5275 FISHER ISLAND DR 5275, Miami-Dade County, FL 33109

5275 FISHER ISLAND DR 5275, Miami-Dade County, FL 33109 is a 3-bedroom, 3.5-bathroom residential - total value : condominium - residential built in 1992 with 4,880 square feet of living space. The property is currently owned by GERARDO LUIS GARCIA TRS GERARDO LUIS GARCIA REV LIV TR, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2023-05-15 for $8,800,000. There are 4 recorded sales for this property. The 2025 assessed value is $4,013,100 with a market value of $8,623,827.

The assessed value increased 3% from $3,900,000 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.

There are active mortgage liens totaling $5,890,333 recorded against this property. The complete ownership history of this property spans from 1998 to 2023, with 4 recorded transactions in the public record. The current assessed value represents 46% 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 $1803 per square foot — a key metric for comparing value across the area's real estate market..