $52,707/month

530 Days on Market

Highlights

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

About This Home

As of March 2021

EXPERIENCE FISHER ISLAND LIVING IN THIS STUNNING BEACH FRONT OCEANSIDE UNIT! THIS MASTERPIECE HAS BEEN COMPLETELY RENOVATED WITH THE FINEST FINISHES. IT SHOWCASES: 3,140 SQ FT INTERIOR, 3 + DEN, 3.5 BATHS, WOOD FLOORS THROUGHOUT, STATE OF THE ART OPEN KITCHEN AND BATHROOMS, IMPACT GLASS DOORS, AUTOMATED WINDOW TREATMENTS, SMART HOUSE AND EXPANSIVE TERRACES PERFECT FOR ENTERTAINING OVERLOOKING THE OCEAN, GOVERNMENT CUT AND DOWNTOWN MIAMI. VISIT THIS EXCEPTION OFFERING. EASY TO SHOW!

Last Agent to Sell the Property

Oneide Gioia

Luxury Living Realty License #3306642 Listed on: 09/19/2019

Last Buyer's Agent

Mariana Niro

Serhant License #3125959

Serhant

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $75,865

Year Built

  • Built in 1990

Lot Details

  • Ocean Front
  • Northeast Facing Home

HOA Fees

  • $3,420 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Property Views

  • Ocean
  • Golf Course
  • Skyline

Home Design

  • Old Spanish Architecture
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,140 Sq Ft Home
  • Furnished
  • Built-In Features
  • Blinds
  • Sliding Windows
  • Combination Dining and Living Room
  • Storage Room
  • Washer
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • Bidet
  • Separate Shower in Primary Bathroom

Home Security

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Seawall
  • Shared Dock
  • Balcony

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 30-42-10-008-0060

Community Details

Overview

  • 24 Units
  • Club Membership Required
  • Mid-Rise Condominium
  • Oceanside Fisher Island Condos
  • Oceanside Fisher Isl Cond,Fisher Island Subdivision
  • 9-Story Property

Amenities

  • Clubhouse
  • Business Center

Recreation

  • Boat Ramp
  • Marina
  • Community Basketball Court

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $9,410

Security

  • Security Guard
  • Clear Impact Glass
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$75,865

Year Built

Built in 1990

Lot Details

0

HOA Fees

$3,420 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1990
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, Old Spanish
  • Entry Level: 6
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access,Community Boat Ramp,Dock Available, Beach,Beach Access,Common Dock,Community Marina
  • New Construction: No
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: OCEANSIDE FISHER ISL COND,FISHER ISLAND
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Fire Sprinklers, Walk-In Closet(s), Storage
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Wood
  • Furnished: Furnished
  • Living Area: 3140
  • Possible Use: Unknown/Withheld
  • Stories: 9
  • Window Features: Clear Impact Glass, Blinds, Impact Glass, Sliding
  • Bedroom Features: Entry Level, Sitting Area - Master Bedroom
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen, Snack Bar/Counter
  • Living Room Features: Storage Room
  • Master Bathroom Features: Bidet, Separate Tub & Shower

Exterior Features

  • View: Golf View, Ocean View, Skyline
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Northeast
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front, Seawall
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: OCEANSIDE FISHER ISLAND
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Assigned, Limited # Of Vehicle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Smoke Detector, Guard At Site

Condo/Co-op/Association

  • Association Fee: 3420
  • Amenities: Basketball Court, Business Center, Clubhouse-Clubroom
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 30-42-10-008-0060
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 9410
  • Number Of Units In Community: 24
  • Number Of Units Total: 24

