$8,875,000
SOLD MAR 26, 2024

5224 Fisher Island Dr Unit 5224 Miami Beach, FL 33109

4 Beds
4.5 Baths
3,550 Sq Ft
$4,087/mo HOA Fee

Recently Sold

$2,500 Per Sq Ft

12% Below List Price

156 Days on Market

Highlights

  • Marina
  • Boat Ramp
  • Dock Available
  • South Pointe Elementary School Rated A-
  • Property has ocean access
  • On Golf Course

About This Home

As of March 2024

Welcome to your private paradise on Fisher Island, a secluded oasis nestled off the southern tip of Miami Beach, where exceptional luxury meets the sparkling blue waters of beautiful Biscayne Bay. This exclusive 4 bedroom residence offers a world-class living experience with a wealth of amenities that redefine opulence and leisure. The ?four oversized bedrooms are a standout feature, making this unit unique and highly desirable, providing ample space for relaxation and comfort. Don't miss the opportunity to call this luxurious Fisher Island? turnkey residence your new home? for this upcoming winter. Contact the listing broker via text today to schedule a private viewing and discover the epitome of waterfront resort living in Miami. Your dream home awaits!

Last Agent to Sell the Property

Don Pingaro

Ocean Insiders LLC License #3273343 Listed on: 10/08/2023

Ocean Insiders LLC

Last Buyer's Agent

Karla Abaunza

Luxury Living Realty License #0669873

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $73,964

Year Built

  • Built in 1992 | Remodeled

Lot Details

  • Property Fronts a Bay or Harbor
  • On Golf Course
  • West Facing Home

HOA Fees

  • $4,087 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Golf Cart Parking

Property Views

  • Bay
  • Pool

Interior Spaces

  • 3,550 Sq Ft Home
  • Furnished
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Storage Room
  • Marble Flooring

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Dock Available
  • Balcony

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 30-42-09-014-0200

Community Details

Overview

  • Club Membership Available
  • Club Membership Required
  • Mid-Rise Condominium
  • Bayview Condos
  • Bayview Fisher Isl Condo,Fisher Island Subdivision
  • Property has 1 Level

Amenities

  • Courtesy Bus
  • Trash Chute

Recreation

  • Boat Ramp
  • Marina
  • Golf Course Membership Available
  • Tennis Courts
  • Community Basketball Court
  • Handball Court
  • Fitness Center
  • Heated Community Pool
  • Bike Trail

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $4,497

Security

  • Private Guards
  • Security Service
  • High Impact Windows
  • High Impact Door
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$73,964

Year Built

Built in 1992 | Remodeled

Lot Details

0

HOA Fees

$4,087 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1992
  • Property Sub Type: Condominium
  • Directions: Easy to show. Contact the listing agent via text to arange your private viewing
  • Entry Level: 2
  • Road Frontage Type: Bay
  • 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: BAYVIEW FISHER ISL CONDO,Fisher Island
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Cooking Island, Fire Sprinklers, Entrance Foyer, Roman Tub, Walk-In Closet(s), Storage, Utility Room/Laundry
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Marble
  • Furnished: Partially, Furnished
  • Living Area: 3550
  • Possible Use: Unknown/Withheld
  • Stories: 10
  • Window Features: Clear Impact Glass, Blinds, High Impact Windows
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level
  • Dining Room Features: Dining/Living Room, Other
  • Living Room Features: Storage Room, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Bay, Pool Area View, Water View
  • Exterior Features: On Golf Course, Open Balcony
  • Direction Faces: West
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront Features: No Fixed Bridges, Ocean Access, Seawall
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Fire Sprinklers, Other, Private Guards, Security Patrol

Condo/Co-op/Association

  • Association Fee: 12261
  • Amenities: Basketball Court, Bike/Jog Path, Courtesy Bus, Exercise Room, Golf Equity Available, Handball/Basketball, Heated Pool, Exterior Lighting, Marina, Other Membership Available, Pool, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 30-42-09-014-0200
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 4497

