BY Michael Light / On October 10, 2022

Related Group is bringing a new level of exclusivity to Miami’s Fisher Island. Imagine owning one of 50 condos in a development that is only accessible by helicopter or boat, and you have to be INVITED to purchase. This is what is slated for the last developable parcel of land on Fisher Island.

For those unfamiliar with Fisher Island, it is an ultra-posh area in the Biscayne Bay, between Miami Beach and Miami. To get to the island, there is a seven-minute ferry ride, or you could arrive by boat (usually yacht) or by helicopter. The population is just 561, most of whom roam the island on golf carts. It truly is a peacefully chic ultra-exclusive enclave with a private beach, a club, restaurants and its own zip code that routinely shows up on the Forbes list of Most Expensive Zip Codes in the United States.

Although many wealthy people are very discreet about their earnings and their homes, statistics show that the average income on the island is $2.5 million per year. Celebrities who are more open about their living arrangements and have owned on Fisher Island include Oprah, Julia Roberts and Mel Brooks.

“We are currently working with our sales teams to develop our list of VIPs,” Jon Paul Perez, Related Group’s president, told Insider. “People can live their entire lives on the island and, as such, develop close relationships with neighbors and fellow residents. That’s the feeling we want to create at our job. We want our buyers to get to know one another, and forge close friendships that elevate this beyond just another one of their homes.”

The project has not yet been named, but is slated to feature three- to five-bedroom residences that will be offered for around $30 million. Penthouses will ask over $60 million. Each resident will receive membership in the Fisher Island Club to enjoy golf, restaurants, pool parties, marinas, tennis and the private beach. Local Miami architect Kobi Karp has been chosen to make the designs and London-based Tara Bernerd and Partners has been chosen for the interiors.



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