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Fisher Island Condos: Real Estate Market Report – April 2011

April 30, 2011 by  

Fisher Island Florida Condos

There are currently 120 Fisher Island Condos for sale: (3 more than last month)

  • Highest priced listing: $30,000,000 for an exclusive Oceanside 5/5.5 home with artwork and all!
  • Lowest priced listing: $134,500 for a studio at Marina Village Gardens (short sale)
  • Pending Sales: 5 (2 more than last month)
  • Closed sales in April : 2  (same as last month)

The 2 Fisher Island Condos sold in April were the following:

  • Oceanside Fisher Island– 8022 Fisher Island Dr – listed for $2,200,000 and selling for $1,999,000
  • Bayside Village – 2021 Fisher Island Dr #2021– listed for $1,195,000 and selling for $900,000

13% of the current Fisher Island Condo inventory is distressed (short sales and foreclosures).  Although this number may be low for the common Miami and Miami Beach neighborhood, it’s unheard of for Fisher Island, one of the nation’s most expensive zip codes according to Forbes.com in years past.  This is great for second home owners that love fisher island for the amenities, but only need a small pie-a-terre for occasional weekends, but not so great for residents who just want normalcy on the island.

**all information obtained from the SouthEast Florida Multiple Listing Service**

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Contact Us

Enrique Garcia & Ines Hegedus-Garcia
35 NE 40th Street
Design District
Miami, FL 33137
P: 305.758.2323
F: 305.758.2324
E: info [at] miamism [dot] com

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