5242 Fisher Island Drive 5242, Miami Beach, FL 33109 (MLS# A11659114)

5242 Fisher Island Drive 5242, Miami Beach, FL 33109

$18,250,000

Property Type: Residential Bedrooms: 5 Baths: 6 Square Footage: 6,120 Status: Active

Current Price: $18,250,000 List Date: 10/01/2024 Last Modified: 9/09/2026

Overview

Description

THE EPITOME OF LUXE LIVING WITH BREATHTAKING MIAMI SKYLINE & OPEN BAY VIEWS THIS FISHER ISLAND RESIDENCE IS CURATED BY RENOWNED DESIGNER CARLA CANEPA! Turn-Key Home where every detail has been Crafted to Perfection w/Sierra Italian furnishings. Spacious 5-Bedrooms + Office, 5.5-Bath offers 6,120 SF of refined interior living space. Expansive terraces w/Sunset Views. Listone Giordano Italian Light Oak Wood Floors, Chef's Kitchen w/Double Premium Wolf Appliances. Bar area w/Polished Onyx Bar & Temp Controlled Wine Room. Powder Room in Blush Onyx. Expansive Primary Bedroom Suite w/separate Walk-In Closets & Primary Bath wrapped in Exotic Book-matched Slab Stone + Soaking Tub w/Matte Gold Dornbracht fixtures. Impact Glass Doors & Lutron & Sonos. AC Storage. 2 Parking Spaces + XLGolf Cart Space

Listing Details MLS# A11659114

General Property Information

Unit Floor #: 4
Property Sub Type: Condominium
Bedrooms Total: 5
Bathrooms Total: 6
Bathrooms Full: 5
Bathrooms Half: Yes
Building Area Main: 6120
Living Area Main: 6120
Adjusted Area Main: 6120
Year Built: 1992
Garage YN: Yes
Garage Spaces: 2
Covered Spaces: 2
Senior Community YN: Yes
Waterfront YN: Yes
Stories Total: 10
Furnished: Furnished

Property Features

Application Information: 3-4 Weeks Approval Association Amenities: Maintenance Association Fee Includes: Common Areas; Elevator; Maintenance Grounds; Water Dining Area: Breakfast Area; Formal Dining Flooring: Marble; Wood Leasing Permitted Details: Okay To Lease Property Condition: Resale Appliances: Dishwasher; Dryer; Electric Range; Microwave; Oven; Refrigerator Architectural Style: Old Spanish Boat and Dock Features: Ramp Construction Materials: CBS Cooling: Central Air Association Type: Condominium Heating: Central Interior Features: Closet Cabinetry; Walk-In Closet(s) Listing Terms: Cash; Conventional Membership: Golf Equity Available Pets Allowed YN: Yes Pets Allowed: Pet Restrictions Possible Pool Features: Private Possession: Negotiable Restrictions: Other Restrictions Security Features: Security Guard; Security Patrol View: Water Water Access: No Fixed Bridge Water View: Bay Waterfront Features: Bayfront Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent

Contract Information

Comp Sale YN: No
Original List Price: 22400000
Occupant Type: Call Listing Agent

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 5242
Street Name: Fisher Island
Street Suffix: Drive
Unit Number: 5242
City Name: Miami Beach
Municipal Code: 30
State Or Province: FL
Postal Code: 33109
Postal Code +4: 0267
Postal Zip: 33109
Subdivision Name: BAYVIEW
Area: 2420
Elementary School: Miami Beach South Pointe
Middle Or Junior School: Miami Beach Nautilus
High School: Miami Beach
Special Assessment YN: Yes
Parcel Number: 3042090140100
Subdivision Number: 14
Flood Zone: AE

Financial Information

Association YN: Yes
Association Fee: 13345
Association Fee Frequency: Quarterly
Application Required YN: Yes
Estimated Monthly Assoc Recurring Fee: 4449
Membership Fee Required YN: Yes
Membership Fee Amount: 500000
Tax Annual Amount: 132654
Tax Year: 2023
Tax Legal Description: BAYVIEW FISHER ISL CONDO NO THREE UNIT 5242 UNDIV 3.87 % INT IN COMMON ELEMENTS OFF REC 15499-2769 OR 18831-2427 1099 6

Status Change Information

Major Change Timestamp: 2026-08-06T16:46:30Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-08-06T16:46:30Z
Status Change Date: 2024-10-01

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 150

Leasing Permitted Details

Leasing Permitted YN: Yes

Parking Information

Open Parking Spaces: 2

Boat and Dock Information

Dock: Yes
Dock Details: Community Boat Dock, Community Boat Ramp

Leasing Restrictions

Leasing - Max Times Per Year: Yes
Leasing - Minimum Number of Days: 365

Storm Protection

Impact Glass: Partial

Price Calculations

Current Price To SqFt: 2982.02

Section Details

Parcel Number MLX: 0100

Originating Details

Originating System Key: 400886568
Originating System ID: M00000151

Listing Office: Luxe Living Realty

Last Updated: September - 09 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.