$18,250,000
5242 Fisher Island Drive 5242
Miami Beach, FL 33109
BAYVIEW
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $18,250,000
- Price per sq ft
- $2,982
- Vs. nearby sales
- 55.4% above
- Days on market
- 724
This 5-bedroom condo in ZIP 33109 is listed at $18,250,000, or $2,982 per square foot. The asking price has come down 18.5% from its original $22,400,000. It has been on the market for 724 days. The 6 most recent condo sales in the closings shown below sold at a median of $1,919 per square foot, so the asking price is 55.4% above what comparable homes here actually sold for.
Estimated monthly payment
$95,912 /mo
Principal and interest only, based on $3,650,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $18,250,000
- Days on Site
- 724 Days
- Bedrooms
- 5
- Total Baths
- 6
- Full Baths
- 5
- Partial Baths
- 1
- Living Area
- 6,120 sqft
- Total Sq Ft
- 6,120 sqft
- Year Built
- 1992
- Property Type
- Condo
- MLS #
- A11659114
- Property Tax
- $132,654 (2023)
- HOA Fees
- $13,345 / Quarterly
- Subdivision
- BAYVIEW
- County
- Miami Dade
- Status
- Active
About This Property
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
General Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 1992
- Property Condition
- Resale
- Number of Stories
- 10
- Garage Spaces
- 2
- Living Sq Ft
- 6,120
- Total Sq Ft
- 6,120
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Microwave / Oven / Refrigerator
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Marble / Wood
- Interior Features
- Bedroom On Main Level / Breakfast Area / Bathtub / Closet Cabinetry / Dining Area / Separate Formal Dining Room / Dual Sinks / Soaking Tub / Separate Shower / Walk In Closets / Bar
- Furnished
- Furnished
Exterior Features
- Construction
- Block
- Architectural Style
- Spanish Mediterranean
- Private Pool
- Yes
- Pool Features
- Private / Association
- Waterfront
- Yes
- Waterfront Features
- Bayfront / No Fixed Bridges
- View
- Bay / Water
Community & HOA
- HOA Fee
- $13,345 / Quarterly
- HOA Includes
- Common Areas / Maintenance Grounds / Water
- Association Amenities
- Beach Rights / Basketball Court / Maintenance Grounds / Management / Pier / Playground / Pool / Sauna / Spa Hot Tub / Storage / Tennis Courts / Elevators
- Security
- Security Guard
- Pets Allowed
- Pet Restrictions / Yes
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Other Restrictions / Ok To Lease
- MLS Area
- 2420
Schools
- Elementary School
- Miami Beach South Pointe
- Middle School
- Miami Beach Nautilus
- High School
- Miami Beach
About the Area
Browse Miami Beach homes for sale across every neighborhood and price point in Miami-Dade. Available homes span single-family, townhome, and condo segments throughout the city. Miami Beach includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Miami-Dade, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Miami-Dade market data, see Florida Realtors' monthly statistics. Browse the latest Miami Beach listings below. Then connect with a Pure Equity agent to schedule a private showing.
- Homes for Sale
- 2,616
- Median List Price
- $650,000
- Median $/Sq Ft
- $687
- Avg Days on Market
- 171
Frequently Asked Questions
- How do I schedule a tour of 5242 Fisher Island Drive 5242, Miami Beach, FL 33109?
- Use the Tour button on this listing to request a showing of 5242 Fisher Island Drive 5242, Miami Beach, FL 33109. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 5242 Fisher Island Drive 5242, Miami Beach, FL 33109 still available?
- 5242 Fisher Island Drive 5242, Miami Beach, FL 33109 is currently listed as Active, and has been on the market 724 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 5242 Fisher Island Drive 5242, Miami Beach, FL 33109?
- With 20% down ($3,650,000) on the $18,250,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5242 Fisher Island Drive 5242, Miami Beach, FL 33109 is about $95,912/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 5242 Fisher Island Drive 5242, Miami Beach, FL 33109?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5242 Fisher Island Drive 5242, Miami Beach, FL 33109. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 5242 Fisher Island Drive 5242, Miami Beach, FL 33109 have an HOA fee?
- Yes: 5242 Fisher Island Drive 5242, Miami Beach, FL 33109 carries an HOA fee of about $13,345 quarterly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 5242 Fisher Island Drive 5242, Miami Beach, FL 33109?
- 5242 Fisher Island Drive 5242, Miami Beach, FL 33109 is zoned for Miami Beach South Pointe (elementary), Miami Beach Nautilus (middle), Miami Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 5242 Fisher Island Drive 5242, Miami Beach, FL 33109?
- Often, yes. The right offer on 5242 Fisher Island Drive 5242, Miami Beach, FL 33109 depends on how it's priced against comparable condo sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Luxe Living Realty
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$18,250,000
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Listed by Dora Puig, Luxe Living Realty
Map & Location
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Recent Sales
Recently sold homes in ZIP 33109
These are the last 6 recorded closings in ZIP 33109, with the price each home actually sold for rather than what it was listed at. They closed at a median of $1,953 per square foot. The most recent closed on September 25, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$17,000,000
Sold · September 25, 2026
6800 Fisher Island Drive 6811
4 bed · 4.5 bath · 4,231 sqft · $4,018/sqft
$4,500,000 under the asking price
Sold$3,800,000
Sold · July 22, 2026
2245 Fisher Island Drive 3405
2 bed · 2.5 bath · 1,912 sqft · $1,987/sqft
$350,000 under the asking price
Sold$3,216,000
Sold · June 30, 2026
2042 Fisher Island Drive 2042
2 bed · 2.5 bath · 1,912 sqft · $1,682/sqft
$734,000 under the asking price
Sold$3,603,500
Sold · June 30, 2026
2225 Fisher Island Drive 3205
2 bed · 2.5 bath · 1,912 sqft · $1,885/sqft
$376,500 under the asking price
Sold$7,400,000
Sold · May 28, 2026
5233 Fisher Island Drive 5233
4 bed · 4.5 bath · 3,790 sqft · $1,953/sqft
$2,000,000 under the asking price
Sold$3,000,000
Sold · May 19, 2026
19236 Fisher Island Drive 19236
3 bed · 3 bath · 2,049 sqft · $1,464/sqft
$490,000 under the asking price
See every recorded sale in ZIP 33109 or find out what your ZIP 33109 home is worth.
