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Fisher Island Condos: Real Estate Market Report – February 2011

March 1, 2011 by  

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There are currently 117 Fisher Island Condos for sale: (10 Less than last month)

  • Highest priced listing: $30,000,000 for an exclusive Oceanside 5/5.5 home with artwork and all!
  • Lowest priced listing: $180,000 for a one bedroom at Marina Village No2 (short sale)
  • Pending Sales: 5 (2 more than last month)
  • Closed sales in February : 2  (2 less than last month)

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

  • 7400 Oceanside– 7464 Fisher Island Dr – listed for $2,990,000 and selling for $3,025,000
  • Bayside Village – 2312 Fisher Island Dr #4102– listed for $785,000 and selling for $705,000

Fisher Island Condo sales have been slow and with huge disparities – with multi-million dollar properties as well as lower end properties selling.  Yes, there are lower end condos inside Fisher Island, but that’s only price….the lifestyle is still there and it remains exclusive and very desirable.  The lower price sales represent second and third homes for the purpose of vacation destinations.

**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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