The Mansions on Fisher Island: A New Standard of Ultra-Luxury Estate Living on America’s Wealthiest Zip Code

The Mansions on Fisher Island: The Island’s First Single-Family Estate Collection

Fisher Island—long recognized as America’s wealthiest zip code—has always been synonymous with privacy, exclusivity, and generational wealth. Now, the island introduces its first-ever collection of ground-up single-family estates: The Mansions on Fisher Island. Conceived as a celebration of Mediterranean grandeur, these five bespoke homes blend world-class architecture, ultra-luxury finishes, expansive outdoor spaces, and a level of craftsmanship rarely seen, even in Miami’s top-tier luxury market.

Developed by MADAR Group USA, with architecture by Portuondo Perotti Architects, landscape architecture by Enzo Enea, and interiors by Ford Interiors, The Mansions represent a fusion of old-world European refinement and contemporary luxury design—perfectly at home within one of the most prestigious private islands in the world.

World-Class Design & Craftsmanship

Every residence is a custom-designed masterpiece, defined by elegant proportions, meticulous detailing, and timeless materials. Highlights include:

Interior Finishes

• Italian-crafted kitchens and vanities, produced by a renowned carpentry house specializing in bespoke millwork
• Sub-Zero and Wolf appliance suites
• Dornbracht fixtures throughout all bathrooms
• European white oak flooring imported from Italy, selected for minimal knots and rich grain
• Hand-selected stone slabs from top global quarries for kitchens, baths, and feature walls

Signature Architectural Features

• Tuscan-inspired facades
• Two private rooftop terraces on every residence
• Infinity-edge pools
• Lush gardens curated by Enzo Enea
• Spa-style primary bathrooms
• Expansive formal and informal living spaces
• Soaring ceiling heights & large-scale windows that maximize natural light

The Five Remaining Mansions: Specs, Pricing & Exposure

Below is a summary of the final available estate homes at The Mansions on Fisher Island, with interior square footage, lot size, bedroom and bath counts, exposures, and pricing.

Mansion No. 3

• Price: $36.5M
• Interior: 10,648 SF
• Lot Size: 15,949 SF
• Bedrooms/Baths/Powder: 8 BD / 10 BA / 2 HB
• Exposure: North
• Construction Timeline:
  • Broke Ground: June 2025
  • Top Off: February 2026
  • Completion: March 2027

Mansion No. 4

• Price: $36.5M
• Interior: 10,648 SF
• Lot Size: 15,670 SF
• Bedrooms/Baths/Powder: 8 BD / 10 BA / 2 HB
• Exposure: North
• Construction Timeline:
  • Currently in Schematic Design Phase

Mansion No. 5

• Price: $36.5M
• Interior: 10,976 SF
• Lot Size: 16,166 SF
• Bedrooms/Baths/Powder: 6 BD / 7 BA / 2 HB
• Exposure: North
• Construction Timeline:
  • Broke Ground: March 2025
  • Top Off: February 2026
  • Completion: April 2027

Mansion No. 7

• Price: $55M
• Interior: 15,802 SF
• Lot Size: 23,400 SF
• Bedrooms/Baths/Powder: 8 BD / 10 BA / 2 HB
• Exposure: North
• Construction Timeline:
  • Broke Ground: October 2025
  • Top Off: April 2026
  • Completion: August 2027

Mansion No. 9

• Price: $32M
• Interior: 8,570 SF
• Lot Size: 13,242 SF
• Bedrooms/Baths/Powder: 6 BD / 7 BA / 2 HB
• Exposure: South
• Construction Timeline:
  • Broke Ground: November 2025
  • Top Off: June 2026
  • Completion: August 2027

Turn-Key Delivery: Move-In Ready Included Features

Each mansion will be delivered move-in ready with:

• Completed pool & landscaping
• Outdoor kitchens & pergolas
• Interior & exterior doors and garage doors
• Elevators installed
• Full interior flooring
• Finished drywall
• Fully installed kitchens & bathrooms, including appliances
• Pavers
• Lighting, lighting control system, and keypads
• Pre-wiring for shades, AV systems, and cameras (equipment not included)

Life on Fisher Island: The Ultimate Private Sanctuary

Fisher Island is not just an address—it is a fully immersive luxury lifestyle reserved for an extremely select few. Accessible only by private yacht or auto ferry, the 216-acre island offers unmatched seclusion, safety, and prestige.

