Fisher Island, a private barrier island in Miami Beach, is an exclusive tropical community shared among around 700 of the wealthiest families in the US. It was officially opened by Fisher Island Club in 2006 to cater to those who wish a luxurious year-round retreat away from yet close to the city.
Fisher Island is located south of Miami Beach, merely 3 miles from downtown Miami. It has a total area of 0.343 square miles. Miami Beach and South Florida’s top attractions are within easy reach.
Real Estate Community in Fisher Island
Average Land Area/House Square Feet
Home sizes range from 3,800 square feet to 10,000 square feet.
Common Property Types or House Styles
The most common property type in Fisher Island are multi-family condo complexes fronting the community’s private shoreline and a golf course. There are also single-family estates and apartments. Some apartments feature rooftop pools.
Average Market Pricing
Fisher Island real estate are priced from $750,000 to $29,500,000. Average listing price is $6,871,134. Meanwhile, Fisher Island rentals have a price tag of $8,000 to $55,000.
Common Design, Construction, or Architectural Types
Mediterranean is the most prominent style in the residences in Fisher Island.
Considered one of the most affluent and secluded neighborhoods in the whole of America, Fisher Island is attractive to A-listers from different industries, including Oprah Winfrey.
Some of the most notable year-round residents are Barbara Becker, Boris Becker, Pavel Bure, Bharat Desai, Sharon Gless, Sergei Gonchar, Burke Henry, Igor Krutoy, Karolina Kurkova, Barney Rosenzweig, Carolina Wozniacki, and Martin Zweig.
Seasonal residents include Andre Agassi, Harold Ford, Sr., Susana Gimenez, Robert Herjavec, and Ilya Kovalchuk.
Living in Fisher Island
General Cost of Living
Fisher Island scores 469 on the cost of living index. The national average is 100. Housing is the main factor that contributes to the excessively high cost of living in the island.
Most of the job opportunities are located outside Fisher Island. Residents of one of the most expensive zip codes in the US include real estate developers, high-profile litigation attorneys, tech CEOs, finance executives, and hedge-fund managers.
There more than 600 employees working on Fisher Island. They are employed in the club or in the homeowners association or as part of property management.
The most pleasant months are March, November, and December. Warmest months are July and August, with an average temperature of 88°F. Meanwhile, January is the coldest month, with the coldest nighttime temperature at 62.
Garwood Lounge is home to restaurants such as Cafe Porto Cervo, Trattoria, The Golf Grill, and Cafe Tangier. The dining options in the island may be limited, but their menu is surely worth every penny. Alternatively, residents travel to the downtown for more options.
The island has its own private school, Fisher Island Day School, which is attended by pre-kindergarten through 6th grade. 30% of Fisher Island Day School students are not from Fisher Island but from the nearby communities of Star Island, Hibiscus Island, Palm Island, Venetian Islands, Bayshore, South Beach, Pinecrest, Coral Gables, and Coconut Grove.
Fisher Island is literally an island with no other form of transportation to take them to and from the community, aside from private ferries or boats. There are no roads or a causeway to connect Fisher Island to the mainland. This transportation setup also deters non-residents from entering the island.
Within the island, residents go around by driving their own vehicle or a golf cart. Some residents prefer to travel via private helicopter parked on Vanderbilt’s former landing spot or at the soccer field.
Parks, Recreational Activities, and Attractions
The historic Vanderbilt Mansion is the island’s famous landmark. It was built by William Vanderbilt, the man who bought Fisher Island, in the 1930s. Aside from being just a landmark, it can be rented as a wedding venue.
A few steps from the mansion is The Beach Club. This poolside retreat hosts themed events such as French Bistro Night, Full Moon parties, Seafood Night, Clambakes, and Sunday Jazz Brunch.
The tennis courts at Fisher Island are ranked number 1 in the East Coast by Tennis magazine. There are 18 courts with three types of playing surfaces.
Residents have exclusive access to Spa Internazionale, a full-service spa and wellness center.
Full-time and seasonal residents can agree that Fisher Island’s beaches are one for the books. Its sand is imported from the Bahamas.
Experience the luxurious island life in Fisher Island, where upscale facilities and amenities as well as a secluded retreat await residents. Get in touch with The Jills Zeder Group at 305.722.5721 or 305.341.7447 to get started.