5053 Fisher Island Dr # 5053, Miami Beach FL 33109 | Miami-Dade County | A11882582
  • $8,750,000

Description

Live the Fisher Island lifestyle in this completely renovated Bayview MASTERPIECE showcasing 3 bedrooms and 3.5 baths, NOW FULLY FURNISHED! It encompasses 3,028 sq ft of elegantly designed interior. Features include: a gourmet kitchen with top-of-the-line appliances, marble floors throughout, built-in TV in living room, custom-designed bathrooms, closets and bar, upscale lighting, impact glass doors, Smart Home system, unobstructed SW views, flow through unit, terraces on all bedrooms and many more improvements. Indulge yourself with breathtaking views of the Miami Downtown Skyline, Virginia Key, Biscayne Bay and Miami Beach from it’s expansive terraces that are perfect for entertaining. Visit this exceptional condo!

Property Overview

This is a 3-bedroom, 3.5-bath home of about 3028 square feet at 5053 Fisher Island Dr # 5053, Miami Beach FL 33109 (Miami Beach 33109), listed at $8,750,000.

Monthly Costs, Stated Plainly

The monthly HOA fee is $5,375.

The tax of record is $47,457 (2024). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $175,000/yr (≈ $14,583/mo); with the homestead exemption on a primary residence, about $174,000/yr (≈ $14,500/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 for 5053 Fisher Island Dr # 5053, Miami Beach FL 33109, is $8,750,000. This property is listed as Furnished, meaning it comes with the existing furniture. Generally, fixtures and built-in appliances convey with the home. However, it's essential to distinguish between what conveys with the property and the shared community amenities, which include a bar, basketball court, bike/jog path, boat dock, elevator(s), storage, golf course, handball/basketball court, marina, pickleball court, tennis court(s), and trash chute. The private pool on record is a notable feature that conveys with the home.

To verify the specifics of what conveys with this property and to discuss how the community amenities may impact your ownership experience, reach out to Christopher Lazaro, Miami Beach Real Estate Expert, to schedule a consultation and review the details of this listing. You may contact him to arrange a viewing or to request more information about this property and its amenities. Alternatively, you can also inquire about the process of purchasing a property like 5053 Fisher Island Dr # 5053 and what to expect from the transaction. Christopher Lazaro can provide you with the guidance you need to navigate this complex process.

Where exactly is it, and what should I know about the location?

The property at 5053 Fisher Island Dr # 5053 is located in Miami Beach, FL 33109. This address is situated on a coastal corridor, providing a unique setting. The property itself is a 3 bedroom, 3.5 bathroom residence, spanning approximately 3028 square feet, and is listed at $8,750,000. To verify the details of this listing and learn more about the surrounding area, consider reaching out to Christopher Lazaro, Miami Beach Real Estate Expert, to schedule a consultation or viewing. You can contact him to confirm the property's features and discuss how it aligns with your needs.

What are the HOA / association fees, and what do they cover?

The monthly HOA fee for 5053 Fisher Island Dr # 5053 is $5,375. According to the record, this fee covers a range of services and amenities, including All Amenities, Building Exterior, Cable Tv, Common Area, Insurance, Internet/WiFi, Landscaping/Lawn Maintenance, Manager, Outside Maintenance, Parking, Pest Control Interior, Pool Service, Roof Repairs, Sewer, Trash Removal, and Water. As the community is subject to city ordinances, buyers should familiarize themselves with the relevant regulations, which can be found in the Miami Beach municipal code.

To verify the details of the HOA fee and its coverage, as well as to inquire about the listing at $8,750,000 for this 3bd/3.5ba ~3028 sqft property, buyers should contact Christopher Lazaro, Miami Beach Real Estate Expert, to discuss their specific needs and concerns.

What are the property taxes and homestead implications?

The property taxes for 5053 Fisher Island Dr # 5053, listed at $8,750,000, can be estimated in two ways. The tax of record is $47,457 (2024), but as an ESTIMATE ONLY, considering Florida reassesses at sale and a Miami-Dade rate near 2.0%, the annual tax would be about $175,000/yr (≈ $14,583/mo) without homestead, and about $174,000/yr (≈ $14,500/mo) with the homestead exemption, which lowers taxable value only for a primary residence. These are estimates, not quotes, and buyers should confirm with the Miami-Dade Property Appraiser and a tax professional.

To verify these ESTIMATES and understand how they apply to your specific situation, reach out to Christopher Lazaro, Miami Beach Real Estate Expert, who can provide guidance on the homestead exemption and help you navigate the property tax implications of purchasing this $8,750,000, 3bd/3.5ba, ~3028 sqft property at 5053 Fisher Island Dr # 5053, Miami Beach, FL 33109. Contact him to discuss your options and get accurate information tailored to your needs.

Is the home in a flood zone, and what does that mean?

The property at 5053 Fisher Island Dr # 5053, Miami Beach FL 33109, listed at $8,750,000, is located in a area that buyers should investigate for flood risk. Flood zones are areas that the Federal Emergency Management Agency (FEMA) has identified as being at risk for flooding, which can be caused by heavy rainfall, storm surges, or other factors. For more information on flood zones, visit the FEMA definitions page, and to see the specific flood risk for this property, View the FEMA flood map for this address. Lenders often require flood insurance for properties located in high-risk flood zones, which can impact the cost of owning the property.

