5221 FISHER ISLAND DR 5221, Miami-Dade County, FL 33109

5221 FISHER ISLAND DR 5221, Miami-Dade County, FL 33109 is a 4-bedroom, 4.5-bathroom residential - total value : condominium - residential built in 1992 with 4,010 square feet of living space. The property is currently owned by GATTONSHORE 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 2013-11-26 for $3,500,000, when ALLCONTAG REALTY INC sold to GATTONSHORE LLC. The property has appreciated $1,050,000 (43%) since the prior sale of $2,450,000 on 1997-05-01. There are 3 recorded sales for this property.

The 2025 assessed value is $5,179,106 with a market value of $8,076,906. The assessed value increased 10% from $4,708,279 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 1994 to 2013, with 3 recorded transactions in the public record. The current assessed value represents 148% 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 $873 per square foot — a key metric for comparing value across the area's real estate market..