7042 Fisher Island Dr

Miami Beach, FL 33109

$12,200,000

$3,407/ft²

3Beds

3.5Baths

3,581Sq ft

2016Year built

CondoType

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.

Features

Waterfront

Property details

Listing

MLS #: A12046360
Status: For sale
Listed on: Jul 1, 2026
Days on market: 40 days
Listing data updated: Jul 6, 2026

Interior

Beds: 3
Baths: 3.5
Living area: 3,581 ft²
Price per ft²: $3,407/ft²
Unit: 7042

Building & community

Type: Condo
Year built: 2016
HOA fee: $7,984/mo
County: Miami-Dade

Lot & exterior

Waterfront: Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest): $61,690
Property taxes (est.): $11,183
Home insurance (est.): $600
Flood insurance (est.): —
HOA fee: $7,984

Estimated total$81,457*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?

Building structural health (SIRS)

No filing record found

We couldn't find a SIRS filing record for this building in Florida's public DBPR database. That is not a red flag by itself: buildings under three stories are exempt, recent or mailed-in filings may not appear yet, and the name or address on file may differ from this listing.

Questions about this

What is a SIRS and why does it matter?

Since the Surfside collapse, Florida requires condo and co-op buildings three stories or taller to complete a Structural Integrity Reserve Study: an inspection-based plan that forces the association to fund structural repairs (roof, load-bearing walls, plumbing, electrical) instead of deferring them. It matters because underfunded buildings are the ones that surprise owners with large special assessments.

Has this building filed its SIRS?

We didn't find a filing record for this building in the DBPR's public database. Absence of a record does not mean the building is out of compliance — it may be exempt (under three stories), the filing may be recent or on paper, or the recorded name/address may differ. It IS the right question to ask before offering.

What is a special assessment?

A one-off charge the association levies on every owner when reserves don't cover a needed repair — in older coastal buildings they have ranged from a few thousand to over $100,000 per unit. The SIRS exists precisely to make these predictable and funded in advance. Always review the building's budget, reserves and meeting minutes before buying.

What should I check before buying in this building?

Florida law gives buyers the right to review the association's SIRS, milestone inspection reports, budget and reserves — the full study is available from the association by written request. Nilyan requests and walks through these documents with her buyers as part of the offer process.

Source: Florida DBPR public SIRS reporting database. Filing status is self-reported by the association; this is not an audit, inspection or safety certification, and absence of a record does not mean non-compliance. Data as of July 30, 2026.

Want the full structural picture of this building before you offer?