5241 FISHER ISLAND DR 5241, Miami-Dade County, FL 33109

5241 FISHER ISLAND DR 5241, 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 SHERLON INVESTMENTS CORP, 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 1994-10-01 for $2,050,000. The 2025 assessed value is $5,390,522 with a market value of $8,406,615. The assessed value increased 10% from $4,900,475 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 current assessed value represents 263% 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 $511 per square foot — a key metric for comparing value across the area's real estate market..