NOT LISTED FOR SALE

7001 Fisher Island Dr Unit PH1 Miami Beach, FL 33109

Fisher Island Neighborhood

Estimated Value: $8,496,000 - $36,587,356

5 Beds
5.5 Baths
7,000 Sq Ft
$14,120/mo HOA Fee

Last Sold June 20, 2024

Last sale price $37,000,000 $5,286 Per Sq Ft

Est. 39% decrease in value since last sale

Current estimated payment $166,020/month

147 Days on Market

Highlights

  • Doorman
  • Marina
  • Property has ocean access
  • South Pointe Elementary School Rated A-
  • Ocean View
  • 3-minute walk to South Pointe Park

About This Home

As of June 2024

Step Inside With Me!

Last Listed By

Dina Goldentayer

Douglas Elliman License #3116846 Listed on: 01/04/2024

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $313,032

Year Built

  • Built in 2016

HOA Fees

  • $14,120 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Golf Cart Parking

Property Views

  • Ocean
  • Bay
  • Skyline

Home Design

  • Penthouse
  • Concrete Block And Stucco Construction

Interior Spaces

  • 7,000 Sq Ft Home
  • Furnished
  • Built-In Features
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Balcony

Additional Features

  • Accessible Elevator Installed
  • Property Fronts a Bay or Harbor
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-10-018-0410

Community Details

Overview

  • Club Membership Available
  • Mid-Rise Condominium
  • Palazzo Del Sol Condos
  • Palazzo Del Sol/Della Lun Subdivision
  • 10-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Community Barbecue Grill
  • Courtesy Bus
  • Clubhouse
  • Billiard Room
  • Business Center
  • Elevator

Recreation

  • Boat Dock
  • Marina
  • Golf Course Membership Available
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Bike Trail

Pet Policy

  • Breed Restrictions

Security

  • Secure Elevator
  • Impact Glass
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$313,032

Year Built

Built in 2016

Lot Details

0

HOA Fees

$14,120 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2016
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, Penthouse
  • Entry Level: 10
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access,Community Boat Dock
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: PALAZZO DEL SOL/DELLA LUN
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Bar, Built-in Features, Elevator, Entrance Foyer, Pantry, Walk-In Closet(s), Den/Library/Office, Family Room, Great Room, Separate Guest/In-Law Quarters, Media Room
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Wood
  • Furnished: Furnished
  • Living Area: 7000
  • Possible Use: Unknown/Withheld
  • Stories: 10
  • Window Features: Impact Glass
  • Bedroom Features: Entry Level, Sitting Area - Primary Bedroom
  • Dining Room Features: Eat-In Kitchen, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Great Room, Separate Guest/In-Law Quarters, Media Room
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Bay, Ocean View, Skyline
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony, Wrap Around
  • Pool Private: No
  • View: Yes
  • Waterfront Features: No Fixed Bridges, Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: PALAZZO DEL SOL
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Golf Cart Parking, Valet

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Doorman, Elevator Secure

Condo/Co-op/Association

  • Association Fee: 14120
  • Amenities: Barbecue, Bike/Jog Path, Billiard Room, Business Center, Clubhouse-Clubroom, Courtesy Bus, Elevator(s), Exercise Room, Golf Equity Available, Marina, Other Membership Available, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 02-42-10-018-0410
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 313032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2024
Closed on
Jun 20, 2024
Sold by
Zoweel Llc
Bought by
Sandcastle Isle Llc
Seller's Agent
Dina Goldentayer
Douglas Elliman
Buyer's Agent
Don Pingaro
Official Real Estate, LLC
List Price
$42,500,000
Sold Price
$37,000,000
Premium/Discount to List
-$5,500,000
-12.94%
Total Days on Market
147
Views
489
Current Estimated Value
$22,541,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,458,322
Avg. Annual Appreciation
-44.18%
Original Mortgage
$22,000,000
Outstanding Balance
$21,837,844
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$703,834

Purchase Details

Closed on
Jun 3, 2021
Sold by
Pds Development Llc
Bought by
Zoweel Llc

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
Sandcastle Isle Llc $37,000,000 None Listed On Document
Sandcastle Isle Llc $37,000,000 None Listed On Document
Zoweel Llc $18,700,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sandcastle Isle Llc $22,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2024 06/20/24 Sold $37,000,000 -12.9% $5,286 / Sq Ft
05/30/2024 05/30/24 Pending -- -- --
04/05/2024 04/05/24 For Sale $42,500,000 0.0% $6,071 / Sq Ft
04/05/2024 04/05/24 Off Market $42,500,000 -- --
01/04/2024 01/04/24 For Sale $42,500,000 -- $6,071 / 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 $313,032 $16,734,300 -- --
2023 $313,032 $15,213,000 $0 $0
2022 $259,856 $13,830,000 $0 $0
2021 $267,031 $13,830,000 $0 $0
2020 $328,784 $16,983,000 $0 $0
2019 $358,884 $18,870,000 $0 $0
2018 $345,645 $18,500,000 $0 $0
2017 $352,296 $18,500,000 $0 $0
2016 $27,486 $1,415,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11507600

MIAMI REALTORS® MLS

APN: 02-4210-018-0410