5246 FISHER ISLAND DR 5246, Miami-Dade County, FL 33109

5246 FISHER ISLAND DR 5246, 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 S GODNER TRS MICHAEL S GODNER REVOCABLE TRUST, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2022-08-01 for $5,500,000, when SUNBIRD REALTY INC sold to MICHAEL S GODNER TRS. The property has appreciated $4,410,000 (405%) since the prior sale of $1,090,000 on 1994-08-01. The 2025 assessed value is $3,377,632 with a market value of $3,983,546.

The assessed value increased 3% from $3,282,442 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 $2,549,435 recorded against this property. The complete ownership history of this property spans from 1994 to 2022, with 2 recorded transactions in the public record. The current assessed value represents 61% 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..