Condo in 5242 Fisher Island Drive 5242, Miami Beach, FL 33109 for sale with MLS# A11659114

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

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5242 Fisher Island Drive 5242, Miami Beach, FL 33109

Price
Price:
$18,250,000.00
Original List Price:
$22,400,000.00
List Price per Sq Ft (Calculated, Approx.):
$2,982.02
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
Price Reduced
Last Major Update on:
August 6, 2026 4:46 pm
Rooms Distribution
Bedrooms:
5
Bathrooms Total:
6
Full Bath:
5
Half Bath:
1
Master Bedroom Bath:
Separate Shower, Dual Sinks, Separate Tub, Bedroom On Entry Level
Dining Area:
Formal Dining, Breakfast Area
Measures
Living Area:
6,120 Sqft
Built-Up Area:
6,120 Sqft
Property Features
View from the Property:
Water, Bay
Waterfront:
Yes
Waterfront Features:
Bayfront, No Fixed Bridge
Swimming Pool Features:
Private
Security:
Security Guard, Security Patrol
Furnished:
Furnished
Appliances:
Dryer, Dishwasher, Microwave, Refrigerator, Electric Range, Oven
Interior:
Walk-In Closet(s), Closet Cabinetry
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Boat and Dock Features:
Ramp
Storm Protection Impact Glass:
Partial
Construction
Year Built:
1992
Architectural Style:
Old Spanish
Levels:
Two
Construction Materials:
CBS
Flooring:
Wood, Marble
Number of stories:
10
Flood Zone Code:
AE
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$132,654.00
Tax Year:
2023
Association Fee:
$13,345.00
Association Fee Frequency:
Quarterly
Parking
Garage
Garage Spaces:
2
Covered Spaces:
2
Community
Association
Membership Details:
Golf Equity Available
Special Assessment
Membership Fee Amount:
$500,000.00
Application Required
Application Fee:
$150.00
Application Information:
3-4 Weeks Approval
Association Type:
Condominium
Pets Allowed?:
Yes, Pet Restrictions Possible
Lease Number Times per Year Allowed:
1
Amenities Provided by the Homeowner's Association (HOA):
Pool, Sauna, Spa/hot Tub, Private Beach Pavilion, Bar, Fishing Pier, Playground, Management, Maintenance, Storage, Elevator(s), Tennis Court(s), Basketball Court
Subdivision Name:
BAYVIEW
Association Fee Includes:
Maintenance Grounds, Water, Common Areas, Elevator
Senior Community:
Yes
Restrictions:
Other Restrictions
Minimum Days per Lease:
365
Community Dock
Leasing Permitted
Leasing Permitted Details:
Okay To Lease
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable
Zoning and Legal
Tax Legal Description:
BAYVIEW FISHER ISL CONDO NO THREE UNIT 5242 UNDIV 3.87 % INT IN COMMON ELEMENTS OFF REC 15499-2769 OR 18831-2427 1099 6
Real Estate Folio Number (Parcel Number):
3042090140100
Public Schools Assigned
Elementary School:
Dwight D. Eisenhower K-8
High School:
Miami Beach
Middle Or Junior School:
Miami Beach Nautilus
Listing History
Active on the market since:
October 1, 2024
Listing Agreement executed on:
October 1, 2024
Price change occurred on:
August 6, 2026 4:46 pm
Listing Status Last Changed On:
October 1, 2024 1:34 pm
Photos updated on:
August 25, 2026 7:54 pm
Last Modified:
August 25, 2026 7:54 pm
Additional Information
Courtesy of:
Luxe Living Realty
Attribution:
Not provided
Location
Floor Number:
4
Street Name:
Fisher Island
Street Number:
5242
Unit Number:
5242
City:
Miami Beach
State:
Florida
Zip Code:
33109
County:
Miami-Dade
Latitude:
N25° 45' 45.7''
Longitude:
W81° 51' 5.8''
Street Suffix:
Drive
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $250,001
Median Home Value $2,000,001
Median Rent N/A/mo
Median Age 57
Population 893

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 35 Good
☀️ O3 35 Good
🫁 PM2.5 35 Good
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Ver la Propiedad Ver la propiedad 5242 Fisher Island Drive 5242, Miami Beach, FL 33109
Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.