5235 FISHER ISLAND DR 5235, Miami-Dade County, FL 33109

5235 FISHER ISLAND DR 5235, Miami-Dade County, FL 33109 is a 2-bedroom, 2.5-bathroom residential - total value : condominium - residential built in 1992 with 1,950 square feet of living space. The property is currently owned by 5235 FISHER ISLAND DR 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 2002-08-01 for $800,000. The property has appreciated $40,000 (5%) since the prior sale of $760,000 on 1997-06-01. The 2025 assessed value is $2,213,314 with a market value of $3,243,717.

The assessed value increased 10% from $2,012,104 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 1997 to 2002, with 2 recorded transactions in the public record.

The current assessed value represents 277% 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 $410 per square foot — a key metric for comparing value across the area's real estate market..