Why the World’s Wealthiest Choose Fisher Island

• Unparalleled privacy—no public access
• Members-only social clubs and amenities
• A protected community with lush landscaping and Mediterranean architecture
• Some of the most expensive real estate in the United States

Fisher Island Club Amenities

• Residents enjoy access to one of the most elite private clubs in the world:
• Vanderbilt Mansion—historic centerpiece of the island
• Private beach with imported Bahamian sand
• Beach Club with water views of the Atlantic & Biscayne Bay
• Spa Internazionale (24,000 SF wellness center)
• P.B. Dye-designed championship golf course
• Fisher Island Racquet Club with all four Grand Slam surfaces + pickleball
• Two private marinas for yachts up to 250 ft
• Multiple dining venues, from marina cafés to fine coastal cuisine
• Fisher Island Day School, offering early education through sixth grade

A Rare Offering of Unprecedented Scale

With expansive interior footprints, estate-sized lots, multi-level rooftop terraces, and meticulous craftsmanship, The Mansions on Fisher Island stand as some of the most exclusive and architecturally significant single-family offerings in Miami’s modern era.

These luxury homes are not merely residences—they are legacy estates in one of the most private and respected communities in the world.

If you’re interested in learning more, contact Lucas Lechuga at [email protected].

Miami Metro vs. New York Metro: How Luxury Listings Compare in the U.S. Market

Realtor.com’s new report, “What is Luxury?”, sheds light on how the nation’s top metros stack up when it comes to high-end real estate. While New York still leads in the sheer number of luxury listings, the Miami–Fort Lauderdale–West Palm Beach metro isn’t far behind—highlighting Miami’s rapid rise as a national luxury hub.

$1M+ Listings: Miami Nearly Catches New York

According to the report, the New York–Newark–Jersey City metro has 11,980 active listings priced at $1 million or more, the highest total in the country. Surprisingly, the Miami–Fort Lauderdale–West Palm Beach metro is close behind with 10,074 $1M+ listings.

The gap between the two is far narrower than many might expect. Historically, New York has been viewed as the undisputed capital of U.S. luxury real estate, but Miami’s surge in high-end inventory shows the city’s market is maturing and competing on a national stage.

The Top 10% Thresholds: Miami vs. New York

Realtor.com defines “luxury” as the top 10% most expensive homes in any given market. Here’s how the thresholds compare:

• Miami metro: The top 10% of listings start at $2,087,674
• New York metro: The top 10% of listings start at $2,887,829
• Nationally: The top 10% of listings begin at just under $1.3M

These numbers highlight how Miami’s luxury floor is nearly $800K higher than the national average, putting it firmly in the country’s upper tier. At the same time, it remains more accessible than New York, where buyers need close to $2.9M to break into the top luxury bracket.

What This Means for Buyers and Sellers

For buyers, Miami offers a unique proposition: access to a high-end market with world-class amenities, oceanfront living, and international appeal—all at a price point lower than New York’s top tier. For sellers, the data reinforces Miami’s position as one of the hottest luxury real estate markets in the U.S., with strong demand and inventory levels rivaling the country’s largest metro.

The Takeaway

The Realtor.com study confirms what many industry insiders already know: Miami is no longer just an emerging luxury market—it’s a powerhouse in its own right. With over 10,000 listings above $1 million and a luxury threshold that places it in the same conversation as New York, Miami continues to attract global buyers who see value, lifestyle, and long-term growth potential in South Florida real estate.

Miami Luxury Real Estate 2025: Cash Remains the Rule in an Ultra-High-End Market

In an article published yesterday, Realtor.com highlighted a striking reality in Miami’s upscale real estate market: cash continues to dominate luxury home transactions, especially at the highest price tiers. This pattern underscores a unique dynamic where financial flexibility—more than ever—drives market strength and seller confidence in the region.

Key Insights from Realtor.com:

• All-cash transactions are now the norm in Miami’s luxury segment:
  • Homes priced between $1M–$5M see 53.5% cash sales.
  • Properties above $10M are purchased with cash nearly 59% of the time.
• Ultra‑luxury condos and homes are overwhelmingly cash purchases:
  • 83% of condos priced over $2,000 per square foot sold for cash.
  • 79% of high-end single-family homes were cash transactions.
• Transaction volumes have soared compared to pre-pandemic levels:
  • Condo sales over $2,000/square foot increased 631%.
  • Single-family luxury sales are up a staggering 1,200%.
• Miami’s luxury listings are booming:
  • The metro area had nearly 50,000 active listings in July, with over 20% priced at $1M or more—far above the national average of 13.8%.
• Sellers are showing unusual patience:
  • Luxury homes linger longer—median days on market: 96.5 days, longer than in markets such as New York or Los Angeles.
  • Many sellers opt to delist rather than lower prices, maintaining confidence in Miami’s cash-rich buyer pool.
• The role of international and cash buyers is pivotal:
  • High-net-worth individuals from around the world look to Miami as a safe, desirable investment—favoring speed, convenience, and privacy over financing.

