7721 FISHER ISLAND DR 7721, Miami-Dade County, FL 33109

Parcel: 3042100100020 · Residential · Condominium - Residential · Zoning: 5000

Assessed Value (2025)
$3,829,029

Property Details

Beds
3
Baths
3.5
Living Sqft
3,580
Year Built
1992
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$1,420,000
1997-06-01
2
$100non-market transfer
2009-10-29
CALEDONIA CORPORATIONMARMAR GROUP LLC
3
$2,875,000
2012-07-12
MARMAR GROUP LLCMITAL PROPERTIES LLC

Tax Assessment History

$3,829,029
Assessed (2025)
$6,531,431
Market Value
$3,829,029
Taxable Value
$77,956
Annual Tax
2024
$3,480,936
$4,504,435
2025
$3,829,029
$6,531,431
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $3,829,029 $6,531,431 $3,829,029 $77,956
2024 $3,480,936 $4,504,435 $3,480,936 $70,869

About 7721 FISHER ISLAND DR 7721, Miami-Dade County, FL 33109

7721 FISHER ISLAND DR 7721, Miami-Dade County, FL 33109 is a 3-bedroom, 3.5-bathroom residential - total value : condominium - residential built in 1992 with 3,580 square feet of living space. The property is currently owned by MITAL PROPERTIES LLC, 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 2012-07-12 for $2,875,000, when MARMAR GROUP LLC sold to MITAL PROPERTIES LLC. The property has appreciated $2,874,900 (2874900%) since the prior sale of $100 on 2009-10-29. There are 3 recorded sales for this property.

The 2025 assessed value is $3,829,029 with a market value of $6,531,431. The assessed value increased 10% from $3,480,936 in 2024. 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 1997 to 2012, with 3 recorded transactions in the public record. The current assessed value represents 133% 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 $803 per square foot — a key metric for comparing value across the area's real estate market..

Current Owner

MITAL PROPERTIES LLC
1441 BRICKELL AVE STE 1400, MIAMI, FL, 33131
Since: 2026-03-29
View owner profile →

People Behind This Entity

Est. Annual Insurance

$38,690 — $69,722
Flood $400 — $800
Property/Wind $38,290 — $68,922

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$87,115
Median Home Value$2,000,001
Pop. Density7,330/sq mi

Neighborhood 33109

18.5%
Owner-Occ
81.5%
Investor
33
Flips (4yr)
195
New Biz (3yr)
Distress Risk
MODERATE
36
View full risk analysis →
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