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Condominium at 5235 Fisher Island Dr # 5235, Miami Beach FL 33109Active
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Waterfront · Condominium
$3,890,000$1,995 / sqft

5235 Fisher Island Dr # 5235, Miami Beach FL 33109

2
Bedrooms
3
Bathrooms
1,950 sqft
Interior
1992
Year built
$5,375 / mo
HOA
Condominium
Type

About this home

Charming pied-à-mer, this spacious 2BR/2.5BA offers the comfort of a luxurious yet relaxed home away from home. Features marble floors, cozy living areas, a sprawling master suite with double door entry, and a breakfast room. The second bedroom/guest suite includes a private entrance. Entertain on the deep, wide terrace with stunning views of the Miami skyline and sunsets. Private gated courtyard entry adds to the charm and exclusivity.

Features

  • Third Floor Entry
  • Entrance Foyer
  • Walk-In Closet(s)
  • Storage
  • Utility Room/Laundry
  • Open Balcony
  • Bay
  • Skyline
  • Water View

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$25,045

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$19,670
HOA
$5,375 / 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.

Courtesy of
One Sotheby's International Realty

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.

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 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.