NOT LISTED FOR SALE

7948 Fisher Island Dr Unit 7948 Miami Beach, FL 33109

Estimated Value: $5,300,000 - $8,092,681

3 Beds
3.5 Baths
3,140 Sq Ft
$2,415/mo HOA Fee

Last Sold July 20, 2017

Last sale price $2,650,000 $844 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $42,845/month

62 Days on Market

Highlights

  • Marina
  • Ocean Front
  • Golf Course Community
  • South Pointe Elementary School Rated A-
  • Boat Dock
  • 1-minute walk to South Pointe Park

About This Home

As of July 2017

Amazing opportunity to purchase the lowest priced corner 3BR/3+1BA in all of Oceanside Fisher Island, residence located on the fourth floor on the ocean. Spectacular sunrise & sunset views, direct beach, and Downtown Miami views. 3,140 SF. Beautiful travertine floors throughout with expansive wrap around terrace. Buyer must purchase club membership from seller at closing. Maintenance fee $2415.94 per month.

Last Agent to Sell the Property

Cyril Matz

Douglas Elliman License #3110560 Listed on: 04/14/2017

Douglas Elliman

Last Buyer's Agent

Robert Volé

The Island License #0612969

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $50,782

Year Built

  • Built in 1989

HOA Fees

  • $2,415 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,140 Sq Ft Home
  • Blinds
  • Marble Flooring
  • Ocean Views
  • Washer

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

Outdoor Features

  • Boat Lock
  • Balcony

Additional Features

  • Accessible Elevator Installed
  • Ocean Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 30-42-10-007-0430

Community Details

Overview

  • Club Membership Required
  • Mid-Rise Condominium
  • Oceanside Fisher Island Condos
  • Fisher Island Subdivision
  • 9-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Billiard Room
  • Business Center
  • Bar or Lounge
  • Elevator

Recreation

  • Boat Dock
  • Marina
  • Golf Course Community
  • Community Basketball Court
  • Heated Community Pool
  • Community Spa

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Security Service
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$50,782

Year Built

Built in 1989

Lot Details

0

HOA Fees

$2,415 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1989
  • Property Sub Type: Condominium
  • Entry Level: 4
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlock
  • 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, Ice Maker, Microwave, Refrigerator, Washer
  • Interior Amenities: Bar, Elevator, Fire Sprinklers
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 3140
  • Possible Use: Unknown/Withheld
  • Stories: 9
  • Window Features: Blinds
  • Bedroom Features: Other

Exterior Features

  • View: Ocean View
  • Exterior Features: Other, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: OCEANSIDE FISHER ISLAND
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces

Utilities

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

Condo/Co-op/Association

  • Association Fee: 2415
  • Amenities: Bar, Basketball Court, Billiard Room, Boat Dock, Business Center, Clubhouse-Clubroom, Elevator(s), Golf Course Com, Heated Pool, Marina, Pool, Private Pool, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 30-42-10-007-0430
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 2415

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 50782

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2017
Closed on
Jul 20, 2017
Sold by
Proxima Properties Sa
Bought by
Polmyra Llc
Seller's Agent
Cyril Matz
Douglas Elliman
Buyer's Agent
Robert Volé
The Island
List Price
$2,999,000
Sold Price
$2,650,000
Premium/Discount to List
-$349,000
-11.64%
Current Estimated Value
$6,419,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,769,420
Avg. Annual Appreciation
12.25%

Purchase Details

Closed on
Oct 12, 1994
Sold by
Island Dev Ltd
Bought by
Proxima Prop Sa
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
Polmyra Llc $2,650,000 Attorney
Proxima Prop Sa $1,220,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2017 07/20/17 Sold $2,650,000 -11.6% $844 / Sq Ft
06/15/2017 06/15/17 Pending -- -- --
04/14/2017 04/14/17 For Sale $2,999,000 -- $955 / 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 $65,425 $2,903,016 -- --
2024 $52,472 $2,639,106 -- --
2023 $52,472 $2,399,188 $0 $0
2022 $39,786 $2,181,080 $0 $0
2021 $34,908 $1,982,800 $0 $0
2020 $35,011 $1,982,800 $0 $0
2019 $45,079 $2,647,000 $0 $0
2018 $48,616 $2,815,991 $0 $0
2017 $47,065 $2,602,559 $0 $0
2016 $50,782 $2,365,963 $0 $0
2015 $46,197 $2,150,876 $0 $0
2014 $42,107 $1,955,342 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cyril Matz

    Seller's Agent in 2017

    Cyril Matz

    Douglas Elliman

    (305) 926-2600

    14 in this area

    33 Total Sales

    Cyril Matz
    Section Image
  • Robert Volé

    Buyer's Agent in 2017

    Robert Volé

    The Island

    (305) 604-5992

    14 in this area

    17 Total Sales

    Robert Volé
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10256743

MIAMI REALTORS® MLS

APN: 30-4210-007-0430

Florida Miami/Dade County Miami Beach 33109

7948 Fisher Island Dr Unit 7948, Miami Beach, FL

This home is located at 7948 Fisher Island Dr Unit 7948, Miami Beach, FL 33109 since 14 April 2017 and is currently estimated at $6,419,420, approximately $2,044 per square foot. This property was built in 1989. 7948 Fisher Island Dr Unit 7948 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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