For saleVirtual tour
$8,750,000
4 beds3,979 sq ft
Bay, harbor, inlet or soundShared waterfront site
400 Alton Rd #2101Miami Beach, FL 33139
Condo · MLS 12047128
Listing courtesy of Compass Florida, LLC · MyStateMLS
For saleReduced $255,000 from $10,250,000Virtual tour
$9,995,000
4 beds3,790 sq ft
5233 Fisher Island Dr #5233Miami Beach, FL 33109
Homes, condos and townhomes · MLS 11395139 · Listed 699 days ago (Nov 29, 2024)
Bay, harbor, inlet or sound · Shared waterfront site · Waterfront details
For sale: Listed and available according to the MyStateMLS feed.
About this property
Luxurious Residence in Fisher Island, Miami Welcome to your dream home on exclusive Fisher Island. This 3,790 sq. ft. residence offers 4 bedrooms, 4.5 bathrooms, breathtaking bay views, and seamless luxury. The open layout connects the living, dining, and gourmet kitchen areas, perfect for entertaining. Step onto the private terrace to relax with ocean breezes. Enjoy parking for three cars, two golf carts, and a large storage unit. Accessible only by ferry or private yacht, Fisher Island offers world-class dining, pristine beaches, pools, golf, tennis, a state-of-the-art spa, and a vibrant social scene. It's a sanctuary of exclusivity and serenity. New membership required. Contact us today to schedule your private showing and experience the unmatched Fisher Island lifestyle!
Description provided by the listing brokerage.
MLS-reported waterfront
Waterfront details
The home is part of a condominium, cooperative or community whose shared site is reported as waterfront. Shoreline and docks are typically common or community property, not owned by the individual unit.
- Relationship to the water
- Shared waterfront site
- Water type
- Bay, harbor, inlet or sound
- Water body
- Not provided. Ask the listing agent.
- Frontage length
- Not provided. Ask the listing agent.
- Water access arrangement
- Not provided. Ask the listing agent.
- Docks, slips, lifts, moorings
- Dock reported
- Dock depth
- Not provided. Ask the listing agent.
- Shoreline
- Beach access reported
- Seasonal or tidal conditions
- Not provided. Ask the listing agent.
- Boating limits (bridges, depth, open-water access)
- Not provided. Ask the listing agent.
The listing reports a dock. It does not say whether the dock is private, shared or transferable, or what boats it fits.
Why this is listed as waterfront
WaterfrontYN“Yes”: The listing is marked waterfront.WaterfrontFeatures“Beach Access, Boat Dock, Bay”: Describes the water without a frontage value.PropertyTypeDetail“condo”: A unit on a shared (condominium-style) site.
Classified from fields in the MyStateMLS listing data. It has not been independently verified, and it is not a survey, title examination or legal determination of shoreline or access rights. Rules version 2026-10-29.1. How we classify waterfront
Something wrong with this classification? Report a waterfront classification issue. Questions about frontage, docks or access are best answered by Compass Florida, LLC.
Facts
- List price
- $9,995,000
- Original list price
- $10,250,000
- Status
- For sale
- Property type
- Condo
- Bedrooms
- 4
- Full baths
- 4
- Half baths
- 1
- Interior area
- 3,790 sq ft
- Year built
- 1992
- Garage spaces
- 3
- County
- Miami-Dade County
- MLS number
- 11395139
- Annual property tax (2024)
- $96,298
Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them.
Features
Interior
- Walk-In Closet(s)
- Entrance Foyer
Exterior
- Dock
Appliances
- Range
- Microwave
- Refrigerator
- Dryer
- Dishwasher
Flooring
- Marble
Virtual tours
Location
The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or shoreline, and no flood, wetland or hazard conclusion should be drawn from it. See more listings in Miami Beach.
Price and status history
- Original list price reported by the brokerage: $10,250,000
Changes observed by Waterfront Homes in MyStateMLS data since Oct 29, 2026. This is not a public-record sales history; MyStateMLS does not publish sold prices.
