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Waterfront · Condominium
$36,250,000$4,751 / sqft
7061 Fisher Island Dr # 7061, Miami Beach FL 33109
Listed
5
Bedrooms
7
Bathrooms
7,630 sqft
Interior
2016
Year built
$5,375 / mo
HOA
Condominium
Type
About this home
Experience the pinnacle of luxury living in this extraordinary contemporary designer residence at prestigious Palazzo Del Sol on exclusive Fisher Island. Encompassing 7,630 SF, this waterfront home offers 5BR/6 full + 1 half BA, plus an extra room with ensuite bath. An exceptional 2,471-SF wraparound terrace and two additional private terraces create an unparalleled indoor-outdoor lifestyle with multiple entertaining areas and breathtaking 270-degree views of Biscayne Bay, Government Cut, Miami Beach and Downtown skylines, Fisher Island Golf Course, and spectacular sunsets. A private elevator opens to elegant living and dining spaces with floor-to-ceiling glass, wide-plank oak floors, designer lighting, Lualdi Italian doors, and refined custom finishes throughout. Gourmet chef's kitchen sports Gaggenau and Sub-Zero appliances, dual dishwashers, dual ice makers, oversized island, butler's pantry, and adjoining family/media room. The luxurious waterfront principal suite offers private terrace access, a sitting area, custom walk-in closets, and spa-inspired marble bath with soaking tub and rain shower. Four additional ensuite bedrooms provide exceptional accommodations for family and guests. Palazzo Del Sol offers world-class amenities including aperitivo bar, fitness center, spa, screening room, children's playroom, resort-style pool with cabanas, and access to Fisher Island Club's private beaches, golf, tennis, pickleball, marinas, dining, and concierge services.
Features
- Built-in Features
- Cooking Island
- Entrance Foyer
- Split Bedroom
- Den/Library/Office
- Family Room
- Great Room
- Storage
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 5-bed rentals across Miami-Dade, from 21 active listings; the middle half ask $24,000–$45,000.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.