5131 FISHER ISLAND DR 5131, Miami-Dade County, FL 33109

5131 FISHER ISLAND DR 5131, 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 DWIGHT MERRIMAN, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2020-07-08 for $4,300,000, when WILLIAM N CHAROUHIS sold to DWIGHT MERRIMAN. The property has appreciated $1,192,400 (38%) since the prior sale of $3,107,600 on 2018-06-28. There are 3 recorded sales for this property.

The 2025 assessed value is $3,186,948 with a market value of $7,433,116. The assessed value increased 3% from $3,097,132 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 $4,439,268 recorded against this property. This property currently has 1 open code violation on record with miami_dade code enforcement.

Open violations can affect property value and may need to be resolved before a sale can close. The complete ownership history of this property spans from 2015 to 2020, with 3 recorded transactions in the public record. The current assessed value represents 74% of the most recent sale price.

Based on the most recent sale, this property traded at $1046 per square foot — a key metric for comparing value across the area's real estate market..