7431 FISHER ISLAND DR 7431, Miami-Dade County, FL 33109

Parcel: 3042100150030 · Residential · Condominium - Residential · Zoning: 5000

Assessed Value (2025)
$5,385,251

Property Details

Beds
3
Baths
4.5
Living Sqft
3,959
Year Built
2002
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$3,250,000
2010-03-04
DESARROLLO CHIMBOTE SAJIM D PRUITT
2
$3,650,000+12%
2012-05-31
JIM D PRUITTCHESTERNOT DIV HOLDINGS LLC
3
$9,250,000+153%
2022-11-14
CHESTERTON DIV HOLDINGS LLCFCR304 LLC
4
$9,250,000
2022-11-15

Tax Assessment History

$5,385,251
Assessed (2025)
$5,385,251
Market Value
$5,385,251
Taxable Value
$109,639
Annual Tax
2024
$6,441,687
2025
$5,385,251
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $5,385,251 $5,385,251 $5,385,251 $109,639
2024 $6,441,687 $6,441,687 $6,441,687 $131,148

About 7431 FISHER ISLAND DR 7431, Miami-Dade County, FL 33109

7431 FISHER ISLAND DR 7431, Miami-Dade County, FL 33109 is a 3-bedroom, 4.5-bathroom residential - total value : condominium - residential built in 2002 with 3,959 square feet of living space. The property is currently owned by FCR304 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 2022-11-15 for $9,250,000. There are 4 recorded sales for this property. The 2025 assessed value is $5,385,251 with a market value of $5,385,251.

The assessed value decreased 16% from $6,441,687 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. There are active mortgage liens totaling $4,321,503 recorded against this property.

The complete ownership history of this property spans from 2010 to 2022, with 4 recorded transactions in the public record. The current assessed value represents 58% 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 $2336 per square foot — a key metric for comparing value across the area's real estate market..

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$32,711 — $54,652
Flood $400 — $800
Property/Wind $32,311 — $53,852

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 →

Mortgages

ACTIVE
$4,500,000
~$4,321,503 bal.
TRUIST BANK · 2022-11-15
Est. Total Balance $4,321,503
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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