$19,900,000
$3M PRICE DROP

5242 Fisher Island Dr Unit 5242 Miami Beach, FL 33109

Fisher Island Neighborhood

Estimated payment $124,353/month

Total Views 10,778
5 Beds
5.5 Baths
6,120 Sq Ft
$3,252 Price per Sq Ft

Highlights

  • Boat Ramp
  • Bar or Lounge
  • Private Guards
  • Property Fronts a Bay or Harbor
  • Private Beach Pavilion
  • Fishing

About This Home

THE EPITOME OF LUXE LIVING WITH BREATHTAKING MIAMI SKYLINE & OPEN BAY VIEWS THIS FISHER ISLAND RESIDENCE IS CURATED BY RENOWNED DESIGNER CARLA CANEPA! Turn-Key Home where every detail has been Crafted to Perfection w/Sierra Italian furnishings. Spacious 5-Bedrooms + Office, 5.5-Bath offers 6,120 SF of refined interior living space. Expansive terraces w/Sunset Views. Listone Giordano Italian Light Oak Wood Floors, Chef's Kitchen w/Double Premium Wolf Appliances. Bar area w/Polished Onyx Bar & Temp Controlled Wine Room. Powder Room in Blush Onyx. Expansive Primary Bedroom Suite w/separate Walk-In Closets & Primary Bath wrapped in Exotic Book-matched Slab Stone + Soaking Tub w/Matte Gold Dornbracht fixtures. Impact Glass Doors & Lutron & Sonos. AC Storage. 2 Parking Spaces + XLGolf Cart Space

Listing Agent

Dora Puig

Luxe Living Realty License #3268462

Luxe Living Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $132,654

Year Built

  • Built in 1992

HOA Fees

  • $4,448 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Old Spanish Architecture
  • Concrete Block And Stucco Construction

Interior Spaces

  • 6,120 Sq Ft Home
  • Furnished
  • Formal Dining Room
  • Bay Views
  • Dryer

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Home Security

Additional Features

  • Unrestricted saltwater access
  • Property Fronts a Bay or Harbor
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 30-42-09-014-0100

Community Details

Overview

  • Senior Community
  • Club Membership Required
  • Mid-Rise Condominium
  • Bayview Fisher Island Condos
  • 10-Story Property

Amenities

  • Sauna
  • Bar or Lounge
  • Elevator
  • Community Storage Space

Recreation

  • Boat Ramp
  • Boat Dock
  • Private Beach Pavilion
  • Golf Course Membership Available
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Pool
  • Community Spa
  • Fishing

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $8,543

Security

  • Private Guards
  • Security Service
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$132,654

Year Built

Built in 1992

Lot Details

0

HOA Fees

$4,448 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1992
  • Property Sub Type: Condominium
  • Architectural Style: Old Spanish
  • Entry Level: 4
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Community Boat Dock,Community Boat Ramp,Unrestricted Salt Water Access
  • New Construction: No
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: .
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven
  • Interior Amenities: Closet Cabinetry, Walk-In Closet(s)
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Flooring: Marble, Wood
  • Furnished: Furnished
  • Living Area: 6120
  • Stories: 10
  • Bedroom Features: Entry Level
  • Dining Room Features: Breakfast Area, Formal Dining
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Bay, Water View
  • Construction Type: CBS Construction
  • Pool Private: Yes
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: BAYVIEW 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: Private Guards, Security Patrol

Condo/Co-op/Association

  • Association Fee: 13345
  • Amenities: Bar, Basketball Court, Child Play Area, Elevator(s), Storage, Fishing Pier, Golf Equity Available, Pool, Private Beach Pavilion, Private Pool, Sauna, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Senior Community: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 30-42-09-014-0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 8543

