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Waterfront · Single Family Residence
$57,000,000$3,607 / sqft
1007 Fisher Island Drive, Miami Beach FL 33109
Listed
8
Bedrooms
12
Bathrooms
15,801 sqft
Interior
2026
Year built
$4,151 / mo
HOA
Single Family Residence
Type
About this home
THE GRANDE DAME OF FISHER ISLAND… THE MEGA MANSION No.7 SITS ON OVER HALF ACRE OF LUSH GARDENS & WATER FEATURES WITH STUNNING DIRECT BAY & GOLF COURSE VIEWS! This Modern Tuscan Mansion features over 15,800 SF of Interior Living Space + Massive Outdoor Spaces for Entertaining. The Largest & Most Opulent Mansion on Fisher Island features 8 Bedrooms + 10 Bathrooms + 2 Powder Rooms. European White Premium select Oak Flooring & Italian Stone throughout—Italian Kitchen equipped with top-of-the-line Wolf & Sub-Zero Appliances. Expansive Master Suite with His & Hers Baths features Dornbracht Fixtures + Huge Dressing Rooms. Infinity Edge Pool & Spa. Rooftop with Wellness areas + Yoga Meditation Deck with 360-degree views. Architecture by Portuondo Perotti Architects. 4 Car Garage + Large Driveway.
Features
- First Floor Entry
- Bar
- Entrance Foyer
- Pantry
- Walk-In Closet(s)
- Wet Bar
- Den/Library/Office
- Family Room
- Great Room
- Media Room
- Utility Room/Laundry
- Built-In Grill
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 8-bed rentals across Miami-Dade, from 8 active listings; the middle half ask $35,000–$150,000.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.