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1004 Fisher Island Drive, Miami Beach FL 33109
About this home
LAST OPPORTUNITY TO CUSTOMIZE INTERIOR FINISHES AND DESIGN EXTERIOR SPACES IN YOUR OWN FISHER ISLAND MANSION! As the centerpiece of Fisher Island’s exclusive single-family estate enclave, this rare offering empowers a purchaser to develop a Custom Estate exceeding 10,000 SF, designed to their exact specifications and lifestyle. A legacy investment and an extraordinary statement of prestige, this opportunity invites the development of an architectural masterpiece in South Florida’s most illustrious zip code. Positioned within the most coveted private island in the United States, this exceptional 15,949 square foot LOT presents an unrivaled canvas for the creation of a world-class trophy estate. Residents of The Mansions On Fisher Island command an address synonymous with privilege, privacy, and incomparable luxury, surrounded by uninterrupted vistas of sparkling waterfront, emerald fairways, and the iconic Miami skyline.
Features
- First Floor Entry
- Bar
- Elevator
- Fire Sprinklers
- Entrance Foyer
- Pantry
- Walk-In Closet(s)
- Wet Bar
- Den/Library/Office
- Family Room
- Great Room
- Media Room
- Utility Room/Laundry
- Built-In Grill
- Open Balcony
- Bay
- Golf Course
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $212,375
- HOA
- $4,151 / mo
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.