$11,300,000
SOLD MAR 31, 2016

7872 Fisher Island Dr Unit 7872 Miami Beach, FL 33109

3 Beds
3.5 Baths
4,590 Sq Ft
$1,900/mo HOA Fee

Recently Sold

$2,462 Per Sq Ft

13% Below List Price

24 Days on Market

Highlights

  • Ocean Front
  • Private Guards
  • Old Spanish Architecture
  • South Pointe Elementary School Rated A-
  • Marble Flooring
  • 1-minute walk to South Pointe Park

About This Home

As of May 2025

Oceanside 3/3.5 baths. Completely redone magnificent open floor plan unit. Unobstructed East ocean views and West city views from bedrooms. Membership not sold with this unit. 4700 sqft as per seller. 20 feet deep terraces.

Last Agent to Sell the Property

Lazaro Rivero

Rivero Real Estate , Inc. License #0591435 Listed on: 01/18/2016

Co-Listed By

Rose Bauer-Rivero

Rivero Real Estate , Inc. License #3034710

Last Buyer's Agent

Lazaro Rivero

Rivero Real Estate , Inc. License #0591435 Listed on: 01/18/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $59,904

Year Built

  • Built in 1990

Lot Details

  • Ocean Front
  • East Facing Home

HOA Fees

  • $1,900 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Golf Cart Parking

Property Views

  • Direct Ocean
  • Skyline

Home Design

  • Old Spanish Architecture
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,590 Sq Ft Home
  • Sliding Windows
  • Marble Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Jetted Tub in Primary Bathroom

Home Security

Outdoor Features

  • Property has ocean access
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 30-42-10-008-0140

Community Details

Overview

  • Mid-Rise Condominium
  • Oceanside Condos
  • Oceanside Subdivision
  • 9-Story Property

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $3,000

Security

  • Private Guards
  • Security Service
  • Walled
  • High Impact Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$59,904

Year Built

Built in 1990

Lot Details

0

HOA Fees

$1,900 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1990
  • Property Sub Type: Condominium
  • Architectural Style: Old Spanish
  • Co List Office Mls Id: RREV01
  • Co List Office Phone: 305-469-2999
  • Entry Level: 7
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: Oceanside
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: Other, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 4590
  • Possible Use: Unknown/Withheld
  • Stories: 9
  • Window Features: High Impact Windows, Impact Glass, Sliding
  • Bedroom Features: Entry Level
  • Dining Room Features: Other
  • Living Room Features: Other
  • Master Bathroom Features: Whirlpool/Spa

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Oceanside
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Golf Cart Parking

Utilities

  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Private Guards, Security Patrol, Walled

Condo/Co-op/Association

  • Association Fee: 1900
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 30-42-10-008-0140
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 3000

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 59904

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2024
Closed on
May 22, 2025
Sold by
Reich Joseph H
Bought by
Mptp Usa Llc
Seller's Agent
Denise Levine
Denise LeVine Realty, Inc.
Buyer's Agent
Oneide Gioia
Luxury Living Realty
List Price
$15,000,000
Sold Price
$12,300,000
Premium/Discount to List
-$2,700,000
-18%
Views
112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-72.78%
Original Mortgage
$8,610,000
Outstanding Balance
$8,602,587
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$1,003,122

Purchase Details

Listed on
Jan 18, 2016
Closed on
Mar 28, 2016
Sold by
Smith Stanley F and Smith Margaret Shaw
Bought by
Reich Joseph H and Reich Carol F
Seller's Agent
Lazaro Rivero
Rivero Real Estate , Inc.
Buyer's Agent
Lazaro Rivero
Rivero Real Estate , Inc.
List Price
$13,000,000
Sold Price
$11,300,000
Premium/Discount to List
-$1,700,000
-13.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.93%
Original Mortgage
$5,650,000
Interest Rate
2.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 31, 2007
Sold by
Typhoon Corp
Bought by
Smith Stanley F and Smith Margaret Shaw

Purchase Details

Closed on
May 31, 1994
Sold by
Island Dev Ltd
Bought by
Typhoon Corp
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Personal Reps Deed $12,300,000 None Listed On Document
Personal Reps Deed $12,300,000 None Listed On Document
Warranty Deed $11,300,000 Attorney
Warranty Deed $5,400,000 Attorney
Deed $2,160,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $8,610,000 New Conventional
Closed $8,610,000 New Conventional
Previous Owner $4,870,000 New Conventional
Previous Owner $5,650,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 Sold $12,300,000 -11.5% $2,680 / Sq Ft
01/29/2025 01/29/25 Pending -- -- --
07/30/2024 07/30/24 Price Changed $13,900,000 -7.3% $3,028 / Sq Ft
06/28/2024 06/28/24 For Sale $15,000,000 +32.7% $3,268 / Sq Ft
03/31/2016 03/31/16 Sold $11,300,000 -13.1% $2,462 / Sq Ft
02/12/2016 02/12/16 Pending -- -- --
01/18/2016 01/18/16 For Sale $13,000,000 -- $2,832 / 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 $64,794 $3,975,265 -- --
2024 $63,280 $3,863,232 -- --
2023 $63,280 $3,750,711 $0 $0
2022 $61,375 $3,641,467 $0 $0
2021 $71,933 $4,125,864 $0 $0
2020 $78,834 $4,504,601 $0 $0
2019 $103,244 $5,871,100 $0 $0
2018 $147,494 $8,583,497 $0 $0
2017 $151,911 $8,715,348 $0 $0
2016 $59,117 $3,343,845 $0 $0
2015 $59,904 $3,320,601 $0 $0
2014 -- $3,294,248 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10018465

MIAMI REALTORS® MLS

APN: 30-4210-008-0140