Moving to Miami Beach | Why More and More Wealthy Americans are Moving to Fisher Island

More and More New Yorkers are Moving to Fisher Island

More and more tax law refugees from the northeast area are flocking into Miami and many of them are looking to settle on Fisher Island. Fisher Island, ranked by Bloomberg as the richest ZIP code in the United States, is an exclusive 216-acre island located minutes off the coast of Miami, and is only accessible by yacht or private ferry.

The Appeal of Fisher Island

Prized for its serene tropical environment, privacy and security, the exclusive Fisher Island enclave is located just off the tip of Miami Beach and offers its residents an abundance of amenities including a renowned Beach Club, two marinas, golf course, tennis center, boutique hotel, private school, exclusive spa and several world-class dining establishments and over one-mile of private beach with sand imported from Bimini.

Situated on Government Cut where Biscayne Bay meets the Atlantic Ocean, Fisher Island is just minutes from both Downtown Miami and world famous South Beach. The 216 -Acre resort community is home to more than 700 families from around the world.

Needless to say, security, safety and welfare of residents is a top priority on Fisher Island. Transportation to and from the Island is regulated and monitored by means of private yacht or auto-ferry with a convenient 7 minute ride, 365 days per year. Courtesy golf cart shuttles to any point on the island are offered to residents, and an off-island parking lot and trolley is provided for employees. The Fisher Island Public Safety Department and The Fisher Island fire station provide services 24 hours a day. There is no recorded / reported crime.

In the past Fisher Island’s residents were mostly 2nd, 3rd or 4th home owners with 10% of residents living on the island all year round. In recent years however, Fisher Island is seeing a higher percentage of full time residents as high-tax state residents are flocking into the island. This also resulted in a younger demographic, oftentimes families with (younger) children. The island’s very own school, Fisher Island Day School, offers grades Pre K till 8 and is now a “Grade A” school. Currently there are over 100 students enrolled at the school.

Fisher Island Condos For Sale

Fisher Island has a large number of condos for sale, but we would like to focus on the two newest condos: Palazzo del Sol and Palazzo della Luna.

Palazzo del Sol delivered its units in May of 2019, while Palazzo della Luna is slated for June of 2019. Both condos are finished with the highest of standards (definitely one of the best finished projects I have seen) and offer amazing views and are furniture ready. Units start selling at 3,700 SF up till 10,000 SF.

What is the difference between these two Fisher Island luxury condos? They are equal in style, with the same services and amenities, but Palazzo della Luna is a newer project and like is often the case with newer projects from the same development team; the last project is done with increased experience and it often offers improvements on previous projects with a tad more eye for detail.

Palazzo del Sol

Palazzo della Luna

Unit Mix at Palazzo del Sol, Fisher Island

Unit Mix at Palazzo della Luna, Fisher Island

• Residences: 3 – 7 bedroom units
• 3,724 – 10,194 Interior Sq. Ft.
• Terrace Sizes:  752 – 9,315 Terrace Sq. Ft.
• Price Range: $6.5 – 40 million

Residence Features of Palazzo della Luna Residences for Sale

• Contemporary floor plans with spacious floor-through layouts
• Panoramic water, city and island views
• Deep terraces with fine porcelain flooring
• Wide plank European oak wood flooring throughout interiors
• Private elevator entry
• Full height impact-resistant insulated window system
• Lualdi interior doors and hardware with magnetic locks
• High efficiency AC system with linear air diffusers operated by Nest thermostat
• Mold-resistant level 5 drywall finish
• High speed fiber-optic internet service
• Custom Boffi kitchens:
  • Boffi “Xila Collection” kitchen with Blum self-closing hardware
  • Bohemian grey granite countertops
  • Miele appliances
  • Sub-Zero refrigeration and wine coolers
  • Dornbracht sink faucet
  • Dimmable under-cabinet LED lighting
• Luxuriously appointed master bathrooms:
  • Custom Boffi “Fisher Island” soaking bathtub with Dornbracht faucet
  • Boffi floating vanity with LED lighting built in to mirror
  • Margraf honed statuaria book-matched marble
  • Dornbracht oversize rain shower with Starphire glass door
  • Dornbracht plumbing controls
  • Wall-mounted Duravit toilets with “SensoWash®”
  • Designer wall coverings
• Secondary bathrooms:
  • Boffi cabinetry with Cristalplant® floating vanity
  • Margraf honed Carrara marble with velvet finish
  • Dornbracht plumbing controls
  • Duravit wall-mounted toilets
  • Starphire glass shower doors
• Powder rooms:
  • Boffi cabinetry with Cristalplant® floating vanity
  • Dornbracht plumbing controls
  • Duravit wall-mounted toilets
  • Designer wall coverings
• Penthouses:
  • Up to 15-foot ceilings
  • Private rooftop terraces with panoramic views
  • Viking outdoor summer kitchens
  • Private stainless steel pools with glass tile finish by Bradford and outdoor showers
  • Enzo Enea-designed private rooftop decks finished with Ipe wood and Sea Grey granite hardscaping and manicured grass landscaping
  • 2-car air-conditioned garage with storage and Tesla electric car charger
• East and West Lanais:
  • Up to 13-foot ceilings
  • Private stainless steel pools with glass tile finish by Bradford and outdoor showers
  • Enzo Enea-designed private pool decks finished with Ipe wood and Sea Grey granite

    hardscaping and verdant landscaping