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 75865

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2019
Closed on
Mar 11, 2021
Sold by
De Paula Freitas Llc
Bought by
7861 Fisher Island Drive Llc
Seller's Agent
Oneide Gioia
Luxury Living Realty
Buyer's Agent
Mariana Niro
Serhant
List Price
$5,500,000
Sold Price
$4,650,000
Premium/Discount to List
-$850,000
-15.45%
Current Estimated Value
$7,476,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,826,087
Avg. Annual Appreciation
11.30%
Original Mortgage
$3,255,000
Outstanding Balance
$2,912,594
Interest Rate
2.32%
Mortgage Type
New Conventional
Estimated Equity
$4,527,543

Purchase Details

Listed on
Jul 18, 2014
Closed on
Oct 14, 2015
Sold by
Eagle Hill Llc
Bought by
De Paula Freitas Llc
Seller's Agent
Jill Eber
Coldwell Banker Realty
Buyer's Agent
Oneide Gioia
Luxury Living Realty
List Price
$6,900,000
Sold Price
$5,000,000
Premium/Discount to List
-$1,900,000
-27.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.33%
Original Mortgage
$3,250,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 18, 2013
Closed on
Mar 31, 2014
Sold by
Unit 7861 Holdings Inc
Bought by
Eagle Hill Llc
Seller's Agent
Jill Eber
Coldwell Banker Realty
Buyer's Agent
Jill Eber
Coldwell Banker Realty
List Price
$3,975,000
Sold Price
$3,750,000
Premium/Discount to List
-$225,000
-5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.69%

Purchase Details

Closed on
Dec 10, 2013
Sold by
Amiens Corp
Bought by
Unit 7861 Holdings Inc

Purchase Details

Closed on
Oct 2, 1995
Sold by
Island Dev Ltd
Bought by
Amiens Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$742,000
Interest Rate
7.72%
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
7861 Fisher Island Drive Llc $4,650,000 Worldwide Title & Re
7861 Fisher Island Drive Llc $4,650,000 Worldwide Title & Real Estate
De Paula Freitas Llc $5,000,000 Attorney
Eagle Hill Llc $3,750,000 Attorney
Unit 7861 Holdings Inc -- Attorney
Amiens Corp $1,060,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 7861 Fisher Island Drive Llc $3,255,000
Closed 7861 Fisher Island Drive Llc $3,255,000
Previous Owner De Paula Freitas Llc $3,250,000
Previous Owner Amiens Corp $1,000,000
Previous Owner Amiens Corp $742,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2021 03/18/21 Sold $4,650,000 -10.6% $1,481 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
12/07/2019 12/07/19 Price Changed $5,200,000 -5.5% $1,656 / Sq Ft
09/18/2019 09/18/19 For Sale $5,500,000 +10.0% $1,752 / Sq Ft
10/14/2015 10/14/15 Sold $5,000,000 -13.7% $1,592 / Sq Ft
08/10/2015 08/10/15 Pending -- -- --
07/09/2015 07/09/15 Price Changed $5,795,000 -10.7% $1,846 / Sq Ft
01/28/2015 01/28/15 Price Changed $6,490,000 -5.9% $2,067 / Sq Ft
07/18/2014 07/18/14 For Sale $6,900,000 +84.0% $2,197 / Sq Ft
04/04/2014 04/04/14 Sold $3,750,000 -5.7% $1,194 / Sq Ft
10/18/2013 10/18/13 For Sale $3,975,000 -- $1,266 / 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 $100,246 $5,331,021 -- --
2024 $87,988 $4,846,383 -- --
2023 $87,988 $4,405,803 $0 $0
2022 $71,856 $4,216,080 $0 $0
2021 $56,271 $2,986,390 $0 $0
2020 $56,397 $3,194,000 $0 $0
2019 $71,356 $4,030,200 $0 $0
2018 $75,865 $4,741,388 $0 $0
2017 $75,154 $3,993,000 $0 $0
2016 $73,086 $3,630,000 $0 $0
2015 $69,812 $3,823,700 $0 $0
2014 $46,018 $2,466,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10742237

MIAMI REALTORS® MLS

APN: 30-4210-008-0060