7942 FISHER ISLAND DR 7942, Miami-Dade County, FL 33109

7942 FISHER ISLAND DR 7942, Miami-Dade County, FL 33109 is a 3-bedroom, 3.5-bathroom residential - total value : condominium - residential built in 1989 with 2,530 square feet of living space. The property is currently owned by GARSH INVESTMENTS LLLP, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2020-09-08 for $2,000,000, when FISHER ISLAND 7942 LLC sold to GARSH INVESTMENTS LLLP. The property sold for $650,000 less than the prior sale of $2,650,000 on 2017-02-14. There are 3 recorded sales for this property.

The 2025 assessed value is $2,501,369 with a market value of $3,731,750. The assessed value increased 10% from $2,273,972 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 2013 to 2020, with 3 recorded transactions in the public record. The current assessed value represents 125% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal.

Based on the most recent sale, this property traded at $791 per square foot — a key metric for comparing value across the area's real estate market..