Just when you thought you hit the end of South Beach --- Just when you thought you are completely surrounded by water – that is when you have reached Fisher Island – a unique and magnificent community that is only accessible by boat, helicopter or ferry.
Background:
Fisher Island was originally built in the 1920’s as the winter estate of William Vanderbilt. It is a 216 acre private enclave named after a major developer of Miami Beach – Carl Fisher.
In the 1980’s it was developed into a 700+ home luxury community. And until today it
remains a very exclusive and wealthy community. In fact, check out Wikipedia’s definition of Fisher Island and as you read on, it continues... “According to the U.S. Census Bureau, Fisher Island had the highest per capita income of any place in the United States in 2000.”
The strength of the money that the owners at Fisher Island is shown by the huge renovation task that is under way. In the midst of all the Real Estate downturn, Fisher Island is undergoing a major $57 million renovation. According to insiders, there was alot of neglect over the years which ultimately led to lawsuits. The new owners of Fisher Island have put $25m into the renovation project and the Fisher Island Club members have all been assessed $57k each to cover the rest of the renovation.
Being a member at The Fisher Island Club is one of the most elite and prestigious memberships in South Florida. It allows access to deep water marinas, top rated Spa Internazionale, a tennis center with 18 clay, grass and hard courts, par 35 championship nine hole golf course, polo field, private beaches and eight restaurants and cafes.
Some overall island pictures including the island and golf course.
Individually you can choose to live in condos or houses on the beach.
Amongst all this exclusivity, sales at Fisher Island remain very strong. There are currently 73 properties for sale on Fisher Island ranging from a guest studio at $335,000 to a 7 bedroom oceanfront villa at $12,775,000 to a $30,000,000 asking price for another oceanfront 7 bedroom villa.
If you are interested in any Fisher Island properties please call us to discuss your options. We can be reached at 786-333-6200 or 786-271-1235.
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