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Waterfront · Condominium
$10,980,000$2,672 / sqft
5134 Fisher Island Dr # 5134, Miami Beach FL 33109
Listed
4
Bedrooms
5
Bathrooms
4,109 sqft
Interior
2004
Year built
$5,375 / mo
HOA
Condominium
Type
About this home
This stunning 4BR/4.5BA Bayview unit spans 4,109 SF w/chic modern décor. Three terraces offer exceptional indoor-outdoor living, including 2 main bayside terraces with sunset views over Virginia Key, Biscayne Bay, & Miami skyline. Exquisite porcelain floors grace the common areas, light English oak flow in the bedrooms. An open living room features a custom bar, designer lighting & book-matched onyx wall inset. Elegant family & dining rooms offer terrace access. Gourmet kitchen sports Viking & Sub-Zero appliances plus Pendini cabinetry. The bayside principal suite boasts a custom closet room & spa-inspired bathroom w/Calacatta Gold marble, walk-in shower, dual vanities & water closets. 3 additional bedrooms include walk-in closets & en-suite baths. Unit embodies waterfront luxury & style.
Features
- Built-in Features
- Entrance Foyer
- Other
- Split Bedroom
- Family Room
- Utility Room/Laundry
- East Of Us1
- Open Balcony
- Tennis Court(s)
- Bay
- Water View
Leasing
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 4-bed rentals in Miami Beach, from 12 active listings; the middle half ask $45,000–$60,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter 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. We are not a lender and neither offer nor arrange financing. 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.