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Fisher Island Condos – Real Estate Market Report – July 2012

August 4, 2012 by  

There are currently 92 Fisher Island Condos for sale: (1 less than last month)

  • Highest priced listing: $14,000,000 for an exclusive Oceanside 6/6/1
  • Lowest priced listing: $93,200 for a foreclosed studio at Marina Village
  • Pending Sales: 3 (same as last month)
  • Closed sales in July: 2 (5 less than last month)

The 2 Fisher Island Condos sold in July were:

  • Villa del Mar – 7221 Fisher Island Dr – unit 7221 – listed for $3,200,000 and selling for $2,000.000
  • Bayview Fisher Island – 5324 Fisher Island Dr – unit 5324 – listed for $710,000 and selling for  $750,000.

The median listing price in Fisher Island is still $2.5 Million.  Distressed properties  make up less than 8% of current for sale inventory, and this is beginning to decrease. The beauty of Fisher Island is that there a diversity of property types to fit every budget.  If you are looking for privacy and exclusivity, you can still purchase a 1 bedroom condo-hotel at Seaside Villas or Marina Village for under $500,000, a spacious 2 bedroom for under $1 Million or go to the ocean side for above $2 Million.  The security and private ferry are priceless for residents and vacation home owners who like the distinctive lifestyle.

**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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