Cays Realty
2425 Fisher Island Dr 5205, Miami Beach, FL 33109 — MLS photo

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2425 Fisher Island Dr 5205, Miami Beach, FL 33109

Active · Condominium

$3,790,000

2425 Fisher Island Dr 5205, Miami Beach, FL 33109

Beds
2
Baths
3
Living area
1,912 sq ft
$ / sq ft
$1,982/sq ft
Year built
1986
Lot size
—
HOA fee
$16,124 Quarterly
Annual tax
$10,595

About this property

Live the Fisher Island lifestyle in this renovated Bayside Village condo on Fisher Island! This residence showcases 2 bedrooms + 2.5 baths, offering breathtaking views of the Miami downtown skyline, Virginia Key, and Biscayne Bay. Features include 1,912 sq ft interior, an open layout with an updated gourmet kitchen, granite countertops serving as the centerpiece for sophisticated gatherings, a primary suite with a walk-in closet, updated bathrooms, California closets, marble and tile floors that flow elegantly throughout. Visit this exceptional unit where tranquil bayside serenity meets the vibrant energy of the city, only moments away. Unit also available for rent.

Property location

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2425 Fisher Island Dr 5205, Miami Beach, FL 33109

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,912 sq ft
Flooring
Marble, Tile
Appliances
Built In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Built In Features, Bedroom On Main Level, Breakfast Area, Closet Cabinetry, Dual Sinks, Entrance Foyer, French Doors Atrium Doors, Living Dining Room, Separate Shower, Walk In Closets
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
1986
Stories
5
Architectural style
Spanish Mediterranean
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony
Waterfront
Bayfront, Ocean Access, Seawall
View
Bay, Skyline, Water

Parking

Garage spaces
2
Covered spaces
2
Parking features
Attached Carport, Assigned, Covered, Detached, Garage, Golf Cart Garage

HOA, Community & Financials

Association fee
$16,124 Quarterly
Fee inclusions
Association Management, Common Areas, Cable Tv, Insurance, Internet, Maintenance Grounds, Maintenance Structure, Pest Control, Pools, Sewer, Trash, Water
Amenities
Basketball Court, Marina, Other, Pier, Pickleball, Pool, Spa Hot Tub, Tennis Courts, Trails, Transportation Service, Elevators
Security
Security Guard, Fire Sprinkler System, Smoke Detectors
Pets allowed
Conditional, Yes
Annual tax
$10,595
Subdivision
BAYSIDE VILLAGE CONDO
County
Miami-Dade
Days on market
55
MLS listing ID
A12023467
Listing status
Active

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

Estimated monthly cash flow

-$13,958

Cap rate
1.3%
Net yield
1.3%
Cash-on-cash return
-15.8%
Gross yield
4.4%
Mortgage payment
$17,967/mo
Down payment
$947,500
Loan amount
$2,842,500
Annual NOI
$48,106

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