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Buildings/Fisher Island/PALAZZO DEL MARE

Ultra Luxury

PALAZZO DEL MARE

7122 Fisher Island Dr, Fisher Island

2007

Year Built

For Sale

$13.9M

Avg Price

$2,954

Sale $/SF

—

For Rent

—

Avg Rent

—

Rent $/SF

—

YoY

For Sale

For Rent

Investor-Owned

Avg HOA

$5,374.67/mo

Building Details

Address

7122 Fisher Island Dr, Fisher Island

Neighborhood

Fisher Island

Year Built

2007

Avg Unit Sqft

3,500 SF

Tier

Ultra Luxury

Avg $/SF

$2,953.93

HOA Range

$5,374.67 – $5,374.67

Avg Unit Value

$7.2M

Total Sales (All-Time)

Investment Analysis

Yield Metrics

Rental Yield (annualized)—

YoY Appreciation—

Total Yield—

Liquidity & Demand

Closed Sales (120d)0

Investor-Owned0%

For Sale2

For Rent0

Market Data

Sale Price Trend ($/SF)

$2,954

Rental Price Trend ($/SF)

$0.00

Building Activity

Closed Sales (120d)

transactions

Low volume

Sales & Listings

Active Listings

For Sale (2)

$10.9M

Unit 7124

4 bd5 ba3,690 sf

$2954/SF13 DOM

$17.0M

Unit 7133

6 bd6 ba7,025 sf

$2417/SF215 DOM

Date	Price	$/SF	Bed/Bath	SF
Mar 21, 2022	$6.1M	$1,742.86	3/4	3,500
Mar 15, 2022	$6.1M	$1,742.86	3/3	3,500
Jan 21, 2011	$2.4M	$685.71	3/3	3,500
May 1, 2008	$3.9M	$1,114.29	3/3	3,500
Aug 1, 2007	$3.5M	$1,000	3/3	3,500

Units & Ownership

Avg Sqft

3,500 SF

Avg Assessed

$5.4M

Owner-Occupied

100%

Tax & Ownership

Investor-Owned

Owner-Occupied

100%

Avg Assessed Value

$5.4M

Avg Taxable Value

$5.4M

Effective Year Built

2007

Zoning

8900

Unit Mix

3 BR1

Avg 3,500 SF

Unit Directory

1 unit

Unit	Beds	Baths	SF	Assessed	Owner	Last Sale	$/SF	Sale Date
7122	3	3	3,500	$5.4M	✓	$6.1M	$1,743	Mar 2022

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PALAZZO DEL MARE

Building Details

Investment Analysis

Yield Metrics

Liquidity & Demand

Market Data

Sales & Listings

Units & Ownership

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