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Fisher Island Condo at 7912 Fisher Island Drive Sold for 60% of the Asking Price
A Fisher Island condo, on the ground floor, just steps away from the ocean with northeast views of the pool, and cruise ships in the distance, and just a few steps from the beach, sold last week for $5,457,000, just over 60% of the $8,970,000 asking price. The finely designed home, features a master bedroom suite, with an adjacent gym, and renovated and expanded guest bedrooms.
The 5,600 square feet condo has 5 bedrooms, and 6 bathrooms. Originally listed in August 2007 for $12,500,000, the price was dropped twice, and the property finally sold for less than half of the original price. The sale should serve as a good lesson to those sellers who have a need to sell, but are still pricing their properties at inflated values, remaining oblivious to present real estate market conditions.
The 5,600 square feet condo has 5 bedrooms, and 6 bathrooms. Originally listed in August 2007 for $12,500,000, the price was dropped twice, and the property finally sold for less than half of the original price. The sale should serve as a good lesson to those sellers who have a need to sell, but are still pricing their properties at inflated values, remaining oblivious to present real estate market conditions.
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Fisher Island real estate encompasses a 216-acre private island residential community of unrivaled luxury and splendor. The classic, Mediterranean style, private residential community of Fisher Island is nestled in a tropical-lush island club resort. Here, residents discover the privacy and security of an island where cultures from 40 nations blend against the backdrop of a cobalt-blue sky and the Atlantic Ocean. This private Miami Beach community, with its own zip code, is easy to reach by boat, seaplane, helicopter or car ferry.
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