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 132654

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $115,107 $6,993,381 -- --
2023 $115,107 $6,789,691 $0 $0
2022 $79,999 $4,385,590 $0 $0
2021 $70,192 $3,986,900 $0 $0
2020 $95,624 $5,695,600 $0 $0
2019 $89,496 $5,503,400 $0 $0
2018 $81,974 $5,419,373 $0 $0
2017 $77,391 $3,926,379 $0 $0
2016 $69,222 $3,569,436 $0 $0
2015 $67,284 $3,244,942 $0 $0
2014 -- $2,949,948 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2025 03/13/25 Price Changed $19,900,000 -11.2% $3,252 / Sq Ft
10/01/2024 10/01/24 For Sale $22,400,000 +141.1% $3,660 / Sq Ft
03/25/2022 03/25/22 Sold $9,290,000 -1.2% $1,518 / Sq Ft
01/21/2022 01/21/22 Pending -- -- --
11/03/2021 11/03/21 For Sale $9,400,000 0.0% $1,536 / Sq Ft
09/15/2020 09/15/20 Rented $22,500 -35.7% --
09/08/2020 09/08/20 Under Contract -- -- --
07/01/2020 07/01/20 For Rent $35,000 -- --
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $9,290,000 Jason B Giller Pa
Deed $2,050,000 --
Deed $1,693,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,500,000 New Conventional
Source: Public Records

Similar Homes in Miami Beach, FL

  • 6 Fisher Island Dr Unit 606, Miami Beach, FL 33109

    $22,200,000

    • 4 Beds
    • 5.5 Baths
    • 5,058 Sq Ft
    • 6 Fisher Island Dr
    • Unit 606
    • Miami Beach, FL

    Fewer than 50 waterfront homes, The Residences at Six Fisher Island will be the last new construction project built on the ultra-private island. Owners will enjoy membership to Fisher Island Club with access to beach club, golf course and more. Six Fisher’s on-site, residents-only amenities include two pools, restaurant with Chef’s Table and cocktail lounges, padel court, private dock with house

    Nirka Burns Padilla Douglas Elliman

    Section Image
  • 7025 Fisher Island Dr Unit 7025, Miami Beach, FL 33109

    $24,500,000

    • 5 Beds
    • 6.5 Baths
    • 7,630 Sq Ft
    • 7025 Fisher Island Dr
    • Unit 7025
    • Miami Beach, FL

    Step Inside With Me! Space reigns supreme at this exceptional Bay Estate at Palazzo del Sol. With 5 bedrooms + study, the 7,600SF of meticulously maintained interiors are complimented by serene water views and nearly 3,000SF of terraces. Stately elevators lead to an impeccably appointed great room featuring 5 social areas: grand foyer, hosting salon, bay-front lounge, media den, and formal

    Dina Goldentayer Douglas Elliman

    Section Image
  • 7813 Fisher Island Dr Unit 7813, Miami Beach, FL 33109

    $17,000,000

    • 6 Beds
    • 6.5 Baths
    • 4,390 Sq Ft
    • 7813 Fisher Island Dr
    • Unit 7813
    • Miami Beach, FL

    Experience unparalleled luxury in this breathtaking ground-floor Oceanside residence on Fisher Island. Meticulously renovated, this exquisite 4,390 sq. ft. home boasts 6 bedrooms and 6.5 baths, complemented by expansive terraces steps away from the pristine beach. Professionally designed, the open-concept layout seamlessly merges formal dining and living spaces, highlighted by stunning wood and

    Oneide Gioia Luxury Living Realty

    Section Image
  • 7192 Fisher Island Dr Unit 7192, Miami Beach, FL 33109

    $23,950,000

    • 6 Beds
    • 5.5 Baths
    • 7,025 Sq Ft
    • 7192 Fisher Island Dr
    • Unit 7192
    • Miami Beach, FL

    This designer penthouse at Palazzo del Mare offers unparalleled style, curated by renowned designer Lorraine Letendre. With direct views of South Beach, the ocean, and the Miami skyline, this 7,025 sq. ft. residence boasts six bedrooms, five-and-a-half bathrooms, and expansive terraces. Elegant marble flooring, 12-ft illuminated ceilings, and a modern fireplace enhance the grand living space. A

    Pablo Alfaro Compass Florida, LLC.

