2421 FISHER ISLAND DR 5201, Miami-Dade County, FL 33109

Parcel: 3042090030380 · Residential · Condominium - Residential · Zoning: 8900

Assessed Value (2025)
$2,310,302

Property Details

Beds
3
Baths
3.5
Living Sqft
2,652
Year Built
1986
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$100non-market transfer
2010-08-26
RITA P TIPPETT TRSRITA P TIPPETT TRS
2
$900,000
2011-05-24
RITA P TIPPETT TRSASIA 1101 LLC

Tax Assessment History

$2,310,302
Assessed (2025)
$4,498,504
Market Value
$2,310,302
Taxable Value
$47,036
Annual Tax
2024
$2,100,275
$3,598,804
2025
$2,310,302
$4,498,504
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $2,310,302 $4,498,504 $2,310,302 $47,036
2024 $2,100,275 $3,598,804 $2,100,275 $42,760

About 2421 FISHER ISLAND DR 5201, Miami-Dade County, FL 33109

2421 FISHER ISLAND DR 5201, Miami-Dade County, FL 33109 is a 3-bedroom, 3.5-bathroom residential - total value : condominium - residential built in 1986 with 2,652 square feet of living space. The property is currently owned by ASIA 1101 LLC, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2011-05-24 for $900,000, when RITA P TIPPETT TRS sold to ASIA 1101 LLC. The property has appreciated $899,900 (899900%) since the prior sale of $100 on 2010-08-26. The 2025 assessed value is $2,310,302 with a market value of $4,498,504.

The assessed value increased 10% from $2,100,275 in 2024. This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain). Flood insurance is typically required by lenders for properties in this zone.

The median household income in this area is $87,115, and the median home value is $2,000,001. The population density is 7,330 people per square mile. The complete ownership history of this property spans from 2010 to 2011, with 2 recorded transactions in the public record.

The current assessed value represents 257% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $339 per square foot — a key metric for comparing value across the area's real estate market..

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$23,503 — $42,385
Flood $400 — $800
Property/Wind $23,103 — $41,585

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$87,115
Median Home Value$2,000,001
Pop. Density7,330/sq mi

Neighborhood 33109

18.5%
Owner-Occ
81.5%
Investor
33
Flips (4yr)
195
New Biz (3yr)
Distress Risk
MODERATE
36
View full risk analysis →
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