5324 FISHER ISLAND DR 5324, Miami-Dade County, FL 33109

Parcel: 3042090130130 · Residential · Condominium - Residential · Zoning: 5000

Assessed Value (2025)
$2,498,124

Property Details

Beds
2
Baths
2.5
Living Sqft
1,950
Year Built
1991
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$590,400
2010-08-25
BAYVIEW AT FISHER ISL CONDO NO TWO ASSN INCJPMORGAN CHASE BANK N A
2
$750,000+27%
2012-07-20
JPMORGAN CHASE BANK N ATHE SAFETY LLC
3
$1,400,000+87%
2021-04-02
THE SAFETY LLCL A G LIMITED PARTNERSHIP

Tax Assessment History

$2,498,124
Assessed (2025)
$3,119,812
Market Value
$2,498,124
Taxable Value
$50,860
Annual Tax
2024
$2,271,022
$2,870,227
2025
$2,498,124
$3,119,812
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $2,498,124 $3,119,812 $2,498,124 $50,860
2024 $2,271,022 $2,870,227 $2,271,022 $46,236

About 5324 FISHER ISLAND DR 5324, Miami-Dade County, FL 33109

5324 FISHER ISLAND DR 5324, Miami-Dade County, FL 33109 is a 2-bedroom, 2.5-bathroom residential - total value : condominium - residential built in 1991 with 1,950 square feet of living space. The property is currently owned by L A G LIMITED PARTNERSHIP, 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 2021-04-02 for $1,400,000, when THE SAFETY LLC sold to L A G LIMITED PARTNERSHIP. The property has appreciated $650,000 (87%) since the prior sale of $750,000 on 2012-07-20. There are 3 recorded sales for this property.

The 2025 assessed value is $2,498,124 with a market value of $3,119,812. The assessed value increased 10% from $2,271,022 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.

This property currently has 1 open code violation on record with miami_dade code enforcement. Open violations can affect property value and may need to be resolved before a sale can close. The complete ownership history of this property spans from 2010 to 2021, with 3 recorded transactions in the public record.

The current assessed value represents 178% 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 $718 per square foot — a key metric for comparing value across the area's real estate market..

Code Violations 1 open

A2025001889 open
2025-03-11

Distress Signals

  • 1 open code violation

Current Owner

L A G LIMITED PARTNERSHIP
242 NW 42 AVE 4TH FL, MIAMI, FL, 33126
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$25,381 — $45,766
Flood $400 — $800
Property/Wind $24,981 — $44,966

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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