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Waterfront · Condominium
$3,900,000$1,746 / sqft
2432 Fisher Island Dr # 5302, Miami Beach FL 33109
Listed
3
Bedrooms
4
Bathrooms
2,234 sqft
Interior
1986
Year built
$5,375 / mo
HOA
Condominium
Type
About this home
Rare opportunity to renovate and personalize this 2,234 SF Fisher Island residence. Featuring beautiful Biscayne Bay and Miami skyline views, offering breathtaking sunsets. Spacious living areas, and an excellent floor plan make this property is the perfect canvas for a custom luxury renovation. Enjoy the unmatched Fisher Island lifestyle with private beaches, golf, tennis, marina, fine dining, spa, and world-class amenities in one of the country’s most exclusive communities.
Features
- Third Floor Entry
- Built-in Features
- Closet Cabinetry
- Fire Sprinklers
- Storage
- Utility Room/Laundry
- Open Balcony
- Bay
- Water View
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 1
- Ok To Lease
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 3-bed rentals in Miami Beach, from 103 active listings; the middle half ask $9,500–$39,200.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.