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Allison Island

Introduction

General Overview

Allison Island is an island neighborhood where all the finest single-family homes and upscale condominiums rise. Here, residents enjoy year-round resort-style living thanks to the luxury amenities the community has to offer, from waterside promenades and beautiful landscaping to 24-hour security and unobstructed views of the Atlantic Ocean and Biscayne Bay.

Location

The island is located within the Indian Creek waterway in the La Gorce neighborhood. The La Gorce Country Club and Brittany Bay Park are located mere minutes away. South Beach and Bal Harbour are both easily accessible from the island. The Miami International Airport is approximately a 20-minute drive away via the I-195/Julia Tuttle Causeway.

Real Estate Community in Allison Island

Average Land Area/House Square Feet

Older homes in Allison Island usually have five bedrooms and four bathrooms. Newly constructed properties usually have seven bedrooms, nine baths, and 10,000 square feet or more of living space. Required minimum lot area is 16,200 square feet.

Common Property Types or House Styles

Allison Island has two areas: the northern and southern sides. The northern side is where all the waterfront single-family homes with direct access to the Atlantic Ocean and Biscayne Bay are. Private docks are not uncommon in these properties.

Meanwhile, the southern area known as Aqua features the upscale townhomes and condominiums on Allison Island. Chatham, Spear, and Gorlin are the three luxury condominiums in the area. Condos usually have topnotch amenities such as heated pools, kiddie pools, spa and massage centers, fitness centers, and poolside food and beverage services.

Average Market Pricing

Allison Island single-family homes for sale have prices ranging from $6 million to $18 million. Average listing price is $12,057,142.

Common Design, Construction, or Architectural Types

Allison Island real estate varies in architectural styles. Some of the common styles are Mediterranean, mid-century modern, and contemporary. They are typically built on expansive lots and overlook the ocean.

Notable Homeowners

American rapper Lil Wayne owns a waterfront estate on Allison Island. This 10,632-square feet mansion features 110 feet of water frontage, a pond that looks like a moat, 20-foot living walls of lush vegetation, a three-car garage suite, home theater, commercial-grade elevator, and a cabana pool house.

Michael Burke, CEO of Louis Vuitton, owns the 6596 Allison Road address on Allison Island. The oceanfront mansion features 200 square feet of waterfront, a private dock, guest house, and tennis court.

Living in Allison Island

General Cost of Living

Like its neighboring communities, Allison Island has a high cost of living primarily because of housing costs. Single-family homes on Allison Island start at $6 million in price and condos at over $1 million. The average household income in the area is $140,165.

Employment/Job Opportunities

Residents of La Gorce, where Allison Island is, are mostly white collar employees. Most work in private companies while a huge number are also self-employed.

Weather

Just like the rest of Miami, Allison Island has a tropical monsoon climate. This type of climate is classified as having hot and humid summers and short, warm winters.

Restaurants

Upon crossing Bal Harbour, head to Bal Harbour Shops for a large selection of dining options, from fine dining restaurants to outdoor cafes and bistros. Menu options include Italian, French, Japanese, and American cuisines. Options along Collins Avenue and Lincoln Road are also endless.

Schools

Allison Island is close to the best schools in the area. This includes the Design & Architecture Senior High School, the Miami Arts Charter School, Mater Beach Academy, MAST@FIU BBC, Fienberg/Fisher K-8 Center, David Lawrence Jr. K-8 Center, Natural Bridge Elementary School, W.J. Bryan Elementary School, and the Morningside K-8 Academy.

Transportation

Residents drive their own vehicles to get around. Some also have private boats they use to tour the rest of Miami Beach.

Parks, Recreational Activities, and Attractions

Allison Island is connected to the mainland through bridges that take residents to the designer shops at Bal Harbour, dining at Collins Road and Lincoln Road, and the Art Deco District of South Beach.

Shopping is one of the main attractions in Bal Harbour. Bal Harbour Shops, a renowned open-air shopping mall, carries a long list of designer brands for avid shoppers. Some of these brands are Ralph Lauren, Prada, Chanel, Giorgio Armani, and Dolce & Gabbana.

Residents living in luxury condos have access to a neighborhood store, dry cleaning services, heated pool with lap lanes, whirlpool, fitness center, children’s pool, jogging path, a park, children’s play center, and private docks.

Live in an extravagant waterfront home or a first-class condominium on Allison Island. Get in touch with The Jills Zeder Group at 305.722.5721 or 305.341.7447 so we can help match you with the property that best fits your standards.

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Area:Miami Beach
Re-Sale Price Range:$6,200,000-$18,900,000
Rental Price Range:$85,000-$85,000
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