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Fisher Island Condos: Real Estate Market Report – March 2011

April 5, 2011 by  

fisher island luxury condos

There are currently 117 Fisher Island Condos for sale: (same as 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: 3 (2 less than last month)
  • Closed sales in March : 2  (same as last month)

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

  • Oceanside Fisher Island– 7755 Fisher Island Dr – listed for $3,900,000 and selling for $3,100,000
  • Bayside Village – 2212 Fisher Island Dr #3102– listed for $988,000 and selling for $840,000

Fisher Island Condos are moving very slowly, but the good news is that only 9% of the inventory is distressed!!  This should be quite a relief not only for the residents and vacation owners of Fisher Island condos, but also to the The Fisher Island Hotel that was starting to get a bad rap for its hotel program because there was distressed inventory in the island!!  Soon enough that will be old news and Fisher Island will start getting its great reputation back.

**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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