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Beaches Multiple Listing ServiceNational Association of RealtorsEqual Housing Opportunity

Listing data: BeachesMLS. Information not verified for authenticity or accuracy and not guaranteed; may not reflect all real estate activity in the market. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User.

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  4. 5242 Fisher Island Drive 5242, Miami Beach, FL 33109

Miami Beach · FL

5242 Fisher Island Drive 5242, Miami Beach, FL 33109

Miami Beach, FL 33109

Status: ActiveHouse · Condominium6,120 sqftBuilt in: 1992DOM: 708Original Listing Price: $22,400,000HOA: $13,345 / QuarterlyGarage: 255+HOPA

Price

$18,250,000

▼ $4,150,000(19%)

Price per sqft: $3,088/sqft

5

Bedrooms

6

Baths

6,120

SqFt

Active
5242 Fisher Island Drive 5242, Miami Beach, FL 33109

MLS® ID: A11659114

About this home in Miami Beach

A rare offering, this premium 5-bedroom waterfront Condominium with 6 baths nestled in Miami Beach, FL, presenting 6,120 sq ft of comfortable living area. Total building area is 6,120 sq ft. The home features Old Spanish architecture with CBS construction. Views include Water and Bay. On the water, the property offers No Fixed Bridge and Bayfront. The private pool includes Private. Set in Bayview, residents enjoy Basketball Court, Elevator(s), Management, Playground, Pool, and Sauna. On the security side, the community provides Security Guard and Security Patrol. The interior showcases Walk-In Closet(s) and Closet Cabinetry. Floors are finished in Marble and Wood. The home is served by Central Air cooling and Central heating. Currently active on the market; within a 55+ community; offered furnished; pets allowed; 721 days on market. The seller's current annual tax bill is roughly $132,654. Listed at $18,250,000 (~$2,982/sqft) — recently reduced from $22,400,000. Financing options include Cash and Conventional. An HOA fee of $13,345/quarter keeps upkeep hands-off, covering Maintenance Grounds, Water, Common Areas, and Elevator.

5

Bedrooms

6

Baths

6,120

SqFt

House

Type

Explore more

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Listing courtesy of Luxe Living Realty. Information is deemed reliable but not guaranteed. © BeachesMLS.

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▲37.6% above market
+37.6%

This listing: $2982/sqft · Area median: $2168/sqft

Based on 12 recent sales in Miami Beach (last 90 days)

Est. payment

$123,525/mo

Principal & interest
$92,282
Property taxes
$11,055
Home insurance
$6,844
HOA fees
$13,345

Utilities not included

Calculations are estimates only and not a loan commitment. Taxes, insurance, rates and APR may vary. Final approval depends on lender review.

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