5222 Fisher Island Dr 5222, Fisher Island, FL 33109 — MLS photo

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5222 Fisher Island Dr 5222, Fisher Island, FL 33109

Active · Condominium

$5,900,000

5222 Fisher Island Dr 5222, Fisher Island, FL 33109

Beds
2
Baths
3
Living area
1,950 sq ft
$ / sq ft
$3,026/sq ft
Year built
1992
Lot size
—
HOA fee
$13,345
Annual tax
—

About this property

Rare Bayview waterfront unit on exclusive Fisher Island with sweeping, unobstructed views of Biscayne Bay and Miami skyline. Extensively renovated with exceptional craftsmanship, this 2 bedroom, 2.5 baths plus a den/office/gym. Residence has deep double oversized terraces totaling over 1,280 sqft, with rear terrace featuring unobstructed panoramic waterfront views with its western exposure. Unit has over 1,950 square feet of interior living space and features top-of-the-line finishes and appliances. The residence also offers the opportunity to expand the interior living space by up to an additional 622 square feet, with association approval. Features include: Custom Italian built-in closets, striking marble counter tops, venetian plaster, impact resistant hurricane sliding glass windows and doors. Premium Appliances: Liebherr refrigerator, freezer, and wine refrigerator, Wolf electric cooktop and microwave, Miele smart oven, Bosch dishwasher, Stiebel tankless hot water heater and UniFi high-speed router. Top of the line Sony large screen TV's throughout. Large private storage room 147 Sqft. Two garaged parking spaces and two golf cart spaces.

Property location

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5222 Fisher Island Dr 5222, Fisher Island, FL 33109

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,950 sq ft

Exterior & Structure

Property type
Condominium
Year built
1992

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$13,345
County
Miami-Dade
MLS listing ID
A11978123
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

-$36,336

Cap rate
-1.7%
Net yield
-1.7%
Cash-on-cash return
-26.4%
Gross yield
4.0%
Mortgage payment
$27,969/mo
Down payment
$1,475,000
Loan amount
$4,425,000
Annual NOI
-$100,402

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