Market Implications & Context

These all‑cash trends reinforce Miami’s reputation as a global luxury real estate powerhouse—especially when viewed alongside broader market dynamics:

• Miami is among a handful of metros with year-over-year home price declines, yet the luxury segment remains resilient.
• Delistings remain elevated, reflecting strategic pricing confidence among sellers—even amid cooling demand. Miami had 27 delistings per 100 new listings in May—one of the highest rates nationwide.
• Gables Estates in Coral Gables recently overtook Beverly Hills as the most expensive U.S. neighborhood, highlighting Miami’s growing muscle in ultra‑luxury markets.

International Finance Exec Pays $110 Million for Vacant Land on Indian Creek Island Next to Jeff Bezos

A 1.84-acre vacant lot located at 9 Indian Creek Island Road has sold for $110 million, making it one of the highest land-only residential transactions in Florida history. Originally listed for $200 million, the parcel is located within Indian Creek Island, the ultra-exclusive enclave in Biscayne Bay often referred to as “Billionaire Bunker,” and is directly adjacent to Jeff Bezos’ Miami mansion.

When the property was first listed, speculation swirled that Jeff Bezos would ultimately be the buyer, given his recent acquisitions on the island. However, it has since been confirmed that the buyer is an international finance executive, not Bezos. The newly sold parcel sits directly next to two of the Amazon founder’s properties.

Jeff Bezos’ Indian Creek Island Acquisitions

Since 2023, Jeff Bezos has purchased three properties on Indian Creek Island, totaling 5.52 acres of waterfront land at a total cost of $237 million. Two of the parcels are adjacent; the third is located elsewhere on the island.

Notable Indian Creek Island Sales (2020–2025)

Below is a list of the most significant residential sales on Indian Creek Island within the past five years, including verified sale prices, lot sizes, and buyers:

Total Value of Notable Sales (2020–2025): Approximately $457 million

Indian Creek Island: The Crown Jewel of South Florida Luxury Real Estate

With only 41 estate lots, a private 18-hole golf course, its own municipal police force, and a single guarded bridge, Indian Creek Island offers unrivaled privacy and exclusivity. The man-made island in Biscayne Bay is home to some of the world’s most powerful and recognizable figures—from CEOs and celebrities to royalty and former heads of state.

As Jeff Bezos continues to grow his presence and history-making deals like the recent $110 million land sale make headlines, Indian Creek Island remains the gold standard of ultra-luxury real estate in the United States.

Waldorf Astoria Residences Miami-A $50 Million Penthouse Epitomizing Luxury and Investment Potential

In the heart of Miami, an architectural masterpiece rises, setting a new benchmark for luxury living and investment opportunities. The Waldorf Astoria Residences Miami, an iconic structure unparalleled in its design, has unveiled its crown jewel: a $50 million penthouse located in its ninth cube. This penthouse doesn’t just offer a residence; it offers a statement, positioning its inhabitants atop the highest residential edifice south of the Big Apple.

This penthouse is more than just a living space; it’s a testament to opulence and strategic investment. Spanning 13,119 square feet, it boasts features that cater to the discerning tastes of hedge fund magnates: a private gym for those early morning workouts, a theatre for private screenings, a wine room showcasing the world’s finest vintages, and a library that can double as a space for strategic meetings. The 360-degree views encompassing Miami Beach, Downtown Miami, and the vast expanse of the Atlantic Ocean are bound to inspire and invigorate its residents.

The penthouse’s design is both lavish and functional, with six spacious bedrooms, nine state-of-the-art bathrooms, and expansive floor-to-ceiling windows that flood the space with natural light. The primary suite is a haven, complete with luxury walk-in closets and Italian-crafted marble-finished vanities. The flexibility to tailor spaces, be it a personal gym or a contemporary kitchen, adds a personal touch, ensuring that each resident’s unique needs are met. The renowned design firm, BAMO, has lent its expertise to the interiors, ensuring that every inch exudes sophistication.

The Waldorf Astoria Residences Miami itself is a marvel, with its nine offset glass cubes enveloped in a shimmering “glass skin.” This 1,049-foot tower will house 360 private residences, alongside 205 guestrooms and suites that form part of the luxury hotel. The hotel’s signature spaces, private amenities, and the renowned Peacock Alley of the Waldorf Astoria brand are all housed within the first three cubes. The visionary design was a collaborative effort between Sieger Suarez Architects and the illustrious architect Carlos Ott.

