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Fisher Island Condos – Real Estate Market Report – June 2012

July 12, 2012 by  

There are currently 93 Fisher Island Condos for sale:

  • 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
  • Closed sales in June: 7

The 7 Fisher Island Condos sold in June were:

  • Palazzo Del Mar – 7100 Fisher Island Dr #7124 – listed for $4,000,000 and selling for $4,000,000.
  • Oceanside at Fisher Island – 7431 Fisher Island Dr #7431 – listed for $3,895,000 and selling for $3,650,000.
  • Seaside Condo – 19251 Fisher Island Dr #19251 – listed for $2,850,00 and selling for $2,350,000.
  • Bayview at Fisher Island – 4942 Fisher Island Dr #4942 – listed for $1,499,000 and selling for $1,100,000.
  • Bayside Village – 2026 Fisher Island Dr #2026 – foreclosure listed for $1,274,000 and selling for $1,280,000.
  • Bayview at Fisher Island – 4943 Fisher Island Dr #4943 – listed for $1,200,000 and selling for $1,205,000.
  • Seaside Condo – 19116 Fisher Island Dr #19116 – listed for $825,000 and selling for $950,000.

The median listing price in Fisher Island is still $2.475 Million.  Distressed properties continue to make up less than 10% of current for sale inventory, and this remains constant in the past few months. The lower end listings in Fisher Island (with are just below and above $1 million, are selling above listing price).  Fisher Island continues to fill the gap of exclusivity and privacy when it comes to Miami Beach real estate and prices reflect that.

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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
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