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$22,400,000

Beds
5
Baths
5.5
sq ft
6,120

5242 Fisher Island Dr Unit 5242, Miami Beach, FL 33109

5242 Fisher Island Dr Unit 5242

Miami Beach, FL 33109

  • 83 days on market
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

Details

Property type

Condominium

Est. home value

$9,772,304

Lot size

Unknown

Price per sq ft

$3,661

Year built

1992

Annual property taxes

$132,654

Monthly HOA fee

$4,448.33

Price History

10/01/2024
SEF

SEF #A11659114

Listed
$22,400,000
-3.86%
06/21/2024
SEF

SEF #A11474002

Removed
$23,300,000
04/18/2024
SEF

SEF #A11474002

Price change
$23,300,000
-7.17%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Senior community center: 

Yes

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Ingresse Ingressos Para Eventos Sa

Loan start date

June 2023

Original loan amount

$3,500,000

Est. remaining balance

Not provided

Interest rate

6.43%

Loan type

Commercial

Seller

John Clough Abbott and John Clough Abbott Trust

Lender

Ingresse Ingressos Para Eventos Sa

Loan start date

June 2023

Original loan amount

$3,500,000

Est. remaining balance

Not provided

Interest rate

6.43%

Loan type

Commercial

Seller

John Clough Abbott and John Clough Abbott Trust

Lender

Comerica Bank

Loan start date

May 2022

Original loan amount

$4,500,000

Est. remaining balance

Not provided

Interest rate

3.62%

Loan type

New Conventional, 30 year

Seller

John C Abbott and The John Clough Abbott Trust

Lender

Comerica Bank

Loan start date

May 2022

Original loan amount

$4,500,000

Est. remaining balance

Not provided

Interest rate

3.62%

Loan type

New Conventional, 30 year

Seller

John C Abbott and The John Clough Abbott Trust

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/23/2024 at 8:00 AM

Listing updated: 12/13/2024 at 4:05 PM

Listed by: Dora Puig, Luxe Living Realty Phone #: (305) 673-6787

MLS: SEF #A11659114

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