5236 FISHER ISLAND DR 5236, Miami-Dade County, FL 33109

Parcel: 3042090140340 · Residential · Condominium - Residential · Zoning: 5000

Assessed Value (2025)
$2,750,000

Property Details

Beds
3
Baths
3.5
Living Sqft
2,740
Year Built
1992
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$1,065,000
1994-08-01
2
$2,498,700+135%
2015-01-07
ROBERT L RUDNICK &W REGINAEDUARDO L HERNANDEZ TRS
3
$5,500,000+120%
2023-09-14
EDUARDO L HERNANDEZ TRSMICHAEL IOANNOU TRS
4
$5,500,000
2023-09-26

Tax Assessment History

$2,750,000
Assessed (2025)
$2,750,000
Market Value
$2,750,000
Taxable Value
$55,988
Annual Tax
2024
$3,904,848
2025
$2,750,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $2,750,000 $2,750,000 $2,750,000 $55,988
2024 $3,904,848 $3,904,848 $3,904,848 $79,500

About 5236 FISHER ISLAND DR 5236, Miami-Dade County, FL 33109

5236 FISHER ISLAND DR 5236, Miami-Dade County, FL 33109 is a 3-bedroom, 3.5-bathroom residential - total value : condominium - residential built in 1992 with 2,740 square feet of living space. The property is currently owned by MICHAEL IOANNOU TRS 5236 FISHER ISLAND LAND 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 2023-09-26 for $5,500,000. There are 4 recorded sales for this property. The 2025 assessed value is $2,750,000 with a market value of $2,750,000.

The assessed value decreased 30% from $3,904,848 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 2023, with 4 recorded transactions in the public record.

The current assessed value represents 50% 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 $2007 per square foot — a key metric for comparing value across the area's real estate market..

Current Owner

MICHAEL IOANNOU TRS 5236 FISHER ISLAND LAND TR
5236 FISHER ISLAND DR UNIT 5236, MIAMI BEACH, FL, 33109
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$27,900 — $50,300
Flood $400 — $800
Property/Wind $27,500 — $49,500

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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