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Waterfront · Condominium
$10,900,000$2,954 / sqft
7124 Fisher Island Dr # 7124, Miami Beach FL 33109
Listed
4
Bedrooms
5
Bathrooms
3,690 sqft
Interior
2007
Year built
$5,375 / mo
HOA
Condominium
Type
About this home
SOUTH-EAST CORNER RESIDENCE ON FISHER ISLAND WITH SWEEPING VIEWS OF MIAMI BEACH, GOVERNMENT CUT, AND THE OCEAN AT THE NEW FULL-SERVICE PALAZZO DEL MARE DESIGNED BY AGUSTO BUSNELLI! Private elevator foyer leads into this 4 bedroom + 4.5 bath residence spanning 3,690 SF of interior living space with elegant wood & white large glass porcelain floors & over 1,000 SF of wraparound terraces. Gourmet kitchen with breakfast area equipped with a Sub-Zero refrigerator & wine fridge, Miele dishwasher, Gaggenau 2 ovens, stovetop & coffee maker. Oversized LG Washer & Dryer. Primary Bedroom with sunrise & ocean views. Expansive marble master bath with Waterworks fixtures, double vanities, soaking jet tub, steam shower & 2 toilet rooms. Automated window treatments. 2 assigned parking spaces, golf cart + Valet. Situated within a Boutique 5 star service building with only 27 residences. Enjoy world-class brand new Italian designed amenities including a private heated swimming pool, aperitivo bar, state-of-the-art fitness center, spa, sauna, steam rooms & a media room. Live the Relaxed & Sophisticated Fisher Island Lifestyle on 216 Acres featuring World-Class 5-Star Amenities including The Fisher Island Club, Vanderbilt Mansion Clubhouse, Spa, Top-rated Private School, 8 Restaurants, Golf Course, Aviary, 2 Marinas, New Beach & Yacht Club, 1-Mile Long Private Beach, Racquet Club with 17 Grand Slam Courts, 4 Pickleball & Padel Courts, Town Center with an Island Gourmet Market.
Features
- Closet Cabinetry
- Custom Mirrors
- Elevator
- Entrance Foyer
- Laundry Tub
- Walk-In Closet(s)
- Den/Library/Office
- Family Room
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.