For those who seek exclusivity, the tower offers a plethora of amenities. From a resort-style pool deck, holistic wellness spa, and a state-of-the-art fitness center to an owners-only lobby and bar, every detail has been meticulously curated. The integration of the latest smart home technology via a dedicated mobile app ensures that residents have access to a myriad of services at their fingertips, from spa reservations to dog walking services.

Hilton Management Services, known for its commitment to unparalleled service, will manage the Waldorf Astoria Residences Miami. This ensures that both residents and visitors experience the epitome of luxury and world-class experiences.

If you or someone you know have an interest in purchasing at Waldorf Astoria Residences Miami, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.

Urban Network Capital Group Unveils the Luxury Condo Hotel-Visions at Brickell Station

‘Visions at Brickell Station,’ a luxury condo-hotel aimed at elevated luxury or business visitors searching for an enhanced experience, has been unveiled by Urban Network Capital Group (UNCG).

After the nearly sold-out Visions Orlando Spa & Resort, which is a 354-unit luxury vacation hotel community set to commence development soon, Visions at Brickell Station is the second Visions project for UNCG. Visions is a recently introduced brand by UNCG, with the company’s first such developments taking place in Orlando and now Miami.

The recently finished assemblage, which cost a total of $8,500,000 to purchase, comprises of three Miami-area parcels at 1120, 1130, and 1136 SW 3rd Avenue. Around 70 new properties in the single-family and multifamily markets have been developed by UNCG, with deals worth over $2 billion successfully completed.

Visions at Brickell Station is a boutique condo/hotel complex with 111 residences ranging from studios to one-bedroom units, with no rental limitations, and is situated in the center of the city at 1120 SW 3rd Avenue. Owners can engage in a professionally run Hotel Program or rent it out through a booking platform of their choice.

A wide range of people are drawn to the distinctive, modern architecture created by DTI Architects, and UNCG can choose from a variety of price points, starting at $299,448 for a 321-square-foot studio, $413,124 for a 451-square-foot junior suite, and $501,960 for a 539-square-foot one-bedroom unit.

The eight-story skyscraper will provide spectacular style, intimacy, exclusivity, and a wide range of wellness-focused amenities that meet residents’ every need once it is finished in 2025. A state-of-the-art gym with interactive gym equipment, rooftop Infinity pool and terrace, on-site restaurant with food and beverage service, front desk check-in, laundry services, and a bike-share program are just a few of the distinctive features that improve the experience of being an owner at Visions at Brickell Station.

Keyless electronic entry, floor-to-ceiling windows with panoramic views of Miami’s famous skyline, a ceramic tile floor that looks like wood, quartz countertops, custom Italian cabinetry, and 75″ Smart TVs are just a few of the luxurious amenities found in each tastefully furnished designer residence. Visions at Brickell Station were designed by UNCG with in-unit wellness-focused luxuries such as advanced HVAC systems offering purified air and probiotic eco-sanitizing diffusion, nontoxic wall coverings, filtered water, aromatherapeutic diffusers, Vitamin C diffusion therapy showers, and lighting to relax and balance the mind. UNCG specializes in building communities that are both eco-friendly and wellness-certified.

Together with other private investors, the project is backed by V&V Investments, a Peruvian company. With more than 25 years of experience, V&V is the top real estate development company. The group’s total projects, which total more than $1.5 billion, span eleven portfolio projects in Aventura, Coral Gables, Fort Lauderdale, Port Charlotte, Cocoa Village, and now Brickell. V&V entered the U.S. market in 2021.

Zaha Hadid’s Former Condo Sells Again at $6 Million

World-renowned architect Zaha Hadid’s former W South Beach condo was just sold, AGAIN at $6 million.

Data reveals M. Reada “Ray” Bassiouni was the seller of the combined units 726, 728, and 730 at 2201 Collins Avenue, which was acquired by Thomas Robert and his wife Ann Chan, the owner of the security firm ATI Systems in Boston is Bassiouni. In Ponte Vedra Beach, Robert is the owner of GC Land Development LLC.

Records show that Bassiouni paid $5.8 million for the condo in 2018. The combined units feature 2,541 square feet of living space with three bedrooms and four bathrooms.

Since asking $8 million for the condo in March 2021, Bassiouni has intermittently offered it on the market. According to the Multiple Listing Service, the unit only brought in roughly $500,000 more than its previous asking price of $6.5 million.

