Atlantic Luxury AdvisorsKeller Williams Realty Services

70 photos

7042 Fisher Island Dr #7042

Miami Beach, FL 33109

$12,200,000
3
3.5
3,581 sq ft
2016
2 car
Condominium
$7,984/mo
Yes
56
Active

Listing courtesy of BHHS EWM Realty. Contact: [email protected].

About this home

This elegant and modern unit in Palazzo Del Sol is stunning with 5-Star amenities. The beautiful 3,793 SF unit features 3BR/3+1BA and boasts, 2 large terraces: w/open views to Government cut, and Miami Beach, views over Fisher Island. Open living/dining room layout, large family room, tan oak floors, custom wallpaper, wood and Calacatta Marble accented walls. Eat-in gourmet kitchen sports top of the line Gaggenau and Sub-Zero appliances, granite counter tops/backsplash. The private master suite offers direct terrace access and water views, separate his/her walk-in closets and all 3 bathrooms have beautiful Carrara Marble, master bath with walk-in glass-marble rain shower and oval tub. Other 2 BRs with en-suite bathrooms and shared terrace w/views of Fisher Island. Residents enjoy an unparalleled lifestyle with world-class amenities, including the exclusive Aperitivo Coffee Bar, offering complimentary breakfast, daytime light bites, and evening aperitivo while overlooking the yachts and the iconic Government Cut. These exceptional dining offerings are included as part of the maintenance fees, providing an effortless resort-style living experience.

What it costs to own
Estimated monthly payment
$96,033/mo
Principal and interest
$61,690
Property tax
$18,734
Homeowners insurance
$7,625
HOA
$7,984

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$224,811/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.

HOA
$7,984/mo (from the listing)
FEMA flood zone
Lookup unavailable. Check the FEMA map
Hurricane evacuation zone
Lookup unavailable. Know your zone

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Florida condo safety laws

This building was built in 2019, according to the county property appraiser.

If it has three or more habitable stories, Florida law (s. 553.899, F.S.) requires a milestone structural inspection by December 31 of the year it reaches 30 years of age, then every 10 years; for a building of this age the first one is due by December 31, 2049. A local building official may require it at 25 years near salt water.

Condominium buildings of three or more stories also need a structural integrity reserve study (s. 718.112(2)(g), F.S.) at least every 10 years; associations formed on or before July 1, 2022 had to complete one by December 31, 2025.

Dates follow from the statutes and the year the county appraiser lists for the building, not from the association's records. Ask the association for its milestone inspection report, its most recent structural integrity reserve study and any approved or proposed special assessments, and review them before you buy.

Location
Location from the listing's MLS coordinatesMap data © OpenStreetMap contributors

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.