NOT LISTED FOR SALE

5311 Fisher Island Dr Unit 5311 Miami Beach, FL 33109

Fisher Island Neighborhood

Estimated Value: $6,274,000 - $11,063,140

4 Beds
4 Baths
6,881 Sq Ft
$4,448/mo HOA Fee

Last Sold July 01, 2024

Last sale price $10,591,796 $1,539 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $63,215/month

4 Days on Market

Highlights

  • Marina
  • Property Fronts a Bay or Harbor
  • Private Guards
  • South Pointe Elementary School Rated A-
  • Fitness Center
  • Main Floor Primary Bedroom

About This Home

As of July 2024

Located in the Bayview section of Fisher Island, the unit offers 4 bedrooms/4 bathrooms with 6,881 square feet and open bay and Miami skyline views.

Last Listed By

Jill Eber

Coldwell Banker Realty License #0333469 Listed on: 05/22/2024

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $169,702

Year Built

  • Built in 1991

Lot Details

  • Property Fronts a Bay or Harbor
  • West Facing Home

HOA Fees

  • $4,448 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 6,881 Sq Ft Home
  • Sliding Windows
  • Combination Dining and Living Room
  • Bay Views

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Ice Maker

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms

Home Security

Additional Features

  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 30-42-09-013-0010

Community Details

Overview

  • Club Membership Available
  • Club Membership Required
  • Mid-Rise Condominium
  • Bayview Fisher Isl No Two Condos
  • Bayview Fisher Isl No Two Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 9-Story Property

Amenities

  • Sauna
  • Courtesy Bus
  • Elevator
  • Bike Room

Recreation

  • Marina
  • Golf Course Membership Available
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Bike Trail

Pet Policy

  • Breed Restrictions

Security

  • Private Guards
  • Security Guard
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$169,702

Year Built

Built in 1991

Lot Details

0

HOA Fees

$4,448 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1991
  • Property Sub Type: Condominium
  • Entry Level: 1
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: BAYVIEW FISHER ISL NO TWO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Ice Maker, Microwave, Electric Range, Refrigerator, Wall Oven
  • Interior Amenities: First Floor Entry, Other
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 6881
  • Possible Use: Unknown/Withheld
  • Stories: 9
  • Window Features: Sliding
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Primary Bedroom Ground Level
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Other

Exterior Features

  • View: Bay
  • Exterior Features: East Of Us1, Other
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: BAYVIEW FISHER ISL NO TWO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Assigned, Covered, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Smoke Detector, Guard At Site, Private Guards, Security Patrol

Condo/Co-op/Association

  • Association Fee: 13344
  • Amenities: Bike Storage, Bike/Jog Path, Child Play Area, Courtesy Bus, Elevator(s), Exercise Room, Exterior Lighting, Golf Equity Available, Marina, Other Membership Available, Pool, Sauna, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 30-42-09-013-0010
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 169702

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2024
Closed on
Jun 28, 2024
Sold by
5311 Fisher Island Drive Trust and Eastern Financial Mortgage Corporation
Bought by
Bayit 5311 Llc
Seller's Agent
Jill Eber
Coldwell Banker Realty
Buyer's Agent
MAR NON-MEMBER
NO MLS PARTICIPATION (MAR)
List Price
$16,500,000
Sold Price
$10,591,797
Premium/Discount to List
-$5,908,203
-35.81%
Total Days on Market
4
Views
4
Current Estimated Value
$7,995,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,596,417
Avg. Annual Appreciation
-26.59%
Original Mortgage
$7,373,100
Outstanding Balance
$7,334,472
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$885,850

Purchase Details

Closed on
Dec 2, 2021
Sold by
Eastern Financial Mortgage Corporation
Bought by
5311 Fisher Island Drive Trust

Purchase Details

Closed on
May 19, 2021
Sold by
Temnikova Elena
Bought by
Eastern Financial Mortgage Corporation

Purchase Details

Listed on
Nov 26, 2012
Closed on
Dec 5, 2012
Sold by
Collado Hector A and Collado Clara E
Bought by
Temnikov Elena and Temnikova Elena
Seller's Agent
Jill Eber
Coldwell Banker Realty
Buyer's Agent
Jill Eber
Coldwell Banker Realty
List Price
$5,900,000
Sold Price
$5,100,000
Premium/Discount to List
-$800,000
-13.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.93%
Original Mortgage
$2,000,000
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2005
Sold by
Garlu Worldwide Corp
Bought by
Collado Hector A and Collado Clara E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
5.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 27, 1997
Sold by
Island Developers Ltd
Bought by
Garlu Worldwide Corp

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
Bayit 5311 Llc $10,591,800 None Listed On Document
5311 Fisher Island Drive Trust $4,275,000 Wells & Wells Pa
Eastern Financial Mortgage Corporation $500,100 None Available
Temnikov Elena $5,100,000 Tri County Fl Title Co Inc
Collado Hector A $2,800,000 --
Garlu Worldwide Corp $2,345,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bayit 5311 Llc $7,373,100
Previous Owner Temnikova Elena $1,500,000
Previous Owner Temnikov Elena $2,000,000
Previous Owner Collado Hector A $250,000
Previous Owner Collado Hector A $1,800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Sold $10,591,797 -35.8% $1,539 / Sq Ft
05/27/2024 05/27/24 Pending -- -- --
05/22/2024 05/22/24 For Sale $16,500,000 +223.5% $2,398 / Sq Ft
12/11/2012 12/11/12 Sold $5,100,000 -13.6% $741 / Sq Ft
11/26/2012 11/26/12 Pending -- -- --
11/26/2012 11/26/12 For Sale $5,900,000 -- $857 / 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
2024 $169,702 $9,014,463 -- --
2023 $169,702 $8,194,967 $0 $0
2022 $126,972 $7,449,970 $0 $0
2021 $63,862 $3,667,389 $0 $0
2020 $63,157 $3,616,755 $0 $0
2019 $61,890 $3,535,440 $0 $0
2018 $59,204 $3,469,520 $0 $0
2017 $58,803 $3,398,159 $0 $0
2016 $58,838 $3,328,266 $0 $0
2015 $95,062 $5,246,277 $0 $0
2014 -- $5,204,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11592700

MIAMI REALTORS® MLS

APN: 30-4209-013-0010