1004 Fisher Island Drive, Miami Beach FL 33109 | Miami-Dade County | A11929626
- $42,000,000
- $42,000,000
Description
LAST OPPORTUNITY TO CUSTOMIZE INTERIOR FINISHES AND DESIGN EXTERIOR SPACES IN YOUR OWN FISHER ISLAND MANSION! As the centerpiece of Fisher Island’s exclusive single-family estate enclave, this rare offering empowers a purchaser to develop a Custom Estate exceeding 10,000 SF, designed to their exact specifications and lifestyle. A legacy investment and an extraordinary statement of prestige, this opportunity invites the development of an architectural masterpiece in South Florida’s most illustrious zip code.
Positioned within the most coveted private island in the United States, this exceptional 15,949 square foot LOT presents an unrivaled canvas for the creation of a world-class trophy estate. Residents of The Mansions On Fisher Island command an address synonymous with privilege, privacy, and incomparable luxury, surrounded by uninterrupted vistas of sparkling waterfront, emerald fairways, and the iconic Miami skyline.
Property Overview
This is a 8-bedroom, 11-bath home of about 11428 square feet at 1004 Fisher Island Drive, Miami Beach FL 33109 (Miami Beach 33109), listed at $42,000,000.
Monthly Costs, Stated Plainly
The monthly HOA fee is $4,151.
The tax of record is $102,944 (2025). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $840,000/yr (≈ $70,000/mo); with the homestead exemption on a primary residence, about $839,000/yr (≈ $69,917/mo). Confirm with the Miami-Dade Property Appraiser and a tax professional — these are estimates, not quotes.
Frequently Asked Questions
What is the list price, and what typically conveys with a home like this?
The list price is $42,000,000. The home is offered unfurnished; fixtures and built-in appliances generally convey. The property includes a private, in-ground pool.
Community amenities are subject to HOA governance and do not convey with the title. For a precise inventory of what is included and to verify on-site amenities, contact Christopher Lazaro, Miami Beach Real Estate Broker Associate.
Where exactly is it, and what should I know about the location?
The property is located at 1004 Fisher Island Drive in Miami Beach, Florida, 33109. This places it within Miami Beach’s exclusive coastal corridor.
For a detailed discussion of the location's specific attributes and available verification, you should contact Christopher Lazaro, Miami Beach Real Estate Broker Associate.
What are the HOA / association fees, and what do they cover?
The monthly HOA assessment of $4,151 covers water, sewer, trash collection, and common-area upkeep; you can request the full maintenance schedule for details. As with all communities in the city, the property is governed by Miami Beach ordinances.
For complete verification of all fees and governing documents, contact Christopher Lazaro, Miami Beach Real Estate Broker Associate.
What are the property taxes and homestead implications?
The tax of record is $102,944 (2025). Florida reassesses upon sale, so as an estimate only, at the list price of $42,000,000 and a Miami-Dade rate near 2.0%, the new annual property tax could be approximately $840,000 without a homestead exemption. The homestead exemption, which lowers taxable value for a primary residence, would yield an estimated annual tax of about $839,000.
These are estimates, not quotes; confirm exact figures with the Miami-Dade Property Appraiser and a tax professional. For precise verification and advisory, contact Christopher Lazaro, Miami Beach Real Estate Broker Associate.
Is the home in a flood zone, and what does that mean?
The property at 1004 Fisher Island Drive is located in a FEMA-designated flood zone. You can View the FEMA flood map for this address and review FEMA definitions for specific risk categories.
Properties in high-risk zones often require flood insurance as a condition for a mortgage. For a precise assessment of this factor and its implications for your purchase, contact Christopher Lazaro, Miami Beach Real Estate Broker Associate, to verify the current details.
Are pets allowed?
This is a single-family home. There is no condo or HOA board to establish a pet policy, so the matter is at the owner's discretion, subject to local ordinances and any applicable lease terms.
Documented service animals and emotional support animals are protected under separate federal housing laws. For definitive verification on this property at 1004 Fisher Island Drive, please contact Christopher Lazaro, Miami Beach Real Estate Broker Associate.
How is the price set and is there room to negotiate?
The list price is anchored by a comparative market analysis of recent sales in the Fisher Island and Miami Beach vicinity. Current market conditions inform the negotiation posture: Miami-Dade single-family homes have recently been closing at 95% of original list, around 41 days to contract (MIAMI REALTORS®, May 2026).
I can provide a detailed Miami Beach-specific CMA to establish a data-driven offer strategy. To verify this analysis and discuss the property's position, reach out directly to Christopher Lazaro, Miami Beach Real Estate Broker Associate.
What financing step do you recommend before touring?
Before touring, I recommend securing a pre-approval from a Florida Licensed Mortgage Loan Officer. This clarifies your position relative to the $42,000,000 list price.
For the next step, contact Christopher Lazaro, Miami Beach Real Estate Broker Associate, to verify your financing and coordinate a viewing of 1004 Fisher Island Drive.
Monthly Fees & Carrying Costs
| Association Fee | $12,452 / quarter ($4,151/mo) |
| Total Monthly Fees | $4,151 / month |
- Membership Required: No
Have a question about this Miami Beach listing?
Talk directly with Christopher Lazaro, your Miami Beach real estate advisor. No pressure — real answers.
Address
Open on Google Maps-
Address: Fisher Island Drive
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City: Miami Beach
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State/county: Miami-Dade County
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Zip/Postal Code: 33109
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Area: The Mansions on Fisher, The Mansions
Details
Updated on August 21, 2026 at 11:45 am-
Property ID A11929626
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Price $42,000,000
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Property Size 11428 Sq Ft
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Bedrooms 8
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Room 0
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Bathrooms 11
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Garages 5
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Year Built 2006
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Type Single Family Residence
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Property Status Active, Residential
Additional details
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Flooring Marble, Other, Wood
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Waterfront Features Ocean Access, Intracoastal Front
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Bedroom Features At Least 1 Bedroom Ground Level, Primary Bath Shower, Primary Bath Tub, Primary Bedroom Upstairs
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Cooling Central Air, Electric
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Association Type Homeowners
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Building The Mansions on Fisher
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Association Fee Frequency Quarterly
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Area The Mansions On Fisher
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Annual Tax 102944
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Association Yes
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Private Pool No
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Listing Terms All Cash, Conventional
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Waterfront Yes
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Full Bathrooms 10
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Subdivision The Mansions on Fisher,The Mansions
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Restrictions Assoc Approval Required
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Parking Driveway, Golf Cart Parking, Paver Block
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Heating Central, Electric
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Structure Type House
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Tax Year 2025
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Construction Concrete Block Construction
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Covered Spaces 5
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Frontage Bay
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View Bay, Golf Course
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Year Built Details Under Construction
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Inclusions Other
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Half Bathrooms 2
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Flood Zone AE
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Patio / Porch Open Balcony, Open Porch
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New Construction No
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Garage Spaces 5
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Style WF/Pool/Ocean Access
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Association Fee 12452
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Lot Size (Sq Ft) 15670
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Membership Purchase Required No
Features
- Bar
- Built-In Grill
- Den/Library/Office
- Dishwasher
- Dryer
- Electric Range
- Elevator
- Entrance Foyer
- Family Room
- Fire Sprinklers
- First Floor Entry
- Great Room
- Has a View
- Has Cooling System
- Has Garage
- Has Heating System
- Has Waterfront
- Home Owners Association
- Media Room
- Open Balcony
- Open Parking
- Pantry
- Refrigerator
- Utility Room/Laundry
- Walk-In Closet(s)
- Washer
- Wet Bar
Mortgage Calculator
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Loan Amount
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