Located on the very last condo development site on Fisher Island, the 6.5-acre property will soon be home to 6 FISHER ISLAND, perhaps one of the most exclusive and expensive real estate projects in Miami’s history. Fisher Island is considered one of the most expensive zip codes in the United Sates and home to some of the world’s most elite.
The planned 50-unit ultra-luxury condo project will be targeting ultra-high-net worth buyers, with projected prices for typical units starting at $30 million and penthouses exceeding more than $60 million. Residences will range in size from 3,800 – 12,000 square feet. The interiors will be designed by Tara Bernerd Partners and Kobi Karp will be the architect for the project. Related Group entered into a contract to buy the 6.5-acre property from Fisher Island developer Heinrich Von Hanau. Six Fisher Island Residences will feature an assortment of luxury amenities including two pools, a spa, workout facility, lounge, restaurant, and pickleball court.
The 216-acre Fisher Island is located directly off the coast of Miami Beach and is only accessible via ferry or watercraft. It has long been known as one of the country’s most exclusive communities, featuring a private golf course and beach, as well as a variety of lavish amenities, from butler service to a member-only restaurant. The man-made island has been home to many of Miami’s most notable figures, including the heir to railroad fortune William K. Vanderbilt. It has also been the backdrop to some of the region’s most high-profile real estate listings.
Miami-based Related Group, billionaire Teddy Sagi, BH Group and Chicago-based Wanxiang America RE group paid more than $100 million for the property at 6 Fisher Island Dr. The 6 Fisher Island Miami new construction development is expected to launch invitation-only sales at the end of the year, according to a press release. Units will range from three to five bedrooms, and buyers will receive membership to the Fisher Island Club.