5325 FISHER ISLAND DR 5325, Miami-Dade County, FL 33109

Parcel: 3042090130260 · Residential · Condominium - Residential · Zoning: 5000

Assessed Value (2025)
$1,826,825

Property Details

Beds
3
Baths
3.5
Living Sqft
2,740
Year Built
1991
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$2,250,000
2021-05-04
NORBERT SIMMONSROBERT G MARDIGIAN
2
$3,295,000+46%
2022-03-16
ROBERT G MARDIGIANSOUTH DOLL LIMITED PARTNERSHIP
3
$3,900,000+18%
2023-03-14
SOUTH DOLL LIMITED PARTNERSHIPFARUCK LLC
4
$3,900,000
2023-03-31

Tax Assessment History

$1,826,825
Assessed (2025)
$1,826,825
Market Value
$1,826,825
Taxable Value
$37,193
Annual Tax
2024
$3,361,357
2025
$1,826,825
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,826,825 $1,826,825 $1,826,825 $37,193
2024 $3,361,357 $3,361,357 $3,361,357 $68,435

About 5325 FISHER ISLAND DR 5325, Miami-Dade County, FL 33109

5325 FISHER ISLAND DR 5325, Miami-Dade County, FL 33109 is a 3-bedroom, 3.5-bathroom residential - total value : condominium - residential built in 1991 with 2,740 square feet of living space. The property is currently owned by FARUCK 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 2023-03-31 for $3,900,000. There are 4 recorded sales for this property. The 2025 assessed value is $1,826,825 with a market value of $1,826,825.

The assessed value decreased 46% from $3,361,357 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 $2,385,323 recorded against this property.

The complete ownership history of this property spans from 2021 to 2023, with 4 recorded transactions in the public record. The current assessed value represents 47% 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 $1423 per square foot — a key metric for comparing value across the area's real estate market..

Current Owner

FARUCK LLC
1001 BRICKELL BAY DR STE 2700, MIAMI, FL, 33131
Since: 2026-03-29
View owner profile →

People Behind This Entity

Registered Agent: FGC CORPORATE ADVISORS LLC
View on Sunbiz →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$18,668 — $33,682
Flood $400 — $800
Property/Wind $18,268 — $32,882

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 →

Mortgages

ACTIVE 2.75% rate
$2,635,000
~$2,385,323 bal.
JPMORGAN CHASE BANK NA · 2022-04-01
1 satisfied mortgage
SATISFIED 2021-11-05
$1,462,500
MORGAN STANLEY CREDIT CORP
Est. Total Balance $2,385,323
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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