5121 FISHER ISLAND DR 5121, Miami-Dade County, FL 33109

5121 FISHER ISLAND DR 5121, Miami-Dade County, FL 33109 is a 4-bedroom, 4.5-bathroom residential - total value : condominium - residential built in 2004 with 4,109 square feet of living space. The property is currently owned by THOMAS P MURPHY JR TRS MURPHY 2020 FAMILY 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 2024-01-31 for $9,150,000. There are 5 recorded sales for this property. The 2025 assessed value is $4,575,000 with a market value of $4,575,000.

The assessed value increased 43% from $3,203,684 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 2005 to 2024, with 5 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 $2227 per square foot — a key metric for comparing value across the area's real estate market..