40307 FISHER ISLAND DR 40307, Miami-Dade County, FL 33109

40307 FISHER ISLAND DR 40307, Miami-Dade County, FL 33109 is a residential - total value : condominium - residential built in 1988 with 517 square feet of living space. The property is currently owned by WAI LING CHOW, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 1998-08-01 for $160,000. The property has appreciated $60,000 (60%) since the prior sale of $100,000 on 1997-07-01. There are 3 recorded sales for this property.

The 2025 assessed value is $891,072 with a market value of $891,072. The assessed value increased 453% from $161,100 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 1997 to 1998, with 3 recorded transactions in the public record. The current assessed value represents 557% 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 $309 per square foot — a key metric for comparing value across the area's real estate market..