Estimate a monthly payment
$1,999,000
Illustrative. Replace with a quote from your lender.
From the listing (tax year 2024). Taxes can change after a sale.
Get a quote; rates vary widely by location.
Manufactured homes on a leased lot.
Applied only while the loan is over 80% of the price. Illustrative.
Estimated monthly payment
$61,482 per month
Principal and interest$50,540
Property tax$8,025
Homeowners insurance$2,917
Loan amount$7,996,000
Total interest over the term$10,198,457
An estimate for comparison only, not a loan offer or approval. Actual rates, taxes, insurance, PMI and fees depend on your lender, credit, location and loan program.
Similar waterfront listings nearby
Waterfront listings of the same property type and water type in Miami Beach, priced within 25% of this listing ($7,496,250 to $12,493,750), newest first. Each one passes the same waterfront rules. See all matches
For saleDock reportedVirtual tour
$12,000,000
5 beds4,115 sq ft
Ocean or gulf · Bay, harbor, inlet or soundDirect parcel frontage
1398 Bay DrMiami Beach, FL 33141
House · MLS 11642721
Listing courtesy of Compass Florida, LLC · MyStateMLS
For saleDock reportedVirtual tour
$8,590,000
5 beds3,587 sq ft
Ocean or gulf · Bay, harbor, inlet or soundDirect parcel frontage
1351 Stillwater DrMiami Beach, FL 33141
House · MLS 11504204
Listing courtesy of Compass Florida, LLC · MyStateMLS
PendingVirtual tour
$7,500,000
4 beds3,186 sq ft
Bay, harbor, inlet or soundShared waterfront site
500 Alton Rd #3601Miami Beach, FL 33139
Condo · MLS 11472272
Listing courtesy of Compass Florida, LLC · MyStateMLS
For saleReduced $245,000Dock reportedVirtual tour
$9,750,000
4 beds4,321 sq ft
Ocean or gulf · Lake or reservoir · Bay, harbor, inlet or soundShared waterfront site
4701 N Meridian Ave #603Miami Beach, FL 33140
Condo · MLS 11395928
Listing courtesy of Compass Florida, LLC · MyStateMLS
Questions to ask before you buy
Questions worth investigating for any waterfront property. They are not claims that this property has a problem or meets any condition.
- Who owns the shoreline and the land under the water, and are there easements or public-access rights along it?Ownership can stop at a high-water line, a survey line or a seawall. A title search and survey answer this, not the listing.
- Is a dock, slip, lift or mooring included, and do the rights transfer to you?Docks can be shared, leased, assigned by an association or held under a permit that does not automatically transfer.
- What permits exist for the dock, seawall or other shoreline structures, and what would new work require?Shoreline work is often regulated by local, state and federal agencies.
- How much does the water level change by season, by tide or by reservoir management?Depth at a dock in one season can differ a lot in another.
- What does flood insurance cost for this property, and what does the current flood map show?Get a quote from an insurer or agent. A flood zone is not a premium, and no zone does not mean no risk.
- What maintenance does the shoreline need (seawall, bulkhead, riprap, erosion), and what has been done recently?Shoreline structures are expensive to repair; ask for records and inspection reports.
- How are water, sewer or septic, and power provided?Waterfront septic systems and wells can have extra rules and inspections.
- How do you reach the property by road year-round, and who maintains that road?Some waterfront roads are private, seasonal or shared.
- What local rules apply: rentals, docks, boat lifts, fences, tree removal, setbacks?Rules come from the town, county, state, lake authority or association and vary widely.
Printable due-diligence checklist · Ownership budget planner · FEMA Flood Map Service Center (official flood maps; look up the address yourself)
Guides and next steps
Listing courtesy of Compass Florida, LLC. Listings provided by MyStateMLS.
Listing last updated by the brokerage Mar 10, 2025, 11:50 AM UTC. Waterfront Homes last received MyStateMLS data Oct 29, 2026, 8:01 PM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing agent.