Hadid designed the makeover herself after purchasing the apartments for $4.2 million in separate purchases over a five-year period. The Riverside Museum in Glasgow, the London Aquatics Centre for the 2012 Olympics, and Galaxy SOHO in Beijing were all designed by the Pritzker Prize-winning architect. When she passed away in Miami Beach in 2016, she was supervising the development of the Miami apartment complex One Thousand Museum that she had designed.

W South Beach is a luxury, oceanfront condo-hotel development located at 2201 Collins Avenue in Miami Beach, Florida. Built in 2009, W South Beach was developed by Tri Star Capital, Related Urban Development, and Starwood Properties.

With 300 feet of water frontage, W South Beach is considered to be one of South Beach’s finest residential developments. The W South Beach building was designed by award-winning architecture firm Nichols, Brosch, and Sandoval with interior design work by Yabu Pushelberg.

W South Beach rises 20 floors and includes 511 condo-hotel units comprised of studios, one-, two-, three-, and four-bedroom options plus penthouses.

Invite Only New Construction Luxury 50 Unit Condominium to Break Ground on Fisher Island Miami

The Related Group is making waves in South Florida with their newest condominium project on the exclusive Fisher Island. The invitation only condo tower would include 50 luxury residences with a select number of penthouses.

The wealthy have long made Fisher Island, which is located at the confluence of Biscayne Bay and the Atlantic Ocean and is a seven-minute ferry trip from Miami Beach.

Oprah, Julia Roberts, and Mel Brooks are all known to have lived on Fisher Island in the past. The enclave has also received some accolades: Bloomberg found in April 2018 that Fisher Island, with an average income of $2.5 million in 2015, was America’s wealthiest ZIP code.

According to Jon Paul Perez, Related’s President stated, “We are currently working with our sales teams to develop our list of VIPs. 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 proposed condo site, which is the last developable parcel on the 216-acre island, was just purchased for $122.6 million by Related Group, billionaire tycoon Teddy Sagi, BH Group, and Wanxiang America RE Group.

When the unnamed property is finished, units will cost about $30 million, while penthouses will cost more than $60 million.

Project Details:

• 3 to 5 bedroom residences
• Membership to Fisher Island Club
  • Golf course
  • Tennis facilities
  • Marinas

The project’s architect is listed as Kobi Karl with interiors by Tara Bernerd and Partners.

Sales are expected to begin at the end of 2022 with construction anticipated in quarter 4 of 2023.

Co-Owner of E11even Nightclub and Partner at Titan Capital Acquired Land at Miami Worldcenter

For $30 million, Lynd Living acquired a Miami Worldcenter development site from a business run by Marc Roberts, co-owner of the E11even nightclub, and Ira Saferstein, a partner at Titan Capital.

The $4 billion master-planned mixed-use project spanning 27 acres in the Park West neighborhood of downtown Miami has added the San Antonio-based company as the newest multifamily developer to the group of apartment builders.

According to public documents, a Lynd associate purchased the roughly 0.5-acre parcel of land at Northwest 10th Street and North Miami Avenue and secured a $22.7 million financing through TIG Romspen US Master Mortgage. According to a news statement, Kevin O’Grady and Justin Neelis from Concord Summit Capital handled the finance and Lynd has hired the company to find a construction loan. Additionally, Concord Summit mediated the sale.

IRR Parkwest Investments, led by Roberts and Saferstein, was sold by the Miami-based legal firm Adams Gallinar, which was represented by attorneys Michael Gallinar and Jason Camps.

A 650-unit apartment building is permitted on the site of the development. A residential tower is being planned, according to David Lynd, CEO of Lynd. “For the time being, we are keeping it quiet. We’ll release more information as we prepare to enter the market.

According to records, the vacant property was a component of a 1-acre assemblage that IRR purchased in 2020 for $26.7 million. The remaining property is still owned by Roberts and Saferstein. Roberts, a former boxing promoter, joined master developers Art Falcone and Nitin Motwani as an early investor in the Miami Worldcenter project in the early 2000s.

In March, the Miami Worldcenter development property at 1016 Northeast Second Avenue was purchased for $40.5 million by the New York-based Naftali Group and Chicago-based Akara Partners. The CEO of Naftali, Miki Naftali, is constructing two residential towers, but the company hasn’t said whether the structures would house condos or apartments.

Adam Neumann, a co-founder of WeWork, received $108 million in construction financing in February for a new apartment building on a bare lot at Miami Worldcenter. It shares a boundary with Caoba, a 40-story apartment complex at 698 Northeast First Avenue. Both the development site and Caoba’s ownership organization were purchased by Neumann.