    Section Image
  • 501 West Ave Unit 4205, Miami Beach, FL 33139

    $15,000,000

    • 4 Beds
    • 6 Baths
    • 6,777 Sq Ft
    • 501 West Ave
    • Unit 4205
    • Miami Beach, FL

    Experience unparalleled luxury at Five Park, the latest architectural gem in the coveted South of Fifth neighborhood by Arquitectonica. This exclusive combo unit offers the opportunity to own a brand-new corner residence that has never been lived in before. It features 4 bedrooms, 4 bathrooms, 2 powder rooms, 2 offices, and a wraparound private terrace with 5,155 sq. ft. of sophisticated living

    Ivan Chorney Compass Florida, LLC.

    Section Image
  • 500 Alton Rd Unit 4201.05, Miami Beach, FL 33139

    $15,000,000

    • 4 Beds
    • 6 Baths
    • 5,155 Sq Ft
    • 500 Alton Rd
    • Unit 4201.05
    • Miami Beach, FL

    Experience unparalleled luxury at Five Park, the latest architectural gem in the coveted South of Fifth neighborhood by Arquitectonica. This exclusive combo unit offers the opportunity to own a brand-new corner residence that has never been lived in before. It features 4 bedrooms, 4 bathrooms, 2 powder rooms, 2 offices, and a wraparound private terrace with 5,155 sq. ft. of sophisticated living

    Ivan Chorney Compass Florida, LLC.

    Section Image
  • 500 Alton Rd Unit LPH4702, Miami Beach, FL 33139

    $20,000,000

    • 4 Beds
    • 6.5 Baths
    • 5,888 Sq Ft
    • 500 Alton Rd
    • Unit LPH4702
    • Miami Beach, FL

    One of the most remarkable residences in Miami - stunning lower Penthouse at Five Park, featuring 4 beds, 6.5 baths, office and media room. 11 ft+ ceilings. 5,888 sq ft of interior space, complemented by 1,868 sq ft of wraparound terrace. Sweeping views of magical sunsets over the Miami skyline, and sunrises over the Ocean. Open living space meticulously designed and detailed by Meyer Davis is

    Anca Mirescu Douglas Elliman

    Section Image
  • 100 S Pointe Dr Unit 2504 / 2503, Miami Beach, FL 33139

    $19,250,000

    • 5 Beds
    • 7 Baths
    • 4,776 Sq Ft
    • 100 S Pointe Dr
    • Unit 2504 / 2503
    • Miami Beach, FL

    Unparalleled opportunity to create a one-of-a-kind 5-bedroom double residence (or keep as-is 3/3.5 +2/2.5 connected by an incredible wraparound terrace) on the ideal 25th fl. with the best of the best S+E+W exposures, surrounded by the Atlantic and unobstructed views of S.Pointe Beach, Fisher Island, Government Cut, Biscayne Bay, S.Pointe Park and the entire iconic Miami skyline. This all glass

    Jorge Martinez One Sotheby's International Re

    Section Image
  • 125 Ocean Dr Unit U-0203/C-0103, Miami Beach, FL 33139

    $22,000,000

    • 6 Beds
    • 6.5 Baths
    • 5,655 Sq Ft
    • 125 Ocean Dr
    • Unit U-0203/C-0103
    • Miami Beach, FL

    OCEANFRONT TWO STORY RESIDENCE. Feels like a house in a luxury boutique building. Nestled in the heart of the Miami Beach SOBE neighborhood. Stunning ocean views, privacy & DIRECT access to the beach. Per original floor plans 7,771 SF of Interior & Terraces, meticulously furnished & appointed. Generous spaces with 25 ft high ceilings allow for art display. Gourmet kitchen & large bathrooms.

    Fabian Garcia-Diaz One Sotheby's International Re

    Section Image

Source: MIAMI REALTORS® MLS

MLS Number: A11659114

MIAMI REALTORS® MLS

APN: 30-4209-014-0100