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 73964

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2023
Closed on
Mar 26, 2024
Sold by
Dlb Ventures Llc
Bought by
Ss Flo Holdings Corp
Seller's Agent
Don Pingaro
Ocean Insiders LLC
Buyer's Agent
Karla Abaunza
Luxury Living Realty
List Price
$10,100,000
Sold Price
$8,875,000
Premium/Discount to List
-$1,225,000
-12.13%
Views
232
Current Estimated Value
$8,662,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$212,830
Avg. Annual Appreciation
-1.81%

Purchase Details

Listed on
Mar 3, 2021
Closed on
Apr 9, 2021
Sold by
5224 Bayside Llc
Bought by
Dlb Ventures Llc
Seller's Agent
Michelle Silva-Lindquist
MMLS Assoc.-Inactive Member
Buyer's Agent
Don Pingaro
Ocean Insiders LLC
List Price
$5,600,000
Sold Price
$5,500,000
Premium/Discount to List
-$100,000
-1.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.55%

Purchase Details

Listed on
Oct 21, 2015
Closed on
Mar 25, 2016
Sold by
Essenza Llc
Bought by
5224 Bayside Llc
Seller's Agent
Elena Bluntzer
One Sotheby's International Realty
Buyer's Agent
Michelle Silva-Lindquist
MMLS Assoc.-Inactive Member
List Price
$3,250,000
Sold Price
$2,950,000
Premium/Discount to List
-$300,000
-9.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.68%

Purchase Details

Listed on
Oct 21, 2015
Closed on
Jan 22, 2016
Sold by
Ficon Holdings Llc
Bought by
Essenza Llc
Seller's Agent
Elena Bluntzer
One Sotheby's International Realty
Buyer's Agent
Michelle Silva-Lindquist
MMLS Assoc.-Inactive Member
List Price
$3,250,000
Sold Price
$2,950,000
Premium/Discount to List
-$300,000
-9.23%

Purchase Details

Closed on
Sep 22, 2005
Sold by
Busso Mariano E and Schutze Stephanie B
Bought by
Ficon Holdings Llc

Purchase Details

Closed on
Aug 31, 2004
Sold by
Battenburg Estates Ltd
Bought by
Busso Mariano E and Schutze Stefanie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$952,000
Interest Rate
5.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 27, 1997
Sold by
Island Developers Ltd
Bought by
Battenburg Estates Ltd
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
Warranty Deed $8,875,000 Kensington Vanguard National L
Warranty Deed $5,500,000 Trident Title
Quit Claim Deed -- Attorney
Warranty Deed $2,950,000 Attorney
Warranty Deed $938,600 --
Warranty Deed $1,465,000 --
Deed $1,198,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $952,000 Unknown
Closed $200,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2024 03/26/24 Sold $8,875,000 -6.6% $2,500 / Sq Ft
03/13/2024 03/13/24 Pending -- -- --
02/06/2024 02/06/24 Price Changed $9,500,000 -5.9% $2,676 / Sq Ft
10/09/2023 10/09/23 For Sale $10,100,000 +83.6% $2,845 / Sq Ft
04/12/2021 04/12/21 Sold $5,500,000 -1.8% $1,549 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $5,600,000 +89.8% $1,577 / Sq Ft
01/25/2016 01/25/16 Sold $2,950,000 -9.2% $831 / Sq Ft
11/25/2015 11/25/15 Pending -- -- --
10/21/2015 10/21/15 For Sale $3,250,000 0.0% $915 / Sq Ft
04/13/2012 04/13/12 Rented $10,000 -9.1% --
03/14/2012 03/14/12 Under Contract -- -- --
09/20/2009 09/20/09 For Rent $11,000 -- --
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 $101,249 $7,106,406 -- --
2024 $87,518 $5,251,145 -- --
2023 $87,518 $4,773,769 $0 $0
2022 $73,964 $4,339,790 $0 $0
2021 $53,473 $2,838,151 $0 $0
2020 $50,496 $3,272,800 $0 $0
2019 $46,144 $2,606,200 $0 $0
2018 $44,995 $2,606,232 $0 $0
2017 $45,637 $2,606,232 $0 $0
2016 $44,168 $1,921,868 $0 $0
2015 $43,398 $1,747,153 $0 $0
2014 $35,519 $1,588,321 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11462393

MIAMI REALTORS® MLS

APN: 30-4209-014-0200