To verify the flood risk and potential insurance requirements for this $8,750,000 property, buyers should contact Christopher Lazaro, Miami Beach Real Estate Expert, who can provide guidance on the purchase process and help buyers make an informed decision about this 3bd/3.5ba ~3028 sqft home.

Are pets allowed?

As a single-family home, the property at 5053 Fisher Island Dr # 5053, listed at $8,750,000, allows pets at the owner's discretion, subject to city and county ordinances, as well as any lease that may be in place. This means that the decision to permit pets is made by the property owner, without the influence of a governing board. Documented service animals and ESAs carry separate federal protections. To confirm the specifics of this property and discuss your individual needs, contact Christopher Lazaro, Miami Beach Real Estate Expert, to schedule a consultation and verify the details of this 3bd/3.5ba, ~3028 sqft residence. Reach out to Christopher Lazaro to arrange a viewing and determine if this property is the right fit for you and your family, including any pets.

How is the price set and is there room to negotiate?

Miami-Dade single-family homes have recently been closing at 95% of original list, around 41 days to contract, according to MIAMI REALTORS®, May 2026. This market data provides a general indication of the negotiability of prices in the area. However, the specific price of 5053 Fisher Island Dr # 5053, listed at $8,750,000, may be influenced by factors such as the building's amenities, the unit's condition, and the vicinity's desirability. A more detailed analysis of the property's value can be obtained through a Comparative Market Analysis (CMA) specific to Miami Beach, which would take into account recent sales of similar properties in the area.

To get a better understanding of the property's value and to determine a fair offer price, it is recommended that you obtain a Miami Beach-specific CMA. To verify the details of this property and to discuss your options, reach out to Christopher Lazaro, Miami Beach Real Estate Expert, who can provide you with a comprehensive analysis and guide you through the negotiation process to ensure you make an informed decision. Contact Christopher Lazaro to schedule a consultation and review the property's details before setting an offer.

What financing step do you recommend before touring?

To ensure a smooth process, I recommend getting pre-approved for a mortgage before touring properties like 5053 Fisher Island Dr # 5053, listed at $8,750,000. This step can save time and provide clarity on your budget. Consult a Florida Licensed Mortgage Loan Originator, such as those found at https://Get-PreApproved.com, to discuss your options. Pre-approval will give you a clear understanding of your financial situation and allow you to make a stronger offer when you find the right property.

Once you have your pre-approval in place, reach out to Christopher Lazaro, Miami Beach Real Estate Expert, to verify the details of this property and schedule a tour, or to explore other options that fit your needs and budget, contact him directly to get started.

Monthly Fees & Carrying Costs

Association Fee $16,124 / quarter ($5,375/mo)
Condo Maintenance Fee $5,019 / month
Total Monthly Fees $10,394 / month

Fees with a non-monthly frequency are converted to a monthly equivalent in the total.

  • Membership Required: No
  • Application Fee: $150 (one-time)

Have a question about this Miami Beach listing?

Talk directly with Christopher Lazaro, your Miami Beach real estate advisor. No pressure — real answers.

  • Address: Fisher Island Dr
  • City: Miami Beach
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33109
  • Area: 5000 BAYVIEW AT FISHER IS, FISHER ISLAND

Details

Updated on September 21, 2026 at 11:33 am
  • Property ID A11882582
  • Price $8,750,000
  • Property Size 3028 Sq Ft
  • Bedrooms 3
  • Room 0
  • Bathrooms 3.5
  • Garages 2
  • Year Built 2001
  • Type Condominium
  • Property Status Active, Residential

Additional details

  • View Bay, Skyline, Water View
  • Cooling Central Air, Electric
  • Heating Central, Electric
  • Tax Year 2024
  • Flooring Marble
  • Unit Floor 5
  • High School Miami Beach
  • Inclusions Community Boat Dock,Community Boat Ramp,Dock Available,Private Dock
  • Unit Number 5053
  • Building BAYVIEW AT FISHER ISLAND
  • Frontage Bay
  • Garage Spaces 2
  • Listing Terms All Cash
  • Area 5000 Bayview At Fisher Is
  • Total Stories 6
  • Waterfront Yes
  • Association Yes
  • Full Bathrooms 3
  • Half Bathrooms 1
  • Covered Spaces 55
  • Style Co-Op 5+ Stories
  • Private Pool Yes
  • Structure Type Co-Op 5+ Stories, Condo
  • Association Fee 16124
  • Parking Assigned, Covered, Golf Cart Parking, Limited # Of Vehicle
  • Subdivision 5000 BAYVIEW AT FISHER IS,FISHER ISLAND
  • Annual Tax 47457
  • Elementary School South Pointe
  • Year Built Details Resale
  • Building Area 3028
  • Lot Size (Sq Ft) 0
  • Flood Zone AE
  • New Construction No
  • Waterfront Features Ocean Access, Ocean Front, Seawall
  • Bedroom Features Primary Bath Shower, Primary Bath Tub
  • Restrictions Exterior Alterations, Ok To Lease
  • Middle School Nautilus
  • Construction CBS Construction
  • Pets Allowed Yes
  • Patio / Porch Open Balcony
  • Association Fee Frequency Quarterly
  • Maintenance Fee Paid Per Monthly
  • Association Type Condo, Homeowners
  • Membership Purchase Required No

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