Located just 3 miles from Miami, the former winter estate of William K. Vanderbilt, Fisher Island is one of the most exclusive communities in the world. A private island of 216 acres is an island paradise just a short boat ride from cosmopolitan Miami.
Reason No. 1 – Privacy
Fisher Island is a unique residential community, offering luxurious condominium residences ranging in size from 2,000 to 10,000+ square feet and priced from approximately $2 million to more than $40 million.
The privacy and security of a private island and the convenience of being just a few minutes away from Miami Beach.
Lauded by Bloomberg as “America’s Wealthiest Zip Code”, the island is home to over 700 prominent families from more than 40 different countries. Units are available around the island offering ocean views, bay views, and panoramas of South Beach and PortMiami.
Fisher Island maintains more than 100 boat slips for yacht-owning residents. Yacht and 24/7 public ferry are the only way to access the island.
Reason No. 2 – Amenities
Fisher Island offers residents world class resort amenities including a seaside 9-hole golf course, 18 tennis courts featuring all the four major Grand Slam surfaces, luxury beach club and spa, and over one mile of private beach with imported Bahamian sand. For entertainment and dining, there are seven casual and fine dining venues, the Vanderbilt Theater, an aviary and an observatory.
Reason no 3 – Low-tax regime
Wealthy buyers from other higher-tax states like New York and California are relocating to Fisher Island and other parts of Florida lured by not only by its weather, but its low taxes regime. Florida is a no income tax state and since the federal tax reform signed by Donald Trump in 2017 capped state and local tax deductions at $10,000, many high earners have flock to lower tax states, such as Florida.
Forbes Magazine ranked Miami as No. 6 in the world of favorite cities for the super-rich, behind only London, New York, Hong Kong, Paris and Singapore.