7948 FISHER ISLAND DR 7948, Miami-Dade County, FL 33109

7948 FISHER ISLAND DR 7948, Miami-Dade County, FL 33109 is a 3-bedroom, 3.5-bathroom residential - total value : condominium - residential built in 1989 with 3,140 square feet of living space. The property is currently owned by POLMYRA LLC, 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 2017-07-20 for $2,650,000, when PROXIMA PROPERTIES S A sold to POLMYRA LLC. The property has appreciated $1,430,000 (117%) since the prior sale of $1,220,000 on 1994-10-01. The 2025 assessed value is $2,903,016 with a market value of $5,485,218.

The assessed value increased 10% from $2,639,106 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 2017, with 2 recorded transactions in the public record.

The current assessed value represents 110% of the most recent sale price. Based on the most recent sale, this property traded at $844 per square foot — a key metric for comparing value across the area's real estate market..