5335 FISHER ISLAND DR 5335, Miami-Dade County, FL 33109

Parcel: 3042090130270 · Residential · Condominium - Residential · Zoning: 5000

Assessed Value (2025)
$1,985,605

Property Details

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

Sales History

1
$1,500,000
2011-01-18
JAMES W & ROBERT C BOWLINGJAMES L FERRARO
2
$100non-market transfer
2015-10-02
JAMES L FERRAROJAMES L FERRARO
3
$3,000,000
2019-12-04
JAMES L FERRAROJAMES L FERRARO JR

Tax Assessment History

$1,985,605
Assessed (2025)
$3,724,945
Market Value
$1,934,883
Taxable Value
$39,393
Annual Tax
2024
$1,929,646
$3,724,945
2025
$1,985,605
$3,724,945
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,985,605 $3,724,945 $1,934,883 $39,393
2024 $1,929,646 $3,724,945 $1,879,646 $38,268

About 5335 FISHER ISLAND DR 5335, Miami-Dade County, FL 33109

5335 FISHER ISLAND DR 5335, 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 JAMES L FERRARO JR, 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 2019-12-04 for $3,000,000, when JAMES L FERRARO sold to JAMES L FERRARO JR. The property has appreciated $2,999,900 (2999900%) since the prior sale of $100 on 2015-10-02. There are 3 recorded sales for this property.

The 2025 assessed value is $1,985,605 with a market value of $3,724,945. The assessed value increased 3% from $1,929,646 in 2024. The property has the following tax exemptions: homestead.

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 2011 to 2019, with 3 recorded transactions in the public record. The current assessed value represents 66% 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 $1095 per square foot — a key metric for comparing value across the area's real estate market..

Current Owner

JAMES L FERRARO JR
5335 FISHER ISLAND DRIVE, MIAMI, FL, 33109
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$20,256 — $36,540
Flood $400 — $800
Property/Wind $19,856 — $35,740

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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