2016 FISHER ISLAND DR 2016, Miami-Dade County, FL 33109

2016 FISHER ISLAND DR 2016, Miami-Dade County, FL 33109 is a 3-bedroom, 3.5-bathroom residential - total value : condominium - residential built in 1988 with 2,744 square feet of living space. The property is currently owned by MOMENTUM ADVANCEMENT LLC, 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 2025-03-31 for $5,500,000. There are 4 recorded sales for this property. The 2025 assessed value is $2,343,521 with a market value of $3,471,088.

The assessed value increased 10% from $2,130,474 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. There are active mortgage liens totaling $2,699,907 recorded against this property.

The complete ownership history of this property spans from 2005 to 2025, with 4 recorded transactions in the public record. The current assessed value represents 43% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase.

Based on the most recent sale, this property traded at $2004 per square foot — a key metric for comparing value across the area's real estate market..