7124 Fisher Island Dr 7124, Miami Beach, FL 33109 — MLS photo

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7124 Fisher Island Dr 7124, Miami Beach, FL 33109

Active · Condominium

$10,900,000

7124 Fisher Island Dr 7124, Miami Beach, FL 33109

Beds
4
Baths
5
Living area
3,690 sq ft
$ / sq ft
$2,954/sq ft
Year built
2007
Lot size
—
HOA fee
$16,124
Annual tax
—

About this property

SOUTH-EAST CORNER RESIDENCE ON FISHER ISLAND WITH SWEEPING VIEWS OF MIAMI BEACH, GOVERNMENT CUT, AND THE OCEAN AT THE NEW FULL-SERVICE PALAZZO DEL MARE DESIGNED BY AGUSTO BUSNELLI! Private elevator foyer leads into this 4 bedroom + 4.5 bath residence spanning 3,690 SF of interior living space with elegant wood & white large glass porcelain floors & over 1,000 SF of wraparound terraces. Gourmet kitchen with breakfast area equipped with a Sub-Zero refrigerator & wine fridge, Miele dishwasher, Gaggenau 2 ovens, stovetop & coffee maker. Oversized LG Washer & Dryer. Primary Bedroom with sunrise & ocean views. Expansive marble master bath with Waterworks fixtures, double vanities, soaking jet tub, steam shower & 2 toilet rooms. Automated window treatments. 2 assigned parking spaces, golf cart + Valet. Situated within a Boutique 5 star service building with only 27 residences. Enjoy world-class brand new Italian designed amenities including a private heated swimming pool, aperitivo bar, state-of-the-art fitness center, spa, sauna, steam rooms & a media room. Live the Relaxed & Sophisticated Fisher Island Lifestyle on 216 Acres featuring World-Class 5-Star Amenities including The Fisher Island Club, Vanderbilt Mansion Clubhouse, Spa, Top-rated Private School, 8 Restaurants, Golf Course, Aviary, 2 Marinas, New Beach & Yacht Club, 1-Mile Long Private Beach, Racquet Club with 17 Grand Slam Courts, 4 Pickleball & Padel Courts, Town Center with an Island Gourmet Market.

Property location

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7124 Fisher Island Dr 7124, Miami Beach, FL 33109

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Facts & features

Interior

Bedrooms
4
Bathrooms
5
Living area
3,690 sq ft

Exterior & Structure

Property type
Condominium
Year built
2007

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$16,124
County
Miami-Dade
MLS listing ID
A11950234
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$58,457

Cap rate
-0.7%
Net yield
-0.7%
Cash-on-cash return
-23.0%
Gross yield
4.0%
Mortgage payment
$51,672/mo
Down payment
$2,725,000
Loan amount
$8,175,000
Annual NOI
-$81,424

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.